Oil and gas leases in Element Petroleum Op III, LLC

Element Petroleum Op III, LLC is a Texas operator, Commission number 247675, with 23 leases reporting production across 3 counties. Between them they carry 43 wellbores. Reported volumes run from March 2017 to August 2026 and come to 7.5 million barrels of oil. Every lease below has its own page with a decline-curve forecast and an estimate of what the whole lease is worth.

Key facts about Element Petroleum Op III, LLC

How many oil and gas leases are in Element Petroleum Op III, LLC?: Element Petroleum Op III, LLC has 23 oil and gas leases with production reported to the Railroad Commission of Texas, as of August 2026.
How much oil and gas has Element Petroleum Op III, LLC produced?: Leases in Element Petroleum Op III, LLC have reported 7,484,182 barrels of oil (bbl) to the Railroad Commission of Texas between March 2017 and August 2026.
How much are mineral rights in Element Petroleum Op III, LLC worth?: There is no single figure: what a mineral or royalty interest in Element Petroleum Op III, LLC is worth depends on the individual lease, its decline, and the share the owner holds. Each of the 23 leases listed here has its own page with the full production history the operator reported, a decline-curve forecast, and an estimate of what a royalty interest in it is worth today.

Counties here

Martin County — 12 leases
Cochran County — 10 leases
Gaines County — 1 lease

Railroad Commission districts

District 08 — 13 leases
District 8A — 10 leases

Leases

SHAPE SHIFTER UNIT 80-85 — oil, Element Petroleum Op III, LLC, Martin County, 1.5 million reported
EL DIABLO 79-78 — oil, Element Petroleum Op III, LLC, Martin County, 1.3 million reported
MISCHIEVOUS BADGER UNIT 80-85 — oil, Element Petroleum Op III, LLC, Martin County, 1.1 million reported
SHAKE AND BAKE UNIT 74-69 — oil, Element Petroleum Op III, LLC, Martin County, 623 thousand reported
BABY FACE NELSON UNIT 17-8 — oil, Element Petroleum Op III, LLC, Martin County, 576 thousand reported
WALKER UNIT 16-20 — oil, Element Petroleum Op III, LLC, Martin County, 554 thousand reported
FIGHTIN CHICKEN UNIT 17-19 — oil, Element Petroleum Op III, LLC, Martin County, 523 thousand reported
SLINGSHOT ENGAGED UNIT 75-82 — oil, Element Petroleum Op III, LLC, Martin County, 500 thousand reported
BIG RED UNIT 75-82 — oil, Element Petroleum Op III, LLC, Martin County, 256 thousand reported
TEXAS RANGER UNIT 17-19 — oil, Element Petroleum Op III, LLC, Martin County, 193 thousand reported
SPIDER MONKEY UNIT 17-19 — oil, Element Petroleum Op III, LLC, Martin County, 186 thousand reported
ROCKRIDGE ROCKRIDGE UNIT 09-10 — oil, Element Petroleum Op III, LLC, Cochran County, 47 thousand reported
CANDYGRAM FOR MONGO UNIT 49-50 — oil, Element Petroleum Op III, LLC, Cochran County, 37 thousand reported
ITS HEDLEY UNIT 17-27 — oil, Element Petroleum Op III, LLC, Cochran County, 25 thousand reported
HOWARD JOHNSON UNIT 38-39 — oil, Element Petroleum Op III, LLC, Cochran County, 23 thousand reported
THE SHERIFF IS NEAR UNIT 25-06 — oil, Element Petroleum Op III, LLC, Cochran County, 23 thousand reported
JACK HAWK UNIT 298 — oil, Element Petroleum Op III, LLC, Gaines County, 18 thousand reported
HEDDY LAMARR UNIT 08-03 — oil, Element Petroleum Op III, LLC, Cochran County, 18 thousand reported
REVEREND JOHNSON UNIT 20-21 — oil, Element Petroleum Op III, LLC, Cochran County, 10 thousand reported
THE WACO KID UNIT 02 — oil, Element Petroleum Op III, LLC, Cochran County, 3 thousand reported
TEN GALLON HAT UNIT 09-02 — oil, Element Petroleum Op III, LLC, Cochran County, 3 thousand reported
WE ARE VERY PUZZLED UNIT 18-14 — oil, Element Petroleum Op III, LLC, Cochran County, 2 thousand reported
SLAUGHTER E 17 — oil, Element Petroleum Op III, LLC, Martin County, 588 reported

Production figures are as reported to the Railroad Commission of Texas. Values shown on lease pages are estimates produced by fitting a decline curve to that reported history; they are not offers or appraisals.