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 - Jun 2026
Total Oil Production221,447 BBLs
Total Gas Production348,859 MCF
Recent Oil Production230 BBLs in May 2026
Recent Gas Production444 MCF in May 2026
Wells on Property5

Our Valuation Estimates for Franklin

ShaleAssessment™

$35,641 *

MarketMultiple™

$31,507 **

* 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
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to oil and gas production for Franklin
from Feb 2007 to Jun 2026

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
Bell Ringer 31Martin County, TX188 BBLs3,536 MCFJun 2026
Bessie 44Martin County, TX11,963 BBLs84,202 MCFJun 2026
Jim-Mims 45Martin County, TX20,224 BBLs47,479 MCFJun 2026
Kelly-Iverson 5Martin County, TX31,969 BBLs82,571 MCFJun 2026
MartinMartin County, TX0 BBLs0 MCFFeb 2025
MimsMartin County, TX0 BBLs0 MCFNov 2023
PowellMartin County, TX207 BBLs0 MCFJun 2026
Redington 43-18Martin County, TX230,846 BBLs523,469 MCFJun 2026
RigganMartin County, TX0 BBLs0 MCFJan 2025
Ross 48-1Martin County, TX65,872 BBLs107,463 MCFJun 2026
Soto 43-7 (AllocMartin County, TX10,316 BBLs15,579 MCFJun 2026
Stone 39Martin County, TX0 BBLs0 MCFAug 2025
Suncloud 48-1Martin County, TX72,603 BBLs111,028 MCFJun 2026
Temple Fork 32-20Martin County, TX101,843 BBLs585,083 MCFJun 2026
Tom 4Martin County, TX274 BBLs156 MCFJun 2026
Tom JimMartin County, TX0 BBLs0 MCFMar 2024
Tom RMartin County, TX0 BBLs0 MCFJun 2023
Twiss 41Martin County, TX0 BBLs0 MCFJun 2020
VaughnMartin County, TX211 BBLs568 MCFJun 2026
WebsterMartin County, TX0 BBLs0 MCFJul 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
New Height Energy, LLC
Odessa Exploration, Inc.
Oxyrock Operating, LLC
Parsley Energy Operations, LLC
Pioneer Natural Res. USA, Inc.
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
2026PIONEER NATURAL RES (WI)FRANKLIN "41" #2-4PIONEER NATURAL RES

Oil & Gas Sales on Franklin

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-38122FRANKLIN "41"Jun 2026SHELL TRADING (US) COMPANYXTO ENERGY INC.
08-38122FRANKLIN "41"May 2026XTO ENERGY INC.XTO ENERGY INC.
08-38122FRANKLIN "41"May 2026XTO ENERGY INC.
08-38122FRANKLIN "41"May 2026XTO ENERGY INC.
08-38122FRANKLIN "41"May 2026XTO ENERGY INC.
08-38122FRANKLIN "41"Apr 2026XTO ENERGY INC.
08-38122FRANKLIN "41"Apr 2026XTO ENERGY INC.
08-38122FRANKLIN "41"Apr 2026XTO ENERGY INC.XTO ENERGY INC.
08-38122FRANKLIN "41"Apr 2026SHELL TRADING (US) COMPANYXTO ENERGY INC.
08-38122FRANKLIN "41"Mar 2026XTO ENERGY INC.XTO ENERGY INC.
08-38122FRANKLIN "41"Mar 2026XTO ENERGY INC.
08-38122FRANKLIN "41"Mar 2026XTO ENERGY INC.
08-38122FRANKLIN "41"Mar 2026SHELL TRADING (US) COMPANYXTO ENERGY INC.
08-38122FRANKLIN "41"Feb 2026XTO ENERGY INC.
08-38122FRANKLIN "41"Feb 2026SHELL TRADING (US) COMPANYXTO ENERGY INC.
08-38122FRANKLIN "41"Feb 2026XTO ENERGY INC.XTO ENERGY INC.
08-38122FRANKLIN "41"Feb 2026XTO ENERGY INC.
08-38122FRANKLIN "41"Jan 2026XTO ENERGY INC.XTO ENERGY INC.
08-38122FRANKLIN "41"Jan 2026XTO ENERGY INC.
08-38122FRANKLIN "41"Jan 2026XTO ENERGY INC.
08-38122FRANKLIN "41"Nov 2025EXXONMOBIL OIL CORPORATIONXTO ENERGY INC.
08-38122FRANKLIN "41"Nov 2025XTO ENERGY INC.XTO ENERGY INC.
08-38122FRANKLIN "41"Nov 2025XTO ENERGY INC.XTO ENERGY INC.
08-38122FRANKLIN "41"Oct 2025SHELL TRADING (US) COMPANYPIONEER NATURAL RESOURCES USA, INC.
08-38122FRANKLIN "41"Oct 2025PIONEER NATURAL RESOURCES USA, INC.PIONEER NATURAL RESOURCES USA, INC.