Franklin 18

Oil & Gas Property in Martin County, TX

  2. Texas
  3. Martin County, TX
  4. Oil & Gas Properties in Martin County, TX
  5. Franklin 18 Oil & Gas Property

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Property Summary

Key data points for Franklin 18

CountyMartin County, TX
Production DatesJan 2014 - Sep 2025
Total Oil Production82,592 BBLs
Total Gas Production211,651 MCF
Recent Oil ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property3

Our Valuation Estimates for Franklin 18

ShaleAssessment™

$15,262 *

MarketMultiple™

$5,845 **

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

Based on a decimal interest

Franklin 18 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Franklin 18
from Jan 2014 to Sep 2025

Wells on Franklin 18

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-317-38947FRANKLIN 18 1DIAMONDBACK E&P LLCShut InMartin County, TX32.312567-101.961473
42-317-39501FRANKLIN 18 2DIAMONDBACK E&P LLCProducingMartin County, TX32.312247-101.967040
42-317-39918FRANKLIN 18 3BREITBURN OPERATING L.P.Permitted LocationMartin County, TX32.311891-101.964359

Leases included in Franklin 18

Lease #Lease NameOperatorCounty
08-45105FRANKLIN 18DIAMONDBACK E&P LLCMartin County, TX

Operators Associated With Franklin 18

Nearby Properties

These are the closest 20 properties to the Franklin 18 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BrisenoMartin County, TX550 BBLs0 MCFJan 2026
CastleMartin County, TX0 BBLs0 MCFMay 2025
Cora 18Martin County, TX122 BBLs0 MCFJan 2026
HensonMartin County, TX90 BBLs0 MCFJan 2026
HollowayMartin County, TX188 BBLs240 MCFJan 2026
HowardMartin County, TX78 BBLs0 MCFDec 2025
JohnMartin County, TX7,926 BBLs60,326 MCFJan 2026
Joy AMartin County, TX232 BBLs0 MCFJan 2026
MadisonMartin County, TX0 BBLs0 MCFJun 2024
MarieMartin County, TX6,712 BBLs41,571 MCFJan 2026
Mattingley 14Martin County, TX11,998 BBLs132,707 MCFJan 2026
McLintock 1Martin County, TX197,412 BBLs569,201 MCFJan 2026
McMorriesMartin County, TX0 BBLs0 MCFFeb 2022
Sam 17Martin County, TX400 BBLs24 MCFJan 2026
Silverback 13-8 Unit 1Martin County, TX13,508 BBLs106,001 MCFJan 2026
ThelmaMartin County, TX2,479 BBLs19,568 MCFJan 2026
ThelmaMartin County, TX2,506 BBLs16,934 MCFJan 2026
True Grit 16-17Martin County, TX194,294 BBLs340,479 MCFJan 2026
WoodwardMartin County, TX6,474 BBLs62,652 MCFJan 2026
You Jane 20-25 Unit 1Martin County, TX25,132 BBLs182,072 MCFJan 2026

Companies in the Area

These are the closest 20 companies operating near the Franklin 18 property.

Company Name
Beach Exploration, Inc.
Breitburn Operating LP
Cox, John L.
Crownquest Operating, LLC
Diamondback E&P LLC
Element Petro Operating II, LLC
Endeavor Energy Resources, LP
Escondido Bay Corporation
Henry Petroleum Corp.
JM Cox Resources, L.P.
Latigo Petroleum Texas, LP
MGF Oil Corporation
Midland Energy, Inc.
Oxyrock Operating, LLC
Pioneer Natural Res. USA, Inc.
Qep Energy Company
R K Petroleum Corp.
Rittenhouse Oil & Gas Co.
Stephens, Autry C.
Tamarack Petroleum Company, Inc.

Frac'ing activity on Franklin 18

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-317-38947Franklin 18 #1
42-317-39501Franklin 18 #2

Owners of Franklin 18

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025DIAMONDBACK E&P LLCFRANKLIN 18DIAMONDBACK E&P LLC

Oil & Gas Sales on Franklin 18

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-45105FRANKLIN 18Sep 2025ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK E&P LLC
08-45105FRANKLIN 18Aug 2025ENTERPRISE CRUDE OIL LLCDIAMONDBACK E&P LLC
08-45105FRANKLIN 18Aug 2025ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK E&P LLC
08-45105FRANKLIN 18Jul 2025ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK E&P LLC
08-45105FRANKLIN 18Jun 2025ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK E&P LLC
08-45105FRANKLIN 18Mar 2025ENTERPRISE CRUDE OIL LLCDIAMONDBACK E&P LLC
08-45105FRANKLIN 18Feb 2025ENTERPRISE CRUDE OIL LLCDIAMONDBACK E&P LLC
08-45105FRANKLIN 18Oct 2024ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK E&P LLC
08-45105FRANKLIN 18Sep 2024ENTERPRISE CRUDE OIL LLCDIAMONDBACK E&P LLC
08-45105FRANKLIN 18Sep 2024ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK E&P LLC
08-45105FRANKLIN 18Aug 2024ENTERPRISE CRUDE OIL LLCDIAMONDBACK E&P LLC
08-45105FRANKLIN 18Aug 2024ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK E&P LLC
08-45105FRANKLIN 18Jul 2024ENTERPRISE CRUDE OIL LLCDIAMONDBACK E&P LLC
08-45105FRANKLIN 18Jul 2024ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK E&P LLC
08-45105FRANKLIN 18Jun 2024ENTERPRISE CRUDE OIL LLCDIAMONDBACK E&P LLC
08-45105FRANKLIN 18Jun 2024ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK E&P LLC
08-45105FRANKLIN 18May 2024ENTERPRISE CRUDE OIL LLCDIAMONDBACK E&P LLC
08-45105FRANKLIN 18May 2024ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK E&P LLC
08-45105FRANKLIN 18Apr 2024ENTERPRISE CRUDE OIL LLCDIAMONDBACK E&P LLC
08-45105FRANKLIN 18Apr 2024ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK E&P LLC
08-45105FRANKLIN 18Mar 2024ENTERPRISE CRUDE OIL LLCDIAMONDBACK E&P LLC
08-45105FRANKLIN 18Mar 2024ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK E&P LLC
08-45105FRANKLIN 18Feb 2024ENTERPRISE CRUDE OIL LLCDIAMONDBACK E&P LLC
08-45105FRANKLIN 18Feb 2024ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK E&P LLC
08-45105FRANKLIN 18Jan 2024ENTERPRISE CRUDE OIL LLCDIAMONDBACK E&P LLC