FRANKLIN 22B AND 22
FRANKLIN 22B AND 22 is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Parsley Energy Operations, LLC. It has 1 wellbore on file with the Commission. Reported production runs from May 2016 to August 2026, totalling 207,260 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 $1.1M, with roughly $396K 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 428 barrels a month. Its strongest month on the record we hold was June 2016, at 16,940 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 22B AND 22
- Who operates FRANKLIN 22B AND 22?
- FRANKLIN 22B AND 22 is operated by Parsley Energy Operations, LLC, Railroad Commission of Texas operator number 642652.
- Where is FRANKLIN 22B AND 22?
- FRANKLIN 22B AND 22 is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 19417.
- Is FRANKLIN 22B AND 22 still producing?
- FRANKLIN 22B AND 22 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FRANKLIN 22B AND 22 is August 2026.
- How much has FRANKLIN 22B AND 22 produced?
- FRANKLIN 22B AND 22 has reported 207,260 barrels of oil (bbl) to the Railroad Commission of Texas between May 2016 and August 2026, from 1 wellbore.
- How much is FRANKLIN 22B AND 22 worth?
- The remaining production from FRANKLIN 22B AND 22 is estimated to be worth about $1.1M in total as of 27 August 2026, within a range of $893K to $1.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FRANKLIN 22B AND 22 is a fraction of it. The estimate fits an Arps decline curve to the production FRANKLIN 22B AND 22 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FRANKLIN 22B AND 22 is an estimate of value, not an offer and not an appraisal.
- How much income does FRANKLIN 22B AND 22 generate in a year?
- FRANKLIN 22B AND 22 is forecast to net about $396K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in FRANKLIN 22B AND 22 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Parsley Energy Operations, LLC |
|---|---|
| Field | Spraberry (Trend Area) R 40 Exc |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 19417 |
| Wellbores | 1 |
| Reported production | 207,260 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where FRANKLIN 22B AND 22 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.