Quick answer: Valor's Franklin County, Texas rankings show the 2 operators producing the most oil and gas here — J P Oil Company leads — from Texas Railroad Commission filings over the last six months. If you own minerals in Franklin County, these operators are your likely check-writers. Valor verifies the operator on your tract, audits every royalty check, and recovers suspended funds. Valor manages minerals; it never buys them.
The top 2 oil and gas operators in Franklin County, Texas, ranked by monthly oil production. Combined output of all 4 reporting operators: 11,104,396 BBL oil and 505,945 Mcf gas across 39 reporting wells/leases.
Momentum blends the year-over-year change in average monthly production (oil + gas at 6 Mcf per BOE, 2025-11 – 2026-05 vs the same months a year earlier, complete reporting months only) with the change in drilling permits (last 12 months vs the prior 12: 4 vs 4). Each input is capped at ±100%.
Benchmark gross value of production: about $1.9M per month — 22,678 bbl of oil and 59,315 Mcf of gas a month, priced at the EIA average WTI ($73.03/bbl) and Henry Hub ($4.20/MMBtu) spot prices over the same months.
Benchmark prices before quality and location differentials, transport, taxes and costs; this is a county-level economic indicator, not the value of any mineral or royalty interest.
Source: Valor analysis of public oil and gas data. Statistics are published on this page; no bulk download is offered.
| Rank | Operator | Oil (BBL) | Gas (Mcf) | Wells |
|---|---|---|---|---|
| 1 | J P Oil Company | 11,086,401 | 501,714 | 30 |
| 4 | Valence Operating Company | 5,137 | 4,231 | 7 |
| — | 2 other operators (fewer than 3 producing wells/leases each) | 12,858 | 0 | 2 |
The largest oil and gas operators in Franklin County by reported production are J P Oil Company, and Valence Operating Company. In total, 4 operators reported 11,104,396 BBL of oil and 505,945 Mcf of gas across 39 wells and leases over the last six months. If you own minerals in Franklin County, these operators are your likely check-writers — Valor tracks production and royalties by tract so you know who owes you.
Start with the operator rankings on this page, then confirm the exact well and operator on your tract through the Franklin County records and your division orders. Valor's mineral management verifies which operators cover your Franklin County tracts and reconciles every royalty check to the right well.
Yes — 4 operators reported active production in Franklin County over the last six months, led by J P Oil Company. Activity shifts as operators drill, complete, and sell interests; Valor monitors production and permits so Franklin County owners can see changes near their tracts.
Operators pay Franklin County mineral owners a royalty on production, based on a decimal interest set out on a division order. Missed or suspended checks are common after a move, a death, or a title gap. Valor audits Franklin County royalty statements, recovers suspended funds, and manages the interest so owners are paid correctly.
Valor manages minerals for owners — confirming which of the operators above cover your tracts, auditing every royalty check, recovering suspended and unclaimed funds, and giving you one clear, tax-ready view of what you own in Franklin County. Valor manages minerals; it never buys them.
Organize my royalties Inherited minerals in Franklin County →
Page last reviewed: June 2026. Rankings are refreshed monthly from Texas Railroad Commission filings.