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
Production DatesJan 1993 - Mar 2026
Total Oil Production408,711 BBLs
Total Gas Production458,500 MCF
Recent Oil Production122 BBLs in Feb 2026
Recent Gas Production0 MCF in Feb 2026
Wells on Property7

Our Valuation Estimates for Franklin

ShaleAssessment™

$52,797 *

MarketMultiple™

$89,749 **

* 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 Jan 1993 to Mar 2026

Wells on Franklin

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-317-32498FRANKLIN 1HOUSTON OIL & MINERALS CORP.Plugged Oil WellMartin County, TX32.350213-101.862686
42-317-33951FRANKLIN FARMS 1RAND OIL & GAS CORP.Plugged Oil WellMartin County, TX32.356364-101.837845
42-317-34734FRANKLIN 23 1DIAMONDBACK E&P LLCProducingMartin County, TX32.347257-101.861585
42-317-34735FRANKLIN 23 2DIAMONDBACK E&P LLCProducingMartin County, TX32.340244-101.859331
42-317-34872FRANKLIN FARMS 11 1DIAMONDBACK E&P LLCProducingMartin County, TX32.355681-101.824260
42-317-34978FRANKLIN FARMS 11 2DIAMONDBACK E&P LLCProducingMartin County, TX32.353870-101.832659
42-317-36302FRANKLIN 23 3DIAMONDBACK E&P LLCShut InMartin County, TX32.352680-101.860038

Leases included in Franklin

Lease #Lease NameOperatorCountyMonthly Oil Prod.
08-27447FRANKLINPERMIAN RESOURCES, INC.Martin County, TX
08-34219FRANKLIN FARMSRAND OIL & GAS CORP.Martin County, TX
08-38157FRANKLIN "23"DIAMONDBACK E&P LLCMartin County, TX
08-38324FRANKLIN FARMS "11"DIAMONDBACK E&P LLCMartin County, TX

Operators Associated With Franklin

Nearby Properties

These are the closest 20 properties to the Franklin property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Allar-Callaway 27Martin County, TX68,717 BBLs99,986 MCFMar 2026
BrooksMartin County, TX503 BBLs0 MCFMar 2026
BrownMartin County, TX440 BBLs204 MCFMar 2026
Brown PrudieMartin County, TX280 BBLs0 MCFMar 2026
Five Way 15Martin County, TX3,058 BBLs10,847 MCFMar 2026
HallMartin County, TX24 BBLs0 MCFMar 2026
KuhlmanMartin County, TX0 BBLs0 MCFNov 2023
MassasaugaMartin County, TX32,784 BBLs114,549 MCFMar 2026
MerrickMartin County, TX16,923 BBLs84,268 MCFMar 2026
MildredMartin County, TX2 BBLs0 MCFMar 2026
MorrisonMartin County, TX828 BBLs0 MCFMar 2026
PeughMartin County, TX973 BBLs601 MCFMar 2026
Pyke UnitMartin County, TX19,502 BBLs123,635 MCFMar 2026
RomanMartin County, TX1,724 BBLs472 MCFMar 2026
SawyerMartin County, TX0 BBLs0 MCFDec 2024
Shark 14-23 (AllocMartin County, TX2,336 BBLs7,662 MCFMar 2026
StubblefieldMartin County, TX0 BBLs0 MCFJan 2026
ThomasMartin County, TX0 BBLs24 MCFMar 2026
WalkerMartin County, TX7,057 BBLs32,964 MCFMar 2026
Yates UnitMartin County, TX1,230 BBLs0 MCFMar 2026

Companies in the Area

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

Company Name
Breitburn Operating LP
Burleson Petroleum, Inc.
De3 Operating LLC
Diamondback E&P LLC
Endeavor Energy Resources, LP
Escondido Bay Corporation
Extex Operating Company
Guidon Energy MGMT Services LLC
Linn Operating, Inc.
Merit Energy Company
MGF Oil Corporation
New Height Energy, LLC
Oxyrock Operating, LLC
Petroplex Energy Inc.
Pioneer Natural Res. USA, Inc.
R K Petroleum Corp.
Santa Fe Energy Resources, Inc.
Terrace Petroleum Corporation
Xeric Oil & Gas Corporation
XTO Energy Inc.

