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STATE FRANKLIN 67

State Franklin 67 is an oil lease in Reeves County, Texas, operated by TRP Operating LLC in the Two Georges (Bone Spring) field.

1 well

1,726bbl oil, last 12 months−18% vs prior year
Operator
TRP Operating LLC
County
Reeves County
Field
Two Georges (Bone Spring)
RRC lease
08-41647

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
1,895 mcf
Oil in Jul 2026
150 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: TRP Operating LLC took over from Diamondback E&P LLC in Feb 2025.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Oil output fell 18% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 18% over the last 12 monthsMonthly oil production and gas for STATE FRANKLIN 67, Aug 2023 to Jul 2026. Oil output fell 18% over the last 12 months. 1,726 bbl in the 12 months through Jul 2026, against 2,114 bbl in the 12 months before.Last 12 months: 1,726 bblbbl per monthmcf per month002002504005006007508001,0001,0001,250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 18% over the last 12 monthsMonthly oil production and gas for STATE FRANKLIN 67, Aug 2023 to Jul 2026. Oil output fell 18% over the last 12 months. 1,726 bbl in the 12 months through Jul 2026, against 2,114 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002002504005006007508001,0001,0001,250Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Nov 2025 the lease's gas goes to a processing plant instead of a transmission line

Flaring peaked at 8.4% of the gas in Dec 2023.

  • Processing plant (3)
  • Transmission line (2)
  • Flared (4)
Since Nov 2025 the lease's gas goes to a processing plant instead of a transmission lineShare of STATE FRANKLIN 67 gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2025 the lease's gas goes to a processing plant instead of a transmission line. Flaring peaked at 8.4% of the gas in Dec 2023.Share of the lease’s gas by disposition code, per month0%50%100%Nov 2025: line to plantFlared 8.4%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Nov 2025 the lease's gas goes to a processing plant instead of a transmission lineShare of STATE FRANKLIN 67 gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2025 the lease's gas goes to a processing plant instead of a transmission line. Flaring peaked at 8.4% of the gas in Dec 2023.Share of gas by disposition code0%50%100%Nov 25: line to plantFlared 8.4%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    85% · 1,699 mcf

  • Transmission line (2)

    15% · 295 mcf

Who has run this lease

The operator changed once, most recently in Feb 2025

Operators of this lease over timeDiamondback E&P LLC, Jan 2020 to Jan 2025; TRP Operating LLC, Feb 2025 to Jul 20262020202120222023202420252026Changed Feb 2025Diamondback E&P LLCJan 2020 to Jan 2025TRP Operating LLCFeb 2025 to now
Operators of this lease over timeDiamondback E&P LLC, Jan 2020 to Jan 2025; TRP Operating LLC, Feb 2025 to Jul 20262020202120222023202420252026Changed Feb 2025Diamondback E&P LLCJan 2020 to Jan 2025TRP Operating LLCFeb 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on STATE FRANKLIN 67
API numberWell no.Status
42-389-327171Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Marketing, L.p.OilGathers100May 5, 2011
Energy Transfer CompanyCasinghead gasBuys100Nov 1, 2015
Energy Transfer CompanyCasinghead gasGathers100Nov 1, 2015

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

Who buys my oilOil price check

640 acres on the newest permit

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Permits for State Franklin 67
API numberWell no.Acreson the permit
42-389-327171640
42-389-327171H640

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

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36 months, newest first

Ledger for STATE FRANKLIN 67
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026TRP Operating1501831601600$80.46$2.89
Jun 2026TRP Operating7401931930$84.81$3.15
May 2026TRP Operating2011853843840$102.13$2.94
Apr 2026TRP Operating2041791931930$100.32$2.77
Mar 2026TRP Operating12018695950$91.38$3.04
Feb 2026TRP Operating75033330$64.51$3.62
Jan 2026TRP Operating731841701700$60.04$7.72
Dec 2025TRP Operating2191891971970$57.97$4.26
Nov 2025TRP Operating1501861751750$60.06$3.79
Oct 2025TRP Operating1150000$60.89$3.19
Sep 2025TRP Operating1581831501500$63.96$2.97
Aug 2025TRP Operating1871821451450$64.86$2.91
Jul 2025TRP Operating15518499990$68.39$3.20
Jun 2025TRP Operating151099990$68.17$3.02
May 2025TRP Operating1771832392390$62.17$3.12
Apr 2025TRP Operating1821804654650$63.54$3.42
Mar 2025TRP Operating1441824594590$68.24$4.12
Feb 2025TRP Operating1131514754750$71.53$4.19
Jan 2025Diamondback E&P2421894984980$75.74$4.13
Dec 2024Diamondback E&P1781875685680$70.12$3.01
Nov 2024Diamondback E&P1771865715710$69.95$2.12
Oct 2024Diamondback E&P2173656776770$71.99$2.20
Sep 2024Diamondback E&P2111836266260$70.24$2.28
Aug 2024Diamondback E&P1671804334330$76.68$1.99
Jul 2024Diamondback E&P2131826496490$81.80$2.07
Jun 2024Diamondback E&P2183677537530$79.77$2.54
May 2024Diamondback E&P3021848468460$80.02$2.12
Apr 2024Diamondback E&P2281817217210$85.35$1.60
Mar 2024Diamondback E&P3463627947940$81.28$1.49
Feb 2024Diamondback E&P2441864784780$77.25$1.72
Jan 2024Diamondback E&P2341643823820$74.15$3.18
Dec 2023Diamondback E&P21535259554550$71.90$2.52
Nov 2023Diamondback E&P2551866926920$77.69$2.71
Oct 2023Diamondback E&P9102152150$85.64$2.98
Sep 2023Diamondback E&P1873705845840$89.43$2.64
Aug 2023Diamondback E&P5083661,2201,2200$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

This lease belongs to

OperatorTRP Operating LLCFieldTwo Georges (Bone Spring)CountyReeves County

TRP Operating LLC in Reeves County

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Two Georges (Bone Spring) field

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