Welch

Oil & Gas Property in Martin County, TX

Property Summary

Key data points for Welch

CountyMartin County, TX
Production DatesJan 1993 - Jan 2025
Total Oil Production135,511 BBLs
Total Gas Production175,387 MCF
Recent Oil Production478 BBLs in Dec 2024
Recent Gas Production0 MCF in Dec 2024
Wells on Property5

Our Valuation Estimates for Welch

ShaleAssessment

$1,445 *

MarketMultiple

$59,038 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Welch Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Welch
from Jan 1993 to Jan 2025

Wells on Welch

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-317-31226WELCH 2PARKER & PARSLEY DEVELOPMENT L.PPlugged Oil WellMartin County, TX32.300162-102.041292
42-317-33078WELCH 3HCW EXPLORATION, INC.Plugged Oil WellMartin County, TX32.300248-102.048252
42-317-33375WELCH "A" 1PARKER & PARSLEY PETROLEUM CO.Plugged Oil WellMartin County, TX32.298368-102.041665
42-317-33468WELCH -E- 1DIAMONDBACK E&P LLCProducingMartin County, TX32.295453-102.051193
42-317-33846WELCH F 1DIAMONDBACK E&P LLCProducingMartin County, TX32.301669-102.043945

Leases included in Welch

Lease #Lease NameOperatorCountyMonthly Oil Prod.
08-23181WELCHPARKER & PARSLEY DEVELOPMENT L.PMartin County, TX
08-30919WELCH "A"PARKER & PARSLEY DEVELOPMENT CO.Martin County, TX
08-31488WELCH -E-DIAMONDBACK E&P LLCMartin County, TX
08-33172WELCH "F"DIAMONDBACK E&P LLCMartin County, TX

Nearby Properties

These are the closest 20 properties to the Welch property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AlicoMartin County, TX0 BBLs0 MCFDec 2022
AlldaleMartin County, TX32,788 BBLs67,014 MCFJan 2025
Billy 135Martin County, TX791 BBLs3,210 MCFJan 2025
ClonaMartin County, TX379 BBLs869 MCFJan 2025
CoffieldMartin County, TX0 BBLs0 MCFJul 2023
DR OrsonMartin County, TX49,066 BBLs189,046 MCFJan 2025
Fearless 136-137 AMartin County, TX3,757 BBLs6,462 MCFJan 2025
FullerMartin County, TX430 BBLs21 MCFJan 2025
Glaze J. LMartin County, TX424 BBLs76 MCFJan 2025
GreathouseMartin County, TX0 BBLs0 MCFJan 2025
MadisonMartin County, TX1,176 BBLs1,702 MCFJan 2025
MaysMartin County, TX230 BBLs731 MCFJan 2025
McMorriesMartin County, TX442 BBLs642 MCFJan 2025
Orson-Billy 139Martin County, TX31,887 BBLs105,110 MCFJan 2025
Paper Rings 136-137 AMartin County, TX3,083 BBLs6,249 MCFJan 2025
Pier 2Martin County, TX30,352 BBLs113,273 MCFJan 2025
Son 136Martin County, TX359 BBLs1,143 MCFJan 2025
TateMartin County, TX686 BBLs888 MCFJan 2025
WetselMartin County, TX280 BBLs375 MCFJan 2025
York-Law 139Martin County, TX67,158 BBLs160,812 MCFJan 2025

Frac'ing activity on Welch

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-317-33846WELCH F #1

Owners of Welch

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024DIAMONDBACK E&P LLCWELCH "F"DIAMONDBACK
2024NOBLE ROYALTIES INCWELCH "F"DIAMONDBACK
2024MOBIL PRODUCING TEXAS & NMWELCH "F"DIAMONDBACK
2024INNERARITY FAMILY MINERALS LLCWELCH "F"DIAMONDBACK
2024LAFORCE FAMILY LPWELCH "F"DIAMONDBACK
2024MERCURY MINERAL INVESTMENTSWELCH "F"DIAMONDBACK
2024FORTIS MINERALS II LLCWELCH "F"DIAMONDBACK
2024DIAMONDBACK E&P LLCWELCH "E"DIAMONDBACK
Displaying 8 of 72 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Welch

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-31488WELCH -E-Oct 2024PLAINS MARKETING, L.P.DIAMONDBACK E&P LLC
08-33172WELCH "F"Oct 2024PLAINS MARKETING, L.P.DIAMONDBACK E&P LLC
08-31488WELCH -E-Sep 2024PLAINS MARKETING, L.P.DIAMONDBACK E&P LLC
08-33172WELCH "F"Sep 2024PLAINS MARKETING, L.P.DIAMONDBACK E&P LLC
08-31488WELCH -E-Aug 2024BRAZOS MIDSTREAM OPERATING, LLCDIAMONDBACK E&P LLC
08-31488WELCH -E-Aug 2024DIAMONDBACK E&P LLC
08-31488WELCH -E-Aug 2024PLAINS MARKETING, L.P.DIAMONDBACK E&P LLC
08-33172WELCH "F"Aug 2024PLAINS MARKETING, L.P.DIAMONDBACK E&P LLC
08-31488WELCH -E-Jul 2024BRAZOS MIDSTREAM OPERATING, LLCDIAMONDBACK E&P LLC
08-31488WELCH -E-Jul 2024DIAMONDBACK E&P LLC
08-31488WELCH -E-Jul 2024PLAINS MARKETING, L.P.DIAMONDBACK E&P LLC
08-33172WELCH "F"Jul 2024PLAINS MARKETING, L.P.DIAMONDBACK E&P LLC
08-31488WELCH -E-Jun 2024BRAZOS MIDSTREAM OPERATING, LLCDIAMONDBACK E&P LLC
08-31488WELCH -E-Jun 2024DIAMONDBACK E&P LLC
08-31488WELCH -E-Jun 2024PLAINS MARKETING, L.P.DIAMONDBACK E&P LLC
08-33172WELCH "F"Jun 2024PLAINS MARKETING, L.P.DIAMONDBACK E&P LLC
08-31488WELCH -E-May 2024BRAZOS MIDSTREAM OPERATING, LLCDIAMONDBACK E&P LLC
08-31488WELCH -E-May 2024DIAMONDBACK E&P LLC
08-31488WELCH -E-May 2024PLAINS MARKETING, L.P.DIAMONDBACK E&P LLC
08-33172WELCH "F"May 2024PLAINS MARKETING, L.P.DIAMONDBACK E&P LLC
08-31488WELCH -E-Apr 2024BRAZOS MIDSTREAM OPERATING, LLCDIAMONDBACK E&P LLC
08-31488WELCH -E-Apr 2024DIAMONDBACK E&P LLC
08-31488WELCH -E-Apr 2024PLAINS MARKETING, L.P.DIAMONDBACK E&P LLC
08-33172WELCH "F"Apr 2024PLAINS MARKETING, L.P.DIAMONDBACK E&P LLC
08-31488WELCH -E-Mar 2024BRAZOS MIDSTREAM OPERATING, LLCDIAMONDBACK E&P LLC