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Texas gas well

Producing

POLAR

Polar is a gas well in Leon County, Texas, operated by Valence Operating Company in the Farrar (Cotton Valley Lime) field.

1 well

40,138mcf gas, last 12 months−9% vs prior year
Operator
Valence Operating Company
County
Leon County
Field
Farrar (Cotton Valley Lime)
RRC lease
05-233315

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Where it sits

This county

Leon CountyLeonLimestoneMadisonAndersonHoustonRobertsonFreestoneLeon County
Leon County
Oil, last 12 months
71 bbl
Gas in Jul 2026
3,042 mcf

Production by month

Gas output fell 9% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 9% over the last 12 monthsMonthly gas production and oil for POLAR, Aug 2023 to Jul 2026. Gas output fell 9% over the last 12 months. 40,138 mcf in the 12 months through Jul 2026, against 43,998 mcf in the 12 months before.Last 12 months: 40,138 mcfmcf per monthbbl per month002,000504,0001006,0001508,000200Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 9% over the last 12 monthsMonthly gas production and oil for POLAR, Aug 2023 to Jul 2026. Gas output fell 9% over the last 12 months. 40,138 mcf in the 12 months through Jul 2026, against 43,998 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month002,000504,0001006,0001508,000200Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

92% of the gas went to a transmission line in the last 12 months

  • Transmission line (2)
  • Lease fuel (1)
92% of the gas went to a transmission line in the last 12 monthsShare of POLAR gas by disposition code each month, Aug 2023 to Jul 2026. 92% of the gas went to a transmission line in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
92% of the gas went to a transmission line in the last 12 monthsShare of POLAR gas by disposition code each month, Aug 2023 to Jul 2026. 92% of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    92% · 36,810 mcf

  • Lease fuel (1)

    8.3% · 3,328 mcf

1 well on this lease

Wells on POLAR
API numberWell no.Status
42-289-316501Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Eastex Crude Company, LLCCondensateGathers100Aug 1, 2026–
Midcoast G & P (East Texas) L.p.Gas-well gasBuys100Feb 1, 2019–
Midcoast Pipelines (E Tx) L.p.Gas-well gasGathers100Feb 1, 2019–
Plains Marketing, L.p.CondensateGathers100Jul 15, 2007Aug 1, 2026
Enbridge Pipelines (E. Tx) L.p.Gas-well gasGathers100Jul 15, 2007Feb 1, 2019
Enbridge Pipelines (E. Tx) L.p.Gas-well gasBuys100Jul 15, 2007Feb 1, 2019

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

577.72 acres on the newest permit

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Permits for Polar
API numberWell no.Acreson the permit
42-289-316501577.72

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

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36 months, newest first

Ledger for POLAR
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026103,0422,6480$80.46$2.89
Jun 20263203,3213,0260$84.81$3.15
May 2026002,8742,5730$102.13$2.94
Apr 2026002,4132,2060$100.32$2.77
Mar 2026004,6514,2750$91.38$3.04
Feb 2026901,4191,4170$64.51$3.62
Jan 2026112,4302,4300$60.04$7.72
Dec 2025303,6103,3090$57.97$4.26
Nov 2025004,4144,0360$60.06$3.79
Oct 20252504,4584,0250$60.89$3.19
Sep 2025004,3463,9820$63.96$2.97
Aug 2025003,1602,8830$64.86$2.91
Jul 2025004,9584,5490$68.39$3.20
Jun 20251391615,5095,0850$68.17$3.02
May 2025003,5793,5790$62.17$3.12
Apr 2025003,1902,9600$63.54$3.42
Mar 2025003,3133,2000$68.24$4.12
Feb 2025003,2043,1650$71.53$4.19
Jan 2025004,1584,0750$75.74$4.13
Dec 2024003,6953,6050$70.12$3.01
Nov 20241003,8713,7360$69.95$2.12
Oct 20241271853,5563,4420$71.99$2.20
Sep 20242503,3293,2170$70.24$2.28
Aug 20242001,6361,5870$76.68$1.99
Jul 2024002,1462,0790$81.80$2.07
Jun 2024003,7583,6560$79.77$2.54
May 202400000$80.02$2.12
Apr 2024001,8601,8270$85.35$1.60
Mar 2024003,0983,0030$81.28$1.49
Feb 2024002,4492,4140$77.25$1.72
Jan 20242002,4792,4110$74.15$3.18
Dec 2023191932,8482,7180$71.90$2.52
Nov 20233202,8082,6320$77.69$2.71
Oct 2023002,6302,4790$85.64$2.98
Sep 20231101,7411,6350$89.43$2.64
Aug 2023802,8252,6510$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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This lease belongs to

OperatorValence Operating CompanyFieldFarrar (Cotton Valley Lime)CountyLeon County

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