Welch

Oil & Gas Property in Midland County, TX

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

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Property Summary

Key data points for Welch

CountyMidland County, TX
Production DatesJan 1993 - Oct 2024
Total Oil Production338,082 BBLs
Total Gas Production885,075 MCF
Recent Oil Production864 BBLs in Sep 2024
Recent Gas Production1,014 MCF in Sep 2024
Wells on Property8

Our Valuation Estimates for Welch

ShaleAssessment™

$48,609 *

MarketMultiple™

$135,894 **

* 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 Oct 2024

Wells on Welch

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-329-31965WELCH "D" 1PARKER & PARSLEY PETROLEUM CO.Permitted LocationMidland County, TX31.943945-101.969461
42-329-32210WELCH UNIT 1GREAT WESTERN DRILLING COMPANYPlugged Oil WellMidland County, TX31.945782-101.972422
42-329-37015WELCH C 3PIONEER NATURAL RES. USA, INC.ProducingMidland County, TX31.942464-101.978634
42-329-37502WELCH 'C' 4PIONEER NATURAL RES. USA, INC.Plugged Oil WellMidland County, TX31.943592-101.973888
42-329-37503WELCH C 5PIONEER NATURAL RES. USA, INC.ProducingMidland County, TX31.944370-101.968666
42-329-37857WELCH C 6PIONEER NATURAL RES. USA, INC.ProducingMidland County, TX31.947198-101.970339
42-329-37965WELCH C 7PIONEER NATURAL RES. USA, INC.ProducingMidland County, TX31.942115-101.968304
42-329-37966WELCH C 8PIONEER NATURAL RES. USA, INC.ProducingMidland County, TX31.946471-101.976574

Leases included in Welch

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-23003WELCH -C-PARKER & PARSLEY PETROLEUM CO.Midland County, TX
08-23558WELCH "B"COX, JOHN L.Midland County, TX
08-32904WELCH UNITGREAT WESTERN DRILLING COMPANYMidland County, TX
08-33736WELCH UNITBOYD & MCWILLIAMS ENERGY GROUPMidland County, TX
08-41841WELCH "C"PIONEER NATURAL RES. USA, INC.Midland 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
BennersMidland County, TX0 BBLs0 MCFMar 2023
Branch 102Midland County, TX786 BBLs6,205 MCFOct 2024
CassidyMidland County, TX94 BBLs41 MCFOct 2024
CrespiMidland County, TX7,697 BBLs9,800 MCFOct 2024
Early 592-591 Unit 1Midland County, TX31,402 BBLs224,639 MCFOct 2024
EstesMidland County, TX0 BBLs0 MCFJul 2024
GarrettMidland County, TX109 BBLs231 MCFOct 2024
Hall-PorterMidland County, TX13,148 BBLs148,164 MCFOct 2024
JohnsonMidland County, TX328 BBLs405 MCFOct 2024
JV EstesMidland County, TX0 BBLs0 MCFJul 2024
KylaMidland County, TX1,408 BBLs4,477 MCFSep 2024
Mid-StatesMidland County, TX17,837 BBLs120,788 MCFOct 2024
MusicMidland County, TX267 BBLs445 MCFOct 2024
Rebecca SLMidland County, TX3,526 BBLs14,739 MCFSep 2024
RobertsonMidland County, TX375 BBLs1,675 MCFOct 2024
SarahMidland County, TX191 BBLs2,096 MCFSep 2024
Stilt EastMidland County, TX10,931 BBLs54,427 MCFOct 2024
Stilt WestMidland County, TX19,346 BBLs173,246 MCFOct 2024
TienertMidland County, TX0 BBLs0 MCFJan 2022
Wigley 37Midland County, TX0 BBLs0 MCFMay 2023

Companies in the Area

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

Company Name
Baxter, Murphy H.
Brock Oil & Gas Corporation
Cox, John L.
Crownquest Operating, LLC
Devon Energy Corp (Nevada)
Diamondback E&P LLC
Endeavor Energy Resources, LP
Energen Resources Corporation
EOG Resources, Inc.
Gould Energy Co.
Henry Petroleum Corp.
Henry Resources LLC
Mid-States Operating Company
Mulloy Operating, Inc.
O'Neill Properties, LTD.
Parker & Parsley Development Co.
Parsley Energy Operations, LLC
Permian Resources Operating, LLC
Pioneer Natural Res. USA, Inc.
Vital Energy, Inc.

Owners of Welch

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024PIONEER NATURAL RES -WI-WELCH "C"PIONEER NAT RES
2024WELCH JOHN WESLEYWELCH "C"PIONEER NAT RES
2024WELCH CHARLES JUSTIN SSPWELCH "C"PIONEER NAT RES
2024WELCH CHARLES OWELCH "C"PIONEER NAT RES
2024WELCH-DEVINE MEREDITH LWELCH "C"PIONEER NAT RES
2024WELCH-MCCULLOCH SUSAN AWELCH "C"PIONEER NAT RES
2024WELCH WILLIAM TAYLORWELCH "C"PIONEER NAT RES
2024MEDLIN JESSICA WELCHWELCH "C"PIONEER NAT RES
Displaying 8 of 29 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
08-41841WELCH "C"Oct 2024NGL CRUDE LOGISTICS, LLCPIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"Sep 2024NGL CRUDE LOGISTICS, LLCPIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"Sep 2024PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"Sep 2024PIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"Aug 2024PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"Aug 2024PIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"Jul 2024PIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"Jul 2024PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"Jul 2024NGL CRUDE LOGISTICS, LLCPIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"Jun 2024NGL CRUDE LOGISTICS, LLCPIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"Jun 2024PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"Jun 2024PIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"May 2024PIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"May 2024PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"May 2024NGL CRUDE LOGISTICS, LLCPIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"Apr 2024NGL CRUDE LOGISTICS, LLCPIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"Apr 2024PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"Apr 2024PIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"Mar 2024PIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"Mar 2024PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"Mar 2024NGL CRUDE LOGISTICS, LLCPIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"Feb 2024NGL CRUDE LOGISTICS, LLCPIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"Feb 2024PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"Feb 2024PIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"Jan 2024NGL CRUDE LOGISTICS, LLCPIONEER NATURAL RESOURCES USA, INC.