Texas oil lease
ProducingWELCH, JOSEPHINE
Welch, Josephine is an oil lease in Stephens County, Texas, operated by Basa Resources, Inc. in the Stephens County Regular field.
6 wells
- Operator
- Basa Resources, Inc.
- County
- Stephens County
- RRC lease
- 7B-17635
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 365 mcf
- Oil in Jul 2026
- 307 bbl
Production by month
Oil output rose 19% over the last 12 months
- Oil (bars)
- Gas (line)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Where the gas went
All of the gas went to flaring in the last 12 months
Flaring peaked at 100.0% of the gas in Sep 2023.
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
100.0% of the gas flared in the last 12 months. 35 months above 3%.
6 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-429-32883 | 1 | Active |
| 42-429-34990 | 2 | Active |
| 42-429-34998 | 3 | Active |
| 42-429-35002 | 4 | Active |
| 42-429-35031 | 5 | Active |
| 42-429-35033 | 7 | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From |
|---|---|---|---|---|
| Sunoco Pipeline L.p. | Oil | Gathers | 100 | Apr 1, 2002 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
160 acres on the newest permit
- 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.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-429-35031 | 5 | Apr 29, 1988 | Jun 1, 1988 | 160 |
| 42-429-35033 | 7 | Apr 29, 1988 | May 25, 1988 | 160 |
| 42-429-35002 | 4 | Mar 10, 1988 | Jun 21, 1988 | 160 |
| 42-429-34990 | 2 | Feb 24, 1988 | May 13, 1988 | 160 |
| 42-429-34998 | 3 | Feb 23, 1988 | May 19, 1988 | 160 |
| 42-429-32883 | 1 | Apr 9, 1981 | Aug 29, 1981 | 160 |
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026 | 307 | 310 | 31 | 0 | 31 | $80.46 | $2.89 |
| Jun 2026 | 262 | 259 | 30 | 0 | 30 | $84.81 | $3.15 |
| May 2026 | 283 | 281 | 31 | 0 | 31 | $102.13 | $2.94 |
| Apr 2026 | 305 | 318 | 30 | 0 | 30 | $100.32 | $2.77 |
| Mar 2026 | 231 | 225 | 31 | 0 | 31 | $91.38 | $3.04 |
| Feb 2026 | 274 | 263 | 28 | 0 | 28 | $64.51 | $3.62 |
| Jan 2026 | 309 | 322 | 31 | 0 | 31 | $60.04 | $7.72 |
| Dec 2025 | 271 | 253 | 31 | 0 | 31 | $57.97 | $4.26 |
| Nov 2025 | 230 | 235 | 30 | 0 | 30 | $60.06 | $3.79 |
| Oct 2025 | 299 | 289 | 31 | 0 | 31 | $60.89 | $3.19 |
| Sep 2025 | 222 | 227 | 30 | 0 | 30 | $63.96 | $2.97 |
| Aug 2025 | 183 | 192 | 31 | 0 | 31 | $64.86 | $2.91 |
| Jul 2025 | 279 | 289 | 31 | 0 | 31 | $68.39 | $3.20 |
| Jun 2025 | 274 | 250 | 30 | 0 | 30 | $68.17 | $3.02 |
| May 2025 | 226 | 226 | 31 | 0 | 31 | $62.17 | $3.12 |
| Apr 2025 | 201 | 192 | 30 | 0 | 30 | $63.54 | $3.42 |
