Welch

Oil & Gas Property in Eddy County, NM

Property Summary

Key data points for Welch

CountyEddy County, NM
Production DatesJul 1998 - Feb 2024
Total Oil Production8,561 BBLs
Total Gas Production24 MCF
Recent Oil Production10 BBLs in Jan 2024
Recent Gas Production0 MCF in Jan 2024
Wells on Property4

Our Valuation Estimates for Welch

ShaleAssessment

$736 *

MarketMultiple

$719 **

* 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 Jul 1998 to Feb 2024

Wells on Welch

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-015-01597WELCH 012KERSEY & COMPANYPlugged, Site ReleasedEddy County, NM32.811535-104.188210
30-015-02311WELCH STATE 018SAMUEL DALE HUGHES DBA HUGHES DRILLING CO.ActiveEddy County, NM32.815342-104.177925
30-015-25703WELCH STATE 001M&M OIL, LLCActiveEddy County, NM32.802826-104.177872
30-015-32951WELCH STATE 001RED LAKE OIL COPlugged, Site ReleasedEddy County, NM32.826313-104.171082

Leases included in Welch

Lease #Lease NameOperatorCountyMonthly Oil Prod.
25293WELCH STATESAMUEL DALE HUGHES DBA HUGHES DRILLING CO.Eddy County, NM
331674WELCH STATEM&M OIL, LLCEddy County, NM
5602WELCHKERSEY & COMPANYEddy County, NM
9582WELCH STATERED LAKE OIL COEddy County, NM

Nearby Properties

These are the closest 20 properties to the Welch property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Artesia Yeso Federal UnitEddy County, NM1,867 BBLs4,299 MCFFeb 2024
Collier StateEddy County, NM40 BBLs497 MCFJan 2024
Elvis State Com 29aEddy County, NM22,690 BBLs52,627 MCFJan 2024
Gillespie StateEddy County, NM0 BBLs328 MCFJan 2024
Kersey Williams A FederalEddy County, NM184 BBLs1,108 MCFFeb 2024
Mayaro 22 StateEddy County, NM2,073 BBLs11,904 MCFJan 2024
Oxy The BugEddy County, NM0 BBLs225 MCFJan 2024
Pan Am StateEddy County, NM35 BBLs0 MCFJan 2024
Piglet 21 StateEddy County, NM353 BBLs772 MCFFeb 2024
Pure FederalEddy County, NM329 BBLs1,503 MCFFeb 2024
Red Lake SEddy County, NM530 BBLs0 MCFJan 2024
Roo 22 StateEddy County, NM271 BBLs5,498 MCFFeb 2024
Santana State Com 20 CDEddy County, NM21,876 BBLs57,203 MCFJan 2024
SedonaEddy County, NM93 BBLs730 MCFFeb 2024
StateEddy County, NM0 BBLs3,274 MCFFeb 2024
Tigner StateEddy County, NM837 BBLs5,636 MCFFeb 2024
Welch A 28 State ComEddy County, NM6,823 BBLs23,949 MCFJan 2024
Welch RLEddy County, NM854 BBLs8,224 MCFFeb 2024
WylieEddy County, NM249 BBLs1,083 MCFFeb 2024
ZaitEddy County, NM0 BBLs0 MCFJun 2022