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Texas oil lease

Producing

WELCH FOUNDATION

Welch Foundation is an oil lease in Liberty County, Texas, operated by Jay Management Company, LLC in the Esperson Dome (Vicksburg) field.

3 wells

352bbl oil, last 12 months−34% vs prior year
Operator
Jay Management Company, LLC
County
Liberty County
Field
Esperson Dome (Vicksburg)
RRC lease
03-23221

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Where it sits

This county

Liberty CountyLibertySan JacintoChambersHardinJasperJeffersonMontgomeryTylerHarrisPolkLiberty County
Liberty County
Gas, last 12 months
1,326 mcf
Oil in Jul 2026
25 bbl

Production by month

Oil output fell 34% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 34% over the last 12 monthsMonthly oil production and gas for WELCH FOUNDATION, Aug 2023 to Jul 2026. Oil output fell 34% over the last 12 months. 352 bbl in the 12 months through Jul 2026, against 533 bbl in the 12 months before.Last 12 months: 352 bblbbl per monthmcf per month001005002001,0003001,5004002,0005002,500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 34% over the last 12 monthsMonthly oil production and gas for WELCH FOUNDATION, Aug 2023 to Jul 2026. Oil output fell 34% over the last 12 months. 352 bbl in the 12 months through Jul 2026, against 533 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001005002001,0003001,5004002,0005002,500Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since May 2025 the lease's gas goes to a transmission line instead of lease fuel

  • Transmission line (2)
  • Lease fuel (1)
Since May 2025 the lease's gas goes to a transmission line instead of lease fuelShare of WELCH FOUNDATION gas by disposition code each month, Aug 2023 to Jul 2026. Since May 2025 the lease's gas goes to a transmission line instead of lease fuel.Share of the lease’s gas by disposition code, per month0%50%100%May 2025: fuel to lineOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since May 2025 the lease's gas goes to a transmission line instead of lease fuelShare of WELCH FOUNDATION gas by disposition code each month, Aug 2023 to Jul 2026. Since May 2025 the lease's gas goes to a transmission line instead of lease fuel.Share of gas by disposition code0%50%100%May 25: fuel to lineJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    85% · 1,720 mcf

  • Lease fuel (1)

    15% · 295 mcf

3 wells on this lease

Wells on WELCH FOUNDATION
API numberWell no.Status
42-291-32274S 9Shut-in
42-291-32346S 27Active
42-291-32400S 30Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Phillips 66 CompanyOilGathers100Apr 1, 2022–
Kinder Morgan Tejas Pipeline LLCCasinghead gasBuys100Oct 1, 2007–
Kinder Morgan Tejas Pipeline LLCCasinghead gasGathers100Nov 1, 2014–
Enterprise Crude Oil LLCOilGathers100Mar 31, 2016Apr 1, 2022

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

Who buys my oilOil price check

20 acres on the newest permit

Permits for Welch Foundation
API numberWell no.Acreson the permit
42-291-32400S 3020
42-291-32346S 2720
42-291-32274S 920

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

Unit decimal checker

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36 months, newest first

Ledger for WELCH FOUNDATION
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202625502102100$80.46$2.89
Jun 20262001501500$84.81$3.15
May 202615351551550$102.13$2.94
Apr 202617921451450$100.32$2.77
Mar 20262001551550$91.38$3.04
Feb 20261501501500$64.51$3.62
Jan 202615050500$60.04$7.72
Dec 20253001511510$57.97$4.26
Nov 202535085850$60.06$3.79
Oct 202530075750$60.89$3.19
Sep 202560100000$63.96$2.97
Aug 2025700000$64.86$2.91
Jul 202565120000$68.39$3.20
Jun 2025600000$68.17$3.02
May 202521801551550$62.17$3.12
Apr 20252405342390$63.54$3.42
Mar 20255007564480$68.24$4.12
Feb 2025431003741770$71.53$4.19
Jan 202540505182690$75.74$4.13
Dec 20242701,2286500$70.12$3.01
Nov 20245506213460$69.95$2.12
Oct 202455901,0665630$71.99$2.20
Sep 2024431099515070$70.24$2.28
Aug 20245001,2227850$76.68$1.99
Jul 20242409865290$81.80$2.07
Jun 202439971,2716300$79.77$2.54
May 20247201,6429770$80.02$2.12
Apr 2024741021,9031,0920$85.35$1.60
Mar 2024791091,8771,1260$81.28$1.49
Feb 20241592051,6029620$77.25$1.72
Jan 20241731102,0041,2220$74.15$3.18
Dec 20232482162,4651,5510$71.90$2.52
Nov 20232433052,3111,3880$77.69$2.71
Oct 20232632141,9811,2660$85.64$2.98
Sep 20232092102,3341,4900$89.43$2.64
Aug 20232713151,5828680$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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This lease belongs to

OperatorJay Management Company, LLCFieldEsperson Dome (Vicksburg)CountyLiberty County

Jay Management Company, LLC in Liberty County

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Esperson Dome (Vicksburg) field

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