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 - Sep 2025
Total Oil Production756,680 BBLs
Total Gas Production1,759,334 MCF
Recent Oil Production1,888 BBLs in Aug 2025
Recent Gas Production2,831 MCF in Aug 2025
Wells on Property5

Our Valuation Estimates for Thelma

ShaleAssessment™

$4,594 *

MarketMultiple™

$264,756 **

* 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 Sep 2025

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 1DIAMONDBACK E&P LLCProducingMartin 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, TX292 BBLs150 MCFSep 2025
BrisenoMartin County, TX665 BBLs0 MCFSep 2025
CastleMartin County, TX0 BBLs0 MCFMay 2025
Cora 18Martin County, TX212 BBLs0 MCFSep 2025
Franklin 18Martin County, TX116 BBLs116 MCFSep 2025
HensonMartin County, TX94 BBLs0 MCFSep 2025
HollowayMartin County, TX0 BBLs0 MCFSep 2025
Joy AMartin County, TX229 BBLs0 MCFSep 2025
LindsayMartin County, TX0 BBLs0 MCFAug 2019
LouderMartin County, TX377 BBLs765 MCFSep 2025
MadisonMartin County, TX0 BBLs0 MCFJun 2024
MarieMartin County, TX6,601 BBLs17,985 MCFSep 2025
Mattingley 14Martin County, TX11,672 BBLs140,090 MCFSep 2025
McLintock 1Martin County, TX234,219 BBLs598,319 MCFSep 2025
McMorriesMartin County, TX0 BBLs0 MCFFeb 2022
ShortesMartin County, TX0 BBLs0 MCFSep 2023
StandeferMartin County, TX0 BBLs0 MCFMar 2024
Tom AMartin County, TX63 BBLs547 MCFSep 2025
True Grit 16-17Martin County, TX7,658 BBLs5,291 MCFSep 2025
WoodwardMartin County, TX8,718 BBLs72,278 MCFSep 2025

Companies in the Area

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

Company Name
Abraxas Petroleum Corporation
Beach Exploration, Inc.
Breitburn Operating LP
Cox, John L.
Diamondback E&P LLC
Durham, Inc.
Element Petro Operating II, LLC
Endeavor Energy Resources, LP
Fed Operating LLC
Henry Petroleum Corp.
JM Cox Resources LP
Lario Oil & Gas Company
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 AApr 2025TRAFIGURA TRADING LLCDIAMONDBACK E&P LLC
08-51000THELMA AApr 2025EXPLORE LOGISTICS LLCDIAMONDBACK E&P LLC
08-51000THELMA AMar 2025TRAFIGURA TRADING LLCDIAMONDBACK E&P LLC
08-51000THELMA AMar 2025ENERGY TRANSFER CRUDE MARKETING LLCDIAMONDBACK E&P LLC
08-51000THELMA AMar 2025DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-51000THELMA AMar 2025ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK E&P LLC
08-39146THELMAMar 2025ENERGY TRANSFER CRUDE MARKETING LLCDIAMONDBACK E&P LLC
08-51000THELMA AFeb 2025TRAFIGURA TRADING LLCDIAMONDBACK E&P LLC
08-39146THELMAFeb 2025ENERGY TRANSFER CRUDE MARKETING LLCDIAMONDBACK E&P LLC
08-51000THELMA AFeb 2025ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK E&P LLC
08-51000THELMA AFeb 2025DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-51000THELMA AFeb 2025ENERGY TRANSFER CRUDE MARKETING LLCDIAMONDBACK E&P LLC
08-39146THELMAFeb 2025ENTERPRISE CRUDE OIL LLCDIAMONDBACK E&P LLC
08-39146THELMAJan 2025ENERGY TRANSFER CRUDE MARKETING LLCDIAMONDBACK E&P LLC
08-51000THELMA AJan 2025DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-51000THELMA AJan 2025ENERGY TRANSFER CRUDE MARKETING LLCDIAMONDBACK E&P LLC
08-51000THELMA AJan 2025TRAFIGURA TRADING LLCDIAMONDBACK E&P LLC
08-51000THELMA AJan 2025ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK E&P LLC
08-39146THELMADec 2024ENERGY TRANSFER CRUDE MARKETING LLCDIAMONDBACK E&P LLC
08-39146THELMADec 2024ENTERPRISE CRUDE OIL LLCDIAMONDBACK E&P LLC
08-51000THELMA ADec 2024ENERGY TRANSFER CRUDE MARKETING LLCDIAMONDBACK E&P LLC
08-51000THELMA ADec 2024TRAFIGURA TRADING LLCDIAMONDBACK E&P LLC
08-51000THELMA ADec 2024DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-51000THELMA ADec 2024ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK E&P LLC
08-51000THELMA ANov 2024DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC