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 - Mar 2026
Total Oil Production869,274 BBLs
Total Gas Production2,079,675 MCF
Recent Oil Production2,495 BBLs in Feb 2026
Recent Gas Production18,024 MCF in Feb 2026
Wells on Property4

Our Valuation Estimates for Thelma

ShaleAssessment™

Not Available

MarketMultiple™

$451,890 **

* 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 Mar 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, TX229 BBLs0 MCFMar 2026
Cox 9Martin County, TX30,350 BBLs150,605 MCFMar 2026
DawnMartin County, TX0 BBLs0 MCFJun 2025
FlorenceMartin County, TX0 BBLs0 MCFJan 2021
Franklin 18Martin County, TX0 BBLs0 MCFSep 2025
Hall Trust 20Martin County, TX512 BBLs5,611 MCFMar 2026
HensonMartin County, TX83 BBLs0 MCFMar 2026
JohnMartin County, TX6,345 BBLs48,262 MCFMar 2026
Joy AMartin County, TX229 BBLs0 MCFMar 2026
Key 9Martin County, TX1,260 BBLs733 MCFMar 2026
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
Me Tarzan 8-25 Unit 2Martin County, TX54,744 BBLs322,948 MCFMar 2026
NicholsMartin County, TX365 BBLs1,304 MCFMar 2026
PaisleyMartin County, TX0 BBLs0 MCFMay 2020
Silverback 13-8 Unit 1Martin County, TX10,388 BBLs89,675 MCFMar 2026
TarzanMartin County, TX170 BBLs0 MCFMar 2026
WoodwardMartin County, TX4,881 BBLs51,269 MCFMar 2026
You Jane 20-25 Unit 1Martin County, TX19,408 BBLs154,741 MCFMar 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 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 BFeb 2026TRAFIGURA TRADING LLCDIAMONDBACK E&P LLC
08-51001THELMA BFeb 2026ENERGY TRANSFER CRUDE MARKETING LLCDIAMONDBACK E&P LLC
08-51001THELMA BFeb 2026DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-51001THELMA BFeb 2026ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK E&P LLC
08-51001THELMA BJan 2026TRAFIGURA TRADING LLCDIAMONDBACK E&P LLC
08-51001THELMA BJan 2026ENERGY TRANSFER CRUDE MARKETING LLCDIAMONDBACK E&P LLC
08-51001THELMA BJan 2026DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-51001THELMA BJan 2026ENTERPRISE PRODUCTS OPERATING LLCDIAMONDBACK E&P LLC
08-51001THELMA BDec 2025TRAFIGURA TRADING LLCDIAMONDBACK E&P LLC
08-51001THELMA BDec 2025ENERGY TRANSFER CRUDE MARKETING LLCDIAMONDBACK E&P LLC
08-51001THELMA BDec 2025DIAMONDBACK E&P LLCDIAMONDBACK E&P LLC
08-51001THELMA BDec 2025ENTERPRISE PRODUCTS OPERATING 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