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 - Sep 2024
Total Oil Production215,939 BBLs
Total Gas Production341,529 MCF
Recent Oil Production279 BBLs in Aug 2024
Recent Gas Production216 MCF in Aug 2024
Wells on Property5

Our Valuation Estimates for Franklin

ShaleAssessment™

$44,912 *

MarketMultiple™

$42,577 **

* 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 Sep 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, TX63,460 BBLs186,969 MCFSep 2024
Bell Ringer 31Martin County, TX323 BBLs3,831 MCFSep 2024
Bessie 44Martin County, TX24,748 BBLs96,074 MCFSep 2024
Jim-Mims 45Martin County, TX66,580 BBLs107,267 MCFSep 2024
Kelly-Iverson 5Martin County, TX109,008 BBLs175,183 MCFSep 2024
MartinMartin County, TX0 BBLs0 MCFSep 2024
MimsMartin County, TX0 BBLs0 MCFNov 2023
PowellMartin County, TX122 BBLs80 MCFSep 2024
RigganMartin County, TX112 BBLs248 MCFSep 2024
Simms 30-18Martin County, TX786,094 BBLs890,388 MCFSep 2024
Soto 43-7 (AllocMartin County, TX19,956 BBLs39,147 MCFSep 2024
Stone 39Martin County, TX84 BBLs22 MCFSep 2024
Temple Fork 32-20Martin County, TX17,560 BBLs19,572 MCFSep 2024
Tom 4Martin County, TX256 BBLs801 MCFSep 2024
Tom JimMartin County, TX0 BBLs0 MCFJun 2024
Tom RMartin County, TX0 BBLs0 MCFJun 2023
Twiss 41Martin County, TX0 BBLs0 MCFJun 2020
VaughnMartin County, TX517 BBLs635 MCFSep 2024
WebsterMartin County, TX192 BBLs155 MCFSep 2024
Welch 48Martin County, TX1,505 BBLs2,375 MCFSep 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
2024HALE TERRY DFRANKLIN "41" #2-4PIONEER NATURAL RES
2024ATKINS DONNA E CAREYFRANKLIN "41" #2-4PIONEER NATURAL RES
2024BRANSTINE DEWAINE L & FRANCESFRANKLIN "41" #2-4PIONEER NATURAL RES
2024RRIG EP II LLCFRANKLIN "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"Aug 2024SHELL TRADING (US) COMPANYPIONEER 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.PIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Jul 2024PIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Jun 2024PIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Jun 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"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 2024PIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Feb 2024PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Feb 2024SHELL TRADING (US) COMPANYPIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Jan 2024SHELL TRADING (US) COMPANYPIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Jan 2024PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Jan 2024PIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Dec 2023SHELL TRADING (US) COMPANYPIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Dec 2023PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Dec 2023PIONEER NATURAL RESOURCES USA, INC.