MIDKIFF W1B
MIDKIFF W1B 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 September 2022 to August 2026, totalling 187,579 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 $3.4M, with roughly $945K 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 710 barrels a month. Its strongest month on the record we hold was October 2022, at 26,336 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 W1B
- Who operates MIDKIFF W1B?
- MIDKIFF W1B is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is MIDKIFF W1B?
- MIDKIFF W1B is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 58175.
- Is MIDKIFF W1B still producing?
- MIDKIFF W1B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MIDKIFF W1B is August 2026.
- How much has MIDKIFF W1B produced?
- MIDKIFF W1B has reported 187,579 barrels of oil (bbl) to the Railroad Commission of Texas between September 2022 and August 2026, from 1 wellbore.
- How much is MIDKIFF W1B worth?
- The remaining production from MIDKIFF W1B is estimated to be worth about $3.4M in total as of 26 August 2026, within a range of $2.7M to $4.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MIDKIFF W1B is a fraction of it. The estimate fits an Arps decline curve to the production MIDKIFF W1B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MIDKIFF W1B is an estimate of value, not an offer and not an appraisal.
- How much income does MIDKIFF W1B generate in a year?
- MIDKIFF W1B is forecast to net about $945K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MIDKIFF W1B 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) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 58175 |
| Wellbores | 1 |
| Reported production | 187,579 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.4M |
Where MIDKIFF W1B 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.