MIDKIFF
MIDKIFF is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Patriot Resources, Inc. It has 29 wellbores on file with the Commission. Reported production runs from April 2008 to August 2026, totalling 2,476,945 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 $7.4M, with roughly $2.8M 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 4,251 barrels a month, about 147 per wellbore. Its strongest month on the record we hold was September 2018, at 75,281 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
- Who operates MIDKIFF?
- MIDKIFF is operated by Patriot Resources, Inc., Railroad Commission of Texas operator number 643401.
- Where is MIDKIFF?
- MIDKIFF is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 38763.
- Is MIDKIFF still producing?
- MIDKIFF is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MIDKIFF is August 2026.
- How much has MIDKIFF produced?
- MIDKIFF has reported 2,476,945 barrels of oil (bbl) to the Railroad Commission of Texas between April 2008 and August 2026, from 29 wellbores.
- How much is MIDKIFF worth?
- The remaining production from MIDKIFF is estimated to be worth about $7.4M in total as of 26 August 2026, within a range of $6.1M to $8.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MIDKIFF is a fraction of it. The estimate fits an Arps decline curve to the production MIDKIFF has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MIDKIFF is an estimate of value, not an offer and not an appraisal.
- How much income does MIDKIFF generate in a year?
- MIDKIFF is forecast to net about $2.8M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MIDKIFF receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Patriot Resources, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 38763 |
| Wellbores | 29 |
| Reported production | 2,476,945 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $7.4M |
Where MIDKIFF 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.