Franklin

Oil & Gas Property in Martin County, TX

Property Summary

Key data points for Franklin

CountyMartin County, TX
Production DatesJan 1993 - Nov 2025
Total Oil Production405,453 BBLs
Total Gas Production458,344 MCF
Recent Oil Production974 BBLs in Oct 2025
Recent Gas Production0 MCF in Oct 2025
Wells on Property7

Our Valuation Estimates for Franklin

ShaleAssessment

$55,745 *

MarketMultiple

$118,341 **

* 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 Nov 2025

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

Nearby Properties

These are the closest 20 properties to the Franklin property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Alex '20'Martin County, TX464 BBLs0 MCFNov 2025
Allar-Callaway 27Martin County, TX119,300 BBLs211,148 MCFNov 2025
BrooksMartin County, TX534 BBLs0 MCFNov 2025
BrownMartin County, TX643 BBLs458 MCFNov 2025
Brown PrudieMartin County, TX323 BBLs0 MCFNov 2025
Elrod 19Martin County, TX268 BBLs268 MCFNov 2025
Five Way 15Martin County, TX2,523 BBLs10,497 MCFNov 2025
HallMartin County, TX0 BBLs0 MCFNov 2025
KuhlmanMartin County, TX0 BBLs0 MCFNov 2023
MerrickMartin County, TX18,626 BBLs15,062 MCFNov 2025
MildredMartin County, TX4 BBLs31 MCFNov 2025
MorrisonMartin County, TX1,004 BBLs0 MCFNov 2025
PeughMartin County, TX874 BBLs1,806 MCFNov 2025
Pyke UnitMartin County, TX24,875 BBLs18,068 MCFNov 2025
SawyerMartin County, TX0 BBLs0 MCFDec 2024
Shark 14-23 (AllocMartin County, TX10,082 BBLs43,380 MCFNov 2025
StubblefieldMartin County, TX118 BBLs584 MCFNov 2025
ThomasMartin County, TX0 BBLs21 MCFNov 2025
WalkerMartin County, TX11,818 BBLs78,429 MCFNov 2025
Yates UnitMartin County, TX1,111 BBLs0 MCFNov 2025

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"Dec 2025EXPLORE LOGISTICS LLCDIAMONDBACK E&P LLC
08-38157FRANKLIN "23"Dec 2025ENTERPRISE CRUDE OIL LLCDIAMONDBACK E&P LLC
08-38157FRANKLIN "23"Nov 2025ENTERPRISE CRUDE OIL LLCDIAMONDBACK E&P LLC
08-38324FRANKLIN FARMS "11"Oct 2025EXPLORE LOGISTICS LLCDIAMONDBACK E&P LLC
08-38157FRANKLIN "23"Oct 2025ENTERPRISE CRUDE OIL 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
08-38324FRANKLIN FARMS "11"Apr 2025EXPLORE LOGISTICS LLCDIAMONDBACK E&P LLC
08-38157FRANKLIN "23"Apr 2025ENTERPRISE CRUDE OIL LLCDIAMONDBACK E&P LLC
08-38157FRANKLIN "23"Mar 2025ENTERPRISE CRUDE OIL LLCDIAMONDBACK E&P LLC
08-38324FRANKLIN FARMS "11"Mar 2025CHEVRON U.S.A. INC.DIAMONDBACK E&P LLC
08-38157FRANKLIN "23"Feb 2025ENTERPRISE CRUDE OIL LLCDIAMONDBACK E&P LLC
08-38324FRANKLIN FARMS "11"Feb 2025CHEVRON U.S.A. INC.DIAMONDBACK E&P LLC
08-38324FRANKLIN FARMS "11"Jan 2025CHEVRON U.S.A. INC.DIAMONDBACK E&P LLC
08-38157FRANKLIN "23"Jan 2025ENTERPRISE CRUDE OIL LLCDIAMONDBACK E&P LLC
08-38157FRANKLIN "23"Jan 2025ENERGY TRANSFER CRUDE MARKETING LLCDIAMONDBACK E&P LLC