WELCH "12"

WELCH "12" is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Endeavor Energy Resources L.P. It has 4 wellbores on file with the Commission. Reported production runs from January 2004 to August 2026, totalling 128,017 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 $284K, with roughly $53K 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 63 barrels a month, about 16 per wellbore. Its strongest month on the record we hold was January 2017, at 833 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 "12"

Who operates WELCH "12"?
WELCH "12" is operated by Endeavor Energy Resources L.P., Railroad Commission of Texas operator number 251726.
Where is WELCH "12"?
WELCH "12" is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 15517.
Is WELCH "12" still producing?
WELCH "12" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WELCH "12" is August 2026.
How much has WELCH "12" produced?
WELCH "12" has reported 128,017 barrels of oil (bbl) to the Railroad Commission of Texas between January 2004 and August 2026, from 4 wellbores.
How much is WELCH "12" worth?
The remaining production from WELCH "12" is estimated to be worth about $284K in total as of 26 August 2026, within a range of $156K to $412K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WELCH "12" is a fraction of it. The estimate fits an Arps decline curve to the production WELCH "12" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WELCH "12" is an estimate of value, not an offer and not an appraisal.
How much income does WELCH "12" generate in a year?
WELCH "12" is forecast to net about $53K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WELCH "12" receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

WELCH "12" as filed with the Railroad Commission of Texas
OperatorEndeavor Energy Resources L.P.
FieldSpraberry (Trend Area)
CountyUpton County, Texas
RRC district7C
Lease number15517
Wellbores4
Reported production128,017 bbl
First reported
Last reported
Estimated royalty value$284K

Where WELCH "12" 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.