State Lease

Oil & Gas Property in Baldwin Offshore, AL

  2. Alabama
  3. Baldwin Offshore, AL
  4. Oil & Gas Properties in Baldwin Offshore, AL
  5. State Lease Oil & Gas Property

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Property Summary

Key data points for State Lease

CountyBaldwin Offshore, AL
Production DatesNov 1993 - Feb 2026
Total Oil Production37,120 BBLs
Total Gas Production196,370,183 MCF
Recent Oil Production79 BBLs in Jan 2026
Recent Gas Production192,299 MCF in Jan 2026
Wells on Property8

Our Valuation Estimates for State Lease

ShaleAssessment™

Not Available

MarketMultiple™

$1,017,369 **

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

Based on a decimal interest

State Lease 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
from Nov 1993 to Feb 2026

Wells on State Lease

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
01-203-19940STATE LEASE 539 #1Exxon Corp.CanceledBaldwin Offshore, AL30.182254-87.900234
01-203-19941STATE LEASE 539 #1Exxon Corp.CanceledBaldwin Offshore, AL30.182254-87.900234
01-203-20165STATE LEASE 538 #1Exxon Mobil CorporationProducingBaldwin Offshore, AL30.188268-87.953635
01-203-20196STATE LEASE 620 #1Exxon Corp.Dry And AbandonedBaldwin Offshore, AL30.215282-87.934662
01-203-20208STATE LEASE 539 #1Exxon Corp.CanceledBaldwin Offshore, AL30.182254-87.900234
01-203-20271STATE LEASE 539 No.1Exxon Mobil CorporationTemporarily AbandonedBaldwin Offshore, AL30.188220-87.953690
01-203-20293STATE LEASE 538 TR. 115 #2Exxon Mobil CorporationProducingBaldwin Offshore, AL30.188450-87.953880
01-203-20309State Lease 538, Tract 115, Well No. 3Exxon Mobil CorporationProducingBaldwin Offshore, AL30.195920-87.977330

Operators Associated With State Lease

Nearby Properties

These are the closest 4 properties to the State Lease property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
SL 615Baldwin Offshore, AL0 BBLs0 MCFFeb 2015
SL 624 #4Baldwin Offshore, AL138 BBLs341,811 MCFFeb 2026
State Lease 3Baldwin Offshore, AL71 BBLs176,528 MCFFeb 2026
State Lease 624Baldwin Offshore, AL115 BBLs284,940 MCFFeb 2026

Companies in the Area

These are the closest 4 companies operating near the State Lease property.

Company Name
Exxon Corporation
Exxon Mobil Corporation
Legacy Resources Co., L.P.
Mobil Oil Exploration & Producing Southeast, Inc.