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Texas oil lease

No report in 6+ months

WELCH, J. I.

Welch, J. I. is an oil lease in Cooke County, Texas, operated by CR Reed Production, Inc. in the Cooke County Regular field.

3 wells

83bbl oil, last 12 months−52% vs prior year
RRC lease
09-08631

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Where it sits

This county

Cooke CountyCookeMontagueGraysonCooke County
Cooke County
Oil in Nov 2024
0 bbl
Reporting since
Jan 2020

Checks stopped on this lease?

  • Sales

    No sales reported for the last 12 months of state data (through Jul 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 52% over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output fell 52% over the last 12 monthsMonthly oil production for WELCH, J. I., Dec 2021 to Nov 2024. Oil output fell 52% over the last 12 months. 83 bbl in the 12 months through Nov 2024, against 174 bbl in the 12 months before.Last 12 months: 83 bblbbl per month050100150200Jan 22AprJulOctJan 23AprJulOctJan 24AprJulOct
Oil output fell 52% over the last 12 monthsMonthly oil production for WELCH, J. I., Dec 2021 to Nov 2024. Oil output fell 52% over the last 12 months. 83 bbl in the 12 months through Nov 2024, against 174 bbl in the 12 months before.Last 12 monthsbbl per month050100150200Jan 22JulJan 23JulJan 24Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

3 wells on this lease

Wells on WELCH, J. I.
API numberWell no.Status
42-097-031311Active
42-097-034765Active
42-097-825823Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Ptt Premier Trading and Tran LLCOilGathers100Nov 1, 2023–
Gulfmark Energy, Inc.OilGathers100Oct 1, 2018Nov 1, 2023

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

What the drilling permits say

  • Good to know

    The state has no unit acreage for this lease

    Ask the operator for the acreage on your well's division order and unit plat.

Check your decimal on this lease
Permits for Welch, J. I.
API numberWell no.Acreson the permit
42-097-031311–
42-097-034765–
42-097-825812–
42-097-825823–
42-097-825846–

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

Estimate your royalty

36 months, newest first

Ledger for WELCH, J. I.
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Nov 20240126$69.95$2.12
Oct 202400$71.99$2.20
Sep 202400$70.24$2.28
Aug 202400$76.68$1.99
Jul 202400$81.80$2.07
Jun 202490$79.77$2.54
May 202480$80.02$2.12
Apr 202480$85.35$1.60
Mar 202490$81.28$1.49
Feb 2024160$77.25$1.72
Jan 2024170$74.15$3.18
Dec 2023160$71.90$2.52
Nov 2023170$77.69$2.71
Oct 202316157$85.64$2.98
Sep 2023180$89.43$2.64
Aug 2023140$81.39$2.58
Jul 2023120$76.07$2.55
Jun 2023150$70.25$2.18
May 2023170$71.58$2.15
Apr 2023110$79.45$2.16
Mar 2023210$73.28$2.31
Feb 2023200$76.83$2.38
Jan 202340$78.12$3.27
Dec 202290$76.44$5.53
Nov 202218126$84.37$5.45
Oct 2022134127$87.55$5.66
Sep 2022210$84.26$7.88
Aug 2022200$93.67$8.81
Jul 2022200$101.62$7.28
Jun 2022220$114.84$7.70
May 2022110$109.55$8.14
Apr 20221298$101.78$6.60
Mar 2022200$108.50$4.90
Feb 202230$91.64$4.69
Jan 2022100$83.22$4.38
Dec 2021180$71.71$3.76

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

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Nearby

CR Reed Production, Inc. in Cooke County

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