Arctic

Oil & Gas Property in Loving County, TX

Property Summary

Key data points for Arctic

CountyLoving County, TX
OperatorATLANTIC OPERATING II, LLC
Production DatesJun 2007 - Jan 2024
Total Oil Production447,527 BBLs
Total Gas Production800,402 MCF
Recent Oil Production1,203 BBLs in Dec 2023
Recent Gas Production1,238 MCF in Dec 2023
Wells on Property8

Our Valuation Estimates for Arctic

ShaleAssessment

$37,091 *

MarketMultiple

$164,155 **

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

Based on a decimal interest

Arctic Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Arctic
from Jun 2007 to Jan 2024

Wells on Arctic

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-301-31344ARCTIC 1ATLANTIC OPERATING II, LLCProducingLoving County, TX31.885241-103.593008
42-301-31387ARCTIC 2ATLANTIC OPERATING II, LLCProducingLoving County, TX31.887963-103.589165
42-301-31392ARCTIC 3ATLANTIC OPERATING II, LLCProducingLoving County, TX31.884344-103.589264
42-301-31395ARCTIC 4ATLANTIC OPERATING II, LLCProducingLoving County, TX31.888900-103.593082
42-301-31406ARCTIC 5ATLANTIC OPERATING II, LLCProducingLoving County, TX31.884341-103.596226
42-301-31409ARCTIC 6ATLANTIC OPERATING II, LLCProducingLoving County, TX31.888822-103.586095
42-301-31410ARCTIC 7ATLANTIC OPERATING II, LLCShut InLoving County, TX31.886333-103.585975
42-301-31465ARCTIC 8ATLANTIC OPERATING II, LLCProducingLoving County, TX31.887542-103.597875

Leases included in Arctic

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-38481ARCTICATLANTIC OPERATING II, LLCLoving County, TX

Nearby Properties

These are the closest 20 properties to the Arctic property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Benny 54-1-47-2Loving County, TX116,270 BBLs232,603 MCFJan 2024
BeringLoving County, TX578 BBLs585 MCFJan 2024
Bonefish 76-45 Lov UnitLoving County, TX52,575 BBLs97,006 MCFJan 2024
Bongo 76-43 Lov UnitLoving County, TX32,736 BBLs69,946 MCFJan 2024
Boomslang 54-1-38-35Loving County, TX89,650 BBLs199,618 MCFJan 2024
China BeachLoving County, TX159 BBLs68 MCFJan 2024
EverestLoving County, TX154 BBLs235 MCFJan 2024
FranLoving County, TX0 BBLs0 MCFOct 2021
FrostLoving County, TX533 BBLs516 MCFJan 2024
JuneLoving County, TX1,069 BBLs1,354 MCFJan 2024
Kudu 53-2-6 LovLoving County, TX34,157 BBLs75,807 MCFJan 2024
Nyala 53-2-5 LovLoving County, TX20,467 BBLs41,054 MCFJan 2024
Pacific 1Loving County, TX355 BBLs556 MCFJan 2024
Page-JohnsonLoving County, TX0 BBLs0 MCFNov 2023
Permit 76-44 Lov UnitLoving County, TX83,953 BBLs168,373 MCFJan 2024
PolarLoving County, TX1,381 BBLs2,317 MCFJan 2024
Python 54-1-37-48Loving County, TX250,897 BBLs601,140 MCFJan 2024
Red LakeLoving County, TX532 BBLs847 MCFJan 2024
Small Eyed 54-1-36-25 UnitLoving County, TX181,830 BBLs464,544 MCFJan 2024
TXL 3Loving County, TX57 BBLs0 MCFJan 2024

Owners of Arctic

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023ATLANTIC OPERATING II LLCARCTICATLANTIC OPER II LLC
2023LOVING COUNTY MINERALS LPARCTICATLANTIC OPER II LLC
2023JOHNSON TRUST FBO D HAGGERTYARCTICATLANTIC OPER II LLC
2023AMMO OILARCTICATLANTIC OPER II LLC
2023ANADARKO E&P ONSHORE LLCARCTICATLANTIC OPER II LLC
2023SHELL WESTERN E&PARCTICATLANTIC OPER II LLC

Oil & Gas Sales on Arctic

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-38481ARCTICDec 2023ENTERPRISE CRUDE OIL LLCATLANTIC OPERATING II, LLC
08-38481ARCTICNov 2023ENTERPRISE CRUDE OIL LLCATLANTIC OPERATING II, LLC
08-38481ARCTICNov 2023ATLANTIC OPERATING II, LLC
08-38481ARCTICOct 2023ENTERPRISE CRUDE OIL LLCATLANTIC OPERATING II, LLC
08-38481ARCTICOct 2023ATLANTIC OPERATING II, LLC
08-38481ARCTICSep 2023ENTERPRISE CRUDE OIL LLCATLANTIC OPERATING II, LLC
08-38481ARCTICSep 2023ATLANTIC OPERATING II, LLC
08-38481ARCTICAug 2023ENTERPRISE CRUDE OIL LLCATLANTIC OPERATING II, LLC
08-38481ARCTICAug 2023ATLANTIC OPERATING II, LLC
08-38481ARCTICJul 2023ENTERPRISE CRUDE OIL LLCATLANTIC OPERATING II, LLC
08-38481ARCTICJul 2023ATLANTIC OPERATING II, LLC
08-38481ARCTICJun 2023ENTERPRISE CRUDE OIL LLCATLANTIC OPERATING II, LLC
08-38481ARCTICJun 2023ATLANTIC OPERATING II, LLC
08-38481ARCTICMay 2023ENTERPRISE CRUDE OIL LLCATLANTIC OPERATING II, LLC
08-38481ARCTICMay 2023ATLANTIC OPERATING II, LLC
08-38481ARCTICApr 2023ENTERPRISE CRUDE OIL LLCATLANTIC OPERATING II, LLC
08-38481ARCTICApr 2023ATLANTIC OPERATING II, LLC
08-38481ARCTICMar 2023ENTERPRISE CRUDE OIL LLCATLANTIC OPERATING II, LLC
08-38481ARCTICMar 2023ATLANTIC OPERATING II, LLC
08-38481ARCTICFeb 2023ENTERPRISE CRUDE OIL LLCATLANTIC OPERATING II, LLC
08-38481ARCTICFeb 2023ATLANTIC OPERATING II, LLC
08-38481ARCTICJan 2023ENTERPRISE CRUDE OIL LLCATLANTIC OPERATING II, LLC
08-38481ARCTICJan 2023ATLANTIC OPERATING II, LLC
08-38481ARCTICDec 2022ENTERPRISE CRUDE OIL LLCATLANTIC OPERATING II, LLC
08-38481ARCTICDec 2022ATLANTIC OPERATING II, LLC