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 - Sep 2025
Total Oil Production403,724 BBLs
Total Gas Production458,344 MCF
Recent Oil Production1,313 BBLs in Aug 2025
Recent Gas Production0 MCF in Aug 2025
Wells on Property7

Our Valuation Estimates for Franklin

ShaleAssessment™

$57,438 *

MarketMultiple™

$143,997 **

* 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 Sep 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

Operators Associated With Franklin

Nearby Properties

These are the closest 20 properties to the Franklin property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Alex '20'Martin County, TX444 BBLs0 MCFSep 2025
Allar-Callaway 27Martin County, TX153,008 BBLs224,633 MCFSep 2025
BrooksMartin County, TX499 BBLs0 MCFSep 2025
BrownMartin County, TX734 BBLs935 MCFSep 2025
Brown PrudieMartin County, TX284 BBLs101 MCFSep 2025
Elrod 19Martin County, TX305 BBLs236 MCFSep 2025
Five Way 15Martin County, TX4,097 BBLs10,422 MCFSep 2025
HallMartin County, TX130 BBLs0 MCFAug 2025
KuhlmanMartin County, TX0 BBLs0 MCFNov 2023
MerrickMartin County, TX21,696 BBLs141,561 MCFSep 2025
MildredMartin County, TX2 BBLs31 MCFSep 2025
MorrisonMartin County, TX1,129 BBLs0 MCFSep 2025
PeughMartin County, TX1,144 BBLs721 MCFSep 2025
Pyke UnitMartin County, TX23,506 BBLs114,190 MCFSep 2025
SawyerMartin County, TX0 BBLs0 MCFDec 2024
Shark 14-23 (AllocMartin County, TX10,379 BBLs47,004 MCFSep 2025
StubblefieldMartin County, TX50 BBLs239 MCFSep 2025
ThomasMartin County, TX0 BBLs33 MCFSep 2025
WalkerMartin County, TX13,146 BBLs85,106 MCFSep 2025
Yates UnitMartin County, TX993 BBLs0 MCFSep 2025

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
Guidon Energy MGMT Services LLC
Linn Operating, Inc.
Merit Energy Company
MGF Oil Corporation
Oxyrock Operating, LLC
Parker & Parsley Development L.P
Petroplex Energy Inc.
Pioneer Natural Res. USA, Inc.
R K Petroleum Corp.
Santa Fe Energy Resources, Inc.
Scout Energy Management LLC
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"Apr 2025EXPLORE LOGISTICS LLCDIAMONDBACK E&P LLC
08-38157FRANKLIN "23"Apr 2025ENTERPRISE CRUDE OIL 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
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
08-38157FRANKLIN "23"Jan 2025ENTERPRISE CRUDE OIL LLCDIAMONDBACK E&P LLC
08-38324FRANKLIN FARMS "11"Jan 2025CHEVRON U.S.A. INC.DIAMONDBACK E&P LLC
08-38157FRANKLIN "23"Jan 2025ENERGY TRANSFER CRUDE MARKETING LLCDIAMONDBACK E&P LLC
08-38324FRANKLIN FARMS "11"Dec 2024CHEVRON U.S.A. INC.ENDEAVOR ENERGY RESOURCES, L.P.
08-38157FRANKLIN "23"Dec 2024ENTERPRISE CRUDE OIL LLCDIAMONDBACK E&P LLC
08-38157FRANKLIN "23"Nov 2024ENTERPRISE CRUDE OIL LLCDIAMONDBACK E&P LLC
08-38324FRANKLIN FARMS "11"Nov 2024CHEVRON U.S.A. INC.ENDEAVOR ENERGY RESOURCES, L.P.
08-38324FRANKLIN FARMS "11"Oct 2024OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-38157FRANKLIN "23"Oct 2024ENTERPRISE CRUDE OIL LLCDIAMONDBACK E&P LLC
08-38324FRANKLIN FARMS "11"Sep 2024OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-38157FRANKLIN "23"Sep 2024ENTERPRISE CRUDE OIL LLCDIAMONDBACK E&P LLC
08-38157FRANKLIN "23"Aug 2024ENTERPRISE CRUDE OIL LLCDIAMONDBACK E&P LLC
08-38324FRANKLIN FARMS "11"Aug 2024OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-38324FRANKLIN FARMS "11"Jul 2024OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-38157FRANKLIN "23"Jul 2024ENTERPRISE CRUDE OIL LLCDIAMONDBACK E&P LLC
08-38157FRANKLIN "23"Jun 2024ENTERPRISE CRUDE OIL LLCDIAMONDBACK E&P LLC
08-38324FRANKLIN FARMS "11"Jun 2024OASIS TRANSPORTATION AND MARKETING CORPORATIONENDEAVOR ENERGY RESOURCES, L.P.
08-38157FRANKLIN "23"May 2024ENTERPRISE CRUDE OIL LLCDIAMONDBACK E&P LLC
08-38157FRANKLIN "23"May 2024DIAMONDBACK E&P LLC