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 - Oct 2024
Total Oil Production6,458 BBLs
Total Gas Production1,289,086 MCF
Recent Oil Production25 BBLs in Sep 2024
Recent Gas Production3,329 MCF in Sep 2024
Wells on Property1

Our Valuation Estimates for Polar 1

ShaleAssessment

$9,189 *

MarketMultiple

$5,707 **

* 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
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to oil and gas production for Polar 1
from Jul 2007 to Oct 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, TX19 BBLs18,907 MCFOct 2024
Foley Gas UnitLeon County, TX0 BBLs7,313 MCFOct 2024
Gillen IraLeon County, TX33 BBLs6,520 MCFOct 2024
GoostreeLeon County, TX0 BBLs122 MCFOct 2024
GrizzlyLeon County, TX15 BBLs254 MCFOct 2024
GuestLeon County, TX0 BBLs415 MCFOct 2024
Harrell CLeon County, TX0 BBLs1,236 MCFOct 2024
Holiday Resources A 1Limestone County, TX0 BBLs651 MCFOct 2024
Lewis BLeon County, TX8 BBLs17,830 MCFOct 2024
Little Flock 1Leon County, TX0 BBLs7,803 MCFOct 2024
McKenzieLimestone County, TX0 BBLs1,793 MCFOct 2024
Newell ALeon County, TX0 BBLs1,419 MCFOct 2024
PinnacleLeon County, TX0 BBLs3,289 MCFOct 2024
Pratt Gas Unit No. 1Limestone County, TX0 BBLs1,129 MCFOct 2024
Reliant Energy UnitLeon County, TX0 BBLs28,059 MCFOct 2024
Robert Shaw Gas Unit No. 1Limestone County, TX7 BBLs9,729 MCFOct 2024
Sadler 1Limestone County, TX0 BBLs125 MCFOct 2024
Sadler Carl Gas Unit No. 1Limestone County, TX0 BBLs10,949 MCFOct 2024
Shaw Robert Gas Unit No. 1Limestone County, TX4 BBLs6,568 MCFOct 2024
Tumlinson ALimestone County, TX13 BBLs17,839 MCFOct 2024

Owners of Polar 1

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024VALENCE OPERATING COMPANY (WI)POLAR (01)VALENCE OPERATING CO
2024TY-TEX EXPLORATION INCPOLAR (01)VALENCE OPERATING CO
2024GOOSTREE FAYE CLARK TEST TRUSTPOLAR (01)VALENCE OPERATING CO
2024MORTON CLAYTON JOEPOLAR (01)VALENCE OPERATING CO
2024BARNES NASHLEE JOY MORTONPOLAR (01)VALENCE OPERATING CO
2024SCHARBAUER JOHN ESTATE TRUSTPOLAR (01)VALENCE OPERATING CO
2024THE CUMBERLAND REST INCPOLAR (01)VALENCE OPERATING CO
2024ALL CHURCH HOME FOR CHILDRENPOLAR (01)VALENCE OPERATING CO
Displaying 8 of 45 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 1Oct 2024PLAINS MARKETING, L.P.VALENCE OPERATING COMPANY
05-233315POLAR 1Apr 2024ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-233315POLAR 1Apr 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-233315POLAR 1Mar 2024ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-233315POLAR 1Mar 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-233315POLAR 1Feb 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-233315POLAR 1Feb 2024ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-233315POLAR 1Jan 2024ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-233315POLAR 1Jan 2024VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-233315POLAR 1Dec 2023VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-233315POLAR 1Dec 2023PLAINS MARKETING, L.P.VALENCE OPERATING COMPANY
05-233315POLAR 1Dec 2023ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-233315POLAR 1Nov 2023ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-233315POLAR 1Nov 2023VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-233315POLAR 1Oct 2023ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-233315POLAR 1Oct 2023VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-233315POLAR 1Sep 2023VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-233315POLAR 1Sep 2023ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-233315POLAR 1Aug 2023ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-233315POLAR 1Aug 2023VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-233315POLAR 1Jul 2023ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-233315POLAR 1Jul 2023VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-233315POLAR 1Jun 2023VALENCE OPERATING COMPANYVALENCE OPERATING COMPANY
05-233315POLAR 1Jun 2023ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY
05-233315POLAR 1May 2023ENBRIDGE PIPELINES (EAST TEXAS) L.P.VALENCE OPERATING COMPANY