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 2025
Total Oil Production6,468 BBLs
Total Gas Production1,300,810 MCF
Recent Oil Production0 BBLs in Dec 2024
Recent Gas Production3,695 MCF in Dec 2024
Wells on Property1

Our Valuation Estimates for Polar 1

ShaleAssessment

$8,839 *

MarketMultiple

$10,409 **

* 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 Jan 2025

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 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, TX6 BBLs29,913 MCFJan 2025
Foley Gas UnitLeon County, TX0 BBLs7,372 MCFJan 2025
Gillen IraLeon County, TX148 BBLs10,110 MCFJan 2025
GoostreeLeon County, TX0 BBLs157 MCFJan 2025
GrizzlyLeon County, TX0 BBLs1,336 MCFJan 2025
GuestLeon County, TX77 BBLs2,988 MCFJan 2025
Harrell CLeon County, TX0 BBLs1,543 MCFJan 2025
Holiday Resources A 1Limestone County, TX0 BBLs902 MCFJan 2025
Lewis BLeon County, TX23 BBLs26,876 MCFJan 2025
Little Flock 1Leon County, TX0 BBLs7,695 MCFJan 2025
McKenzieLimestone County, TX0 BBLs1,902 MCFJan 2025
Newell ALeon County, TX90 BBLs3,101 MCFJan 2025
PinnacleLeon County, TX0 BBLs6,518 MCFJan 2025
Pratt Gas Unit No. 1Limestone County, TX0 BBLs20,069 MCFJan 2025
Reliant Energy UnitLeon County, TX2 BBLs27,935 MCFJan 2025
Robert Shaw Gas Unit No. 1Limestone County, TX15 BBLs11,208 MCFJan 2025
Sadler 1Limestone County, TX0 BBLs99 MCFJan 2025
Sadler Carl Gas Unit No. 1Limestone County, TX0 BBLs10,589 MCFJan 2025
Shaw Robert Gas Unit No. 1Limestone County, TX13 BBLs11,986 MCFJan 2025
Tumlinson ALimestone County, TX43 BBLs16,591 MCFJan 2025

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
2024BARNES NASHLEE JOY MORTONPOLAR (01)VALENCE OPERATING CO
2024MORTON CLAYTON JOEPOLAR (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