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 - Nov 2024 |
| Total Oil Production | 154,200 BBLs |
| Total Gas Production | 499,498 MCF |
| Recent Oil Production | 183 BBLs in Nov 2024 |
| Recent Gas Production | 1,218 MCF in Nov 2024 |
| Wells on Property | 4 |
Our Valuation Estimates for Welch 1
ShaleAssessment™
$9,535 *
MarketMultiple™
$31,796 **
* 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 | 325 BBLs | 35 MCF | Nov 2024 |
| Deveraux Ut 1-14 4-1-1 | Uintah County, UT | 7,346 BBLs | 5,030 MCF | Nov 2024 |
| Federal | Uintah County, UT | 1,589 BBLs | 1,666 MCF | Nov 2024 |
| First Christian | Uintah County, UT | 226 BBLs | 1,022 MCF | Nov 2024 |
| Gmbu | Uintah County, UT | 9,554 BBLs | 7,093 MCF | Nov 2024 |
| Greater Mon Butte | Duchesne County, UT | 1,563 BBLs | 375 MCF | Nov 2024 |
| Hancock | Uintah County, UT | 3,083 BBLs | 10,615 MCF | Nov 2024 |
| Humpback | Uintah County, UT | 1,831 BBLs | 317 MCF | Nov 2024 |
| Lamb | Uintah County, UT | 802 BBLs | 574 MCF | Nov 2024 |
| Lamb | Duchesne County, UT | 6,416 BBLs | 10,228 MCF | Nov 2024 |
| Odekirk Spring | Uintah County, UT | 305 BBLs | 412 MCF | Nov 2024 |
| Osmond-M | Uintah County, UT | 488 BBLs | 1,030 MCF | Nov 2024 |
| Pariette | Uintah County, UT | 0 BBLs | 0 MCF | Mar 2014 |
| Rio Grande | Uintah County, UT | 873 BBLs | 1,413 MCF | Nov 2024 |
| Schwab-Stollmack | Uintah County, UT | 665 BBLs | 2,713 MCF | Nov 2024 |
| State 4-36ta-8-17 (Rig Skid) | Uintah County, UT | 0 BBLs | 6,767 MCF | Nov 2024 |
| Ute 1 | Uintah County, UT | 4,415 BBLs | 9,919 MCF | Nov 2024 |
| Ute 2 | Uintah County, UT | 4,063 BBLs | 5,498 MCF | Nov 2024 |
| Ute Tribal | Uintah County, UT | 4,433 BBLs | 13,147 MCF | Nov 2024 |
These are the closest 20 companies operating near the Welch 1 property.