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

County,
OperatorOVINTIV USA INC.
Production DatesNov 2013 - Feb 2025
Total Oil Production272,649 BBLs
Total Gas Production601,909 MCF
Recent Oil Production589 BBLs in Jan 2025
Recent Gas Production1,197 MCF in Jan 2025
Wells on Property2

Our Valuation Estimates for Welch 48

ShaleAssessment™

$48,875 *

MarketMultiple™

$110,150 **

* 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 Feb 2025

Wells on Welch 48

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
Unknown,
Unknown,

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
Bell Ringer 31Martin County, TX289 BBLs3,418 MCFFeb 2025
Bessie 44Martin County, TX20,079 BBLs98,944 MCFFeb 2025
GrahamMartin County, TX602 BBLs2,028 MCFFeb 2025
HarrellMartin County, TX1,081 BBLs231 MCFFeb 2025
HowardMartin County, TX16 BBLs28 MCFFeb 2025
HullMartin County, TX41 BBLs13 MCFFeb 2025
McKenneyMartin County, TX0 BBLs0 MCFJul 2019
Moonshine 37-25Martin County, TX57,059 BBLs284,021 MCFFeb 2025
MyrickMartin County, TX447 BBLs155 MCFFeb 2025
NanceMartin County, TX890 BBLs3,254 MCFFeb 2025
Orvis 37Martin County, TX15,684 BBLs68,019 MCFFeb 2025
PowellMartin County, TX229 BBLs155 MCFFeb 2025
Roy 1Martin County, TX783 BBLs2,726 MCFFeb 2025
Sage 37-36Martin County, TX21,519 BBLs54,953 MCFFeb 2025
Soto 43-7 (AllocMartin County, TX17,198 BBLs43,190 MCFFeb 2025
Tas 37Martin County, TX1,316 BBLs9,070 MCFFeb 2025
Twiss 41Martin County, TX0 BBLs0 MCFJun 2020
Wearner 38Martin County, TX1,117 BBLs0 MCFFeb 2025
WebsterMartin County, TX183 BBLs155 MCFFeb 2025
WilsonMartin County, TX139 BBLs0 MCFFeb 2025

Companies in the Area

These are the closest 0 companies operating near the Welch 48 property.

Company Name

Owners of Welch 48

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024OVINTIV 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 48Oct 2024OVINTIV USA INC.OVINTIV USA INC.
08-44660WELCH 48Sep 2024OVINTIV USA INC.OVINTIV USA INC.
08-44660WELCH 48Sep 2024OVINTIV USA INC.OVINTIV USA INC.
08-44660WELCH 48Sep 2024OVINTIV USA INC.
08-44660WELCH 48Aug 2024OVINTIV USA INC.OVINTIV USA INC.
08-44660WELCH 48Aug 2024OVINTIV USA INC.OVINTIV USA INC.
08-44660WELCH 48Aug 2024OVINTIV USA INC.
08-44660WELCH 48Jul 2024OVINTIV USA INC.OVINTIV USA INC.
08-44660WELCH 48Jul 2024OVINTIV USA INC.OVINTIV USA INC.
08-44660WELCH 48Jul 2024OVINTIV USA INC.
08-44660WELCH 48Jun 2024OVINTIV USA INC.OVINTIV USA INC.
08-44660WELCH 48Jun 2024OVINTIV USA INC.OVINTIV USA INC.
08-44660WELCH 48Jun 2024OVINTIV USA INC.
08-44660WELCH 48May 2024OVINTIV USA INC.OVINTIV USA INC.
08-44660WELCH 48May 2024OVINTIV USA INC.OVINTIV USA INC.
08-44660WELCH 48May 2024OVINTIV USA INC.
08-44660WELCH 48Apr 2024OVINTIV USA INC.OVINTIV USA INC.
08-44660WELCH 48Apr 2024OVINTIV USA INC.OVINTIV USA INC.
08-44660WELCH 48Apr 2024OVINTIV USA INC.
08-44660WELCH 48Mar 2024OVINTIV USA INC.OVINTIV USA INC.
08-44660WELCH 48Mar 2024OVINTIV USA INC.OVINTIV USA INC.
08-44660WELCH 48Mar 2024OVINTIV USA INC.
08-44660WELCH 48Feb 2024OVINTIV USA INC.OVINTIV USA INC.
08-44660WELCH 48Feb 2024OVINTIV USA INC.OVINTIV USA INC.
08-44660WELCH 48Feb 2024OVINTIV USA INC.