Polar

Oil & Gas Property in Loving County, TX

  2. Texas
  3. Loving County, TX
  4. Oil & Gas Properties in Loving County, TX
  5. Polar Oil & Gas Property

Map of Wells Full Screen Map 3-D Map

Property Summary

Key data points for Polar

CountyLoving County, TX
OperatorATLANTIC OPERATING II, LLC
Production DatesJan 2010 - Jan 2025
Total Oil Production395,180 BBLs
Total Gas Production554,813 MCF
Recent Oil Production1,325 BBLs in Dec 2024
Recent Gas Production2,082 MCF in Dec 2024
Wells on Property8

Our Valuation Estimates for Polar

ShaleAssessment™

$57,208 *

MarketMultiple™

$173,451 **

* 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
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for Polar
from Jan 2010 to Jan 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, LLCProducingLoving 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, TX1,148 BBLs933 MCFJan 2025
Benny 54-1-47-2Loving County, TX59,934 BBLs145,939 MCFJan 2025
BeringLoving County, TX473 BBLs557 MCFJan 2025
Bonefish 76-45 Lov UnitLoving County, TX28,763 BBLs49,447 MCFJan 2025
Bongo 76-43 Lov UnitLoving County, TX37,297 BBLs75,329 MCFJan 2025
Boomslang 54-1-38-35Loving County, TX38,124 BBLs74,609 MCFFeb 2025
FranLoving County, TX0 BBLs0 MCFOct 2021
FrostLoving County, TX395 BBLs496 MCFJan 2025
Johnson W. D. Jr. EtalLoving County, TX0 BBLs0 MCFOct 2016
JuneLoving County, TX928 BBLs1,447 MCFJan 2025
Kudu 53-2-6 LovLoving County, TX27,807 BBLs60,620 MCFJan 2025
LovingLoving County, TX0 BBLs0 MCFApr 2020
Nyala 53-2-5 LovLoving County, TX16,132 BBLs37,334 MCFJan 2025
Pacific 1Loving County, TX315 BBLs597 MCFJan 2025
Page-JohnsonLoving County, TX0 BBLs0 MCFFeb 2024
Permit 76-44 Lov UnitLoving County, TX57,973 BBLs118,780 MCFJan 2025
Python 54-1-37-48Loving County, TX104,661 BBLs478,864 MCFJan 2025
Red LakeLoving County, TX561 BBLs905 MCFJan 2025
Small Eyed 54-1-36-25 UnitLoving County, TX214,187 BBLs563,444 MCFJan 2025
TXL 3Loving County, TX0 BBLs0 MCFAug 2024

Companies in the Area

These are the closest 20 companies operating near the Polar property.

Company Name
Anadarko E&P Onshore LLC
Anadarko Petroleum Corporation
Atlantic Operating II, LLC
Atlantic Operating, Inc.
Baytech Inc
BCP Resources, LLC
Costa Resources, Inc.
EOG Resources, Inc.
Limark Corporation
LRR Pecos Valley, LLC
Maralo, Inc.
Pdeh LLC
Putnam, Paul Oil
Rodan, Inc.
Rosehill Operating Company, LLC
Shell Western E&P
Tema Oil And Gas Company
Walsh & Watts Inc
WPX Energy Permian, LLC
XTO Energy Inc.

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
2024SHELL WESTERN E&PPOLARATLANTIC OPER II LLC
2024ANADARKO E&P ONSHORE LLCPOLARATLANTIC OPER II LLC

Oil & Gas Sales on Polar

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-39801POLAROct 2024ENTERPRISE CRUDE OIL LLCATLANTIC 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
08-39801POLARMar 2024ENTERPRISE CRUDE OIL LLCATLANTIC OPERATING II, LLC
08-39801POLARMar 2024ATLANTIC OPERATING II, LLC
08-39801POLARFeb 2024ENTERPRISE CRUDE OIL LLCATLANTIC OPERATING II, LLC
08-39801POLARFeb 2024ATLANTIC OPERATING II, LLC
08-39801POLARJan 2024ENTERPRISE CRUDE OIL LLCATLANTIC OPERATING II, LLC
08-39801POLARJan 2024ATLANTIC OPERATING II, LLC
08-39801POLARDec 2023ENTERPRISE CRUDE OIL LLCATLANTIC OPERATING II, LLC
08-39801POLARDec 2023ATLANTIC OPERATING II, LLC
08-39801POLARNov 2023ENTERPRISE CRUDE OIL LLCATLANTIC OPERATING II, LLC
08-39801POLARNov 2023ATLANTIC OPERATING II, LLC
08-39801POLAROct 2023ENTERPRISE CRUDE OIL LLCATLANTIC OPERATING II, LLC
08-39801POLAROct 2023ATLANTIC OPERATING II, LLC