Thelma

Oil & Gas Property in Martin County, TX

  2. Texas
  3. Martin County, TX
  4. Oil & Gas Properties in Martin County, TX
  5. Thelma Oil & Gas Property

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Property Summary

Key data points for Thelma

CountyMartin County, TX
Production DatesNov 2008 - Mar 2026
Total Oil Production770,720 BBLs
Total Gas Production1,862,417 MCF
Recent Oil Production2,141 BBLs in Feb 2026
Recent Gas Production18,211 MCF in Feb 2026
Wells on Property5

Our Valuation Estimates for Thelma

ShaleAssessment™

$4,271 *

MarketMultiple™

$313,125 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Thelma Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Thelma
from Nov 2008 to Mar 2026

Wells on Thelma

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-317-32557THELMA 1R K PETROLEUM CORP.Plugged Oil WellMartin County, TX32.311625-101.934642
42-317-35190THELMA 1PIONEER NATURAL RES. USA, INC.Plugged Oil WellMartin County, TX32.308121-101.933533
42-317-41248THELMA A 13SADIAMONDBACK E&P LLCProducingMartin County, TX32.325254-101.985763
42-317-41249THELMA A 14BUQEP ENERGY COMPANYHorizontal Well Surface LocatioMartin County, TX32.325236-101.985841
42-317-41430THELMA A R14BUDIAMONDBACK E&P LLCShut InMartin County, TX32.325103-101.985499

Leases included in Thelma

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-27576THELMAR K PETROLEUM CORP.Martin County, TX
08-39146THELMADIAMONDBACK E&P LLCMartin County, TX
08-51000THELMA ADIAMONDBACK E&P LLCMartin County, TX

Operators Associated With Thelma

Nearby Properties

These are the closest 20 properties to the Thelma property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AllarMartin County, TX97 BBLs43 MCFFeb 2026
BrisenoMartin County, TX229 BBLs0 MCFMar 2026
CastleMartin County, TX0 BBLs0 MCFMay 2025
Cora 18Martin County, TX120 BBLs0 MCFMar 2026
Franklin 18Martin County, TX0 BBLs0 MCFSep 2025
HensonMartin County, TX83 BBLs0 MCFMar 2026
HollowayMartin County, TX0 BBLs0 MCFJan 2026
JohnMartin County, TX6,345 BBLs48,262 MCFMar 2026
Joy AMartin County, TX229 BBLs0 MCFMar 2026
LouderMartin County, TX167 BBLs316 MCFFeb 2026
MadisonMartin County, TX0 BBLs0 MCFJun 2024
MarieMartin County, TX5,826 BBLs40,083 MCFMar 2026
Mattingley 14Martin County, TX10,524 BBLs130,270 MCFMar 2026
McLintock 1Martin County, TX157,983 BBLs506,200 MCFMar 2026
McMorriesMartin County, TX0 BBLs0 MCFFeb 2022
ShortesMartin County, TX0 BBLs0 MCFSep 2023
StandeferMartin County, TX0 BBLs0 MCFMar 2024
Tom AMartin County, TX30 BBLs480 MCFMar 2026
True Grit 16-17Martin County, TX211,047 BBLs411,007 MCFMar 2026
WoodwardMartin County, TX4,881 BBLs51,269 MCFMar 2026

Companies in the Area

These are the closest 20 companies operating near the Thelma property.

Company Name
Beach Exploration, Inc.
Breitburn Operating LP
Cox, John L.
Diamondback E&P LLC
Durham, Inc.
Element Petro Operating II, LLC
Endeavor Energy Resources, LP
Escondido Bay Corporation
Fed Operating LLC
Henry Petroleum Corp.
JM Cox Resources LP
Latigo Petroleum Texas, LP
MGF Oil Corporation
Midland Energy, Inc.
Pioneer Natural Res. USA, Inc.
Qep Energy Company
R K Petroleum Corp.
Rittenhouse Oil & Gas Co.
Stephens, Autry C.
Tamarack Petroleum Company, Inc.

Frac'ing activity on Thelma

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-317-41248THELMA A 13SA
42-317-41430THELMA A R14BU

Owners of Thelma

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025DIAMONDBACK E&P LLCTHELMA A 13SADIAMONDBACK E&P LLC
2025DIAMONDBACK E&P LLCTHELMA A R14BUDIAMONDBACK E&P LLC
2025DIAMONDBACK E&P LLCTHELMA A 14SCDIAMONDBACK E&P LLC
2025WOODWARD JOHN 1950 PERM TRUSTTHELMA A 13SADIAMONDBACK E&P LLC
2025WOODWARD JOHN 1950 PERM TRUSTTHELMA A R14BUDIAMONDBACK E&P LLC
2025HALL-FREE ENERGY INVEST LLCTHELMA A 13SADIAMONDBACK E&P LLC
2025BLACK STONE MINERALS CO LPTHELMA A 13SADIAMONDBACK E&P LLC
2025WOODWARD JOHN 1950 PERM TRUSTTHELMA A 14SCDIAMONDBACK E&P LLC
Displaying 8 of 267 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Thelma

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-51000THELMA AFeb 2026ENERGY TRANSFER CRUDE MARKETING LLCDIAMONDBACK E&P LLC
08-51000THELMA AFeb 2026DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-51000THELMA AFeb 2026ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK E&P LLC
08-51000THELMA AFeb 2026TRAFIGURA TRADING LLCDIAMONDBACK E&P LLC
08-51000THELMA AJan 2026ENERGY TRANSFER CRUDE MARKETING LLCDIAMONDBACK E&P LLC
08-51000THELMA AJan 2026TRAFIGURA TRADING LLCDIAMONDBACK E&P LLC
08-51000THELMA AJan 2026DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-51000THELMA AJan 2026ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK E&P LLC
08-51000THELMA ADec 2025DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-51000THELMA ADec 2025ENERGY TRANSFER CRUDE MARKETING LLCDIAMONDBACK E&P LLC
08-51000THELMA ADec 2025TRAFIGURA TRADING LLCDIAMONDBACK E&P LLC
08-51000THELMA ADec 2025ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK E&P LLC
08-51000THELMA ANov 2025TRAFIGURA TRADING LLCDIAMONDBACK E&P LLC
08-51000THELMA ANov 2025ENERGY TRANSFER CRUDE MARKETING LLCDIAMONDBACK E&P LLC
08-51000THELMA ANov 2025DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-51000THELMA ANov 2025ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK E&P LLC
08-51000THELMA AOct 2025DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-51000THELMA AOct 2025ENERGY TRANSFER CRUDE MARKETING LLCDIAMONDBACK E&P LLC
08-51000THELMA AOct 2025TRAFIGURA TRADING LLCDIAMONDBACK E&P LLC
08-51000THELMA AOct 2025ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK E&P LLC
08-51000THELMA ASep 2025ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK E&P LLC
08-51000THELMA ASep 2025DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-51000THELMA ASep 2025ENERGY TRANSFER CRUDE MARKETING LLCDIAMONDBACK E&P LLC
08-51000THELMA ASep 2025TRAFIGURA TRADING LLCDIAMONDBACK E&P LLC
08-51000THELMA AAug 2025TRAFIGURA TRADING LLCDIAMONDBACK E&P LLC