POLARIS 7
POLARIS 7 is a Texas oil lease in Loving County, Railroad Commission district 08, operated by Eog Resources, Inc. It has 7 wellbores on file with the Commission. Reported production runs from May 2021 to August 2026, totalling 2,316,294 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $21.5M, with roughly $8.0M expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 13,072 barrels a month, about 1,867 per wellbore. Its strongest month on the record we hold was October 2021, at 234,724 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about POLARIS 7
- Who operates POLARIS 7?
- POLARIS 7 is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is POLARIS 7?
- POLARIS 7 is a Texas oil lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 56466.
- Is POLARIS 7 still producing?
- POLARIS 7 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for POLARIS 7 is August 2026.
- How much has POLARIS 7 produced?
- POLARIS 7 has reported 2,316,294 barrels of oil (bbl) to the Railroad Commission of Texas between May 2021 and August 2026, from 7 wellbores.
- How much is POLARIS 7 worth?
- The remaining production from POLARIS 7 is estimated to be worth about $21.5M in total as of 27 August 2026, within a range of $17.6M to $25.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in POLARIS 7 is a fraction of it. The estimate fits an Arps decline curve to the production POLARIS 7 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for POLARIS 7 is an estimate of value, not an offer and not an appraisal.
- How much income does POLARIS 7 generate in a year?
- POLARIS 7 is forecast to net about $8.0M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in POLARIS 7 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Loving County, Texas |
| RRC district | 08 |
| Lease number | 56466 |
| Wellbores | 7 |
| Reported production | 2,316,294 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $21.5M |
Where POLARIS 7 sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.