Welch

Oil & Gas Property in Palo Pinto County, TX

Property Summary

Key data points for Welch

CountyPalo Pinto County, TX
OperatorJ-TEC OPERATING, LLC
Production DatesJan 1993 - Jun 2024
Total Oil Production555 BBLs
Total Gas Production129,398 MCF
Recent Oil ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property2

Our Valuation Estimates for Welch

ShaleAssessment

$287 *

MarketMultiple

$69 **

* 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 Jun 2024

Wells on Welch

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-363-32751WELCH 1J-TEC OPERATING, LLCProducingPalo Pinto County, TX32.783246-98.102069
42-363-35409WELCH 2J-TEC OPERATING, LLCProducingPalo Pinto County, TX32.783694-98.107471

Leases included in Welch

Lease #Lease NameOperatorCounty
7B-097425WELCH 1J-TEC OPERATING, LLCPalo Pinto County, TX
7B-212969WELCH 2J-TEC OPERATING, LLCPalo Pinto County, TX

Nearby Properties

These are the closest 20 properties to the Welch property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AirportParker County, TX0 BBLs494 MCFSep 2024
Canyon VIewPalo Pinto County, TX0 BBLs351 MCFSep 2024
Collins 1Palo Pinto County, TX0 BBLs82 MCFSep 2024
Crews 1Palo Pinto County, TX0 BBLs417 MCFSep 2024
CV-S 1Palo Pinto County, TX0 BBLs55 MCFSep 2024
Davidson, FPalo Pinto County, TX0 BBLs0 MCFJan 2011
Deep CreekPalo Pinto County, TX0 BBLs187 MCFSep 2024
Dunaway W. T. Unit IIPalo Pinto County, TX0 BBLs296 MCFSep 2024
DymentPalo Pinto County, TX0 BBLs384 MCFSep 2024
GilbertParker County, TX0 BBLs0 MCFAug 2023
HillPalo Pinto County, TX0 BBLs73 MCFAug 2024
HubbardPalo Pinto County, TX0 BBLs198 MCFSep 2024
KoonceParker County, TX0 BBLs0 MCFApr 2024
MoorePalo Pinto County, TX0 BBLs160 MCFSep 2024
Murphy-Stone UnitPalo Pinto County, TX7 BBLs4,807 MCFSep 2024
Reese KaylerPalo Pinto County, TX0 BBLs482 MCFSep 2024
Tolbert Dora UnitPalo Pinto County, TX0 BBLs317 MCFSep 2024
WarrenPalo Pinto County, TX0 BBLs843 MCFSep 2024
Wilson F.W. 1Palo Pinto County, TX0 BBLs20 MCFSep 2024
ZachParker County, TX2 BBLs1,317 MCFSep 2024

Owners of Welch

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024J-TEC OPERATING LLCWELCH W#1J-TEC OPERATIN
2024J-TEC OPERATING LLCWELCH #2J-TEC OPERATIN
2024PEBA OIL & GAS INCWELCH #2J-TEC OPERATIN

Oil & Gas Sales on Welch

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
7B-097425WELCH 1Jun 2024COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-212969WELCH 2Jun 2024COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-212969WELCH 2May 2024COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-097425WELCH 1May 2024COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-097425WELCH 1Apr 2024COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-212969WELCH 2Apr 2024COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-212969WELCH 2Feb 2024COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-097425WELCH 1Feb 2024COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-097425WELCH 1Dec 2023COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-097425WELCH 1Nov 2023COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-097425WELCH 1Oct 2023COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-212969WELCH 2Oct 2023COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-212969WELCH 2Jul 2023COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-097425WELCH 1Jul 2023COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-097425WELCH 1Jun 2023COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-212969WELCH 2Jun 2023COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-097425WELCH 1Mar 2023COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-212969WELCH 2Mar 2023COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-212969WELCH 2Feb 2023COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-097425WELCH 1Feb 2023COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-212969WELCH 2Jan 2023COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-097425WELCH 1Jan 2023COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-212969WELCH 2Nov 2022COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-097425WELCH 1Nov 2022COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-212969WELCH 2Oct 2022COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC