WELCH, JOSEPHINE
WELCH, JOSEPHINE is a Texas oil lease in Stephens County, Railroad Commission district 7B, operated by Oryx Energy Company. It has 6 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 148,005 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 $687K, with roughly $155K 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 259 barrels a month, about 43 per wellbore. Its strongest month on the record we hold was October 2016, at 318 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, JOSEPHINE
- Who operates WELCH, JOSEPHINE?
- WELCH, JOSEPHINE is operated by Oryx Energy Company, Railroad Commission of Texas operator number 627127.
- Where is WELCH, JOSEPHINE?
- WELCH, JOSEPHINE is a Texas oil lease in Stephens County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 17635.
- Is WELCH, JOSEPHINE still producing?
- WELCH, JOSEPHINE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WELCH, JOSEPHINE is August 2026.
- How much has WELCH, JOSEPHINE produced?
- WELCH, JOSEPHINE has reported 148,005 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 6 wellbores.
- How much is WELCH, JOSEPHINE worth?
- The remaining production from WELCH, JOSEPHINE is estimated to be worth about $687K in total as of 26 August 2026, within a range of $536K to $838K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WELCH, JOSEPHINE is a fraction of it. The estimate fits an Arps decline curve to the production WELCH, JOSEPHINE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WELCH, JOSEPHINE is an estimate of value, not an offer and not an appraisal.
- How much income does WELCH, JOSEPHINE generate in a year?
- WELCH, JOSEPHINE is forecast to net about $155K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WELCH, JOSEPHINE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Oryx Energy Company |
|---|---|
| Field | Stephens County Regular |
| County | Stephens County, Texas |
| RRC district | 7B |
| Lease number | 17635 |
| Wellbores | 6 |
| Reported production | 148,005 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $687K |
Where WELCH, JOSEPHINE 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.