Polar 1

Oil & Gas Property in Leon County, TX

Property Summary

Key data points for Polar 1

CountyLeon County, TX
OperatorVALENCE OPERATING COMPANY
Production DatesJul 2007 - Jan 2024
Total Oil Production6,268 BBLs
Total Gas Production1,263,687 MCF
Recent Oil Production19 BBLs in Dec 2023
Recent Gas Production2,848 MCF in Dec 2023
Wells on Property1

Our Valuation Estimates for Polar 1

ShaleAssessment

$11,921 *

MarketMultiple

$10,562 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Polar 1 Production Graph

Aggregated production of all wells and leases associated with this property
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for Polar 1
from Jul 2007 to Jan 2024

Wells on Polar 1

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-289-31650POLAR 1VALENCE OPERATING COMPANYProducingLeon County, TX31.367446-96.302302

Leases included in Polar 1

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
05-233315POLAR 1VALENCE OPERATING COMPANYLeon County, TX
05-233316POLAR 1VALENCE OPERATING COMPANYLeon County, TX
05-233317POLAR 1VALENCE OPERATING COMPANYLeon County, TX

Nearby Properties

These are the closest 20 properties to the Polar 1 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BlackLeon County, TX0 BBLs21,389 MCFJan 2024
Foley Gas UnitLeon County, TX0 BBLs9,927 MCFJan 2024
Gillen IraLeon County, TX237 BBLs11,827 MCFJan 2024
GoostreeLeon County, TX0 BBLs68 MCFJan 2024
GrizzlyLeon County, TX0 BBLs9,445 MCFJan 2024
GuestLeon County, TX49 BBLs1,913 MCFJan 2024
Harrell CLeon County, TX0 BBLs1,711 MCFJan 2024
Holiday Resources A 1Limestone County, TX0 BBLs697 MCFJan 2024
Lewis BLeon County, TX42 BBLs37,510 MCFJan 2024
Little Flock 1Leon County, TX0 BBLs4,496 MCFJan 2024
McKenzieLimestone County, TX0 BBLs2,084 MCFJan 2024
Newell ALeon County, TX0 BBLs1,405 MCFJan 2024
PinnacleLeon County, TX0 BBLs4,177 MCFJan 2024
Pratt Gas Unit No. 1Limestone County, TX0 BBLs595 MCFJan 2024
Reliant Energy UnitLeon County, TX0 BBLs21,658 MCFJan 2024
Robert Shaw Gas Unit No. 1Limestone County, TX0 BBLs11,489 MCFJan 2024
Sadler 1Limestone County, TX0 BBLs92 MCFJan 2024
Sadler Carl Gas Unit No. 1Limestone County, TX0 BBLs7,930 MCFJan 2024
Shaw Robert Gas Unit No. 1Limestone County, TX0 BBLs7,577 MCFJan 2024
Tumlinson ALimestone County, TX0 BBLs12,562 MCFJan 2024

Owners of Polar 1

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023VALENCE OPERATING COMPANY (WI)POLAR (01)VALENCE OPERATING CO
2023TY-TEX EXPLORATION INCPOLAR (01)VALENCE OPERATING CO
2023GOOSTREE FAYE CLARK TEST TRUSTPOLAR (01)VALENCE OPERATING CO
2023BARNES NASHLEE JOY MORTONPOLAR (01)VALENCE OPERATING CO
2023MORTON CLAYTON JOEPOLAR (01)VALENCE OPERATING CO
2023SCHARBAUER JOHN ESTATE TRUSTPOLAR (01)VALENCE OPERATING CO
2023ALL CHURCH HOME FOR CHILDRENPOLAR (01)VALENCE OPERATING CO
2023THE CUMBERLAND REST INCPOLAR (01)VALENCE OPERATING CO
Displaying 8 of 49 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Polar 1

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
05-233315POLAR 1May 2023ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-233315POLAR 1May 2023VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-233315POLAR 1Apr 2023ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-233315POLAR 1Apr 2023VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-233315POLAR 1Mar 2023ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-233315POLAR 1Mar 2023VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-233315POLAR 1Feb 2023ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-233315POLAR 1Feb 2023VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-233315POLAR 1Jan 2023PLAINS MARKETING, L.P.VALENCE OPERATING COMPANY
05-233315POLAR 1Jan 2023VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-233315POLAR 1Jan 2023ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-233315POLAR 1Dec 2022VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-233315POLAR 1Dec 2022ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-233315POLAR 1Nov 2022VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-233315POLAR 1Nov 2022ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-233315POLAR 1Oct 2022VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-233315POLAR 1Oct 2022ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-233315POLAR 1Sep 2022ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-233315POLAR 1Sep 2022VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-233315POLAR 1Aug 2022ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-233315POLAR 1Aug 2022VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-233315POLAR 1Jul 2022ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-233315POLAR 1Jul 2022VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-233315POLAR 1Jun 2022ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-233315POLAR 1May 2022ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY