BOB MIDKIFF 48-01 0115

Operated by XTO ENERGY INC. (P-5 945936) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 51407District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$57.8 M
Nov 2018 – May 2026
Value, last 12 filed months
$3.0 M
at the published price for each month
Months reported
91
no gaps in the span
Streams
2
oil, casinghead gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 16,587 leases and 43,997 wells, and the rule below applies to all of them.

Discovered
1952-12-22
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2018-02-13.

The Commission's schedule remark for this field reads: SPRABERRY (TREND AREA) FIELD EFFECTIVE 10/1/2019.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
OilDisposition778,972 bbl$44,123,434
Casinghead gasProduction4,109,515 Mcf$13,681,641
Total$57,805,075

Wells on this lease (2)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 31.6404, -101.9394. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.64044, -101.93941 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
9,522 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
2100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

Between 9,361 and 9,683 ft, median 9,522 ft, over the 2 wells that filed a depth.

Completions filed
Nov 2018
2 of 2 wells

2 wells

42-329420900115AH9,361 ftNov 2018
42-329420910105BH9,683 ftNov 2018

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (91)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

91 months

May 202694830,626106.413.05$194,159
Apr 20261,84732,29198.932.87$275,390
Mar 20262,17431,71889.753.15$295,010
Feb 20264724,34063.503.75$46,248
Jan 20261,27736,78059.138.00$369,673
Dec 20252,08347,22656.664.41$326,448
Nov 20252,00236,82458.593.93$261,884
Oct 20252,12446,09859.383.30$278,470
Sep 20251,29627,71762.743.08$166,594
Aug 20251,95144,81863.933.01$259,843
Jul 20252,21244,47066.743.32$295,056
Jun 20251,93643,59166.483.13$265,089
May 20251,87441,44560.553.23$247,434
Apr 20252,12544,73262.363.54$291,006
Mar 20252,42746,44367.704.27$362,541
Feb 20252,05344,54170.884.34$338,862
Jan 20252,83953,22474.324.28$438,723
Dec 20242,43845,71868.993.12$310,900
Nov 20243,00939,47069.052.20$294,544
Oct 20242,49423,40271.372.28$231,386
Sep 20242,45845,17869.612.36$277,918
Aug 20242,57747,70575.632.06$293,344
Jul 20243,28943,81279.932.15$356,936
Jun 20243,52029,47478.082.63$352,476
May 20241,59028,12178.812.20$187,130
Apr 20242,20623,90684.451.66$225,962
Mar 20242,29244,09680.301.55$252,182
Feb 20243,58650,17076.091.78$362,344
Jan 20242,85625,24973.023.30$291,808
Dec 20232,09314,48171.262.61$186,953
Nov 20232,28823,81177.892.81$245,063
Oct 20233,24653,66085.443.09$443,002
Sep 20232,64750,19489.042.74$372,971
Aug 20232,67565,83780.522.67$391,365
Jul 20232,77070,93374.852.64$394,725
Jun 20232,50963,22468.962.26$315,811
May 20233,12779,81870.622.23$398,615
Apr 20233,78867,50278.122.24$446,972
Mar 20234,18958,70672.852.39$445,662
Feb 20233,72455,09675.112.47$415,559
Jan 20234,44050,02476.533.39$509,261
Dec 20224,43142,53776.415.73$582,271
Nov 20224,15751,71985.005.65$645,361
Oct 20224,23844,39687.185.86$629,796
Sep 20224,10035,48784.888.16$637,713
Aug 20224,88748,66694.529.13$906,102
Jul 20224,22221,826101.587.54$593,484
Jun 20223,87713,486115.097.98$553,784
May 20224,81118,096109.378.43$678,783
Apr 20221,08913,833104.226.84$208,080
Mar 20223,69930,145108.885.08$555,775
Feb 20225,47235,84791.054.86$672,400
Jan 20226,20445,02581.844.54$712,044
Dec 20216,44544,57671.323.90$633,465
Nov 20216,16639,37777.435.24$683,645
Oct 20216,37259,21279.795.71$846,752
Sep 20216,45770,31269.865.35$827,320
Aug 20217,59681,72566.024.22$846,416
Jul 20216,69679,80070.783.98$791,713
Jun 20217,570113,36469.493.38$909,280
May 20216,28770,91563.483.02$613,097
Apr 20215,65761,02560.362.76$509,789
Mar 20217,24048,41161.302.72$575,342
Feb 20215,02238,84957.805.55$505,804
Jan 20217,20238,44850.412.81$471,102
Dec 20206,62337,11744.642.68$394,956
Nov 20205,02330,54738.772.71$277,419
Oct 20209,15749,00236.972.48$459,982
Sep 20209,29145,64037.091.99$435,474
Aug 202010,18244,36039.982.39$512,879
Jul 202015,48883,07938.371.83$745,904
Jun 202016,20782,95034.901.69$705,836
May 202016,02981,62216.921.81$419,334
Apr 202016,74764,67814.751.80$363,722
Mar 202014,95965,60830.341.86$575,640
Feb 202015,94228,63049.881.98$851,894
Jan 202015,42215,89857.252.09$916,212
Dec 201915,24811,50859.012.30$926,303
Nov 20197,84021,04455.302.75$491,438
Oct 201913,80157,35553.472.42$876,655
Sep 201920,54853,37255.052.66$1,272,992
Aug 201920,69958,91453.112.30$1,235,083
Jul 201926,39867,76156.272.46$1,652,112
Jun 201923,70237,36852.782.49$1,344,083
May 201927,06840,27658.482.74$1,693,306
Apr 201933,45031,19062.632.75$2,180,768
Mar 201933,47744,42756.803.06$2,037,534
Feb 201933,93337,28550.852.79$1,829,601
Jan 201943,21041,69446.033.23$2,123,552
Dec 201844,27030,46646.594.19$2,190,053
Nov 201852,91044,17652.934.24$2,987,711

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Oil                  948 bbl  × $106.41 =   $100,877
Casinghead gas    30,626 Mcf  × $  3.05 =    $93,282

────────────────────────────────────────────────────
Month total                                 $194,159

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 08/O/51407 is the state's own key, not one this site invented.