MIDKIFF NEN11F
MIDKIFF NEN11F is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Pioneer Natural Res. USA, Inc. It has 1 wellbore on file with the Commission. Reported production runs from August 2019 to August 2026, totalling 314,050 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 $337K, with roughly $225K 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 306 barrels a month. Its strongest month on the record we hold was March 2020, at 41,682 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 NEN11F
- Who operates MIDKIFF NEN11F?
- MIDKIFF NEN11F is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is MIDKIFF NEN11F?
- MIDKIFF NEN11F is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 53531.
- Is MIDKIFF NEN11F still producing?
- MIDKIFF NEN11F is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MIDKIFF NEN11F is August 2026.
- How much has MIDKIFF NEN11F produced?
- MIDKIFF NEN11F has reported 314,050 barrels of oil (bbl) to the Railroad Commission of Texas between August 2019 and August 2026, from 1 wellbore.
- How much is MIDKIFF NEN11F worth?
- The remaining production from MIDKIFF NEN11F is estimated to be worth about $337K in total as of 27 August 2026, within a range of $263K to $411K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MIDKIFF NEN11F is a fraction of it. The estimate fits an Arps decline curve to the production MIDKIFF NEN11F has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MIDKIFF NEN11F is an estimate of value, not an offer and not an appraisal.
- How much income does MIDKIFF NEN11F generate in a year?
- MIDKIFF NEN11F is forecast to net about $225K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MIDKIFF NEN11F 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 | 53531 |
| Wellbores | 1 |
| Reported production | 314,050 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $337K |
Where MIDKIFF NEN11F 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.