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 - Sep 2024
Total Oil Production134,105 BBLs
Total Gas Production175,387 MCF
Recent Oil Production329 BBLs in Aug 2024
Recent Gas Production9 MCF in Aug 2024
Wells on Property5

Our Valuation Estimates for Welch

ShaleAssessment™

$1,576 *

MarketMultiple™

$57,533 **

* 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 Sep 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, TX37,469 BBLs78,645 MCFSep 2024
Billy 135Martin County, TX1,610 BBLs6,364 MCFSep 2024
ClonaMartin County, TX397 BBLs759 MCFSep 2024
CoffieldMartin County, TX0 BBLs0 MCFJul 2023
DR OrsonMartin County, TX57,719 BBLs149,300 MCFSep 2024
Fearless 136-137 AMartin County, TX3,768 BBLs6,837 MCFSep 2024
FullerMartin County, TX404 BBLs19 MCFSep 2024
Glaze J. LMartin County, TX758 BBLs293 MCFSep 2024
GreathouseMartin County, TX0 BBLs0 MCFApr 2024
MadisonMartin County, TX1,033 BBLs1,629 MCFSep 2024
MaysMartin County, TX544 BBLs1,174 MCFSep 2024
McMorriesMartin County, TX362 BBLs455 MCFSep 2024
Orson-Billy 139Martin County, TX44,882 BBLs110,478 MCFSep 2024
Paper Rings 136-137 AMartin County, TX3,536 BBLs4,269 MCFSep 2024
Pier 2Martin County, TX29,787 BBLs100,087 MCFSep 2024
Son 136Martin County, TX281 BBLs783 MCFSep 2024
TateMartin County, TX698 BBLs1,241 MCFSep 2024
WetselMartin County, TX207 BBLs397 MCFSep 2024
York-Law 139Martin County, TX82,334 BBLs165,143 MCFSep 2024

Companies in the Area

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

Company Name
Carlow Corp.
Civitas Permian Operating, LLC
Cox, John L.
Crownquest Operating, LLC
Diamondback E&P LLC
Endeavor Energy Resources, LP
Energen Resources Corporation
Extex Operating Company
Henry Petroleum Corp.
Hibernia Resources IV, LLC
Meadco Properties
Merit Energy Company
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