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
Production DatesJan 1993 - Dec 2024
Total Oil Production393,052 BBLs
Total Gas Production455,903 MCF
Recent Oil Production1,552 BBLs in Nov 2024
Recent Gas Production1,080 MCF in Nov 2024
Wells on Property7

Our Valuation Estimates for Franklin

ShaleAssessment™

$64,896 *

MarketMultiple™

$173,842 **

* 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
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to oil and gas production for Franklin
from Jan 1993 to Dec 2024

Wells on Franklin

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-317-32498FRANKLIN 1HOUSTON OIL & MINERALS CORP.Plugged Oil WellMartin County, TX32.350213-101.862686
42-317-33951FRANKLIN FARMS 1RAND OIL & GAS CORP.Plugged Oil WellMartin County, TX32.356364-101.837845
42-317-34734FRANKLIN 23 1DIAMONDBACK E&P LLCProducingMartin County, TX32.347257-101.861585
42-317-34735FRANKLIN 23 2DIAMONDBACK E&P LLCProducingMartin County, TX32.340244-101.859331
42-317-34872FRANKLIN FARMS 11 1DIAMONDBACK E&P LLCProducingMartin County, TX32.355681-101.824260
42-317-34978FRANKLIN FARMS 11 2DIAMONDBACK E&P LLCProducingMartin County, TX32.353870-101.832659
42-317-36302FRANKLIN 23 3DIAMONDBACK E&P LLCShut InMartin County, TX32.352680-101.860038

Leases included in Franklin

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-27447FRANKLINPERMIAN RESOURCES, INC.Martin County, TX
08-34219FRANKLIN FARMSRAND OIL & GAS CORP.Martin County, TX
08-38157FRANKLIN "23"DIAMONDBACK E&P LLCMartin County, TX
08-38324FRANKLIN FARMS "11"DIAMONDBACK E&P LLCMartin County, TX

Operators Associated With Franklin

Nearby Properties

These are the closest 20 properties to the Franklin property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BrooksMartin County, TX635 BBLs0 MCFDec 2024
BrownMartin County, TX612 BBLs69 MCFDec 2024
Brown PrudieMartin County, TX180 BBLs0 MCFDec 2024
Elrod 19Martin County, TX2,082 BBLs872 MCFDec 2024
Five Way 15Martin County, TX5,022 BBLs5,236 MCFDec 2024
HallMartin County, TX0 BBLs0 MCFJul 2023
KuhlmanMartin County, TX0 BBLs0 MCFNov 2023
MassasaugaMartin County, TX99,677 BBLs234,829 MCFDec 2024
MerrickMartin County, TX13,930 BBLs39,122 MCFDec 2024
MildredMartin County, TX10 BBLs16 MCFDec 2024
MorrisonMartin County, TX437 BBLs0 MCFDec 2024
PeughMartin County, TX664 BBLs777 MCFDec 2024
Prudie 9 1Martin County, TX407 BBLs0 MCFDec 2024
Pyke UnitMartin County, TX21,141 BBLs101,444 MCFDec 2024
SawyerMartin County, TX0 BBLs0 MCFDec 2024
Shark 14-23 (AllocMartin County, TX12,352 BBLs38,296 MCFDec 2024
StubblefieldMartin County, TX99 BBLs61 MCFDec 2024
ThomasMartin County, TX128 BBLs86 MCFDec 2024
WalkerMartin County, TX13,312 BBLs59,106 MCFDec 2024
Yates UnitMartin County, TX3,293 BBLs0 MCFDec 2024

Companies in the Area

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

Company Name
Breitburn Operating LP
Burleson Petroleum, Inc.
Cox, John L.
De3 Operating LLC
Diamondback E&P LLC
Endeavor Energy Resources, LP
Escondido Bay Corporation
Extex Operating Company
Guidon Energy MGMT Services LLC
Linn Operating, Inc.
Merit Energy Company
MGF Oil Corporation
Oxyrock Operating, LLC
Petroplex Energy Inc.
Pioneer Natural Res. USA, Inc.
R K Petroleum Corp.
Santa Fe Energy Resources, Inc.
Scout Energy Management LLC
Xeric Oil & Gas Corporation
XTO Energy Inc.

