Oil & Gas Property in Baldwin Offshore, AL
Key data points for State Lease 624
County | Baldwin Offshore, AL |
---|---|
Production Dates | Nov 1993 - Feb 2024 |
Total Oil Production | 85,096 BBLs |
Total Gas Production | 356,482,842 MCF |
Recent Oil Production | 120 BBLs in Jan 2024 |
Recent Gas Production | 268,724 MCF in Jan 2024 |
Wells on Property | 3 |
Our Valuation Estimates for State Lease 624
ShaleAssessment™
$1,712,476 *
MarketMultiple™
$866,076 **
* 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 6 properties to the State Lease 624 property.
Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
---|---|---|---|---|
S/L 531 #5 | Mobile Offshore, AL | 76 BBLs | 185,679 MCF | Feb 2024 |
SL 615 | Baldwin Offshore, AL | 0 BBLs | 0 MCF | Feb 2015 |
SL 624 #4 | Baldwin Offshore, AL | 175 BBLs | 392,393 MCF | Feb 2024 |
State Lease 3 | Baldwin Offshore, AL | 100 BBLs | 227,354 MCF | Feb 2024 |
State Lease 34 | Mobile Offshore, AL | 225 BBLs | 510,039 MCF | Feb 2024 |
State Lease 53 | Mobile Offshore, AL | 244 BBLs | 583,346 MCF | Feb 2024 |
These are the closest 4 companies operating near the State Lease 624 property.
Company Name |
---|
Exxon Mobil Corporation |
Legacy Resources Co., L.P. |
Mobil Oil Exploration & Producing Southeast, Inc. |
W & T Offshore, Inc. |