MIDKIFF 42
MIDKIFF 42 is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Plains Petroleum Operating Co. It has 14 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 406,821 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 $826K, with roughly $433K 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 784 barrels a month, about 56 per wellbore. Its strongest month on the record we hold was March 2018, at 3,815 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
- Who operates MIDKIFF 42?
- MIDKIFF 42 is operated by Plains Petroleum Operating Co., Railroad Commission of Texas operator number 667867.
- Where is MIDKIFF 42?
- MIDKIFF 42 is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 32973.
- Is MIDKIFF 42 still producing?
- MIDKIFF 42 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MIDKIFF 42 is August 2026.
- How much has MIDKIFF 42 produced?
- MIDKIFF 42 has reported 406,821 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 14 wellbores.
- How much is MIDKIFF 42 worth?
- The remaining production from MIDKIFF 42 is estimated to be worth about $826K in total as of 26 August 2026, within a range of $644K to $1.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MIDKIFF 42 is a fraction of it. The estimate fits an Arps decline curve to the production MIDKIFF 42 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 is an estimate of value, not an offer and not an appraisal.
- How much income does MIDKIFF 42 generate in a year?
- MIDKIFF 42 is forecast to net about $433K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MIDKIFF 42 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Plains Petroleum Operating Co. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 32973 |
| Wellbores | 14 |
| Reported production | 406,821 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $826K |
Where MIDKIFF 42 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.