Owners of Franklin

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024DIAMONDBACK E&P LLCFRANKLIN "23"DIAMONDBACK E&P
2024ENDEAVOR ENERGY RESOURCESFRANKLIN FARMS -11- #1 & #2ENDEAVOR ENERGY RES
2024DG ROYALTY LLCFRANKLIN "23"DIAMONDBACK E&P
2024COBBLESTONE MINERALS LPFRANKLIN FARMS -11- #1 & #2ENDEAVOR ENERGY RES
2024BLACKGOLD SPV V LPFRANKLIN FARMS -11- #1 & #2ENDEAVOR ENERGY RES
2024SEARS CLAUDE LANCEFRANKLIN "23"DIAMONDBACK E&P
2024ENDEAVOR ENERGY RESOURCESFRANKLIN "23"DIAMONDBACK E&P
2024TRINITY UNIVERSITYFRANKLIN FARMS -11- #1 & #2ENDEAVOR ENERGY RES
Displaying 8 of 61 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
08-38157FRANKLIN "23"Oct 2024ENTERPRISE CRUDE OIL LLCDIAMONDBACK E&P LLC
08-38324FRANKLIN FARMS "11"Oct 2024OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-38157FRANKLIN "23"Sep 2024ENTERPRISE CRUDE OIL LLCDIAMONDBACK E&P LLC
08-38324FRANKLIN FARMS "11"Sep 2024OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-38157FRANKLIN "23"Aug 2024ENTERPRISE CRUDE OIL LLCDIAMONDBACK E&P LLC
08-38324FRANKLIN FARMS "11"Aug 2024OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-38324FRANKLIN FARMS "11"Jul 2024OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-38157FRANKLIN "23"Jul 2024ENTERPRISE CRUDE OIL LLCDIAMONDBACK E&P LLC
08-38324FRANKLIN FARMS "11"Jun 2024OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-38157FRANKLIN "23"Jun 2024ENTERPRISE CRUDE OIL LLCDIAMONDBACK E&P LLC
08-38157FRANKLIN "23"May 2024BRAZOS MIDSTREAM OPERATING, LLCDIAMONDBACK E&P LLC
08-38157FRANKLIN "23"May 2024ENTERPRISE CRUDE OIL LLCDIAMONDBACK E&P LLC
08-38157FRANKLIN "23"May 2024DIAMONDBACK E&P LLC
08-38324FRANKLIN FARMS "11"May 2024OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-38157FRANKLIN "23"Apr 2024DIAMONDBACK E&P LLC
08-38157FRANKLIN "23"Apr 2024BRAZOS MIDSTREAM OPERATING, LLCDIAMONDBACK E&P LLC
08-38157FRANKLIN "23"Apr 2024ENTERPRISE CRUDE OIL LLCDIAMONDBACK E&P LLC
08-38324FRANKLIN FARMS "11"Apr 2024OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-38157FRANKLIN "23"Mar 2024ENTERPRISE CRUDE OIL LLCDIAMONDBACK E&P LLC
08-38324FRANKLIN FARMS "11"Mar 2024OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-38324FRANKLIN FARMS "11"Feb 2024OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-38157FRANKLIN "23"Feb 2024ENTERPRISE CRUDE OIL LLCDIAMONDBACK E&P LLC
08-38157FRANKLIN "23"Jan 2024ENTERPRISE CRUDE OIL LLCDIAMONDBACK E&P LLC
08-38157FRANKLIN "23"Dec 2023BRAZOS MIDSTREAM OPERATING, LLCDIAMONDBACK E&P LLC
08-38157FRANKLIN "23"Dec 2023DIAMONDBACK E&P LLC