FRANK MIDKIFF 35 ALLOCATION 3816
FRANK MIDKIFF 35 ALLOCATION 3816 is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Xto Energy Inc. It has 2 wellbores on file with the Commission. Reported production runs from September 2017 to August 2026, totalling 302,691 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 $4.9M, with roughly $831K 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 470 barrels a month, about 235 per wellbore. Its strongest month on the record we hold was July 2018, at 29,978 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 FRANK MIDKIFF 35 ALLOCATION 3816
- Who operates FRANK MIDKIFF 35 ALLOCATION 3816?
- FRANK MIDKIFF 35 ALLOCATION 3816 is operated by Xto Energy Inc., Railroad Commission of Texas operator number 945936.
- Where is FRANK MIDKIFF 35 ALLOCATION 3816?
- FRANK MIDKIFF 35 ALLOCATION 3816 is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 49672.
- Is FRANK MIDKIFF 35 ALLOCATION 3816 still producing?
- FRANK MIDKIFF 35 ALLOCATION 3816 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FRANK MIDKIFF 35 ALLOCATION 3816 is August 2026.
- How much has FRANK MIDKIFF 35 ALLOCATION 3816 produced?
- FRANK MIDKIFF 35 ALLOCATION 3816 has reported 302,691 barrels of oil (bbl) to the Railroad Commission of Texas between September 2017 and August 2026, from 2 wellbores.
- How much is FRANK MIDKIFF 35 ALLOCATION 3816 worth?
- The remaining production from FRANK MIDKIFF 35 ALLOCATION 3816 is estimated to be worth about $4.9M in total as of 27 August 2026, within a range of $3.8M to $6.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FRANK MIDKIFF 35 ALLOCATION 3816 is a fraction of it. The estimate fits an Arps decline curve to the production FRANK MIDKIFF 35 ALLOCATION 3816 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FRANK MIDKIFF 35 ALLOCATION 3816 is an estimate of value, not an offer and not an appraisal.
- How much income does FRANK MIDKIFF 35 ALLOCATION 3816 generate in a year?
- FRANK MIDKIFF 35 ALLOCATION 3816 is forecast to net about $831K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in FRANK MIDKIFF 35 ALLOCATION 3816 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Xto Energy Inc. |
|---|---|
| Field | Spraberry (Trend Area) R 40 Exc |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 49672 |
| Wellbores | 2 |
| Reported production | 302,691 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.9M |
Where FRANK MIDKIFF 35 ALLOCATION 3816 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.