Skip to content
Royalty Clerk

Texas oil lease

Producing

WELCH TRUST 8

Welch Trust 8 is an oil lease in Upton County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) R 40 Exc field.

4 wells

3,411bbl oil, last 12 months−31% vs prior year
Operator
Pioneer Natural Res. USA, Inc.
County
Upton County
Field
Spraberry (Trend Area) R 40 Exc
RRC lease
7C-18982

Is your check right?

Check my statement

Where it sits

This county

Upton CountyUptonMidlandCraneGlasscockReaganEctorUpton County
Upton County
Gas, last 12 months
40,780 mcf
Oil in Jul 2026
178 bbl

Production by month

Oil output fell 31% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 31% over the last 12 monthsMonthly oil production and gas for WELCH TRUST 8, Aug 2023 to Jul 2026. Oil output fell 31% over the last 12 months. 3,411 bbl in the 12 months through Jul 2026, against 4,932 bbl in the 12 months before.Last 12 months: 3,411 bblbbl per monthmcf per month002002,0004004,0006006,0008008,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 31% over the last 12 monthsMonthly oil production and gas for WELCH TRUST 8, Aug 2023 to Jul 2026. Oil output fell 31% over the last 12 months. 3,411 bbl in the 12 months through Jul 2026, against 4,932 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002002,0004004,0006006,0008008,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

74% of the gas went to a processing plant in the last 12 months

Flaring peaked at 19.0% of the gas in Jun 2025.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
74% of the gas went to a processing plant in the last 12 monthsShare of WELCH TRUST 8 gas by disposition code each month, Aug 2023 to Jul 2026. 74% of the gas went to a processing plant in the last 12 months. Flaring peaked at 19.0% of the gas in Jun 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 19.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
74% of the gas went to a processing plant in the last 12 monthsShare of WELCH TRUST 8 gas by disposition code each month, Aug 2023 to Jul 2026. 74% of the gas went to a processing plant in the last 12 months. Flaring peaked at 19.0% of the gas in Jun 2025.Share of gas by disposition code0%50%100%Flared 19.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    74% · 30,124 mcf

  • Lease fuel (1)

    26% · 10,462 mcf

  • Flared (4)

    0.5% · 194 mcf

0.5% of the gas flared in the last 12 months. 7 months above 3%.

Who has run this lease

The operator changed once, most recently in Feb 2021

Operators of this lease over timeParsley Energy Operations, LLC, Jan 2020 to Jan 2021; Pioneer Natural Res. USA, Inc., Feb 2021 to Jul 20262020202120222023202420252026Changed Feb 2021Parsley Energy Operations, LLCJan 2020 to Jan 2021Pioneer Natural Res. USA, Inc.Feb 2021 to now
Operators of this lease over timeParsley Energy Operations, LLC, Jan 2020 to Jan 2021; Pioneer Natural Res. USA, Inc., Feb 2021 to Jul 20262020202120222023202420252026Changed Feb 2021Parsley Energy Operations, LLCJan 2020 to Jan 2021Pioneer Natural Res. USA, Inc.Feb 2021 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

4 wells on this lease

Wells on WELCH TRUST 8
API numberWell no.Status
42-383-390712Shut-in
42-383-392223Shut-in
42-461-393521Shut-in
42-461-402504411HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Medallion Operating Company, LLCOilGathers50Sep 1, 2016
Shell Trading (Us) CompanyOilGathers50Sep 1, 2016
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Nov 1, 2015
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Oct 1, 2015

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

Who buys my oilOil price check

480 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 320 and 480 acres. Use the acres from your own division order for the well you are paid on.

Check your decimal on this lease
Permits for Welch Trust 8
API numberWell no.Acreson the permit
42-461-402504411H480
42-383-392223320
42-383-390712320
42-461-393521320

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for WELCH TRUST 8
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Pioneer Natural1782893,2132,3290$80.46$2.89
Jun 2026Pioneer Natural5363012,3451,4780$84.81$3.15
May 2026Pioneer Natural81542,4091,4870$102.13$2.94
Apr 2026Pioneer Natural3744073,4372,5450$100.32$2.77
Mar 2026Pioneer Natural1561462,4691,47275$91.38$3.04
Feb 2026Pioneer Natural2653533,2832,338112$64.51$3.62
Jan 2026Pioneer Natural3343504,2433,3147$60.04$7.72
Dec 2025Pioneer Natural3483362,9112,1040$57.97$4.26
Nov 2025Pioneer Natural2741673,2682,4470$60.06$3.79
Oct 2025Pioneer Natural3223493,9533,1640$60.89$3.19
Sep 2025Pioneer Natural3303364,8053,9210$63.96$2.97
Aug 2025Pioneer Natural2862154,4443,5250$64.86$2.91
Jul 2025Pioneer Natural1663664,9014,0290$68.39$3.20
Jun 2025Pioneer Natural4973705,6443,6811,075$68.17$3.02
May 2025Pioneer Natural3725773,4192,5300$62.17$3.12
Apr 2025Pioneer Natural2782354,2343,3510$63.54$3.42
Mar 2025Pioneer Natural4424444,3383,4220$68.24$4.12
Feb 2025Pioneer Natural4292673,9513,1300$71.53$4.19
Jan 2025Pioneer Natural3835454,4913,5750$75.74$4.13
Dec 2024Pioneer Natural5834704,6463,7650$70.12$3.01
Nov 2024Pioneer Natural5084264,4773,6830$69.95$2.12
Oct 2024Pioneer Natural4534684,3033,41351$71.99$2.20
Sep 2024Pioneer Natural4606893,7002,85987$70.24$2.28
Aug 2024Pioneer Natural361683,1982,6260$76.68$1.99
Jul 2024Pioneer Natural3984414,5503,66551$81.80$2.07
Jun 2024Pioneer Natural5645964,2153,4265$79.77$2.54
May 2024Pioneer Natural5385984,2133,4470$80.02$2.12
Apr 2024Pioneer Natural5725083,8502,788280$85.35$1.60
Mar 2024Pioneer Natural3743772,7041,675230$81.28$1.49
Feb 2024Pioneer Natural4785423,4582,70276$77.25$1.72
Jan 2024Pioneer Natural6256484,7333,9290$74.15$3.18
Dec 2023Pioneer Natural6876605,6294,78140$71.90$2.52
Nov 2023Pioneer Natural7187524,8653,810300$77.69$2.71
Oct 2023Pioneer Natural6455172,6471,886210$85.64$2.98
Sep 2023Pioneer Natural2152451,1879190$89.43$2.64
Aug 2023Pioneer Natural5706024,0183,3860$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) R 40 ExcCountyUpton County

Pioneer Natural Res. USA, Inc. in Upton County

All Pioneer Natural Res. USA, Inc. leases →

Spraberry (Trend Area) R 40 Exc field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km