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 - Jun 2025
Total Oil Production344,859 BBLs
Total Gas Production893,981 MCF
Recent Oil Production737 BBLs in May 2025
Recent Gas Production789 MCF in May 2025
Wells on Property8

Our Valuation Estimates for Welch

ShaleAssessment™

$44,152 *

MarketMultiple™

$108,225 **

* 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 Jan 1993 to Jun 2025

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, TX2 BBLs0 MCFMay 2025
Branch 102Midland County, TX674 BBLs6,277 MCFJun 2025
CassidyMidland County, TX191 BBLs437 MCFJun 2025
CrespiMidland County, TX112,535 BBLs389,204 MCFJun 2025
Early 592-591 Unit 1Midland County, TX25,679 BBLs225,787 MCFJun 2025
EstesMidland County, TX0 BBLs0 MCFJul 2024
GarrettMidland County, TX130 BBLs168 MCFJun 2025
Hall-PorterMidland County, TX10,264 BBLs99,935 MCFJun 2025
JohnsonMidland County, TX53 BBLs24 MCFJun 2025
JV EstesMidland County, TX0 BBLs0 MCFJul 2024
KylaMidland County, TX1,568 BBLs5,835 MCFMay 2025
Mid-StatesMidland County, TX16,193 BBLs160,602 MCFJun 2025
MusicMidland County, TX250 BBLs152 MCFJun 2025
RebeccaMidland County, TX1,638 BBLs9,299 MCFMay 2025
RobertsonMidland County, TX598 BBLs1,727 MCFJun 2025
SarahMidland County, TX248 BBLs2,195 MCFMay 2025
Stilt EastMidland County, TX27,959 BBLs133,894 MCFJun 2025
Stilt WestMidland County, TX18,570 BBLs188,938 MCFJun 2025
TienertMidland County, TX0 BBLs0 MCFJan 2022
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
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.
Oxyrock Operating, LLC
Parker & Parsley Development Co.
Parsley Energy Operations, LLC
Permian Resources Operating, LLC
Pioneer Natural Res. USA, Inc.
Vital Energy, Inc.

Frac'ing activity on Welch

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-329-37015Welch C #3
42-329-37502Welch `C` 4
42-329-37503Welch C #5
42-329-37857Welch C #6
42-329-37965Welch C #7
42-329-37966Welch C #8

Owners of Welch

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025PIONEER NATURAL RES -WI-WELCH "C"PIONEER NAT RES

Oil & Gas Sales on Welch

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-41841WELCH "C"Apr 2025NGL CRUDE LOGISTICS, LLCPIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"Mar 2025NGL CRUDE LOGISTICS, LLCPIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"Mar 2025PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"Mar 2025PIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"Feb 2025PIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"Feb 2025NGL CRUDE LOGISTICS, LLCPIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"Feb 2025PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"Jan 2025PIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"Jan 2025PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"Jan 2025NGL CRUDE LOGISTICS, LLCPIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"Dec 2024NGL CRUDE LOGISTICS, LLCPIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"Dec 2024PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"Dec 2024PIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"Nov 2024PIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"Nov 2024PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"Nov 2024NGL CRUDE LOGISTICS, LLCPIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"Oct 2024NGL CRUDE LOGISTICS, LLCPIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"Oct 2024PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"Oct 2024PIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"Sep 2024NGL CRUDE LOGISTICS, LLCPIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"Sep 2024PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"Sep 2024PIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"Aug 2024PIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"Aug 2024PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-41841WELCH "C"Jul 2024NGL CRUDE LOGISTICS, LLCPIONEER NATURAL RESOURCES USA, INC.