FRANKLIN "41"
FRANKLIN "41" is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Pioneer Natural Res. USA, Inc. It has 4 wellbores on file with the Commission. Reported production runs from February 2007 to August 2026, totalling 221,445 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 $890K, with roughly $198K 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 254 barrels a month, about 63 per wellbore. Its strongest month on the record we hold was February 2020, at 2,615 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 "41"
- Who operates FRANKLIN "41"?
- FRANKLIN "41" is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is FRANKLIN "41"?
- FRANKLIN "41" is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 38122.
- Is FRANKLIN "41" still producing?
- FRANKLIN "41" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FRANKLIN "41" is August 2026.
- How much has FRANKLIN "41" produced?
- FRANKLIN "41" has reported 221,445 barrels of oil (bbl) to the Railroad Commission of Texas between February 2007 and August 2026, from 4 wellbores.
- How much is FRANKLIN "41" worth?
- The remaining production from FRANKLIN "41" is estimated to be worth about $890K in total as of 27 August 2026, within a range of $694K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FRANKLIN "41" is a fraction of it. The estimate fits an Arps decline curve to the production FRANKLIN "41" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FRANKLIN "41" is an estimate of value, not an offer and not an appraisal.
- How much income does FRANKLIN "41" generate in a year?
- FRANKLIN "41" is forecast to net about $198K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in FRANKLIN "41" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pioneer Natural Res. USA, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 38122 |
| Wellbores | 4 |
| Reported production | 221,445 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $890K |
Where FRANKLIN "41" 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.