Oil & Gas Property in Baldwin Offshore, AL
Key data points for State Lease 624
| County | Baldwin Offshore, AL |
|---|---|
| Production Dates | Nov 1993 - Jul 2025 |
| Total Oil Production | 86,055 BBLs |
| Total Gas Production | 359,439,544 MCF |
| Recent Oil Production | 103 BBLs in Jun 2025 |
| Recent Gas Production | 226,933 MCF in Jun 2025 |
| Wells on Property | 3 |
Our Valuation Estimates for State Lease 624
ShaleAssessment™
$1,429,132 *
MarketMultiple™
$859,418 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 7 properties to the State Lease 624 property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| S/L 531 #5 | Mobile Offshore, AL | 51 BBLs | 165,390 MCF | Jul 2025 |
| SL 615 | Baldwin Offshore, AL | 0 BBLs | 0 MCF | Feb 2015 |
| SL 624 #4 | Baldwin Offshore, AL | 172 BBLs | 248,798 MCF | Jul 2025 |
| State Lease | Baldwin Offshore, AL | 33 BBLs | 108,495 MCF | Jul 2025 |
| State Lease 3 | Baldwin Offshore, AL | 61 BBLs | 194,140 MCF | Jul 2025 |
| State Lease 34 | Mobile Offshore, AL | 135 BBLs | 425,795 MCF | Jul 2025 |
| State Lease 53 | Mobile Offshore, AL | 168 BBLs | 563,288 MCF | Jul 2025 |
These are the closest 5 companies operating near the State Lease 624 property.
| Company Name |
|---|
| Exxon Corporation |
| Exxon Mobil Corporation |
| Legacy Resources Co., L.P. |
| Mobil Oil Exploration & Producing Southeast, Inc. |
| W & T Offshore, Inc. |