Welch

Oil & Gas Property in Martin County, TX

Property Summary

Key data points for Welch

CountyMartin County, TX
Production DatesJan 1993 - Oct 2024
Total Oil Production134,506 BBLs
Total Gas Production175,387 MCF
Recent Oil Production521 BBLs in Sep 2024
Recent Gas Production0 MCF in Sep 2024
Wells on Property5

Our Valuation Estimates for Welch

ShaleAssessment

$1,541 *

MarketMultiple

$57,652 **

* 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 Oct 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, TX32,054 BBLs69,682 MCFOct 2024
ClonaMartin County, TX410 BBLs855 MCFOct 2024
CoffieldMartin County, TX0 BBLs0 MCFJul 2023
DR OrsonMartin County, TX55,775 BBLs160,905 MCFOct 2024
Fearless 136-137 AMartin County, TX3,690 BBLs6,729 MCFOct 2024
FullerMartin County, TX450 BBLs42 MCFOct 2024
Glaze J. LMartin County, TX662 BBLs933 MCFOct 2024
GreathouseMartin County, TX0 BBLs0 MCFApr 2024
MadisonMartin County, TX988 BBLs1,479 MCFOct 2024
MaysMartin County, TX688 BBLs1,371 MCFOct 2024
McBrendaMartin County, TX352 BBLs119 MCFOct 2024
McMorriesMartin County, TX534 BBLs469 MCFOct 2024
Orson-Billy 139Martin County, TX38,861 BBLs86,454 MCFOct 2024
Paper Rings 136-137 AMartin County, TX3,818 BBLs5,145 MCFOct 2024
Pier 2Martin County, TX31,082 BBLs107,527 MCFOct 2024
Son 136Martin County, TX393 BBLs667 MCFOct 2024
TateMartin County, TX1,126 BBLs1,487 MCFOct 2024
WetselMartin County, TX358 BBLs384 MCFOct 2024
York-Law 139Martin County, TX64,019 BBLs120,462 MCFOct 2024

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