FRANKLIN HOME D

FRANKLIN HOME D is a Texas oil lease in Mcmullen County, Railroad Commission district 01, operated by Gulftex Energy, LLC. It has 1 wellbore on file with the Commission. Reported production runs from February 2024 to August 2026, totalling 187,071 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $2.4M, with roughly $1.1M expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 2,477 barrels a month. Its strongest month on the record we hold was March 2024, at 31,725 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.

Key facts about FRANKLIN HOME D

Who operates FRANKLIN HOME D?
FRANKLIN HOME D is operated by Gulftex Energy, LLC, Railroad Commission of Texas operator number 338751.
Where is FRANKLIN HOME D?
FRANKLIN HOME D is a Texas oil lease in Mcmullen County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 21422.
Is FRANKLIN HOME D still producing?
FRANKLIN HOME D is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FRANKLIN HOME D is August 2026.
How much has FRANKLIN HOME D produced?
FRANKLIN HOME D has reported 187,071 barrels of oil (bbl) to the Railroad Commission of Texas between February 2024 and August 2026, from 1 wellbore.
How much is FRANKLIN HOME D worth?
The remaining production from FRANKLIN HOME D is estimated to be worth about $2.4M in total as of 26 August 2026, within a range of $2.0M to $2.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FRANKLIN HOME D is a fraction of it. The estimate fits an Arps decline curve to the production FRANKLIN HOME D has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FRANKLIN HOME D is an estimate of value, not an offer and not an appraisal.
How much income does FRANKLIN HOME D generate in a year?
FRANKLIN HOME D is forecast to net about $1.1M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FRANKLIN HOME D receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

FRANKLIN HOME D as filed with the Railroad Commission of Texas
OperatorGulftex Energy, LLC
FieldEagleville (Eagle Ford-1)
CountyMcmullen County, Texas
RRC district01
Lease number21422
Wellbores1
Reported production187,071 bbl
First reported
Last reported
Estimated royalty value$2.4M

Where FRANKLIN HOME D sits

Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .

Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.