Owners of Franklin

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025DIAMONDBACK E&P LLCFRANKLIN "23"DIAMONDBACK E&P
2025DIAMONDBACK E&P LLCFRANKLIN FARMS -11- #1 & #2DIAMONDBACK E&P LLC
2025DG ROYALTY LLCFRANKLIN "23"DIAMONDBACK E&P
2025COBBLESTONE MINERALS LPFRANKLIN FARMS -11- #1 & #2DIAMONDBACK E&P LLC
2025BLACKGOLD SPV V LPFRANKLIN FARMS -11- #1 & #2DIAMONDBACK E&P LLC
2025TRINITY UNIVERSITYFRANKLIN FARMS -11- #1 & #2DIAMONDBACK E&P LLC
2025SEARS CLAUDE LANCEFRANKLIN "23"DIAMONDBACK E&P
2025ENDEAVOR ENERGY RESOURCESFRANKLIN "23"DIAMONDBACK E&P
Displaying 8 of 58 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
08-38324FRANKLIN FARMS "11"Feb 2026EXPLORE LOGISTICS LLCDIAMONDBACK E&P LLC
08-38324FRANKLIN FARMS "11"Jan 2026EXPLORE LOGISTICS LLCDIAMONDBACK E&P LLC
08-38157FRANKLIN "23"Jan 2026ENTERPRISE CRUDE OIL LLCDIAMONDBACK E&P LLC
08-38157FRANKLIN "23"Dec 2025ENTERPRISE CRUDE OIL LLCDIAMONDBACK E&P LLC
08-38157FRANKLIN "23"Dec 2025ET GATHERING & PROCESSING LLCDIAMONDBACK E&P LLC
08-38324FRANKLIN FARMS "11"Dec 2025EXPLORE LOGISTICS LLCDIAMONDBACK E&P LLC
08-38157FRANKLIN "23"Nov 2025ENTERPRISE CRUDE OIL LLCDIAMONDBACK E&P LLC
08-38157FRANKLIN "23"Oct 2025ENTERPRISE CRUDE OIL LLCDIAMONDBACK E&P LLC
08-38324FRANKLIN FARMS "11"Oct 2025EXPLORE LOGISTICS LLCDIAMONDBACK E&P LLC
08-38324FRANKLIN FARMS "11"Sep 2025EXPLORE LOGISTICS LLCDIAMONDBACK E&P LLC
08-38157FRANKLIN "23"Sep 2025ENTERPRISE CRUDE OIL LLCDIAMONDBACK E&P LLC
08-38157FRANKLIN "23"Sep 2025ET GATHERING & PROCESSING LLCDIAMONDBACK E&P LLC
08-38157FRANKLIN "23"Aug 2025ENTERPRISE CRUDE OIL LLCDIAMONDBACK E&P LLC
08-38324FRANKLIN FARMS "11"Aug 2025EXPLORE LOGISTICS LLCDIAMONDBACK E&P LLC
08-38157FRANKLIN "23"Jul 2025ENTERPRISE CRUDE OIL LLCDIAMONDBACK E&P LLC
08-38324FRANKLIN FARMS "11"Jul 2025EXPLORE LOGISTICS LLCDIAMONDBACK E&P LLC
08-38324FRANKLIN FARMS "11"Jun 2025EXPLORE LOGISTICS LLCDIAMONDBACK E&P LLC
08-38157FRANKLIN "23"Jun 2025ENTERPRISE CRUDE OIL LLCDIAMONDBACK E&P LLC
08-38157FRANKLIN "23"May 2025ENTERPRISE CRUDE OIL LLCDIAMONDBACK E&P LLC
08-38324FRANKLIN FARMS "11"May 2025EXPLORE LOGISTICS LLCDIAMONDBACK E&P LLC
08-38157FRANKLIN "23"Apr 2025ENERGY TRANSFER CRUDE MARKETING LLCDIAMONDBACK E&P LLC
08-38157FRANKLIN "23"Apr 2025ENTERPRISE CRUDE OIL LLCDIAMONDBACK E&P LLC
08-38324FRANKLIN FARMS "11"Apr 2025EXPLORE LOGISTICS LLCDIAMONDBACK E&P LLC
08-38324FRANKLIN FARMS "11"Mar 2025CHEVRON U.S.A. INC.DIAMONDBACK E&P LLC
08-38157FRANKLIN "23"Mar 2025ENTERPRISE CRUDE OIL LLCDIAMONDBACK E&P LLC