State Lease 624

Oil & Gas Property in Baldwin Offshore, AL

Property Summary

Key data points for State Lease 624

CountyBaldwin Offshore, AL
Production DatesNov 1993 - Feb 2026
Total Oil Production87,139 BBLs
Total Gas Production361,548,596 MCF
Recent Oil Production115 BBLs in Jan 2026
Recent Gas Production284,940 MCF in Jan 2026
Wells on Property3

Our Valuation Estimates for State Lease 624

ShaleAssessment

$1,324,012 *

MarketMultiple

$1,583,540 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

State Lease 624 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for State Lease 624
from Nov 1993 to Feb 2026

Wells on State Lease 624

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
01-203-20181STATE LEASE 624 #1Exxon Corp.Plugged And AbandonedBaldwin Offshore, AL30.198216-88.021274
01-203-20270STATE LEASE 624 #2Exxon Mobil CorporationProducingBaldwin Offshore, AL30.183333-88.021667
01-203-20282STATE LEASE 624 #3Exxon Mobil CorporationProducingBaldwin Offshore, AL30.188889-88.021667

Operators Associated With State Lease 624

Nearby Properties

These are the closest 7 properties to the State Lease 624 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
S/L 531 #5Mobile Offshore, AL8 BBLs20,020 MCFFeb 2026
SL 615Baldwin Offshore, AL0 BBLs0 MCFFeb 2015
SL 624 #4Baldwin Offshore, AL138 BBLs341,811 MCFFeb 2026
State LeaseBaldwin Offshore, AL79 BBLs192,299 MCFFeb 2026
State Lease 3Baldwin Offshore, AL71 BBLs176,528 MCFFeb 2026
State Lease 34Mobile Offshore, AL170 BBLs423,290 MCFFeb 2026
State Lease 53Mobile Offshore, AL218 BBLs535,087 MCFFeb 2026

Companies in the Area

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.