Welch 48

Oil & Gas Property in Martin County, TX

  2. Texas
  3. Martin County, TX
  4. Oil & Gas Properties in Martin County, TX
  5. Welch 48 Oil & Gas Property

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Property Summary

Key data points for Welch 48

CountyMartin County, TX
OperatorOVINTIV USA INC.
Production DatesNov 2013 - Aug 2026
Total Oil Production279,907 BBLs
Total Gas Production618,156 MCF
Recent Oil Production495 BBLs in Jul 2026
Recent Gas Production1,874 MCF in Jul 2026
Wells on Property2

Our Valuation Estimates for Welch 48

ShaleAssessment™

$38,870 *

MarketMultiple™

$27,069 **

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

Based on a decimal interest

Welch 48 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Welch 48
from Nov 2013 to Aug 2026

Wells on Welch 48

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-317-38849WELCH 48 1OVINTIV USA INC.ProducingMartin County, TX32.160162-101.886345
42-317-39772WELCH 48 2OVINTIV USA INC.ProducingMartin County, TX32.164684-101.887798

Leases included in Welch 48

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-44660WELCH 48OVINTIV USA INC.Martin County, TX

Nearby Properties

These are the closest 20 properties to the Welch 48 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Bessie 44Martin County, TX12,939 BBLs83,055 MCFAug 2026
GrahamMartin County, TX463 BBLs437 MCFAug 2026
HarrellMartin County, TX17 BBLs15 MCFAug 2026
HowardMartin County, TX43 BBLs13 MCFAug 2026
HullMartin County, TX94 BBLs693 MCFAug 2026
McKenneyMartin County, TX0 BBLs0 MCFJul 2019
Moonshine 37-25Martin County, TX35,108 BBLs262,885 MCFAug 2026
MyrickMartin County, TX0 BBLs0 MCFDec 2025
Orvis 37Martin County, TX5,283 BBLs44,094 MCFAug 2026
PowellMartin County, TX120 BBLs0 MCFAug 2026
Redington 43-18Martin County, TX161,671 BBLs433,478 MCFAug 2026
Ross 48-1Martin County, TX56,478 BBLs145,716 MCFAug 2026
Roy 1Martin County, TX395 BBLs1,352 MCFAug 2026
Sage 37-36Martin County, TX9,753 BBLs1,112 MCFAug 2026
Soto 43-7 (AllocMartin County, TX13,549 BBLs21,115 MCFAug 2026
Suncloud 48-1Martin County, TX60,761 BBLs144,507 MCFAug 2026
Tas 37Martin County, TX0 BBLs0 MCFMay 2026
Twiss 41Martin County, TX0 BBLs0 MCFJun 2020
Wearner 38Martin County, TX0 BBLs0 MCFMay 2026
WebsterMartin County, TX0 BBLs0 MCFJul 2025

Companies in the Area

These are the closest 20 companies operating near the Welch 48 property.

Company Name
Alta Energy Corporation
Arya Resources, LLC
Beach Exploration, Inc.
Breitburn Operating LP
Crownquest Operating, LLC
Cutbow Operating, LLC
Diamondback E&P LLC
Endeavor Energy Resources, LP
Huntington Energy LLC
L.C.S. Production Company
Merit Energy Company
New Height Energy, LLC
Odessa Exploration, Inc.
Petroplex Energy Inc.
Pioneer Natural Res. USA, Inc.
Pogo Panhandle 2004, L.P.
Reliance Energy, Inc.
Rittenhouse Oil & Gas Co.
Santa Fe Energy Resources, Inc.
Stephens, Autry C.

Frac'ing activity on Welch 48

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-317-38849Welch 48#1
42-317-39772Welch 48-2

Owners of Welch 48

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2026OVINTIV USA INCWELCH 48OVINTIV USA INC

Oil & Gas Sales on Welch 48

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-44660WELCH 48Jun 2026OVINTIV USA INC.OVINTIV USA INC.
08-44660WELCH 48May 2026OVINTIV USA INC.OVINTIV USA INC.
08-44660WELCH 48May 2026OVINTIV USA INC.
08-44660WELCH 48Nov 2025OVINTIV USA INC.OVINTIV USA INC.
08-44660WELCH 48Sep 2025OVINTIV USA INC.OVINTIV USA INC.
08-44660WELCH 48Sep 2025OVINTIV USA INC.
08-44660WELCH 48Aug 2025OVINTIV USA INC.OVINTIV USA INC.
08-44660WELCH 48Aug 2025OVINTIV USA INC.
08-44660WELCH 48Jul 2025OVINTIV USA INC.OVINTIV USA INC.
08-44660WELCH 48Jul 2025OVINTIV USA INC.
08-44660WELCH 48Jun 2025OVINTIV USA INC.OVINTIV USA INC.
08-44660WELCH 48Jun 2025OVINTIV USA INC.OVINTIV USA INC.
08-44660WELCH 48Jun 2025OVINTIV USA INC.
08-44660WELCH 48May 2025OVINTIV USA INC.OVINTIV USA INC.
08-44660WELCH 48May 2025OVINTIV USA INC.OVINTIV USA INC.
08-44660WELCH 48May 2025OVINTIV USA INC.
08-44660WELCH 48Apr 2025OVINTIV USA INC.OVINTIV USA INC.
08-44660WELCH 48Apr 2025OVINTIV USA INC.OVINTIV USA INC.
08-44660WELCH 48Apr 2025OVINTIV USA INC.
08-44660WELCH 48Mar 2025OVINTIV USA INC.OVINTIV USA INC.
08-44660WELCH 48Mar 2025OVINTIV USA INC.OVINTIV USA INC.
08-44660WELCH 48Mar 2025OVINTIV USA INC.
08-44660WELCH 48Feb 2025OVINTIV USA INC.OVINTIV USA INC.
08-44660WELCH 48Feb 2025OVINTIV USA INC.OVINTIV USA INC.
08-44660WELCH 48Feb 2025OVINTIV USA INC.