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Texas oil lease

Producing

FRANKLIN 22B AND 22

Franklin 22B and 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.

1 well

5,820bbl oil, last 12 months−42% vs prior year
RRC lease
7C-19417

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Where it sits

This county

Upton CountyUptonMidlandCraneGlasscockReaganEctorUpton County
Upton County
Gas, last 12 months
63,636 mcf
Oil in Jul 2026
676 bbl

Production by month

Oil output fell 42% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 42% over the last 12 monthsMonthly oil production and gas for FRANKLIN 22B AND 22, Aug 2023 to Jul 2026. Oil output fell 42% over the last 12 months. 5,820 bbl in the 12 months through Jul 2026, against 9,978 bbl in the 12 months before.Last 12 months: 5,820 bblbbl per monthmcf per month005002,5001,0005,0001,5007,5002,00010kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 42% over the last 12 monthsMonthly oil production and gas for FRANKLIN 22B AND 22, Aug 2023 to Jul 2026. Oil output fell 42% over the last 12 months. 5,820 bbl in the 12 months through Jul 2026, against 9,978 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005002,5001,0005,0001,5007,5002,00010kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

90% of the gas went to a processing plant in the last 12 months

Flaring peaked at 4.2% of the gas in Feb 2026.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
90% of the gas went to a processing plant in the last 12 monthsShare of FRANKLIN 22B AND 22 gas by disposition code each month, Aug 2023 to Jul 2026. 90% of the gas went to a processing plant in the last 12 months. Flaring peaked at 4.2% of the gas in Feb 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 4.2%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
90% of the gas went to a processing plant in the last 12 monthsShare of FRANKLIN 22B AND 22 gas by disposition code each month, Aug 2023 to Jul 2026. 90% of the gas went to a processing plant in the last 12 months. Flaring peaked at 4.2% of the gas in Feb 2026.Share of gas by disposition code0%50%100%Flared 4.2%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    90% · 65,336 mcf

  • Lease fuel (1)

    9.2% · 6,654 mcf

  • Flared (4)

    0.9% · 674 mcf

0.9% of the gas flared in the last 12 months. 2 months 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.

1 well on this lease

Wells on FRANKLIN 22B AND 22
API numberWell no.Status
42-461-402904407HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Medallion Operating Company, LLCOilGathers50May 25, 2016
Shell Trading (Us) CompanyOilGathers50May 25, 2016
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100May 25, 2016
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100May 25, 2016

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

490.60 acres on the newest permit

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Franklin 22B and 22
API numberWell no.Acreson the permit
42-461-402904407H490.60

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Estimate your royalty

36 months, newest first

Ledger for FRANKLIN 22B AND 22
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Pioneer Natural6767029,6889,1360$80.46$2.89
Jun 2026Pioneer Natural5014846,1305,7220$84.81$3.15
May 2026Pioneer Natural8478698,9968,4090$102.13$2.94
Apr 2026Pioneer Natural6116217,0906,54445$100.32$2.77
Mar 2026Pioneer Natural6247444,6744,028115$91.38$3.04
Feb 2026Pioneer Natural4351854,0073,189167$64.51$3.62
Jan 2026Pioneer Natural00000$60.04$7.72
Dec 2025Pioneer Natural0176000$57.97$4.26
Nov 2025Pioneer Natural5555814,7924,3700$60.06$3.79
Oct 2025Pioneer Natural5956115,9345,26886$60.89$3.19
Sep 2025Pioneer Natural5245286,7436,08034$63.96$2.97
Aug 2025Pioneer Natural4523475,5824,88358$64.86$2.91
Jul 2025Pioneer Natural2933614,0153,331164$68.39$3.20
Jun 2025Pioneer Natural4104205,0134,3765$68.17$3.02
May 2025Pioneer Natural6356506,1275,398139$62.17$3.12
Apr 2025Pioneer Natural8178705,2414,59198$63.54$3.42
Mar 2025Pioneer Natural1,1551,1994,6384,14178$68.24$4.12
Feb 2025Pioneer Natural1,5251,6235,9645,387101$71.53$4.19
Jan 2025Pioneer Natural1,3111,2275,7395,14093$75.74$4.13
Dec 2024Pioneer Natural1,4141,2786,0125,5270$70.12$3.01
Nov 2024Pioneer Natural5975503,8663,4760$69.95$2.12
Oct 2024Pioneer Natural2583621,6251,3973$71.99$2.20
Sep 2024Pioneer Natural8949234,4994,1090$70.24$2.28
Aug 2024Pioneer Natural6696433,2772,83234$76.68$1.99
Jul 2024Pioneer Natural6816434,0713,7507$81.80$2.07
Jun 2024Pioneer Natural7477124,2153,87316$79.77$2.54
May 2024Pioneer Natural6596615,1484,64365$80.02$2.12
Apr 2024Pioneer Natural7788057,7077,0901$85.35$1.60
Mar 2024Pioneer Natural8387407,7357,08586$81.28$1.49
Feb 2024Pioneer Natural7779157,6216,98835$77.25$1.72
Jan 2024Pioneer Natural9118625,5134,75724$74.15$3.18
Dec 2023Pioneer Natural8299163,3002,8191$71.90$2.52
Nov 2023Pioneer Natural8337691,2181,0338$77.69$2.71
Oct 2023Pioneer Natural8297901661590$85.64$2.98
Sep 2023Pioneer Natural7858731,8261,60131$89.43$2.64
Aug 2023Pioneer Natural5715251,7131,5220$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

Pioneer Natural Res. USA, Inc. in Upton County

All Pioneer Natural Res. USA, Inc. leases →

Spraberry (Trend Area) R 40 Exc field

All leases in this field →

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