| Mar 2025 | 167 | 177 | 31 | 0 | 31 | $68.24 | $4.12 |
| Feb 2025 | 45 | 35 | 28 | 0 | 28 | $71.53 | $4.19 |
| Jan 2025 | 266 | 269 | 31 | 0 | 31 | $75.74 | $4.13 |
| Dec 2024 | 246 | 262 | 31 | 0 | 31 | $70.12 | $3.01 |
| Nov 2024 | 257 | 247 | 30 | 0 | 30 | $69.95 | $2.12 |
| Oct 2024 | 265 | 269 | 31 | 0 | 31 | $71.99 | $2.20 |
| Sep 2024 | 251 | 248 | 30 | 0 | 30 | $70.24 | $2.28 |
| Aug 2024 | 201 | 210 | 31 | 0 | 31 | $76.68 | $1.99 |
| Jul 2024 | 187 | 185 | 31 | 0 | 31 | $81.80 | $2.07 |
| Jun 2024 | 223 | 207 | 30 | 0 | 30 | $79.77 | $2.54 |
| May 2024 | 204 | 219 | 31 | 0 | 31 | $80.02 | $2.12 |
| Apr 2024 | 254 | 266 | 30 | 0 | 30 | $85.35 | $1.60 |
| Mar 2024 | 238 | 220 | 31 | 0 | 31 | $81.28 | $1.49 |
| Feb 2024 | 250 | 259 | 29 | 0 | 29 | $77.25 | $1.72 |
| Jan 2024 | 254 | 250 | 31 | 0 | 31 | $74.15 | $3.18 |
| Dec 2023 | 264 | 249 | 31 | 0 | 31 | $71.90 | $2.52 |
| Nov 2023 | 236 | 248 | 30 | 0 | 30 | $77.69 | $2.71 |
| Oct 2023 | 268 | 267 | 31 | 0 | 31 | $85.64 | $2.98 |
| Sep 2023 | 224 | 228 | 4 | 0 | 4 | $89.43 | $2.64 |
| Aug 2023 | 272 | 268 | 0 | 0 | 0 | $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 reasonsDo your checks match this lease?
Nearby
This lease belongs to
Basa Resources, Inc. in Stephens County
- CALDWELL, C.M.
4,374 bbl
- DICKIE, ALEX
4,475 bbl
- CROWLEY, L. M.
4,215 bbl
- PARKS, J. W. A
3,422 bbl
- BRANCH, CHAS.
2,978 bbl
- WARD-ACKERS STATE UNIT
2,950 bbl
- WARD-ACKERS STATE UNIT 'A'
2,496 bbl
- WARD, J. M. "1240"
49,823 mcf
- BABER-ACKERS-ROSENQUEST UNIT
1,481 bbl
- HILGENBERG UNIT
1,222 bbl
Stephens County Regular field
- PACE UNIT
3,459 bbl
- RANGER '1250'
3,284 bbl
- BROWN, ROBERT J., -B-
3,306 bbl
- HANKS 5-A
3,244 bbl
- PIERCE, J. S.
2,665 bbl
- SLOAN, MARTIN UNIT
3,200 bbl
- THOMAS, R.O. "A"
3,121 bbl
- BRANCH, CHAS.
2,978 bbl
- WARD-ACKERS STATE UNIT
2,950 bbl
- HANKS UNIT
2,892 bbl
Leases within 10 km
- CALDWELL-BRECKENRIDGE UNIT
92,618 bbl · 0.4 km
- CALDWELL, C.M.
4,374 bbl · 0.7 km
- KEATHLEY
0 bbl · 1 km
- KEATHLEY, G. W.
1,758 bbl · 1.2 km
- CARLISLE, JAMES
26,546 bbl · 1.4 km
- DUKE-KEATHLY
6,264 bbl · 1.4 km
- ROGERS, R. M. -D-
75 bbl · 1.5 km
- BLACK-STOKER /CADDO/ UNIT
31,192 bbl · 1.5 km
- STOKER, I. A. "G"
0 bbl · 1.6 km
- KENNEDY, G. F.
30,589 bbl · 2.2 km
Drilling permits within 10 km
AKIN-WRIGHT #2
recompletion · S.b. Street Operating, Inc. · Stephens County · 9.9 km
Permit 0912579 · Jan 13, 2026
AKIN-WRIGHT #3
recompletion · S.b. Street Operating, Inc. · Stephens County · 9.9 km
Permit 0911249 · Oct 23, 2025