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Texas oil lease

Producing

WELCH TRUST 12

Welch Trust 12 is an oil lease in Upton County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) R 40 Exc field.

2 wells

250bbl oil, last 12 months−45% vs prior year
RRC lease
7C-18906

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Where it sits

This county

Upton CountyUptonMidlandCraneGlasscockReaganEctorUpton County
Upton County
Gas, last 12 months
1,349 mcf
Oil in Jul 2026
28 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: Diamondback E&P LLC took over from Endeavor Energy Resources L.P. in Jan 2025.

  • Buyer

    Buyer changed: ET GATHERING & PROCESSING LLC replaced ETC GAS PROCESSING, 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.

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Production by month

Oil output fell 45% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 45% over the last 12 monthsMonthly oil production and gas for WELCH TRUST 12, Aug 2023 to Jul 2026. Oil output fell 45% over the last 12 months. 250 bbl in the 12 months through Jul 2026, against 454 bbl in the 12 months before.Last 12 months: 250 bblbbl per monthmcf per month00251005020075300100400Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 45% over the last 12 monthsMonthly oil production and gas for WELCH TRUST 12, Aug 2023 to Jul 2026. Oil output fell 45% over the last 12 months. 250 bbl in the 12 months through Jul 2026, against 454 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00251005020075300100400Jan 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 TRUST 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 TRUST 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.

2 wells on this lease

Wells on WELCH TRUST 12
API numberWell no.Status
42-461-393571Active
42-461-396802Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Enterprise Crude Oil LLCOilGathers100Aug 1, 2025–
Et Gathering & Processing LLCCasinghead gasBuys100Mar 1, 2026–
Energy Transfer CompanyCasinghead gasGathers100Aug 1, 2025–
Etc Gas Processing, LLCCasinghead gasBuys100Aug 1, 2025Mar 1, 2026
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Oct 1, 2015Aug 1, 2025
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Nov 1, 2015Aug 1, 2025
Oasis Transp & Marketing Corp.OilGathers100Aug 1, 2017Aug 1, 2025

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

320 acres on the newest permit

Permits for Welch Trust 12
API numberWell no.Acreson the permit
42-461-396802320
42-461-393571320

SourceRailroad Commission drilling permits, Oct 3, 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 TRUST 12
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Diamondback E&P281520200$80.46$2.89
Jun 2026Diamondback E&P00000$84.81$3.15
May 2026Diamondback E&P044000$102.13$2.94
Apr 2026Diamondback E&P501151150$100.32$2.77
Mar 2026Diamondback E&P45653483480$91.38$3.04
Feb 2026Diamondback E&P2811681680$64.51$3.62
Jan 2026Diamondback E&P40521361360$60.04$7.72
Dec 2025Diamondback E&P3101021020$57.97$4.26
Nov 2025Diamondback E&P25422522520$60.06$3.79
Oct 2025Diamondback E&P40000$60.89$3.19
Sep 2025Diamondback E&P2548000$63.96$2.97
Aug 2025Diamondback E&P1902082080$64.86$2.91
Jul 2025Diamondback E&P5851421420$68.39$3.20
Jun 2025Diamondback E&P7122432430$68.17$3.02
May 2025Diamondback E&P46572042040$62.17$3.12
Apr 2025Diamondback E&P701241240$63.54$3.42
Mar 2025Diamondback E&P291021051050$68.24$4.12
Feb 2025Diamondback E&P23112120$71.53$4.19
Jan 2025Diamondback E&P471293930$75.74$4.13
Dec 2024Endeavor Energy90751391390$70.12$3.01
Nov 2024Endeavor Energy25086860$69.95$2.12
Oct 2024Endeavor Energy119352520$71.99$2.20
Sep 2024Endeavor Energy40024240$70.24$2.28
Aug 2024Endeavor Energy6044220$76.68$1.99
Jul 2024Endeavor Energy270550$81.80$2.07
Jun 2024Endeavor Energy4032320$79.77$2.54
May 2024Endeavor Energy99010100$80.02$2.12
Apr 2024Endeavor Energy360000$85.35$1.60
Mar 2024Endeavor Energy290000$81.28$1.49
Feb 2024Endeavor Energy76941821820$77.25$1.72
Jan 2024Endeavor Energy2302162160$74.15$3.18
Dec 2023Endeavor Energy55821921920$71.90$2.52
Nov 2023Endeavor Energy47803913910$77.69$2.71
Oct 2023Endeavor Energy5212632630$85.64$2.98
Sep 2023Endeavor Energy63952682680$89.43$2.64
Aug 2023Endeavor Energy71743883880$81.39$2.58

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

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Nearby

Diamondback E&P LLC in Upton County

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Spraberry (Trend Area) R 40 Exc field

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