Franklin

Oil & Gas Property in Martin County, TX

Property Summary

Key data points for Franklin

CountyMartin County, TX
Production DatesJan 1993 - Sep 2024
Total Oil Production388,985 BBLs
Total Gas Production450,679 MCF
Recent Oil Production1,810 BBLs in Aug 2024
Recent Gas Production5,482 MCF in Aug 2024
Wells on Property7

Our Valuation Estimates for Franklin

ShaleAssessment

$67,911 *

MarketMultiple

$152,536 **

* 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 Sep 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 1ENDEAVOR ENERGY RESOURCES L.P.ProducingMartin County, TX32.355681-101.824260
42-317-34978FRANKLIN FARMS 11 2ENDEAVOR ENERGY RESOURCES L.P.ProducingMartin 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"ENDEAVOR ENERGY RESOURCES L.P.Martin County, TX

Nearby Properties

These are the closest 20 properties to the Franklin property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BrooksMartin County, TX0 BBLs0 MCFSep 2024
BrownMartin County, TX1,209 BBLs372 MCFSep 2024
Brown PrudieMartin County, TX464 BBLs1,540 MCFSep 2024
Elrod 19Martin County, TX1,532 BBLs0 MCFSep 2024
Five Way 15Martin County, TX2,655 BBLs3,209 MCFSep 2024
HallMartin County, TX0 BBLs0 MCFJul 2023
KuhlmanMartin County, TX0 BBLs0 MCFNov 2023
MerrickMartin County, TX18,796 BBLs56,203 MCFSep 2024
MildredMartin County, TX0 BBLs0 MCFSep 2024
MorrisonMartin County, TX0 BBLs0 MCFSep 2024
PeughMartin County, TX1,311 BBLs1,134 MCFSep 2024
Prudie 9 1Martin County, TX418 BBLs0 MCFSep 2024
Pyke UnitMartin County, TX28,225 BBLs154,102 MCFSep 2024
RomanMartin County, TX3,044 BBLs264 MCFSep 2024
SawyerMartin County, TX0 BBLs0 MCFJul 2024
Shark 14-23 (AllocMartin County, TX13,892 BBLs43,680 MCFSep 2024
StubblefieldMartin County, TX439 BBLs1,198 MCFSep 2024
ThomasMartin County, TX361 BBLs605 MCFSep 2024
WalkerMartin County, TX15,866 BBLs68,537 MCFSep 2024
Yates UnitMartin County, TX48 BBLs0 MCFSep 2024

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
08-38324FRANKLIN FARMS "11"Aug 2024OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-38157FRANKLIN "23"Jul 2024ENTERPRISE CRUDE OIL LLCDIAMONDBACK E&P LLC
08-38324FRANKLIN FARMS "11"Jul 2024OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-38157FRANKLIN "23"Jun 2024ENTERPRISE CRUDE OIL LLCDIAMONDBACK E&P LLC
08-38324FRANKLIN FARMS "11"Jun 2024OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-38324FRANKLIN FARMS "11"May 2024OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-38157FRANKLIN "23"May 2024DIAMONDBACK E&P LLC
08-38157FRANKLIN "23"May 2024ENTERPRISE CRUDE OIL LLCDIAMONDBACK E&P LLC
08-38157FRANKLIN "23"May 2024BRAZOS MIDSTREAM OPERATING, LLCDIAMONDBACK E&P LLC
08-38157FRANKLIN "23"Apr 2024BRAZOS MIDSTREAM OPERATING, LLCDIAMONDBACK E&P LLC
08-38157FRANKLIN "23"Apr 2024DIAMONDBACK 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.
08-38157FRANKLIN "23"Feb 2024ENTERPRISE CRUDE OIL LLCDIAMONDBACK E&P LLC
08-38324FRANKLIN FARMS "11"Feb 2024OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-38157FRANKLIN "23"Jan 2024ENTERPRISE CRUDE OIL LLCDIAMONDBACK E&P LLC
08-38157FRANKLIN "23"Dec 2023DIAMONDBACK E&P LLC
08-38157FRANKLIN "23"Dec 2023ENTERPRISE CRUDE OIL LLCDIAMONDBACK E&P LLC
08-38157FRANKLIN "23"Dec 2023BRAZOS MIDSTREAM OPERATING, LLCDIAMONDBACK E&P LLC
08-38324FRANKLIN FARMS "11"Dec 2023OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-38157FRANKLIN "23"Nov 2023BRAZOS MIDSTREAM OPERATING, LLCDIAMONDBACK E&P LLC
08-38157FRANKLIN "23"Nov 2023DIAMONDBACK E&P LLC
08-38157FRANKLIN "23"Nov 2023ENTERPRISE CRUDE OIL LLCDIAMONDBACK E&P LLC