Welch

Oil & Gas Property in Martin County, TX

  2. Texas
  3. Martin County, TX
  4. Oil & Gas Properties in Martin County, TX
  5. Welch Oil & Gas Property

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Property Summary

Key data points for Welch

CountyMartin County, TX
Production DatesJan 1993 - Aug 2024
Total Oil Production133,584 BBLs
Total Gas Production175,387 MCF
Recent Oil Production481 BBLs in Jul 2024
Recent Gas Production11 MCF in Jul 2024
Wells on Property5

Our Valuation Estimates for Welch

ShaleAssessment™

$1,608 *

MarketMultiple™

$62,513 **

* 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
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for Welch
from Jan 1993 to Aug 2024

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.Monthly Gas 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

Operators Associated With Welch

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, TX43,705 BBLs95,048 MCFAug 2024
Billy 135Martin County, TX906 BBLs5,286 MCFAug 2024
ClonaMartin County, TX455 BBLs1,003 MCFAug 2024
CoffieldMartin County, TX0 BBLs0 MCFJul 2023
DR OrsonMartin County, TX55,198 BBLs128,882 MCFAug 2024
Fearless 136-137 AMartin County, TX3,708 BBLs6,957 MCFAug 2024
FullerMartin County, TX184 BBLs0 MCFAug 2024
Glaze J. LMartin County, TX717 BBLs498 MCFAug 2024
GreathouseMartin County, TX0 BBLs0 MCFApr 2024
MadisonMartin County, TX1,023 BBLs1,643 MCFAug 2024
MaysMartin County, TX711 BBLs1,312 MCFAug 2024
McMorriesMartin County, TX611 BBLs394 MCFAug 2024
Orson-Billy 139Martin County, TX49,534 BBLs129,336 MCFAug 2024
Paper Rings 136-137 AMartin County, TX3,548 BBLs4,039 MCFAug 2024
Pier 2Martin County, TX31,539 BBLs106,018 MCFAug 2024
Son 136Martin County, TX379 BBLs1,040 MCFAug 2024
TateMartin County, TX1,028 BBLs1,461 MCFAug 2024
WetselMartin County, TX293 BBLs397 MCFAug 2024
York-Law 139Martin County, TX83,503 BBLs144,904 MCFAug 2024

Companies in the Area

These are the closest 20 companies operating near the Welch property.

Company Name
Carlow Corp.
Concho Resources Inc.
Cox, John L.
Crownquest Operating, LLC
Diamondback E&P LLC
Endeavor Energy Resources, LP
Energen Resources Corporation
Extex Operating Company
Hanley Petroleum Inc.
Henry Petroleum Corp.
Hibernia Resources IV, LLC
Meadco Properties
MGF Oil Corporation
Oxyrock Operating, LLC
Parker & Parsley Development Co.
Parker & Parsley Development L.P
Pioneer Natural Res. USA, Inc.
R K Petroleum Corp.
Reatta Energy, Inc.
Stephens, Autry C.

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-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
08-31488WELCH -E-Mar 2024DIAMONDBACK E&P LLC
08-31488WELCH -E-Mar 2024PLAINS MARKETING, L.P.DIAMONDBACK E&P LLC
08-33172WELCH "F"Mar 2024PLAINS MARKETING, L.P.DIAMONDBACK E&P LLC
08-31488WELCH -E-Feb 2024BRAZOS MIDSTREAM OPERATING, LLCDIAMONDBACK E&P LLC
08-31488WELCH -E-Feb 2024DIAMONDBACK E&P LLC
08-33172WELCH "F"Feb 2024PLAINS MARKETING, L.P.DIAMONDBACK E&P LLC
08-33172WELCH "F"Jan 2024PLAINS MARKETING, L.P.DIAMONDBACK E&P LLC
08-31488WELCH -E-Dec 2023BRAZOS MIDSTREAM OPERATING, LLCDIAMONDBACK E&P LLC