MIDKIFF W12B
MIDKIFF W12B is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Pioneer Natural Res. USA, Inc. It has 1 wellbore on file with the Commission. Reported production runs from September 2022 to August 2026, totalling 256,120 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $4.7M, with roughly $1.3M expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 1,523 barrels a month. Its strongest month on the record we hold was November 2022, at 30,119 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about MIDKIFF W12B
- Who operates MIDKIFF W12B?
- MIDKIFF W12B is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is MIDKIFF W12B?
- MIDKIFF W12B is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 58196.
- Is MIDKIFF W12B still producing?
- MIDKIFF W12B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MIDKIFF W12B is August 2026.
- How much has MIDKIFF W12B produced?
- MIDKIFF W12B has reported 256,120 barrels of oil (bbl) to the Railroad Commission of Texas between September 2022 and August 2026, from 1 wellbore.
- How much is MIDKIFF W12B worth?
- The remaining production from MIDKIFF W12B is estimated to be worth about $4.7M in total as of 26 August 2026, within a range of $3.9M to $5.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MIDKIFF W12B is a fraction of it. The estimate fits an Arps decline curve to the production MIDKIFF W12B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MIDKIFF W12B is an estimate of value, not an offer and not an appraisal.
- How much income does MIDKIFF W12B generate in a year?
- MIDKIFF W12B is forecast to net about $1.3M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MIDKIFF W12B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pioneer Natural Res. USA, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 58196 |
| Wellbores | 1 |
| Reported production | 256,120 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.7M |
Where MIDKIFF W12B sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.