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Texas oil lease

Producing

WELCH "12"

Welch "12" is an oil lease in Upton County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

4 wells

785bbl oil, last 12 months+51% vs prior year
RRC lease
7C-15517

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Where it sits

This county

Upton CountyUptonMidlandCraneGlasscockReaganEctorUpton County
Upton County
Gas, last 12 months
596 mcf
Oil in Jul 2026
66 bbl

Production by month

Oil output rose 51% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 51% over the last 12 monthsMonthly oil production and gas for WELCH "12", Aug 2023 to Jul 2026. Oil output rose 51% over the last 12 months. 785 bbl in the 12 months through Jul 2026, against 520 bbl in the 12 months before.Last 12 months: 785 bblbbl per monthmcf per month002050401006015080200100250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 51% over the last 12 monthsMonthly oil production and gas for WELCH "12", Aug 2023 to Jul 2026. Oil output rose 51% over the last 12 months. 785 bbl in the 12 months through Jul 2026, against 520 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002050401006015080200100250Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Nov 2024 the lease's gas goes to a transmission line instead of a processing plant

  • Processing plant (3)
  • Transmission line (2)
Since Nov 2024 the lease's gas goes to a transmission line instead of a processing plantShare of WELCH "12" gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2024 the lease's gas goes to a transmission line instead of a processing plant.Share of the lease’s gas by disposition code, per month0%50%100%Nov 2024: plant to lineOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Nov 2024 the lease's gas goes to a transmission line instead of a processing plantShare of WELCH "12" gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2024 the lease's gas goes to a transmission line instead of a processing plant.Share of gas by disposition code0%50%100%Nov 24: plant to lineJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Who has run this lease

The operator changed once, most recently in Jan 2025

Operators of this lease over timeEndeavor Energy Resources L.P., Jan 2020 to Dec 2024; Diamondback E&P LLC, Jan 2025 to Jul 20262020202120222023202420252026Changed Jan 2025Endeavor Energy Resources L.P.Jan 2020 to Dec 2024Diamondback E&P LLCJan 2025 to now
Operators of this lease over timeEndeavor Energy Resources L.P., Jan 2020 to Dec 2024; Diamondback E&P LLC, Jan 2025 to Jul 20262020202120222023202420252026Changed Jan 2025Endeavor Energy Resources L.P.Jan 2020 to Dec 2024Diamondback E&P LLCJan 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

4 wells on this lease

Wells on WELCH "12"
API numberWell no.Status
42-461-008431Active
42-461-008442Active
42-461-008475Active
42-461-008486Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Enterprise Crude Oil LLCOilGathers100Apr 1, 2025–
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Aug 1, 2017–
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Aug 1, 2017–
Oasis Transp & Marketing Corp.OilGathers100Mar 1, 2004Apr 1, 2025

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

320 acres on the newest permit

Permits for Welch "12"
API numberWell no.Acreson the permit
42-461-008442320
42-461-008486320
42-461-008475320
42-461-008431320

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

What Diamondback Energy, Inc. told investors it received

Diamondback E&P LLC is linked to Diamondback Energy, Inc. (FANG).
Realized prices reported by Diamondback Energy, Inc.
QuarterOil$ per bblFiling
Q2 2026$96.82SEC filing
Q1 2026$73.47SEC filing
Q4 2025$58.00SEC filing
Q3 2025$64.60SEC filing
Q2 2025$63.23SEC filing
Q1 2025$70.95SEC filing

SourceDiamondback Energy, Inc. quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for WELCH "12"
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Diamondback E&P66156000$80.46$2.89
Jun 2026Diamondback E&P690000$84.81$3.15
May 2026Diamondback E&P64126000$102.13$2.94
Apr 2026Diamondback E&P68082820$100.32$2.77
Mar 2026Diamondback E&P891241291290$91.38$3.04
Feb 2026Diamondback E&P7541871870$64.51$3.62
Jan 2026Diamondback E&P5312342420$60.04$7.72
Dec 2025Diamondback E&P49046460$57.97$4.26
Nov 2025Diamondback E&P7314124240$60.06$3.79
Oct 2025Diamondback E&P482000$60.89$3.19
Sep 2025Diamondback E&P71122000$63.96$2.97
Aug 2025Diamondback E&P60086860$64.86$2.91
Jul 2025Diamondback E&P68851301300$68.39$3.20
Jun 2025Diamondback E&P3821261260$68.17$3.02
May 2025Diamondback E&P651171221220$62.17$3.12
Apr 2025Diamondback E&P78260600$63.54$3.42
Mar 2025Diamondback E&P417864640$68.24$4.12
Feb 2025Diamondback E&P412880$71.53$4.19
Jan 2025Diamondback E&P35099990$75.74$4.13
Dec 2024Endeavor Energy53971411410$70.12$3.01
Nov 2024Endeavor Energy1701191190$69.95$2.12
Oct 2024Endeavor Energy29951841840$71.99$2.20
Sep 2024Endeavor Energy27051510$70.24$2.28
Aug 2024Endeavor Energy28139770$76.68$1.99
Jul 2024Endeavor Energy4014140$81.80$2.07
Jun 2024Endeavor Energy99259590$79.77$2.54
May 2024Endeavor Energy847916160$80.02$2.12
Apr 2024Endeavor Energy342000$85.35$1.60
Mar 2024Endeavor Energy100000$81.28$1.49
Feb 2024Endeavor Energy89912052050$77.25$1.72
Jan 2024Endeavor Energy3411721720$74.15$3.18
Dec 2023Endeavor Energy34961811810$71.90$2.52
Nov 2023Endeavor Energy57107000$77.69$2.71
Oct 2023Endeavor Energy7321451450$85.64$2.98
Sep 2023Endeavor Energy81761341340$89.43$2.64
Aug 2023Endeavor Energy42108000$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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