MIDKIFF 42-43 ALLOCATION 4303
MIDKIFF 42-43 ALLOCATION 4303 is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Xto Energy Inc. It has 1 wellbore on file with the Commission. Reported production runs from December 2015 to August 2026, totalling 258,008 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 $1.8M, with roughly $395K 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 313 barrels a month. Its strongest month on the record we hold was May 2016, at 11,477 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 MIDKIFF 42-43 ALLOCATION 4303
- Who operates MIDKIFF 42-43 ALLOCATION 4303?
- MIDKIFF 42-43 ALLOCATION 4303 is operated by Xto Energy Inc., Railroad Commission of Texas operator number 945936.
- Where is MIDKIFF 42-43 ALLOCATION 4303?
- MIDKIFF 42-43 ALLOCATION 4303 is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 47420.
- Is MIDKIFF 42-43 ALLOCATION 4303 still producing?
- MIDKIFF 42-43 ALLOCATION 4303 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MIDKIFF 42-43 ALLOCATION 4303 is August 2026.
- How much has MIDKIFF 42-43 ALLOCATION 4303 produced?
- MIDKIFF 42-43 ALLOCATION 4303 has reported 258,008 barrels of oil (bbl) to the Railroad Commission of Texas between December 2015 and August 2026, from 1 wellbore.
- How much is MIDKIFF 42-43 ALLOCATION 4303 worth?
- The remaining production from MIDKIFF 42-43 ALLOCATION 4303 is estimated to be worth about $1.8M in total as of 27 August 2026, within a range of $1.4M to $2.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MIDKIFF 42-43 ALLOCATION 4303 is a fraction of it. The estimate fits an Arps decline curve to the production MIDKIFF 42-43 ALLOCATION 4303 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MIDKIFF 42-43 ALLOCATION 4303 is an estimate of value, not an offer and not an appraisal.
- How much income does MIDKIFF 42-43 ALLOCATION 4303 generate in a year?
- MIDKIFF 42-43 ALLOCATION 4303 is forecast to net about $395K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MIDKIFF 42-43 ALLOCATION 4303 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) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 47420 |
| Wellbores | 1 |
| Reported production | 258,008 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.8M |
Where MIDKIFF 42-43 ALLOCATION 4303 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.