Welch 1

Oil & Gas Property in Uintah County, UT

Property Summary

Key data points for Welch 1

CountyUintah County, UT
OperatorOVINTIV USA INC.
Production DatesMay 2011 - Oct 2024
Total Oil Production154,016 BBLs
Total Gas Production498,280 MCF
Recent Oil Production237 BBLs in Oct 2024
Recent Gas Production1,298 MCF in Oct 2024
Wells on Property4

Our Valuation Estimates for Welch 1

ShaleAssessment

$9,668 *

MarketMultiple

$31,789 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Welch 1 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Welch 1
from May 2011 to Oct 2024

Wells on Welch 1

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
43-047-50868Welch 13-19-4-1EOvintiv USA, Inc.Plugged & AbandonedUintah County, UT40.113883-109.933789
43-047-50869Welch 14-19-4-1EOvintiv USA, Inc.ProducingUintah County, UT40.115885-109.928160
43-047-50870Welch 15-19-4-1EOvintiv USA, Inc.ProducingUintah County, UT40.115054-109.922048
43-047-50871Welch 16-19-4-1EOvintiv USA, Inc.ProducingUintah County, UT40.115158-109.918690

Nearby Properties

These are the closest 20 properties to the Welch 1 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BalcronDuchesne County, UT0 BBLs0 MCFNov 2013
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LambUintah County, UT406 BBLs627 MCFOct 2024
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Odekirk SpringUintah County, UT445 BBLs436 MCFOct 2024
Osmond-MUintah County, UT447 BBLs1,111 MCFOct 2024
ParietteUintah County, UT0 BBLs0 MCFMar 2014
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Ute TribalUintah County, UT4,387 BBLs13,157 MCFOct 2024