Welch

Oil & Gas Property in Palo Pinto County, TX

Property Summary

Key data points for Welch

CountyPalo Pinto County, TX
OperatorJ-TEC OPERATING, LLC
Production DatesJan 1993 - Feb 2025
Total Oil Production555 BBLs
Total Gas Production129,827 MCF
Recent Oil ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property2

Our Valuation Estimates for Welch

ShaleAssessment

$261 *

MarketMultiple

$89 **

* 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 Feb 2025

Wells on Welch

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-363-32751WELCH 1J-TEC OPERATING, LLCProducingPalo Pinto County, TX32.783246-98.102069
42-363-35409WELCH 2J-TEC OPERATING, LLCProducingPalo Pinto County, TX32.783694-98.107471

Leases included in Welch

Lease #Lease NameOperatorCounty
7B-097425WELCH 1J-TEC OPERATING, LLCPalo Pinto County, TX
7B-212969WELCH 2J-TEC OPERATING, LLCPalo Pinto County, TX

Nearby Properties

These are the closest 20 properties to the Welch property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AirportParker County, TX0 BBLs512 MCFApr 2025
Canyon VIewPalo Pinto County, TX0 BBLs338 MCFApr 2025
Collins 1Palo Pinto County, TX0 BBLs82 MCFApr 2025
Crews 1Palo Pinto County, TX0 BBLs622 MCFMar 2025
CV-S 1Palo Pinto County, TX0 BBLs63 MCFMar 2025
Davidson, FPalo Pinto County, TX0 BBLs0 MCFJan 2011
Deep CreekPalo Pinto County, TX0 BBLs176 MCFApr 2025
Dunaway W. T. Unit IIPalo Pinto County, TX0 BBLs336 MCFApr 2025
DymentPalo Pinto County, TX0 BBLs538 MCFApr 2025
GilbertParker County, TX0 BBLs0 MCFAug 2023
HillPalo Pinto County, TX0 BBLs0 MCFFeb 2025
HubbardPalo Pinto County, TX0 BBLs193 MCFApr 2025
JohnsonPalo Pinto County, TX0 BBLs102 MCFApr 2025
KoonceParker County, TX0 BBLs0 MCFApr 2024
Murphy-Stone UnitPalo Pinto County, TX25 BBLs4,252 MCFApr 2025
Reese KaylerPalo Pinto County, TX0 BBLs348 MCFApr 2025
Tolbert Dora UnitPalo Pinto County, TX0 BBLs386 MCFApr 2025
WarrenPalo Pinto County, TX0 BBLs856 MCFApr 2025
Wilson F.W. 1Palo Pinto County, TX0 BBLs20 MCFApr 2025
ZachParker County, TX8 BBLs1,538 MCFApr 2025

Owners of Welch

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024J-TEC OPERATING LLCWELCH W#1J-TEC OPERATIN
2024J-TEC OPERATING LLCWELCH #2J-TEC OPERATIN
2024PEBA OIL & GAS INCWELCH #2J-TEC OPERATIN

Oil & Gas Sales on Welch

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
7B-212969WELCH 2Feb 2025COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-097425WELCH 1Feb 2025COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-097425WELCH 1Nov 2024COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-212969WELCH 2Nov 2024COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-212969WELCH 2Oct 2024COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-097425WELCH 1Oct 2024COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-212969WELCH 2Aug 2024COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-097425WELCH 1Aug 2024COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-097425WELCH 1Jun 2024COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-212969WELCH 2Jun 2024COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-212969WELCH 2May 2024COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-097425WELCH 1May 2024COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-212969WELCH 2Apr 2024COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-097425WELCH 1Apr 2024COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-097425WELCH 1Feb 2024COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-212969WELCH 2Feb 2024COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-097425WELCH 1Dec 2023COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-097425WELCH 1Nov 2023COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-212969WELCH 2Oct 2023COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-097425WELCH 1Oct 2023COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-212969WELCH 2Jul 2023COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-097425WELCH 1Jul 2023COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-212969WELCH 2Jun 2023COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-097425WELCH 1Jun 2023COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-212969WELCH 2Mar 2023COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC