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 - Jan 2025
Total Oil Production217,175 BBLs
Total Gas Production342,888 MCF
Recent Oil Production186 BBLs in Dec 2024
Recent Gas Production173 MCF in Dec 2024
Wells on Property5

Our Valuation Estimates for Franklin

ShaleAssessment™

$42,892 *

MarketMultiple™

$41,451 **

* 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 Jan 2025

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, TX61,492 BBLs234,954 MCFJan 2025
Bell Ringer 31Martin County, TX378 BBLs3,447 MCFJan 2025
Bessie 44Martin County, TX22,769 BBLs101,216 MCFJan 2025
Jim-Mims 45Martin County, TX41,003 BBLs73,793 MCFJan 2025
Kelly-Iverson 5Martin County, TX66,286 BBLs116,559 MCFJan 2025
MartinMartin County, TX136 BBLs16 MCFDec 2024
MimsMartin County, TX0 BBLs0 MCFDec 2023
PowellMartin County, TX185 BBLs155 MCFJan 2025
RigganMartin County, TX253 BBLs248 MCFJan 2025
Simms 30-18Martin County, TX452,730 BBLs1,126,080 MCFJan 2025
Soto 43-7 (AllocMartin County, TX17,549 BBLs39,437 MCFJan 2025
Stone 39Martin County, TX0 BBLs31 MCFJan 2025
Temple Fork 32-20Martin County, TX223,134 BBLs550,424 MCFJan 2025
Tom 4Martin County, TX271 BBLs0 MCFJan 2025
Tom JimMartin County, TX0 BBLs0 MCFJun 2024
Tom RMartin County, TX0 BBLs0 MCFJun 2023
Twiss 41Martin County, TX0 BBLs0 MCFJun 2020
VaughnMartin County, TX4 BBLs47 MCFJan 2025
WebsterMartin County, TX199 BBLs155 MCFJan 2025
Welch 48Martin County, TX554 BBLs1,181 MCFDec 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.

Frac'ing activity on Franklin

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-317-36244Franklin 41 #5
42-317-36248Franklin 41 #4

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
2024HALE TERRY DFRANKLIN "41" #2-4PIONEER NATURAL RES
2024ATKINS DONNA E CAREYFRANKLIN "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.