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 - Nov 2025
Total Oil Production761,227 BBLs
Total Gas Production1,793,571 MCF
Recent Oil Production2,360 BBLs in Oct 2025
Recent Gas Production18,238 MCF in Oct 2025
Wells on Property5

Our Valuation Estimates for Thelma

ShaleAssessment™

$4,477 *

MarketMultiple™

$271,554 **

* 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 Nov 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, TX2 BBLs0 MCFOct 2025
BrisenoMartin County, TX534 BBLs0 MCFOct 2025
CastleMartin County, TX0 BBLs0 MCFMay 2025
Cora 18Martin County, TX195 BBLs0 MCFNov 2025
Cox 26 1Martin County, TX537 BBLs0 MCFNov 2025
Franklin 18Martin County, TX0 BBLs0 MCFSep 2025
HensonMartin County, TX93 BBLs0 MCFNov 2025
HollowayMartin County, TX197 BBLs217 MCFNov 2025
Joy AMartin County, TX238 BBLs0 MCFNov 2025
LouderMartin County, TX647 BBLs603 MCFNov 2025
MadisonMartin County, TX0 BBLs0 MCFJun 2024
MarieMartin County, TX6,454 BBLs45,638 MCFNov 2025
Mattingley 14Martin County, TX12,649 BBLs151,065 MCFNov 2025
McLintock 1Martin County, TX222,350 BBLs602,720 MCFNov 2025
McMorriesMartin County, TX0 BBLs0 MCFFeb 2022
ShortesMartin County, TX0 BBLs0 MCFSep 2023
StandeferMartin County, TX0 BBLs0 MCFMar 2024
Tom AMartin County, TX76 BBLs1,293 MCFNov 2025
True Grit 16-17Martin County, TX548,114 BBLs604,093 MCFDec 2025
WoodwardMartin County, TX7,860 BBLs58,896 MCFNov 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, L.P.
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 ADec 2025TRAFIGURA TRADING 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 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 ASep 2025ENTERPRISE PRODUCTS OPERATING 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 ASep 2025DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-51000THELMA AAug 2025TRAFIGURA TRADING LLCDIAMONDBACK E&P LLC
08-51000THELMA AAug 2025ENERGY TRANSFER CRUDE MARKETING LLCDIAMONDBACK E&P LLC
08-51000THELMA AAug 2025DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-51000THELMA AAug 2025ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK E&P LLC
08-51000THELMA AJul 2025DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-51000THELMA AJul 2025ENERGY TRANSFER CRUDE MARKETING LLCDIAMONDBACK E&P LLC
08-51000THELMA AJul 2025TRAFIGURA TRADING LLCDIAMONDBACK E&P LLC
08-51000THELMA AJul 2025ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK E&P LLC
08-51000THELMA AJun 2025ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK E&P LLC
08-51000THELMA AJun 2025DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-51000THELMA AJun 2025ENERGY TRANSFER CRUDE MARKETING LLCDIAMONDBACK E&P LLC
08-51000THELMA AJun 2025TRAFIGURA TRADING LLCDIAMONDBACK E&P LLC