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 - Oct 2023
Total Oil Production555 BBLs
Total Gas Production128,884 MCF
Recent Oil ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property2

Our Valuation Estimates for Welch

ShaleAssessment

$387 *

MarketMultiple

$91 **

* 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 Oct 2023

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 BBLs606 MCFJan 2024
Canyon VIewPalo Pinto County, TX0 BBLs470 MCFJan 2024
Collins 1Palo Pinto County, TX0 BBLs68 MCFJan 2024
Crews 1Palo Pinto County, TX0 BBLs713 MCFJan 2024
CV-S 1Palo Pinto County, TX0 BBLs71 MCFJan 2024
Deep CreekPalo Pinto County, TX0 BBLs255 MCFJan 2024
Dunaway W. T. Unit IIPalo Pinto County, TX0 BBLs0 MCFNov 2023
DymentPalo Pinto County, TX0 BBLs643 MCFJan 2024
GilbertParker County, TX0 BBLs0 MCFAug 2023
HillPalo Pinto County, TX0 BBLs0 MCFOct 2023
HubbardPalo Pinto County, TX0 BBLs185 MCFJan 2024
KesslerPalo Pinto County, TX0 BBLs0 MCFOct 2022
KoonceParker County, TX0 BBLs0 MCFApr 2022
MoorePalo Pinto County, TX0 BBLs133 MCFJan 2024
Murphy-Stone UnitPalo Pinto County, TX0 BBLs0 MCFNov 2023
Reese KaylerPalo Pinto County, TX0 BBLs0 MCFJan 2024
Tolbert Dora UnitPalo Pinto County, TX3 BBLs355 MCFJan 2024
WarrenPalo Pinto County, TX0 BBLs899 MCFJan 2024
Wilson F.W. 1Palo Pinto County, TX0 BBLs0 MCFJan 2021
ZachParker County, TX10 BBLs1,596 MCFJan 2024

Owners of Welch

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023J-TEC OPERATING LLCWELCH W#1J-TEC OPERATIN
2023J-TEC OPERATING LLCWELCH #2J-TEC OPERATIN
2023PEBA 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-097425WELCH 1Nov 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 2Oct 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
7B-097425WELCH 1Mar 2023COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-097425WELCH 1Feb 2023COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-212969WELCH 2Feb 2023COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-097425WELCH 1Jan 2023COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-212969WELCH 2Jan 2023COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-097425WELCH 1Nov 2022COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-212969WELCH 2Nov 2022COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-212969WELCH 2Oct 2022COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-097425WELCH 1Oct 2022COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-097425WELCH 1Sep 2022COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-212969WELCH 2Sep 2022COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-097425WELCH 1Aug 2022COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-212969WELCH 2Aug 2022COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-097425WELCH 1Jul 2022COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-212969WELCH 2Jul 2022COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-212969WELCH 2Jun 2022COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC
7B-097425WELCH 1Jun 2022COLT G & P (NORTH TEXAS) L.P.JW OIL & GAS SERVICES, LLC