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 - Nov 2024
Total Oil Production555 BBLs
Total Gas Production129,829 MCF
Recent Oil ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property2

Our Valuation Estimates for Welch

ShaleAssessment

$273 *

MarketMultiple

$66 **

* 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 Nov 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 MCFJan 2025
Canyon VIewPalo Pinto County, TX0 BBLs595 MCFJan 2025
Collins 1Palo Pinto County, TX0 BBLs60 MCFJan 2025
Crews 1Palo Pinto County, TX0 BBLs404 MCFJan 2025
CV-S 1Palo Pinto County, TX0 BBLs112 MCFJan 2025
Davidson, FPalo Pinto County, TX0 BBLs0 MCFJan 2011
Deep CreekPalo Pinto County, TX0 BBLs310 MCFJan 2025
Dunaway W. T. Unit IIPalo Pinto County, TX0 BBLs314 MCFDec 2024
DymentPalo Pinto County, TX0 BBLs418 MCFJan 2025
GilbertParker County, TX0 BBLs0 MCFAug 2023
HillPalo Pinto County, TX0 BBLs0 MCFNov 2024
HubbardPalo Pinto County, TX0 BBLs183 MCFJan 2025
JohnsonPalo Pinto County, TX0 BBLs0 MCFSep 2021
KoonceParker County, TX0 BBLs0 MCFApr 2024
Murphy-Stone UnitPalo Pinto County, TX7 BBLs4,617 MCFDec 2024
Reese KaylerPalo Pinto County, TX0 BBLs381 MCFJan 2025
Tolbert Dora UnitPalo Pinto County, TX0 BBLs473 MCFDec 2024
WarrenPalo Pinto County, TX0 BBLs867 MCFJan 2025
Wilson F.W. 1Palo Pinto County, TX0 BBLs20 MCFJan 2025
ZachParker County, TX14 BBLs1,582 MCFJan 2025

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