FRANKLIN
FRANKLIN is a Texas oil lease in Garza County, Railroad Commission district 8A, operated by Stelzer, J. C. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 130,586 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 $574K, with roughly $110K 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 153 barrels a month, about 77 per wellbore. Its strongest month on the record we hold was December 2019, at 324 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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
- Who operates FRANKLIN?
- FRANKLIN is operated by Stelzer, J. C., Railroad Commission of Texas operator number 817400.
- Where is FRANKLIN?
- FRANKLIN is a Texas oil lease in Garza County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 63750.
- Is FRANKLIN still producing?
- FRANKLIN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FRANKLIN is August 2026.
- How much has FRANKLIN produced?
- FRANKLIN has reported 130,586 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is FRANKLIN worth?
- The remaining production from FRANKLIN is estimated to be worth about $574K in total as of 26 August 2026, within a range of $448K to $700K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FRANKLIN is a fraction of it. The estimate fits an Arps decline curve to the production FRANKLIN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FRANKLIN is an estimate of value, not an offer and not an appraisal.
- How much income does FRANKLIN generate in a year?
- FRANKLIN is forecast to net about $110K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FRANKLIN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Stelzer, J. C. |
|---|---|
| Field | P. H. D. |
| County | Garza County, Texas |
| RRC district | 8A |
| Lease number | 63750 |
| Wellbores | 2 |
| Reported production | 130,586 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $574K |
Where FRANKLIN 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.