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Texas oil lease

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FRANKLIN 22

Franklin 22 is an oil lease in Upton County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) R 40 Exc field.

4 wells

2,089bbl oil, last 12 months−13% vs prior year
Operator
Pioneer Natural Res. USA, Inc.
County
Upton County
Field
Spraberry (Trend Area) R 40 Exc
RRC lease
7C-18579

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Where it sits

This county

Upton CountyUptonMidlandCraneGlasscockReaganEctorUpton County
Upton County
Gas, last 12 months
21,096 mcf
Oil in Jul 2026
269 bbl

Production by month

Oil output fell 13% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 13% over the last 12 monthsMonthly oil production and gas for FRANKLIN 22, Aug 2023 to Jul 2026. Oil output fell 13% over the last 12 months. 2,089 bbl in the 12 months through Jul 2026, against 2,415 bbl in the 12 months before.Last 12 months: 2,089 bblbbl per monthmcf per month002002,0004004,0006006,0008008,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 13% over the last 12 monthsMonthly oil production and gas for FRANKLIN 22, Aug 2023 to Jul 2026. Oil output fell 13% over the last 12 months. 2,089 bbl in the 12 months through Jul 2026, against 2,415 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002002,0004004,0006006,0008008,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Jul 2026 the lease's gas goes to a processing plant instead of lease fuel

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
Since Jul 2026 the lease's gas goes to a processing plant instead of lease fuelShare of FRANKLIN 22 gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2026 the lease's gas goes to a processing plant instead of lease fuel.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: fuel to plantOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jul 2026 the lease's gas goes to a processing plant instead of lease fuelShare of FRANKLIN 22 gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2026 the lease's gas goes to a processing plant instead of lease fuel.Share of gas by disposition code0%50%100%Jul 26: fuel to plantJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    90% · 26,088 mcf

  • Lease fuel (1)

    9.6% · 2,777 mcf

  • Flared (4)

    0.1% · 32 mcf

0.1% of the gas flared in the last 12 months. No month above 3%.

Who has run this lease

The operator changed once, most recently in Feb 2021

Operators of this lease over timeParsley Energy Operations, LLC, Jan 2020 to Jan 2021; Pioneer Natural Res. USA, Inc., Feb 2021 to Jul 20262020202120222023202420252026Changed Feb 2021Parsley Energy Operations, LLCJan 2020 to Jan 2021Pioneer Natural Res. USA, Inc.Feb 2021 to now
Operators of this lease over timeParsley Energy Operations, LLC, Jan 2020 to Jan 2021; Pioneer Natural Res. USA, Inc., Feb 2021 to Jul 20262020202120222023202420252026Changed Feb 2021Parsley Energy Operations, LLCJan 2020 to Jan 2021Pioneer Natural Res. USA, Inc.Feb 2021 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

4 wells on this lease

Wells on FRANKLIN 22
API numberWell no.Status
42-461-388291Shut-in
42-461-388322Active
42-461-390343Active
42-461-392794Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Medallion Operating Company, LLCOilGathers50Feb 1, 2021–
Shell Trading (Us) CompanyOilGathers50Feb 1, 2021–
Targa Pipeline Mid-Continent LLCCasinghead gasBuys100Feb 1, 2021–
Targa Pipeline Mid-Continent LLCCasinghead gasGathers100Feb 1, 2021–
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Oct 1, 2015Feb 1, 2021
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Nov 1, 2015Feb 1, 2021
Shell Trading (Us) CompanyOilGathers100Oct 1, 2015Feb 1, 2021

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

325 acres on the newest permit

Permits for Franklin 22
API numberWell no.Acreson the permit
42-461-392794325
42-461-390343325
42-461-388291320
42-461-388322325

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for FRANKLIN 22
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Pioneer Natural2692531,6191,3830$80.46$2.89
Jun 2026Pioneer Natural00000$84.81$3.15
May 2026Pioneer Natural00000$102.13$2.94
Apr 2026Pioneer Natural00269410$100.32$2.77
Mar 2026Pioneer Natural015000$91.38$3.04
Feb 2026Pioneer Natural271451,3691,1560$64.51$3.62
Jan 2026Pioneer Natural2912482,1061,8700$60.04$7.72
Dec 2025Pioneer Natural4584484,0603,8240$57.97$4.26
Nov 2025Pioneer Natural3412852,8352,6070$60.06$3.79
Oct 2025Pioneer Natural2163123,2993,0630$60.89$3.19
Sep 2025Pioneer Natural3102253,2172,96920$63.96$2.97
Aug 2025Pioneer Natural1771542,3222,07412$64.86$2.91
Jul 2025Pioneer Natural1802572,7772,5410$68.39$3.20
Jun 2025Pioneer Natural3071523,4123,1840$68.17$3.02
May 2025Pioneer Natural140931,6121,3760$62.17$3.12
Apr 2025Pioneer Natural1712403,2753,0470$63.54$3.42
Mar 2025Pioneer Natural2533452,4432,2070$68.24$4.12
Feb 2025Pioneer Natural3453391,6781,4650$71.53$4.19
Jan 2025Pioneer Natural130556073710$75.74$4.13
Dec 2024Pioneer Natural1822471,9971,7610$70.12$3.01
Nov 2024Pioneer Natural3742083,3143,0860$69.95$2.12
Oct 2024Pioneer Natural181101,5461,3100$71.99$2.20
Sep 2024Pioneer Natural3031414,6994,4710$70.24$2.28
Aug 2024Pioneer Natural12423,3143,0771$76.68$1.99
Jul 2024Pioneer Natural301133,1922,9560$81.80$2.07
Jun 2024Pioneer Natural902232,7092,4810$79.77$2.54
May 2024Pioneer Natural2582632,4532,2170$80.02$2.12
Apr 2024Pioneer Natural4734274,4724,2440$85.35$1.60
Mar 2024Pioneer Natural3513033,8053,6150$81.28$1.49
Feb 2024Pioneer Natural5334675,0074,7870$77.25$1.72
Jan 2024Pioneer Natural161024812450$74.15$3.18
Dec 2023Pioneer Natural4524783,4263,1900$71.90$2.52
Nov 2023Pioneer Natural4213724,0403,8120$77.69$2.71
Oct 2023Pioneer Natural3393415,0884,8520$85.64$2.98
Sep 2023Pioneer Natural2773853,2182,9900$89.43$2.64
Aug 2023Pioneer Natural3023503,3363,1000$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

This lease belongs to

OperatorPioneer Natural Res. USA, Inc.FieldSpraberry (Trend Area) R 40 ExcCountyUpton County

Pioneer Natural Res. USA, Inc. in Upton County

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Spraberry (Trend Area) R 40 Exc field

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