Franklin

Oil & Gas Property in Martin County, TX

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

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Property Summary

Key data points for Franklin

CountyMartin County, TX
OperatorPIONEER NATURAL RES. USA, INC.
Production DatesFeb 2007 - Oct 2024
Total Oil Production216,342 BBLs
Total Gas Production341,982 MCF
Recent Oil Production455 BBLs in Sep 2024
Recent Gas Production577 MCF in Sep 2024
Wells on Property5

Our Valuation Estimates for Franklin

ShaleAssessment™

$44,394 *

MarketMultiple™

$46,933 **

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

Based on a decimal interest

Franklin 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
from Feb 2007 to Oct 2024

Wells on Franklin

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-317-34703FRANKLIN 41 2PIONEER NATURAL RES. USA, INC.Shut InMartin County, TX32.175448-101.855216
42-317-34790FRANKLIN 41 3PIONEER NATURAL RES. USA, INC.Shut InMartin County, TX32.178023-101.860395
42-317-36244FRANKLIN 41 5PIONEER NATURAL RES. USA, INC.Shut InMartin County, TX32.178949-101.856334
42-317-36248FRANKLIN 41 4PIONEER NATURAL RES. USA, INC.ProducingMartin County, TX32.174509-101.859336
42-317-45154FRANKLIN 41 1DPIONEER NATURAL RES. USA, INC.Permitted LocationMartin County, TX32.175893-101.854119

Leases included in Franklin

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-23002FRANKLINADOBE RESOURCES CORPORATIONMartin County, TX
08-38122FRANKLIN "41"PIONEER NATURAL RES. USA, INC.Martin County, TX

Nearby Properties

These are the closest 20 properties to the Franklin property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Badfish 31-43Martin County, TX67,005 BBLs230,542 MCFOct 2024
Bell Ringer 31Martin County, TX264 BBLs3,820 MCFOct 2024
Bessie 44Martin County, TX22,201 BBLs97,449 MCFOct 2024
Jim-Mims 45Martin County, TX56,032 BBLs94,532 MCFOct 2024
Kelly-Iverson 5Martin County, TX95,577 BBLs163,066 MCFOct 2024
MartinMartin County, TX11 BBLs4 MCFOct 2024
MimsMartin County, TX0 BBLs0 MCFNov 2023
PowellMartin County, TX184 BBLs65 MCFOct 2024
RigganMartin County, TX362 BBLs240 MCFOct 2024
Simms 30-18Martin County, TX806,468 BBLs1,105,185 MCFOct 2024
Soto 43-7 (AllocMartin County, TX21,418 BBLs42,069 MCFOct 2024
Stone 39Martin County, TX97 BBLs27 MCFOct 2024
Temple Fork 32-20Martin County, TX8,840 BBLs10,356 MCFNov 2024
Tom 4Martin County, TX241 BBLs477 MCFOct 2024
Tom JimMartin County, TX0 BBLs0 MCFJun 2024
Tom RMartin County, TX0 BBLs0 MCFJun 2023
Twiss 41Martin County, TX0 BBLs0 MCFJun 2020
VaughnMartin County, TX350 BBLs469 MCFOct 2024
WebsterMartin County, TX189 BBLs78 MCFOct 2024
Welch 48Martin County, TX866 BBLs2,135 MCFOct 2024

Companies in the Area

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

Company Name
Alta Energy Corporation
Arya Resources, LLC
Berry Oil Comp.
Breitburn Operating LP
De IV Operating, LLC
Diamondback E&P LLC
Endeavor Energy Resources, LP
Hanley Petroleum Inc.
Hunt Oil Company
L.C.S. Production Company
Mariner Energy, Inc.
Merit Energy Company
Meritage Energy Company LLC
Odessa Exploration, Inc.
Ovintiv USA Inc.
Oxyrock Operating, LLC
Pioneer Natural Res. USA, Inc.
Scout Energy Management LLC
Stephens, Autry C.
XTO Energy Inc.

Owners of Franklin

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024PIONEER NATURAL RES (WI)FRANKLIN "41" #2-4PIONEER NATURAL RES
2024FRANKLIN JAMES WENDELLFRANKLIN "41" #2-4PIONEER NATURAL RES
2024ATKINS DONNA E CAREYFRANKLIN "41" #2-4PIONEER NATURAL RES
2024HALE TERRY DFRANKLIN "41" #2-4PIONEER NATURAL RES
2024RRIG EP II LLCFRANKLIN "41" #2-4PIONEER NATURAL RES
2024BRANSTINE DEWAINE L & FRANCESFRANKLIN "41" #2-4PIONEER NATURAL RES
2024SHEDHORN ROYALTIESFRANKLIN "41" #2-4PIONEER NATURAL RES
2024STRATFORD INVESTMENTSFRANKLIN "41" #2-4PIONEER NATURAL RES
Displaying 8 of 23 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Franklin

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-38122FRANKLIN "41"Oct 2024SHELL TRADING (US) COMPANYPIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Sep 2024SHELL TRADING (US) COMPANYPIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Sep 2024PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Sep 2024PIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Aug 2024SHELL TRADING (US) COMPANYPIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Aug 2024PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Aug 2024PIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Jul 2024SHELL TRADING (US) COMPANYPIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Jul 2024PIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Jul 2024PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Jun 2024SHELL TRADING (US) COMPANYPIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Jun 2024PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Jun 2024PIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"May 2024SHELL TRADING (US) COMPANYPIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"May 2024PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"May 2024PIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Apr 2024PIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Apr 2024PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Apr 2024SHELL TRADING (US) COMPANYPIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Mar 2024SHELL TRADING (US) COMPANYPIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Mar 2024PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Mar 2024PIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Feb 2024SHELL TRADING (US) COMPANYPIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Feb 2024PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Feb 2024PIONEER NATURAL RESOURCES USA, INC.