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 - Jan 2026
Total Oil Production406,917 BBLs
Total Gas Production458,351 MCF
Recent Oil Production798 BBLs in Dec 2025
Recent Gas Production7 MCF in Dec 2025
Wells on Property7

Our Valuation Estimates for Franklin

ShaleAssessment™

$54,192 *

MarketMultiple™

$111,510 **

* 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
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for Franklin
from Jan 1993 to Jan 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.Monthly Gas 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, TX79,030 BBLs143,524 MCFJan 2026
BrooksMartin County, TX585 BBLs0 MCFJan 2026
BrownMartin County, TX622 BBLs680 MCFJan 2026
Brown PrudieMartin County, TX295 BBLs0 MCFJan 2026
Elrod 19Martin County, TX708 BBLs239 MCFJan 2026
Five Way 15Martin County, TX3,844 BBLs12,931 MCFJan 2026
HallMartin County, TX43 BBLs0 MCFJan 2026
MassasaugaMartin County, TX42,242 BBLs158,513 MCFJan 2026
MerrickMartin County, TX9,448 BBLs57,543 MCFJan 2026
MildredMartin County, TX3 BBLs31 MCFJan 2026
MorrisonMartin County, TX947 BBLs0 MCFJan 2026
PeughMartin County, TX952 BBLs1,933 MCFJan 2026
Prudie "9"Martin County, TX580 BBLs318 MCFJan 2026
Pyke UnitMartin County, TX11,502 BBLs93,821 MCFJan 2026
SawyerMartin County, TX0 BBLs0 MCFDec 2024
Shark 14-23 (AllocMartin County, TX8,349 BBLs27,401 MCFJan 2026
StubblefieldMartin County, TX135 BBLs252 MCFJan 2026
ThomasMartin County, TX0 BBLs59 MCFJan 2026
WalkerMartin County, TX12,858 BBLs71,943 MCFJan 2026
Yates UnitMartin County, TX1,392 BBLs0 MCFJan 2026

Companies in the Area

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

Company Name
Breitburn Operating LP
Cox, John L.
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
Oxyrock Operating, LLC
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"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