Polar

Oil & Gas Property in Loving County, TX

Property Summary

Key data points for Polar

CountyLoving County, TX
OperatorATLANTIC OPERATING II, LLC
Production DatesJan 2010 - Apr 2025
Total Oil Production398,950 BBLs
Total Gas Production559,980 MCF
Recent Oil Production1,210 BBLs in Mar 2025
Recent Gas Production1,796 MCF in Mar 2025
Wells on Property8

Our Valuation Estimates for Polar

ShaleAssessment

$55,143 *

MarketMultiple

$163,859 **

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

Based on a decimal interest

Polar Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Polar
from Jan 2010 to Apr 2025

Wells on Polar

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-301-31518POLAR 1ATLANTIC OPERATING II, LLCShut InLoving County, TX31.891387-103.591849
42-301-31526POLAR 2ATLANTIC OPERATING II, LLCProducingLoving County, TX31.891474-103.585376
42-301-31528POLAR 4ATLANTIC OPERATING II, LLCProducingLoving County, TX31.893996-103.584868
42-301-31529POLAR 3ATLANTIC OPERATING II, LLCProducingLoving County, TX31.893352-103.587790
42-301-31590POLAR 5ATLANTIC OPERATING II, LLCProducingLoving County, TX31.896854-103.583194
42-301-31651POLAR 6ATLANTIC OPERATING II, LLCProducingLoving County, TX31.896390-103.589507
42-301-31893POLAR 7ATLANTIC OPERATING II, LLCProducingLoving County, TX31.894498-103.592842
42-301-32084POLAR 8ATLANTIC OPERATING II, LLCShut InLoving County, TX31.891535-103.594914

Leases included in Polar

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-39801POLARATLANTIC OPERATING II, LLCLoving County, TX

Nearby Properties

These are the closest 20 properties to the Polar property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
ArcticLoving County, TX1,100 BBLs721 MCFApr 2025
Benny 54-1-47-2Loving County, TX43,758 BBLs97,384 MCFApr 2025
BeringLoving County, TX461 BBLs422 MCFApr 2025
Bonefish 76-45 Lov UnitLoving County, TX37,818 BBLs69,706 MCFApr 2025
Bongo 76-43 Lov UnitLoving County, TX28,182 BBLs59,658 MCFApr 2025
Boomslang 54-1-38-35Loving County, TX207,160 BBLs502,756 MCFApr 2025
FranLoving County, TX0 BBLs0 MCFOct 2021
FrostLoving County, TX439 BBLs575 MCFApr 2025
JuneLoving County, TX970 BBLs1,539 MCFApr 2025
Kudu 53-2-6 LovLoving County, TX20,139 BBLs44,263 MCFApr 2025
LovingLoving County, TX0 BBLs0 MCFApr 2020
Nyala 53-2-5 LovLoving County, TX13,243 BBLs31,794 MCFApr 2025
Pacific 1Loving County, TX304 BBLs571 MCFApr 2025
Page-JohnsonLoving County, TX0 BBLs0 MCFFeb 2024
Permit 76-44 Lov UnitLoving County, TX68,377 BBLs149,373 MCFApr 2025
Python 54-1-37-48Loving County, TX92,318 BBLs382,927 MCFApr 2025
Rattler 54-2-1-12 UnitLoving County, TX0 BBLs0 MCFMay 2025
Red LakeLoving County, TX413 BBLs788 MCFApr 2025
Small Eyed 54-1-36-25 UnitLoving County, TX150,595 BBLs449,473 MCFApr 2025
TXL 3Loving County, TX0 BBLs0 MCFAug 2024

Frac'ing activity on Polar

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-301-31651Polar #6
42-301-31893Polar 7
42-301-32084Polar 8

Owners of Polar

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024ATLANTIC OPERATING II LLCPOLARATLANTIC OPER II LLC
2024LOVING COUNTY MINERALS LPPOLARATLANTIC OPER II LLC
2024JOHNSON TRUST FBO D HAGGERTYPOLARATLANTIC OPER II LLC
2024ANADARKO E&P ONSHORE LLCPOLARATLANTIC OPER II LLC
2024SHELL WESTERN E&PPOLARATLANTIC OPER II LLC

Oil & Gas Sales on Polar

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-39801POLARApr 2025ENTERPRISE CRUDE OIL LLCATLANTIC OPERATING II, LLC
08-39801POLARMar 2025ENTERPRISE CRUDE OIL LLCATLANTIC OPERATING II, LLC
08-39801POLARMar 2025ATLANTIC OPERATING II, LLC
08-39801POLARFeb 2025ENTERPRISE CRUDE OIL LLCATLANTIC OPERATING II, LLC
08-39801POLARFeb 2025ATLANTIC OPERATING II, LLC
08-39801POLARJan 2025ENTERPRISE CRUDE OIL LLCATLANTIC OPERATING II, LLC
08-39801POLARJan 2025ATLANTIC OPERATING II, LLC
08-39801POLARDec 2024ENTERPRISE CRUDE OIL LLCATLANTIC OPERATING II, LLC
08-39801POLARDec 2024ATLANTIC OPERATING II, LLC
08-39801POLARNov 2024ENTERPRISE CRUDE OIL LLCATLANTIC OPERATING II, LLC
08-39801POLARNov 2024ATLANTIC OPERATING II, LLC
08-39801POLAROct 2024ENTERPRISE CRUDE OIL LLCATLANTIC OPERATING II, LLC
08-39801POLAROct 2024ATLANTIC OPERATING II, LLC
08-39801POLARSep 2024ENTERPRISE CRUDE OIL LLCATLANTIC OPERATING II, LLC
08-39801POLARSep 2024ATLANTIC OPERATING II, LLC
08-39801POLARAug 2024ENTERPRISE CRUDE OIL LLCATLANTIC OPERATING II, LLC
08-39801POLARAug 2024ATLANTIC OPERATING II, LLC
08-39801POLARJul 2024ENTERPRISE CRUDE OIL LLCATLANTIC OPERATING II, LLC
08-39801POLARJul 2024ATLANTIC OPERATING II, LLC
08-39801POLARJun 2024ENTERPRISE CRUDE OIL LLCATLANTIC OPERATING II, LLC
08-39801POLARJun 2024ATLANTIC OPERATING II, LLC
08-39801POLARMay 2024ENTERPRISE CRUDE OIL LLCATLANTIC OPERATING II, LLC
08-39801POLARMay 2024ATLANTIC OPERATING II, LLC
08-39801POLARApr 2024ENTERPRISE CRUDE OIL LLCATLANTIC OPERATING II, LLC
08-39801POLARApr 2024ATLANTIC OPERATING II, LLC