MIDKIFF "B"
MIDKIFF "B" is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Perenco LLC. It has 8 wellbores on file with the Commission. Reported production runs from July 2003 to August 2026, totalling 375,525 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 $547K, with roughly $101K 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 143 barrels a month, about 18 per wellbore. Its strongest month on the record we hold was July 2016, at 2,760 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 "B"
- Who operates MIDKIFF "B"?
- MIDKIFF "B" is operated by Perenco LLC, Railroad Commission of Texas operator number 653280.
- Where is MIDKIFF "B"?
- MIDKIFF "B" is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 37135.
- Is MIDKIFF "B" still producing?
- MIDKIFF "B" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MIDKIFF "B" is August 2026.
- How much has MIDKIFF "B" produced?
- MIDKIFF "B" has reported 375,525 barrels of oil (bbl) to the Railroad Commission of Texas between July 2003 and August 2026, from 8 wellbores.
- How much is MIDKIFF "B" worth?
- The remaining production from MIDKIFF "B" is estimated to be worth about $547K in total as of 27 August 2026, within a range of $427K to $667K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MIDKIFF "B" is a fraction of it. The estimate fits an Arps decline curve to the production MIDKIFF "B" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MIDKIFF "B" is an estimate of value, not an offer and not an appraisal.
- How much income does MIDKIFF "B" generate in a year?
- MIDKIFF "B" is forecast to net about $101K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MIDKIFF "B" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Perenco LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 37135 |
| Wellbores | 8 |
| Reported production | 375,525 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $547K |
Where MIDKIFF "B" 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.