POLARIS UNIT 9B
POLARIS UNIT 9B is a Texas oil lease in Lee County, Railroad Commission district 03, operated by Riley Exploration Opg Co, LLC. It has 1 wellbore on file with the Commission. Reported production runs from December 2014 to August 2026, totalling 227,735 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 $1.4M, with roughly $358K 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 506 barrels a month. Its strongest month on the record we hold was December 2016, at 4,419 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 UNIT 9B
- Who operates POLARIS UNIT 9B?
- POLARIS UNIT 9B is operated by Riley Exploration Opg Co, LLC, Railroad Commission of Texas operator number 712153.
- Where is POLARIS UNIT 9B?
- POLARIS UNIT 9B is a Texas oil lease in Lee County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 26945.
- Is POLARIS UNIT 9B still producing?
- POLARIS UNIT 9B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for POLARIS UNIT 9B is August 2026.
- How much has POLARIS UNIT 9B produced?
- POLARIS UNIT 9B has reported 227,735 barrels of oil (bbl) to the Railroad Commission of Texas between December 2014 and August 2026, from 1 wellbore.
- How much is POLARIS UNIT 9B worth?
- The remaining production from POLARIS UNIT 9B is estimated to be worth about $1.4M in total as of 26 August 2026, within a range of $1.1M to $1.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in POLARIS UNIT 9B is a fraction of it. The estimate fits an Arps decline curve to the production POLARIS UNIT 9B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for POLARIS UNIT 9B is an estimate of value, not an offer and not an appraisal.
- How much income does POLARIS UNIT 9B generate in a year?
- POLARIS UNIT 9B is forecast to net about $358K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in POLARIS UNIT 9B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Riley Exploration Opg Co, LLC |
|---|---|
| Field | Southern Bay (Eagle Ford) |
| County | Lee County, Texas |
| RRC district | 03 |
| Lease number | 26945 |
| Wellbores | 1 |
| Reported production | 227,735 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.4M |
Where POLARIS UNIT 9B 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.