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 - Oct 2024
Total Oil Production555 BBLs
Total Gas Production129,709 MCF
Recent Oil ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property2

Our Valuation Estimates for Welch

ShaleAssessment

$277 *

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 Oct 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 BBLs642 MCFOct 2024
Canyon VIewPalo Pinto County, TX0 BBLs365 MCFOct 2024
Collins 1Palo Pinto County, TX0 BBLs80 MCFOct 2024
Crews 1Palo Pinto County, TX0 BBLs434 MCFOct 2024
CV-S 1Palo Pinto County, TX0 BBLs68 MCFOct 2024
Davidson, FPalo Pinto County, TX0 BBLs0 MCFJan 2011
Deep CreekPalo Pinto County, TX0 BBLs190 MCFOct 2024
Dunaway W. T. Unit IIPalo Pinto County, TX0 BBLs309 MCFSep 2024
DymentPalo Pinto County, TX0 BBLs434 MCFOct 2024
GilbertParker County, TX0 BBLs0 MCFAug 2023
HillPalo Pinto County, TX0 BBLs0 MCFOct 2024
HubbardPalo Pinto County, TX0 BBLs192 MCFOct 2024
KoonceParker County, TX0 BBLs0 MCFApr 2024
MoorePalo Pinto County, TX0 BBLs154 MCFOct 2024
Murphy-Stone UnitPalo Pinto County, TX7 BBLs4,815 MCFSep 2024
Reese KaylerPalo Pinto County, TX0 BBLs374 MCFOct 2024
Tolbert Dora UnitPalo Pinto County, TX0 BBLs401 MCFOct 2024
WarrenPalo Pinto County, TX0 BBLs716 MCFOct 2024
Wilson F.W. 1Palo Pinto County, TX0 BBLs25 MCFOct 2024
ZachParker County, TX1 BBLs1,599 MCFOct 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-212969WELCH 2Aug 2024COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-097425WELCH 1Aug 2024COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
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-212969WELCH 2Apr 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-097425WELCH 1Feb 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 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-212969WELCH 2Mar 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 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-097425WELCH 1Nov 2022COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC