Oil & Gas Property in Uintah County, UT
Key data points for Welch 1
| County | Uintah County, UT |
|---|---|
| Operator | OVINTIV USA INC. |
| Production Dates | May 2011 - Aug 2024 |
| Total Oil Production | 153,582 BBLs |
| Total Gas Production | 495,765 MCF |
| Recent Oil Production | 196 BBLs in Aug 2024 |
| Recent Gas Production | 1,235 MCF in Aug 2024 |
| Wells on Property | 4 |
Our Valuation Estimates for Welch 1
ShaleAssessment™
$9,927 *
MarketMultiple™
$32,383 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 20 properties to the Welch 1 property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Balcron | Duchesne County, UT | 0 BBLs | 0 MCF | Nov 2013 |
| Canvasback | Duchesne County, UT | 415 BBLs | 0 MCF | Aug 2024 |
| Deveraux Ut 1-14 4-1-1 | Uintah County, UT | 9,102 BBLs | 6,145 MCF | Aug 2024 |
| Federal | Uintah County, UT | 2,220 BBLs | 2,221 MCF | Aug 2024 |
| First Christian | Uintah County, UT | 100 BBLs | 1,044 MCF | Aug 2024 |
| Gmbu | Uintah County, UT | 10,876 BBLs | 7,702 MCF | Aug 2024 |
| Greater Mon Butte | Duchesne County, UT | 1,626 BBLs | 621 MCF | Aug 2024 |
| Hancock | Uintah County, UT | 3,661 BBLs | 11,505 MCF | Aug 2024 |
| Humpback | Uintah County, UT | 2,121 BBLs | 283 MCF | Aug 2024 |
| Lamb | Uintah County, UT | 385 BBLs | 441 MCF | Aug 2024 |
| Lamb | Duchesne County, UT | 8,449 BBLs | 16,406 MCF | Aug 2024 |
| Odekirk Spring | Uintah County, UT | 446 BBLs | 470 MCF | Aug 2024 |
| Osmond-M | Uintah County, UT | 468 BBLs | 1,053 MCF | Aug 2024 |
| Pariette | Uintah County, UT | 0 BBLs | 0 MCF | Mar 2014 |
| Rio Grande | Uintah County, UT | 788 BBLs | 1,596 MCF | Aug 2024 |
| Schwab-Stollmack | Uintah County, UT | 667 BBLs | 2,776 MCF | Aug 2024 |
| Sundance | Duchesne County, UT | 2,114 BBLs | 1,001 MCF | Aug 2024 |
| Ute 1 | Uintah County, UT | 4,278 BBLs | 20,377 MCF | Aug 2024 |
| Ute 2 | Uintah County, UT | 4,623 BBLs | 13,972 MCF | Aug 2024 |
| Ute Tribal | Uintah County, UT | 4,228 BBLs | 14,668 MCF | Aug 2024 |
These are the closest 20 companies operating near the Welch 1 property.