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 - Oct 2025
Total Oil Production404,698 BBLs
Total Gas Production458,344 MCF
Recent Oil Production1,009 BBLs in Sep 2025
Recent Gas Production1 MCF in Sep 2025
Wells on Property7

Our Valuation Estimates for Franklin

ShaleAssessment™

$56,601 *

MarketMultiple™

$135,269 **

* 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 Oct 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.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
Alex '20'Martin County, TX706 BBLs0 MCFOct 2025
Allar-Callaway 27Martin County, TX132,240 BBLs202,684 MCFOct 2025
BrooksMartin County, TX739 BBLs0 MCFOct 2025
BrownMartin County, TX458 BBLs1,118 MCFOct 2025
Brown PrudieMartin County, TX409 BBLs69 MCFOct 2025
Elrod 19Martin County, TX310 BBLs420 MCFOct 2025
Five Way 15Martin County, TX4,353 BBLs11,825 MCFOct 2025
HallMartin County, TX0 BBLs0 MCFAug 2025
KuhlmanMartin County, TX0 BBLs0 MCFNov 2023
MerrickMartin County, TX19,854 BBLs129,514 MCFOct 2025
MildredMartin County, TX6 BBLs30 MCFOct 2025
MorrisonMartin County, TX498 BBLs0 MCFOct 2025
PeughMartin County, TX1,271 BBLs840 MCFOct 2025
Pyke UnitMartin County, TX23,444 BBLs140,868 MCFOct 2025
SawyerMartin County, TX0 BBLs0 MCFDec 2024
Shark 14-23 (AllocMartin County, TX10,335 BBLs42,961 MCFOct 2025
StubblefieldMartin County, TX136 BBLs376 MCFOct 2025
ThomasMartin County, TX0 BBLs22 MCFOct 2025
WalkerMartin County, TX12,869 BBLs83,603 MCFOct 2025
Yates UnitMartin County, TX999 BBLs0 MCFOct 2025

Companies in the Area

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

Company Name
Breitburn Operating LP
Burleson Petroleum, Inc.
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
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