FRANKLIN, GENE
FRANKLIN, GENE is a Texas oil lease in Taylor County, Railroad Commission district 7B, operated by Scott Operating, Inc. It has 5 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 27,492 barrels. The lease is intermittent. 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 $6K, with roughly $1K 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 1 barrels a month. Its strongest month on the record we hold was July 2017, at 78 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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, GENE
- Who operates FRANKLIN, GENE?
- FRANKLIN, GENE is operated by Scott Operating, Inc., Railroad Commission of Texas operator number 758502.
- Where is FRANKLIN, GENE?
- FRANKLIN, GENE is a Texas oil lease in Taylor County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 05647.
- Is FRANKLIN, GENE still producing?
- FRANKLIN, GENE is intermittent. The most recent month of production reported to the Railroad Commission of Texas for FRANKLIN, GENE is August 2026.
- How much has FRANKLIN, GENE produced?
- FRANKLIN, GENE has reported 27,492 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 5 wellbores.
- How much is FRANKLIN, GENE worth?
- The remaining production from FRANKLIN, GENE is estimated to be worth about $6K in total as of 26 August 2026, within a range of $0 to $11K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FRANKLIN, GENE is a fraction of it. The estimate fits an Arps decline curve to the production FRANKLIN, GENE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FRANKLIN, GENE is an estimate of value, not an offer and not an appraisal.
- How much income does FRANKLIN, GENE generate in a year?
- FRANKLIN, GENE is forecast to net about $1K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FRANKLIN, GENE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Scott Operating, Inc. |
|---|---|
| Field | Franklin (Moutray) |
| County | Taylor County, Texas |
| RRC district | 7B |
| Lease number | 05647 |
| Wellbores | 5 |
| Reported production | 27,492 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $6K |
Where FRANKLIN, GENE 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.