Oil & Gas Property in Baldwin Offshore, AL
Key data points for State Lease 624
| County | Baldwin Offshore, AL |
|---|---|
| Production Dates | Nov 1993 - Jun 2025 |
| Total Oil Production | 85,970 BBLs |
| Total Gas Production | 359,093,951 MCF |
| Recent Oil Production | 2 BBLs in May 2025 |
| Recent Gas Production | 360,245 MCF in May 2025 |
| Wells on Property | 3 |
Our Valuation Estimates for State Lease 624
ShaleAssessment™
$1,444,532 *
MarketMultiple™
$795,095 **
* 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 | 1 BBLs | 159,686 MCF | Jun 2025 |
| SL 615 | Baldwin Offshore, AL | 0 BBLs | 0 MCF | Feb 2015 |
| SL 624 #4 | Baldwin Offshore, AL | 3 BBLs | 377,343 MCF | Jun 2025 |
| State Lease | Baldwin Offshore, AL | 1 BBLs | 150,634 MCF | Jun 2025 |
| State Lease 3 | Baldwin Offshore, AL | 1 BBLs | 213,789 MCF | Jun 2025 |
| State Lease 34 | Mobile Offshore, AL | 3 BBLs | 498,992 MCF | Jun 2025 |
| State Lease 53 | Mobile Offshore, AL | 4 BBLs | 591,547 MCF | Jun 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. |