MIDKIFF NEN11E
MIDKIFF NEN11E is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Pioneer Natural Res. USA, Inc. It has 2 wellbores on file with the Commission. Reported production runs from August 2019 to August 2026, totalling 548,889 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 $999K, with roughly $638K 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 1,062 barrels a month, about 531 per wellbore. Its strongest month on the record we hold was March 2020, at 52,288 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 NEN11E
- Who operates MIDKIFF NEN11E?
- MIDKIFF NEN11E is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is MIDKIFF NEN11E?
- MIDKIFF NEN11E is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 53245.
- Is MIDKIFF NEN11E still producing?
- MIDKIFF NEN11E is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MIDKIFF NEN11E is August 2026.
- How much has MIDKIFF NEN11E produced?
- MIDKIFF NEN11E has reported 548,889 barrels of oil (bbl) to the Railroad Commission of Texas between August 2019 and August 2026, from 2 wellbores.
- How much is MIDKIFF NEN11E worth?
- The remaining production from MIDKIFF NEN11E is estimated to be worth about $999K in total as of 27 August 2026, within a range of $829K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MIDKIFF NEN11E is a fraction of it. The estimate fits an Arps decline curve to the production MIDKIFF NEN11E has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MIDKIFF NEN11E is an estimate of value, not an offer and not an appraisal.
- How much income does MIDKIFF NEN11E generate in a year?
- MIDKIFF NEN11E is forecast to net about $638K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MIDKIFF NEN11E 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) R 40 Exc |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 53245 |
| Wellbores | 2 |
| Reported production | 548,889 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $999K |
Where MIDKIFF NEN11E 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.