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 Production116 BBLs in Aug 2025
Recent Gas Production116 MCF in Aug 2025
Wells on Property3

Our Valuation Estimates for Franklin 18

ShaleAssessment™

$15,262 *

MarketMultiple™

$8,052 **

* 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 LLCProducingMartin County, TX32.312567-101.961473
42-317-39501FRANKLIN 18 2DIAMONDBACK E&P LLCShut InMartin 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 NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
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, TX665 BBLs0 MCFSep 2025
CastleMartin County, TX0 BBLs0 MCFMay 2025
Cora 18Martin County, TX212 BBLs0 MCFSep 2025
HensonMartin County, TX94 BBLs0 MCFSep 2025
HollowayMartin County, TX0 BBLs0 MCFSep 2025
HowardMartin County, TX221 BBLs0 MCFSep 2025
JohnMartin County, TX8,471 BBLs69,606 MCFSep 2025
Joy AMartin County, TX229 BBLs0 MCFSep 2025
LindsayMartin County, TX0 BBLs0 MCFAug 2019
MadisonMartin County, TX0 BBLs0 MCFJun 2024
MarieMartin County, TX6,601 BBLs17,985 MCFSep 2025
Mattingley 14Martin County, TX11,672 BBLs140,090 MCFSep 2025
McLintock 1Martin County, TX234,219 BBLs598,319 MCFSep 2025
McMorriesMartin County, TX0 BBLs0 MCFFeb 2022
Silverback 13-8 Unit 1Martin County, TX14,010 BBLs81,939 MCFSep 2025
ThelmaMartin County, TX3,025 BBLs21,514 MCFSep 2025
ThelmaMartin County, TX1,888 BBLs2,831 MCFSep 2025
True Grit 16-17Martin County, TX7,658 BBLs5,291 MCFSep 2025
WoodwardMartin County, TX8,718 BBLs72,278 MCFSep 2025
You Jane 20-25 Unit 1Martin County, TX24,268 BBLs112,185 MCFSep 2025

Companies in the Area

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

Company Name
Beach Exploration, Inc.
Breitburn Operating LP
Brown Tom Inc
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 LP
Latigo Petroleum Texas, LP
MGF Oil Corporation
Midland Energy, Inc.
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 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
08-45105FRANKLIN 18Jan 2024ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK E&P LLC
08-45105FRANKLIN 18Dec 2023DIAMONDBACK E&P LLC
08-45105FRANKLIN 18Dec 2023ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK E&P LLC
08-45105FRANKLIN 18Nov 2023DIAMONDBACK E&P LLC
08-45105FRANKLIN 18Nov 2023ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK E&P LLC