Welch

Oil & Gas Property in Midland County, TX

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

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Property Summary

Key data points for Welch

CountyMidland County, TX
Production DatesJan 1993 - Jan 2024
Total Oil Production328,512 BBLs
Total Gas Production868,343 MCF
Recent Oil Production1,551 BBLs in Dec 2023
Recent Gas Production2,353 MCF in Dec 2023
Wells on Property8

Our Valuation Estimates for Welch

ShaleAssessment™

$62,732 *

MarketMultiple™

$185,465 **

* 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
42-329-31965WELCH "D" 1PARKER & PARSLEY PETROLEUM CO.Permitted LocationMidland County, TX31.943945-101.969461
42-329-32210WELCH UNIT 1GREAT WESTERN DRILLING COMPANYPlugged Oil WellMidland County, TX31.945782-101.972422
42-329-37015WELCH C 3PIONEER NATURAL RES. USA, INC.ProducingMidland County, TX31.942464-101.978634
42-329-37502WELCH 'C' 4PIONEER NATURAL RES. USA, INC.Plugged Oil WellMidland County, TX31.943592-101.973888
42-329-37503WELCH C 5PIONEER NATURAL RES. USA, INC.ProducingMidland County, TX31.944370-101.968666
42-329-37857WELCH C 6PIONEER NATURAL RES. USA, INC.ProducingMidland County, TX31.947198-101.970339
42-329-37965WELCH C 7PIONEER NATURAL RES. USA, INC.ProducingMidland County, TX31.942115-101.968304
42-329-37966WELCH C 8PIONEER NATURAL RES. USA, INC.ProducingMidland County, TX31.946471-101.976574

Leases included in Welch

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-23003WELCH -C-PARKER & PARSLEY PETROLEUM CO.Midland County, TX
08-23558WELCH "B"COX, JOHN L.Midland County, TX
08-32904WELCH UNITGREAT WESTERN DRILLING COMPANYMidland County, TX
08-33736WELCH UNITBOYD & MCWILLIAMS ENERGY GROUPMidland County, TX
08-41841WELCH "C"PIONEER NATURAL RES. USA, INC.Midland 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
BennersMidland County, TX0 BBLs0 MCFMar 2023
Branch 102Midland County, TX1,132 BBLs5,927 MCFJan 2024
CassidyMidland County, TX742 BBLs936 MCFJan 2024
CrespiMidland County, TX1,697 BBLs2,983 MCFJan 2024
Early 592-591 Unit 1Midland County, TX44,966 BBLs257,773 MCFJan 2024
EstesMidland County, TX343 BBLs474 MCFJan 2024
GarrettMidland County, TX141 BBLs219 MCFJan 2024
Hall-PorterMidland County, TX16,804 BBLs143,056 MCFJan 2024
JohnsonMidland County, TX321 BBLs708 MCFJan 2024
JV EstesMidland County, TX81 BBLs14 MCFJan 2024
KylaMidland County, TX3,461 BBLs4,394 MCFDec 2023
Mid-StatesMidland County, TX28,059 BBLs93,906 MCFJan 2024
MusicMidland County, TX1,365 BBLs1,555 MCFJan 2024
Rebecca SLMidland County, TX2,487 BBLs18,455 MCFDec 2023
RobertsonMidland County, TX642 BBLs1,348 MCFJan 2024
SarahMidland County, TX307 BBLs2,446 MCFDec 2023
Stilt EastMidland County, TX49,007 BBLs312,991 MCFJan 2024
Stilt WestMidland County, TX35,141 BBLs232,378 MCFJan 2024
SynatschkMidland County, TX821 BBLs1,007 MCFJan 2024
Wigley 37Midland County, TX0 BBLs0 MCFMay 2023

Companies in the Area

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

Company Name
Baxter, Murphy H.
Brock Oil & Gas Corporation
Cox, John L.
Devon Energy Corp (Nevada)
Diamondback E&P LLC
Earthstone Operating, LLC
Endeavor Energy Resources, LP
Energen Resources Corporation
EOG Resources Inc
Gould Energy Co.
Henry Petroleum Corp.
Henry Resources LLC
Mid-States Operating Company
Mulloy Operating, Inc.
O'Neill Properties, LTD.
Parker & Parsley Development Co.
Parsley Energy Operations, LLC
Pioneer Natural Res. USA, Inc.
Robertson Resources, Inc.
Vital Energy, Inc.

Owners of Welch

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023PIONEER NATURAL RES -WI-WELCH "C"PIONEER NAT RES
2023WELCH JOHN WESLEYWELCH "C"PIONEER NAT RES
2023WELCH CHARLES JUSTIN SSPWELCH "C"PIONEER NAT RES
2023WELCH CHARLES OWELCH "C"PIONEER NAT RES
2023WELCH-DEVINE MEREDITH LWELCH "C"PIONEER NAT RES
2023WELCH-MCCULLOCH SUSAN AWELCH "C"PIONEER NAT RES
2023WELCH WILLIAM TAYLORWELCH "C"PIONEER NAT RES
2023MEDLIN JESSICA WELCHWELCH "C"PIONEER NAT RES
Displaying 8 of 30 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
08-41841WELCH "C"Nov 2023NGL CRUDE LOGISTICS, LLCPIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"Nov 2023PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"Nov 2023PIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"Oct 2023PIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"Oct 2023PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"Oct 2023NGL CRUDE LOGISTICS, LLCPIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"Sep 2023NGL CRUDE LOGISTICS, LLCPIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"Sep 2023PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"Sep 2023PIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"Aug 2023PIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"Aug 2023NGL CRUDE LOGISTICS, LLCPIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"Aug 2023PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"Jul 2023PIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"Jul 2023PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"Jul 2023NGL CRUDE LOGISTICS, LLCPIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"Jun 2023NGL CRUDE LOGISTICS, LLCPIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"Jun 2023PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"Jun 2023PIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"May 2023NGL CRUDE LOGISTICS, LLCPIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"May 2023PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"May 2023PIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"Apr 2023PIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"Apr 2023NGL CRUDE LOGISTICS, LLCPIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"Apr 2023PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"Mar 2023NGL CRUDE LOGISTICS, LLCPIONEER NATURAL RESOURCES USA, INC.