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 - Jul 2025
Total Oil Production846,572 BBLs
Total Gas Production1,891,823 MCF
Recent Oil Production3,425 BBLs in Jun 2025
Recent Gas Production28,954 MCF in Jun 2025
Wells on Property4

Our Valuation Estimates for Thelma

ShaleAssessment™

Not Available

MarketMultiple™

$537,578 **

* 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 Jul 2025

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, TX519 BBLs0 MCFJul 2025
Cox 9Martin County, TX65,131 BBLs205,347 MCFJul 2025
DawnMartin County, TX0 BBLs214 MCFJun 2025
FlorenceMartin County, TX0 BBLs0 MCFJan 2021
Franklin 18Martin County, TX55 BBLs120 MCFJul 2025
Hall Trust 20Martin County, TX1,646 BBLs6,133 MCFJul 2025
HensonMartin County, TX98 BBLs0 MCFJul 2025
JohnMartin County, TX8,495 BBLs45,919 MCFJul 2025
Joy AMartin County, TX238 BBLs0 MCFJul 2025
LindsayMartin County, TX0 BBLs0 MCFAug 2019
MarieMartin County, TX5,742 BBLs31,376 MCFJul 2025
Mattingley 14Martin County, TX12,244 BBLs99,886 MCFJul 2025
McLintock 1Martin County, TX362,276 BBLs761,797 MCFJul 2025
Me Tarzan 8-25 Unit 2Martin County, TX90,440 BBLs373,075 MCFJul 2025
NicholsMartin County, TX442 BBLs1,273 MCFJul 2025
PaisleyMartin County, TX0 BBLs0 MCFMay 2020
Silverback 13-8 Unit 1Martin County, TX13,287 BBLs79,140 MCFJul 2025
TarzanMartin County, TX144 BBLs0 MCFJul 2025
WoodwardMartin County, TX6,628 BBLs40,827 MCFJul 2025
You Jane 20-25 Unit 1Martin County, TX28,979 BBLs137,064 MCFJul 2025

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 LP
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 BApr 2025EXPLORE LOGISTICS LLCDIAMONDBACK E&P LLC
08-51001THELMA BApr 2025TRAFIGURA TRADING LLCDIAMONDBACK E&P LLC
08-51001THELMA BMar 2025TRAFIGURA TRADING LLCDIAMONDBACK E&P LLC
08-51001THELMA BMar 2025ENERGY TRANSFER CRUDE MARKETING LLCDIAMONDBACK E&P LLC
08-51001THELMA BMar 2025DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-51001THELMA BMar 2025ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK E&P LLC
08-51001THELMA BFeb 2025TRAFIGURA TRADING LLCDIAMONDBACK E&P LLC
08-51001THELMA BFeb 2025ENERGY TRANSFER CRUDE MARKETING LLCDIAMONDBACK E&P LLC
08-51001THELMA BFeb 2025DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-51001THELMA BFeb 2025ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK E&P LLC
08-51001THELMA BJan 2025TRAFIGURA TRADING LLCDIAMONDBACK E&P LLC
08-51001THELMA BJan 2025ENERGY TRANSFER CRUDE MARKETING LLCDIAMONDBACK E&P LLC
08-51001THELMA BJan 2025DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-51001THELMA BJan 2025ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK E&P LLC
08-51001THELMA BDec 2024TRAFIGURA TRADING LLCDIAMONDBACK E&P LLC
08-51001THELMA BDec 2024ENERGY TRANSFER CRUDE MARKETING LLCDIAMONDBACK E&P LLC
08-51001THELMA BDec 2024DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-51001THELMA BDec 2024ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK E&P LLC
08-51001THELMA BNov 2024TRAFIGURA TRADING LLCDIAMONDBACK E&P LLC
08-51001THELMA BNov 2024ENERGY TRANSFER CRUDE MARKETING LLCDIAMONDBACK E&P LLC
08-51001THELMA BNov 2024DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-51001THELMA BNov 2024ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK E&P LLC
08-51001THELMA BOct 2024TRAFIGURA TRADING LLCDIAMONDBACK E&P LLC
08-51001THELMA BOct 2024ENERGY TRANSFER CRUDE MARKETING LLCDIAMONDBACK E&P LLC
08-51001THELMA BOct 2024DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC