Franklin 18

Oil & Gas Property in Martin County, TX

  2. Texas
  3. Martin County, TX
  4. Oil & Gas Properties in Martin County, TX
  5. Franklin 18 Oil & Gas Property

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Property Summary

Key data points for Franklin 18

CountyMartin County, TX
Production DatesJan 2014 - Aug 2024
Total Oil Production81,817 BBLs
Total Gas Production210,842 MCF
Recent Oil Production273 BBLs in Jul 2024
Recent Gas Production569 MCF in Jul 2024
Wells on Property3

Our Valuation Estimates for Franklin 18

ShaleAssessment™

$18,386 *

MarketMultiple™

$31,782 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Franklin 18 Production Graph

Aggregated production of all wells and leases associated with this property
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for Franklin 18
from Jan 2014 to Aug 2024

Wells on Franklin 18

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-317-38947FRANKLIN 18 1DIAMONDBACK E&P LLCProducingMartin County, TX32.312567-101.961473
42-317-39501FRANKLIN 18 2DIAMONDBACK E&P LLCProducingMartin County, TX32.312247-101.967040
42-317-39918FRANKLIN 18 3BREITBURN OPERATING L.P.Permitted LocationMartin County, TX32.311891-101.964359

Leases included in Franklin 18

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-45105FRANKLIN 18DIAMONDBACK E&P LLCMartin County, TX

Operators Associated With Franklin 18

Nearby Properties

These are the closest 20 properties to the Franklin 18 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BrisenoMartin County, TX607 BBLs1,327 MCFAug 2024
CastleMartin County, TX37 BBLs260 MCFAug 2024
Cora 18Martin County, TX313 BBLs0 MCFAug 2024
Cox,EdMartin County, TX0 BBLs0 MCFMay 2017
HensonMartin County, TX399 BBLs54 MCFAug 2024
HollowayMartin County, TX30 BBLs108 MCFAug 2024
JohnMartin County, TX10,821 BBLs75,402 MCFAug 2024
Joy AMartin County, TX249 BBLs0 MCFAug 2024
LindsayMartin County, TX0 BBLs0 MCFAug 2019
MadisonMartin County, TX0 BBLs0 MCFJun 2024
MarieMartin County, TX6,683 BBLs20,165 MCFAug 2024
MartinMartin County, TX337 BBLs671 MCFAug 2024
Mattingley 14Martin County, TX14,032 BBLs91,345 MCFAug 2024
McMorriesMartin County, TX0 BBLs0 MCFFeb 2022
Sam 17Martin County, TX760 BBLs447 MCFAug 2024
Silverback 13-8 Unit 1Martin County, TX19,144 BBLs63,659 MCFAug 2024
ThelmaMartin County, TX4,802 BBLs17,095 MCFAug 2024
ThelmaMartin County, TX2,524 BBLs19,535 MCFAug 2024
WoodwardMartin County, TX6,998 BBLs34,329 MCFAug 2024
You Jane 20-25 Unit 1Martin County, TX35,052 BBLs101,300 MCFAug 2024

Companies in the Area

These are the closest 20 companies operating near the Franklin 18 property.

Company Name
Beach Exploration, Inc.
Breitburn Operating LP
Cox, John L.
Crownquest Operating, LLC
Diamondback E&P LLC
Element Petro Operating II, LLC
Endeavor Energy Resources, LP
Escondido Bay Corporation
Henry Petroleum Corp.
JM Cox Resources LP
Latigo Petroleum Texas, LP
MGF Oil Corporation
Midland Energy, Inc.
Oxyrock Operating, LLC
Pioneer Natural Res. USA, Inc.
Qep Energy Company
R K Petroleum Corp.
Rittenhouse Oil & Gas Co.
Stephens, Autry C.
Tamarack Petroleum Company, Inc.

Owners of Franklin 18

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024DIAMONDBACK E&P LLCFRANKLIN 18DIAMONDBACK E&P LLC
2024SWALLOWTAIL ROYALTIES II LLCFRANKLIN 18DIAMONDBACK E&P LLC
2024FLATLAND MINERAL FUND II LPFRANKLIN 18DIAMONDBACK E&P LLC
2024KELLY WALTER TERRYFRANKLIN 18DIAMONDBACK E&P LLC
2024SPLIT ROCK ENERGYFRANKLIN 18DIAMONDBACK E&P LLC
2024LEWIS BURLESON PROPERTIES LPFRANKLIN 18DIAMONDBACK E&P LLC
2024SHEDHORN ROYALTIESFRANKLIN 18DIAMONDBACK E&P LLC
2024BUCKHORN MINERALS III LPFRANKLIN 18DIAMONDBACK E&P LLC
Displaying 8 of 10 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Franklin 18

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-45105FRANKLIN 18Jul 2024ENTERPRISE CRUDE OIL LLCDIAMONDBACK E&P LLC
08-45105FRANKLIN 18Jul 2024ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK E&P LLC
08-45105FRANKLIN 18Jun 2024ENTERPRISE CRUDE OIL LLCDIAMONDBACK E&P LLC
08-45105FRANKLIN 18Jun 2024ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK E&P LLC
08-45105FRANKLIN 18May 2024ENTERPRISE CRUDE OIL LLCDIAMONDBACK E&P LLC
08-45105FRANKLIN 18May 2024ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK E&P LLC
08-45105FRANKLIN 18Apr 2024ENTERPRISE CRUDE OIL LLCDIAMONDBACK E&P LLC
08-45105FRANKLIN 18Apr 2024ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK E&P LLC
08-45105FRANKLIN 18Mar 2024ENTERPRISE CRUDE OIL LLCDIAMONDBACK E&P LLC
08-45105FRANKLIN 18Mar 2024ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK E&P LLC
08-45105FRANKLIN 18Feb 2024ENTERPRISE CRUDE OIL LLCDIAMONDBACK E&P LLC
08-45105FRANKLIN 18Feb 2024ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK E&P LLC
08-45105FRANKLIN 18Jan 2024ENTERPRISE CRUDE OIL LLCDIAMONDBACK E&P LLC
08-45105FRANKLIN 18Jan 2024ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK E&P LLC
08-45105FRANKLIN 18Dec 2023DIAMONDBACK E&P LLC
08-45105FRANKLIN 18Dec 2023ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK E&P LLC
08-45105FRANKLIN 18Nov 2023DIAMONDBACK E&P LLC
08-45105FRANKLIN 18Nov 2023ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK E&P LLC
08-45105FRANKLIN 18Oct 2023DIAMONDBACK E&P LLC
08-45105FRANKLIN 18Oct 2023ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK E&P LLC
08-45105FRANKLIN 18Sep 2023DIAMONDBACK E&P LLC
08-45105FRANKLIN 18Sep 2023ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK E&P LLC
08-45105FRANKLIN 18Aug 2023DIAMONDBACK E&P LLC
08-45105FRANKLIN 18Aug 2023ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK E&P LLC
08-45105FRANKLIN 18Jul 2023DIAMONDBACK E&P LLC