WELCH
WELCH is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Linn Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from May 2010 to August 2026, totalling 118,418 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $1.2M, with roughly $250K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 351 barrels a month. Its strongest month on the record we hold was March 2020, at 899 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about WELCH
- Who operates WELCH?
- WELCH is operated by Linn Operating, Inc., Railroad Commission of Texas operator number 501545.
- Where is WELCH?
- WELCH is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 40188.
- Is WELCH still producing?
- WELCH is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WELCH is August 2026.
- How much has WELCH produced?
- WELCH has reported 118,418 barrels of oil (bbl) to the Railroad Commission of Texas between May 2010 and August 2026, from 1 wellbore.
- How much is WELCH worth?
- The remaining production from WELCH is estimated to be worth about $1.2M in total as of 26 August 2026, within a range of $922K to $1.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WELCH is a fraction of it. The estimate fits an Arps decline curve to the production WELCH has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WELCH is an estimate of value, not an offer and not an appraisal.
- How much income does WELCH generate in a year?
- WELCH is forecast to net about $250K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WELCH receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Linn Operating, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 40188 |
| Wellbores | 1 |
| Reported production | 118,418 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.2M |
Where WELCH sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.