Skip to content
Royalty Clerk

Texas oil lease

Producing

WELCH-COX W39L

Welch-Cox W39l is an oil lease in Martin County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) field.

1 well

22,311bbl oil, last 12 months−43% vs prior year
Operator
Pioneer Natural Res. USA, Inc.
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-58501

Is your check right?

Check my statement

Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
72,944 mcf
Oil in Jul 2026
993 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: ET GATHERING & PROCESSING LLC replaced ETC NORTH PERMIAN MIDSTREAM LLC as the buyer of this lease's gas from oil wells on Mar 1, 2026.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

Oil output fell 43% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 43% over the last 12 monthsMonthly oil production and gas for WELCH-COX W39L, Aug 2023 to Jul 2026. Oil output fell 43% over the last 12 months. 22,311 bbl in the 12 months through Jul 2026, against 38,887 bbl in the 12 months before.Last 12 months: 22,311 bblbbl per monthmcf per month002,5005,0005,00010k7,50015k10k20k12.5k25kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 43% over the last 12 monthsMonthly oil production and gas for WELCH-COX W39L, Aug 2023 to Jul 2026. Oil output fell 43% over the last 12 months. 22,311 bbl in the 12 months through Jul 2026, against 38,887 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,5005,0005,00010k7,50015k10k20k12.5k25kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

91% of the gas went to a processing plant in the last 12 months

Flaring peaked at 8.1% of the gas in Jan 2024.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
91% of the gas went to a processing plant in the last 12 monthsShare of WELCH-COX W39L gas by disposition code each month, Aug 2023 to Jul 2026. 91% of the gas went to a processing plant in the last 12 months. Flaring peaked at 8.1% of the gas in Jan 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 8.1%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
91% of the gas went to a processing plant in the last 12 monthsShare of WELCH-COX W39L gas by disposition code each month, Aug 2023 to Jul 2026. 91% of the gas went to a processing plant in the last 12 months. Flaring peaked at 8.1% of the gas in Jan 2024.Share of gas by disposition code0%50%100%Flared 8.1%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    91% · 66,021 mcf

  • Lease fuel (1)

    9.4% · 6,838 mcf

  • Flared (4)

    0.1% · 85 mcf

0.1% of the gas flared in the last 12 months. 5 months above 3%.

1 well on this lease

Wells on WELCH-COX W39L
API numberWell no.Status
42-317-43542212HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers100Sep 15, 2022–
Et Gathering & Processing LLCCasinghead gasBuys100Mar 1, 2026–
Energy Transfer CompanyCasinghead gasGathers100Dec 1, 2024–
Etc North Permian Midstream LLCCasinghead gasBuys100Dec 1, 2024Mar 1, 2026
Wtg North Permian Midstream LLCCasinghead gasGathers100Sep 15, 2022Dec 1, 2024
Wtg North Permian Midstream LLCCasinghead gasBuys100Sep 15, 2022Dec 1, 2024

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

Who buys my oilOil price check

906.60 acres on the newest permit

  • Worth asking

    An allocation well is on this lease

    A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Welch-Cox W39l
API numberWell no.Acreson the permit
42-317-43542212H906.60

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for WELCH-COX W39L
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20269939951,8921,7058$80.46$2.89
Jun 20261,5091,5065,1044,6711$84.81$3.15
May 20261,7221,7245,3654,82910$102.13$2.94
Apr 20261,7671,7685,7475,2210$100.32$2.77
Mar 20261,6031,6055,3874,8671$91.38$3.04
Feb 20261,8971,8956,8676,0124$64.51$3.62
Jan 20261,8861,8857,4796,4844$60.04$7.72
Dec 20252,1452,1467,8337,2240$57.97$4.26
Nov 20252,1982,1987,8547,2395$60.06$3.79
Oct 20252,2302,2287,3276,71252$60.89$3.19
Sep 20252,0412,0425,5025,0660$63.96$2.97
Aug 20252,3202,3256,5875,9910$64.86$2.91
Jul 20252,2082,2256,7705,861326$68.39$3.20
Jun 20252,1432,1265,6745,21810$68.17$3.02
May 20252,9762,9767,4926,9854$62.17$3.12
Apr 20252,7052,7096,8246,29618$63.54$3.42
Mar 20253,0943,0937,7717,1661$68.24$4.12
Feb 20253,0493,0487,5426,8598$71.53$4.19
Jan 20253,4823,48610,3889,5338$75.74$4.13
Dec 20243,8603,86010,1979,2393$70.12$3.01
Nov 20243,5563,5547,1216,26764$69.95$2.12
Oct 20243,8783,8747,7416,9765$71.99$2.20
Sep 20243,7723,7767,7376,481502$70.24$2.28
Aug 20244,1644,1574,8224,28451$76.68$1.99
Jul 20244,0684,07110,8379,0562$81.80$2.07
Jun 20245,0665,06911,6389,986551$79.77$2.54
May 20245,3025,30311,72410,51610$80.02$2.12
Apr 20247,1607,16418,25817,34614$85.35$1.60
Mar 20248,9718,95917,60817,2620$81.28$1.49
Feb 20242,6722,6895,2274,3518$77.25$1.72
Jan 20245,9905,99415,44610,4021,257$74.15$3.18
Dec 20237,5927,59118,90615,13416$71.90$2.52
Nov 20238,1528,17220,60015,9170$77.69$2.71
Oct 20238,7558,74120,94715,96571$85.64$2.98
Sep 20239,0659,07718,20716,2350$89.43$2.64
Aug 202311,14511,13118,17116,3851,420$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

How to check your stub against this lease Checks stopped on this lease? See the likely reasons

Do your checks match this lease?

Check my statement

Nearby

This lease belongs to

OperatorPioneer Natural Res. USA, Inc.FieldSpraberry (Trend Area)CountyMartin County

Pioneer Natural Res. USA, Inc. in Martin County

All Pioneer Natural Res. USA, Inc. leases →

Spraberry (Trend Area) field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km