Welch

Oil & Gas Property in Martin County, TX

Property Summary

Key data points for Welch

CountyMartin County, TX
Production DatesJan 1993 - Dec 2024
Total Oil Production135,429 BBLs
Total Gas Production175,387 MCF
Recent Oil Production445 BBLs in Nov 2024
Recent Gas Production0 MCF in Nov 2024
Wells on Property5

Our Valuation Estimates for Welch

ShaleAssessment

$1,458 *

MarketMultiple

$60,293 **

* 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 Dec 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.
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, TX32,107 BBLs64,624 MCFDec 2024
Billy 135Martin County, TX805 BBLs4,291 MCFDec 2024
ClonaMartin County, TX345 BBLs715 MCFDec 2024
CoffieldMartin County, TX0 BBLs0 MCFJul 2023
DR OrsonMartin County, TX48,115 BBLs177,123 MCFDec 2024
Fearless 136-137 AMartin County, TX3,739 BBLs5,543 MCFDec 2024
FullerMartin County, TX414 BBLs0 MCFDec 2024
Glaze J. LMartin County, TX401 BBLs0 MCFDec 2024
GreathouseMartin County, TX0 BBLs0 MCFApr 2024
MadisonMartin County, TX684 BBLs1,236 MCFDec 2024
MaysMartin County, TX437 BBLs955 MCFDec 2024
McMorriesMartin County, TX502 BBLs639 MCFDec 2024
Orson-Billy 139Martin County, TX38,221 BBLs124,669 MCFDec 2024
Paper Rings 136-137 AMartin County, TX3,421 BBLs4,884 MCFDec 2024
Pier 2Martin County, TX28,129 BBLs108,919 MCFDec 2024
Son 136Martin County, TX394 BBLs1,128 MCFDec 2024
TateMartin County, TX746 BBLs763 MCFDec 2024
WetselMartin County, TX131 BBLs479 MCFDec 2024
York-Law 139Martin County, TX63,396 BBLs125,180 MCFDec 2024

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