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
OperatorDIAMONDBACK E&P LLC
Production DatesSep 2018 - Jan 2026
Total Oil Production863,944 BBLs
Total Gas Production2,033,313 MCF
Recent Oil Production2,506 BBLs in Dec 2025
Recent Gas Production16,934 MCF in Dec 2025
Wells on Property4

Our Valuation Estimates for Thelma

ShaleAssessment™

Not Available

MarketMultiple™

$447,981 **

* 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 Sep 2018 to Jan 2026

Wells on Thelma

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-317-41250THELMA B 15WADIAMONDBACK E&P LLCProducingMartin County, TX32.324658-101.988309
42-317-41251THELMA A 14SCDIAMONDBACK E&P LLCShut InMartin County, TX32.324564-101.987809
42-317-41252THELMA B 16SADIAMONDBACK E&P LLCShut InMartin County, TX32.324526-101.987967
42-317-41253THELMA B 16WDDIAMONDBACK E&P LLCShut InMartin County, TX32.324508-101.988046

Leases included in Thelma

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-51001THELMA BDIAMONDBACK E&P LLCMartin County, TX

Nearby Properties

These are the closest 20 properties to the Thelma property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BrisenoMartin County, TX550 BBLs0 MCFJan 2026
Cox 9Martin County, TX35,678 BBLs161,343 MCFJan 2026
DawnMartin County, TX0 BBLs0 MCFJun 2025
FlorenceMartin County, TX0 BBLs0 MCFJan 2021
Franklin 18Martin County, TX0 BBLs0 MCFSep 2025
Hall Trust 20Martin County, TX767 BBLs7,103 MCFJan 2026
HensonMartin County, TX90 BBLs0 MCFJan 2026
JohnMartin County, TX7,926 BBLs60,326 MCFJan 2026
Joy AMartin County, TX232 BBLs0 MCFJan 2026
Key 9Martin County, TX1,463 BBLs1,170 MCFJan 2026
MarieMartin County, TX6,712 BBLs41,571 MCFJan 2026
Mattingley 14Martin County, TX11,998 BBLs132,707 MCFJan 2026
McLintock 1Martin County, TX197,412 BBLs569,201 MCFJan 2026
Me Tarzan 8-25 Unit 2Martin County, TX62,488 BBLs327,683 MCFJan 2026
NicholsMartin County, TX218 BBLs267 MCFJan 2026
PaisleyMartin County, TX0 BBLs0 MCFMay 2020
Silverback 13-8 Unit 1Martin County, TX13,508 BBLs106,001 MCFJan 2026
TarzanMartin County, TX121 BBLs0 MCFJan 2026
WoodwardMartin County, TX6,474 BBLs62,652 MCFJan 2026
You Jane 20-25 Unit 1Martin County, TX25,132 BBLs182,072 MCFJan 2026

Companies in the Area

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

Company Name
Breitburn Operating LP
Cox, John L.
Crownquest Operating, LLC
Diamondback E&P LLC
Element Petro Operating II, LLC
Endeavor Energy Resources, LP
Energen Resources Corporation
Escondido Bay Corporation
Extex Operating Company
Henry Petroleum Corp.
JM Cox Resources, L.P.
Latigo Petroleum Texas, LP
Limestone Exploration, LLC
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
42-317-41250THELMA B 15WA
42-317-41251THELMA A 14SC
42-317-41252THELMA B 16SA
42-317-41253THELMA B 16BL

Owners of Thelma

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025DIAMONDBACK E&P LLCTHELMA B 15WADIAMONDBACK E&P LLC
2025DIAMONDBACK E&P LLCTHELMA B 16WDDIAMONDBACK E&P LLC
2025DIAMONDBACK E&P LLCTHELMA B 16SADIAMONDBACK E&P LLC
2025WOODWARD JOHN 1950 PERM TRUSTTHELMA B 15WADIAMONDBACK E&P LLC
2025WOODWARD JOHN 1950 PERM TRUSTTHELMA B 16WDDIAMONDBACK E&P LLC
2025WOODWARD JOHN 1950 PERM TRUSTTHELMA B 16SADIAMONDBACK E&P LLC
2025BLACK STONE MINERALS CO LPTHELMA B 15WADIAMONDBACK E&P LLC
2025HALL-FREE ENERGY INVEST LLCTHELMA B 15WADIAMONDBACK E&P LLC
Displaying 8 of 234 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
08-51001THELMA BDec 2025TRAFIGURA TRADING LLCDIAMONDBACK E&P LLC
08-51001THELMA BNov 2025TRAFIGURA TRADING LLCDIAMONDBACK E&P LLC
08-51001THELMA BNov 2025ENERGY TRANSFER CRUDE MARKETING LLCDIAMONDBACK E&P LLC
08-51001THELMA BNov 2025DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-51001THELMA BNov 2025ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK E&P LLC
08-51001THELMA BOct 2025TRAFIGURA TRADING LLCDIAMONDBACK E&P LLC
08-51001THELMA BOct 2025ENERGY TRANSFER CRUDE MARKETING LLCDIAMONDBACK E&P LLC
08-51001THELMA BOct 2025DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-51001THELMA BOct 2025ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK E&P LLC
08-51001THELMA BSep 2025TRAFIGURA TRADING LLCDIAMONDBACK E&P LLC
08-51001THELMA BSep 2025ENERGY TRANSFER CRUDE MARKETING LLCDIAMONDBACK E&P LLC
08-51001THELMA BSep 2025DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-51001THELMA BSep 2025ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK E&P LLC
08-51001THELMA BAug 2025TRAFIGURA TRADING LLCDIAMONDBACK E&P LLC
08-51001THELMA BAug 2025ENERGY TRANSFER CRUDE MARKETING LLCDIAMONDBACK E&P LLC
08-51001THELMA BAug 2025DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-51001THELMA BAug 2025ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK E&P LLC
08-51001THELMA BJul 2025TRAFIGURA TRADING LLCDIAMONDBACK E&P LLC
08-51001THELMA BJul 2025ENERGY TRANSFER CRUDE MARKETING LLCDIAMONDBACK E&P LLC
08-51001THELMA BJul 2025DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-51001THELMA BJul 2025ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK E&P LLC
08-51001THELMA BJun 2025TRAFIGURA TRADING LLCDIAMONDBACK E&P LLC
08-51001THELMA BJun 2025ENERGY TRANSFER CRUDE MARKETING LLCDIAMONDBACK E&P LLC
08-51001THELMA BJun 2025DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-51001THELMA BJun 2025ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK E&P LLC