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 - Jan 2024
Total Oil Production212,470 BBLs
Total Gas Production337,977 MCF
Recent Oil Production502 BBLs in Dec 2023
Recent Gas Production394 MCF in Dec 2023
Wells on Property5

Our Valuation Estimates for Franklin

ShaleAssessment™

$55,901 *

MarketMultiple™

$36,507 **

* 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 Jan 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, TX144,396 BBLs394,080 MCFJan 2024
Bell Ringer 31Martin County, TX499 BBLs1,843 MCFJan 2024
Bessie 44Martin County, TX39,949 BBLs114,157 MCFJan 2024
CarlileMartin County, TX0 BBLs0 MCFJan 2024
HowardMartin County, TX876 BBLs579 MCFJan 2024
Loomis 31-43Martin County, TX48,386 BBLs144,710 MCFJan 2024
MartinMartin County, TX318 BBLs31 MCFJan 2024
MimsMartin County, TX11 BBLs11 MCFDec 2023
Moonshine 37-25Martin County, TX174,854 BBLs425,806 MCFJan 2024
PowellMartin County, TX88 BBLs0 MCFJan 2024
RigganMartin County, TX1,098 BBLs217 MCFJan 2024
Soto 43-7 (AllocMartin County, TX18,382 BBLs47,326 MCFJan 2024
Stone 39Martin County, TX529 BBLs479 MCFJan 2024
Tom 4Martin County, TX276 BBLs0 MCFJan 2024
Tom JimMartin County, TX304 BBLs1,059 MCFJan 2024
Tom RMartin County, TX0 BBLs0 MCFJun 2023
Twiss 41Martin County, TX0 BBLs0 MCFJun 2020
VaughnMartin County, TX396 BBLs93 MCFJan 2024
WebsterMartin County, TX475 BBLs63 MCFJan 2024
WilsonMartin County, TX128 BBLs155 MCFJan 2024

Companies in the Area

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

Company Name
Alta Energy Corporation
Arya Resources, LLC
Breitburn Operating, LP
Crownquest Operating, LLC
Cutbow Operating, LLC
De IV Operating, LLC
Diamondback E&P LLC
Endeavor Energy Resources, LP
Extex Operating Company
Hanley Petroleum Inc.
Hunt Oil Company
L.C.S. Production Company
Mariner Energy, Inc.
Merit Energy Company
Odessa Exploration, Inc.
Ovintiv USA Inc.
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
2023PIONEER NATURAL RES (WI)FRANKLIN "41" #2-4PIONEER NATURAL RES
2023FRANKLIN JAMES WENDELLFRANKLIN "41" #2-4PIONEER NATURAL RES
2023ATKINS DONNA E CAREYFRANKLIN "41" #2-4PIONEER NATURAL RES
2023HALE TERRY DFRANKLIN "41" #2-4PIONEER NATURAL RES
2023BRANSTINE DEWAINE L & FRANCESFRANKLIN "41" #2-4PIONEER NATURAL RES
2023EPR ENERGY LLCFRANKLIN "41" #2-4PIONEER NATURAL RES
2023STRATFORD INVESTMENTSFRANKLIN "41" #2-4PIONEER NATURAL RES
2023DONALD JAMES RAY JRFRANKLIN "41" #2-4PIONEER NATURAL RES
Displaying 8 of 24 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"Nov 2023PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Nov 2023PIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Nov 2023SHELL TRADING (US) COMPANYPIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Oct 2023SHELL TRADING (US) COMPANYPIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Oct 2023PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Sep 2023PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Sep 2023SHELL TRADING (US) COMPANYPIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Aug 2023PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Jul 2023PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Jul 2023SHELL TRADING (US) COMPANYPIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Jun 2023SHELL TRADING (US) COMPANYPIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Jun 2023PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"May 2023SHELL TRADING (US) COMPANYPIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"May 2023PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Apr 2023SHELL TRADING (US) COMPANYPIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Apr 2023PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Mar 2023PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Mar 2023SHELL TRADING (US) COMPANYPIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Feb 2023PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Jan 2023PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Dec 2022SHELL TRADING (US) COMPANYPIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Dec 2022PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Nov 2022SHELL TRADING (US) COMPANYPIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Nov 2022PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Oct 2022PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.