Welch

Oil & Gas Property in Martin County, TX

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

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Property Summary

Key data points for Welch

CountyMartin County, TX
Production DatesJan 1993 - Jan 2024
Total Oil Production130,080 BBLs
Total Gas Production174,919 MCF
Recent Oil Production645 BBLs in Dec 2023
Recent Gas Production13 MCF in Dec 2023
Wells on Property5

Our Valuation Estimates for Welch

ShaleAssessment™

$2,169 *

MarketMultiple™

$87,546 **

* 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
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for Welch
from Jan 1993 to Jan 2024

Wells on Welch

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-317-31226WELCH 2PARKER & PARSLEY DEVELOPMENT L.PPlugged Oil WellMartin County, TX32.300162-102.041292
42-317-33078WELCH 3HCW EXPLORATION, INC.Plugged Oil WellMartin County, TX32.300248-102.048252
42-317-33375WELCH "A" 1PARKER & PARSLEY PETROLEUM CO.Plugged Oil WellMartin County, TX32.298368-102.041665
42-317-33468WELCH -E- 1DIAMONDBACK E&P LLCProducingMartin County, TX32.295453-102.051193
42-317-33846WELCH F 1DIAMONDBACK E&P LLCProducingMartin County, TX32.301669-102.043945

Leases included in Welch

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-23181WELCHPARKER & PARSLEY DEVELOPMENT L.PMartin County, TX
08-30919WELCH "A"PARKER & PARSLEY DEVELOPMENT CO.Martin County, TX
08-31488WELCH -E-DIAMONDBACK E&P LLCMartin County, TX
08-33172WELCH "F"DIAMONDBACK E&P LLCMartin County, TX

Operators Associated With Welch

Nearby Properties

These are the closest 20 properties to the Welch property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AlicoMartin County, TX0 BBLs0 MCFJul 2023
AlldaleMartin County, TX58,996 BBLs110,174 MCFJan 2024
ClonaMartin County, TX417 BBLs813 MCFJan 2024
CoffieldMartin County, TX0 BBLs0 MCFJul 2023
DR OrsonMartin County, TX30,258 BBLs109,711 MCFJan 2024
Fearless 136-137 AMartin County, TX3,756 BBLs7,422 MCFJan 2024
FullerMartin County, TX207 BBLs22 MCFJan 2024
Glaze J. LMartin County, TX486 BBLs239 MCFJan 2024
GreathouseMartin County, TX6 BBLs0 MCFJan 2024
MadisonMartin County, TX1,096 BBLs1,340 MCFJan 2024
MaysMartin County, TX840 BBLs1,731 MCFJan 2024
McBrendaMartin County, TX417 BBLs157 MCFJan 2024
McMorriesMartin County, TX814 BBLs798 MCFJan 2024
Orson-Billy 139Martin County, TX76,299 BBLs143,038 MCFJan 2024
Paper Rings 136-137 AMartin County, TX3,744 BBLs3,049 MCFJan 2024
PierMartin County, TX29,586 BBLs68,212 MCFJan 2024
Son 136Martin County, TX431 BBLs1,237 MCFJan 2024
TateMartin County, TX1,360 BBLs1,759 MCFJan 2024
WetselMartin County, TX383 BBLs118 MCFJan 2024
York-Law 139Martin County, TX140,943 BBLs239,402 MCFJan 2024

Companies in the Area

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

Company Name
Carlow Corp.
Civitas Permian Operating, LLC
Cox, John L.
Crownquest Operating, LLC
Diamondback E&P LLC
Endeavor Energy Resources, LP
Energen Resources Corporation
Extex Operating Company
Hanley Petroleum Inc.
Henry Petroleum Corp.
Legacy Reserves Operating LP
Meadco Properties
Merit Energy Company
MGF Oil Corporation
Parker & Parsley Development Co.
Parker & Parsley Development L.P
Pioneer Natural Res. USA, Inc.
R K Petroleum Corp.
Reatta Energy, Inc.
Stephens, Autry C.

Owners of Welch

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023DIAMONDBACK E&P LLCWELCH "F"DIAMONDBACK
2023DIAMONDBACK E&P LLCWELCH "E"DIAMONDBACK
2023NOBLE ROYALTIES INCWELCH "F"DIAMONDBACK
2023MOBIL PRODUCING TEXAS & NMWELCH "F"DIAMONDBACK
2023NOBLE ROYALTIES INCWELCH "E"DIAMONDBACK
2023MOBIL PRODUCING TEXAS & NMWELCH "E"DIAMONDBACK
2023LITTLE EYES LPWELCH "F"DIAMONDBACK
2023LAFORCE FAMILY LPWELCH "F"DIAMONDBACK
Displaying 8 of 78 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Welch

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-31488WELCH -E-Nov 2023BRAZOS MIDSTREAM OPERATING, LLCDIAMONDBACK E&P LLC
08-31488WELCH -E-Nov 2023DIAMONDBACK E&P LLC
08-31488WELCH -E-Nov 2023PLAINS MARKETING, L.P.DIAMONDBACK E&P LLC
08-33172WELCH "F"Nov 2023PLAINS MARKETING, L.P.DIAMONDBACK E&P LLC
08-31488WELCH -E-Oct 2023BRAZOS MIDSTREAM OPERATING, LLCDIAMONDBACK E&P LLC
08-31488WELCH -E-Oct 2023DIAMONDBACK E&P LLC
08-31488WELCH -E-Oct 2023PLAINS MARKETING, L.P.DIAMONDBACK E&P LLC
08-33172WELCH "F"Oct 2023PLAINS MARKETING, L.P.DIAMONDBACK E&P LLC
08-31488WELCH -E-Sep 2023BRAZOS MIDSTREAM OPERATING, LLCDIAMONDBACK E&P LLC
08-31488WELCH -E-Sep 2023DIAMONDBACK E&P LLC
08-33172WELCH "F"Sep 2023PLAINS MARKETING, L.P.DIAMONDBACK E&P LLC
08-31488WELCH -E-Aug 2023BRAZOS MIDSTREAM OPERATING, LLCDIAMONDBACK E&P LLC
08-31488WELCH -E-Aug 2023DIAMONDBACK E&P LLC
08-31488WELCH -E-Aug 2023PLAINS MARKETING, L.P.DIAMONDBACK E&P LLC
08-33172WELCH "F"Aug 2023PLAINS MARKETING, L.P.DIAMONDBACK E&P LLC
08-31488WELCH -E-Jul 2023BRAZOS MIDSTREAM OPERATING, LLCDIAMONDBACK E&P LLC
08-31488WELCH -E-Jul 2023DIAMONDBACK E&P LLC
08-31488WELCH -E-Jul 2023PLAINS MARKETING, L.P.DIAMONDBACK E&P LLC
08-33172WELCH "F"Jul 2023PLAINS MARKETING, L.P.DIAMONDBACK E&P LLC
08-33172WELCH "F"Jun 2023BRAZOS MIDSTREAM OPERATING, LLCDIAMONDBACK E&P LLC
08-33172WELCH "F"Jun 2023DIAMONDBACK E&P LLC
08-33172WELCH "F"Jun 2023PLAINS MARKETING, L.P.DIAMONDBACK E&P LLC
08-33172WELCH "F"May 2023BRAZOS MIDSTREAM OPERATING, LLCDIAMONDBACK E&P LLC
08-33172WELCH "F"May 2023DIAMONDBACK E&P LLC
08-33172WELCH "F"May 2023PLAINS MARKETING, L.P.DIAMONDBACK E&P LLC