MIDKIFF NW11B
MIDKIFF NW11B is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Pioneer Natural Res. USA, Inc. It has 1 wellbore on file with the Commission. Reported production runs from October 2021 to August 2026, totalling 287,550 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 $6.9M, with roughly $2.0M 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 2,452 barrels a month. Its strongest month on the record we hold was December 2021, at 19,238 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 NW11B
- Who operates MIDKIFF NW11B?
- MIDKIFF NW11B is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is MIDKIFF NW11B?
- MIDKIFF NW11B is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 21489.
- Is MIDKIFF NW11B still producing?
- MIDKIFF NW11B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MIDKIFF NW11B is August 2026.
- How much has MIDKIFF NW11B produced?
- MIDKIFF NW11B has reported 287,550 barrels of oil (bbl) to the Railroad Commission of Texas between October 2021 and August 2026, from 1 wellbore.
- How much is MIDKIFF NW11B worth?
- The remaining production from MIDKIFF NW11B is estimated to be worth about $6.9M in total as of 26 August 2026, within a range of $5.7M to $8.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MIDKIFF NW11B is a fraction of it. The estimate fits an Arps decline curve to the production MIDKIFF NW11B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MIDKIFF NW11B is an estimate of value, not an offer and not an appraisal.
- How much income does MIDKIFF NW11B generate in a year?
- MIDKIFF NW11B is forecast to net about $2.0M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MIDKIFF NW11B 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 | Upton County, Texas |
| RRC district | 7C |
| Lease number | 21489 |
| Wellbores | 1 |
| Reported production | 287,550 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $6.9M |
Where MIDKIFF NW11B 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.