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 - Apr 2025
Total Oil Production218,169 BBLs
Total Gas Production344,186 MCF
Recent Oil Production261 BBLs in Mar 2025
Recent Gas Production269 MCF in Mar 2025
Wells on Property5

Our Valuation Estimates for Franklin

ShaleAssessment™

$41,576 *

MarketMultiple™

$41,327 **

* 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 Feb 2007 to Apr 2025

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, TX52,213 BBLs211,950 MCFApr 2025
Bell Ringer 31Martin County, TX215 BBLs2,179 MCFApr 2025
Bessie 44Martin County, TX22,148 BBLs89,190 MCFApr 2025
Jim-Mims 45Martin County, TX30,862 BBLs47,377 MCFApr 2025
Kelly-Iverson 5Martin County, TX63,867 BBLs119,267 MCFApr 2025
MartinMartin County, TX0 BBLs0 MCFFeb 2025
MimsMartin County, TX0 BBLs0 MCFNov 2023
PowellMartin County, TX0 BBLs0 MCFApr 2025
RigganMartin County, TX0 BBLs0 MCFJan 2025
Simms 30-18Martin County, TX334,722 BBLs940,176 MCFApr 2025
Soto 43-7 (AllocMartin County, TX15,908 BBLs41,866 MCFApr 2025
Stone 39Martin County, TX0 BBLs0 MCFFeb 2025
Temple Fork 32-20Martin County, TX450,192 BBLs986,865 MCFApr 2025
Tom 4Martin County, TX220 BBLs0 MCFApr 2025
Tom JimMartin County, TX0 BBLs0 MCFJun 2024
Tom RMartin County, TX0 BBLs0 MCFJun 2023
Twiss 41Martin County, TX0 BBLs0 MCFJun 2020
VaughnMartin County, TX560 BBLs437 MCFApr 2025
WebsterMartin County, TX11 BBLs135 MCFApr 2025
Welch 48Martin County, TX724 BBLs1,246 MCFApr 2025

Companies in the Area

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

Company Name
Alta Energy Corporation
Arya Resources, LLC
Berry Oil Comp.
Breitburn Operating LP
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
Meritage Energy Company LLC
Odessa Exploration, Inc.
Ovintiv USA Inc.
Oxyrock Operating, LLC
Pioneer Natural Res. USA, Inc.
Scout Energy Management LLC
Stephens, Autry C.
XTO Energy Inc.

Frac'ing activity on Franklin

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-317-36244Franklin 41 #5
42-317-36248Franklin 41 #4

Owners of Franklin

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024PIONEER NATURAL RES (WI)FRANKLIN "41" #2-4PIONEER NATURAL RES
2024FRANKLIN JAMES WENDELLFRANKLIN "41" #2-4PIONEER NATURAL RES
2024HALE TERRY DFRANKLIN "41" #2-4PIONEER NATURAL RES
2024ATKINS DONNA E CAREYFRANKLIN "41" #2-4PIONEER NATURAL RES
2024BRANSTINE DEWAINE L & FRANCESFRANKLIN "41" #2-4PIONEER NATURAL RES
2024RRIG EP II LLCFRANKLIN "41" #2-4PIONEER NATURAL RES
2024SHEDHORN ROYALTIESFRANKLIN "41" #2-4PIONEER NATURAL RES
2024STRATFORD INVESTMENTSFRANKLIN "41" #2-4PIONEER NATURAL RES
Displaying 8 of 23 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"Apr 2025SHELL TRADING (US) COMPANYPIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Mar 2025SHELL TRADING (US) COMPANYPIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Mar 2025PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Mar 2025PIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Feb 2025SHELL TRADING (US) COMPANYPIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Feb 2025PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Feb 2025PIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Jan 2025SHELL TRADING (US) COMPANYPIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Jan 2025PIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Jan 2025PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Dec 2024PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Dec 2024PIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Nov 2024SHELL TRADING (US) COMPANYPIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Nov 2024PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Nov 2024PIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Oct 2024PIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Oct 2024PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Oct 2024SHELL TRADING (US) COMPANYPIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Sep 2024SHELL TRADING (US) COMPANYPIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Sep 2024PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Sep 2024PIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Aug 2024SHELL TRADING (US) COMPANYPIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Aug 2024PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Aug 2024PIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Jul 2024PIONEER NATURAL RESOURCES USA, INC.