State Lease

Oil & Gas Property in Baldwin Offshore, AL

Property Summary

Key data points for State Lease

County,
Production DatesNov 1993 - Feb 2025
Total Oil Production167,304 BBLs
Total Gas Production679,324,825 MCF
Recent Oil Production111 BBLs in Jan 2025
Recent Gas Production230,843 MCF in Jan 2025
Wells on Property7

Our Valuation Estimates for State Lease

ShaleAssessment

$3,067,421 *

MarketMultiple

$800,213 **

* 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 2025

Wells on State Lease

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
Unknown,
Unknown,
Unknown,
Unknown,
Unknown,
Unknown,
Unknown,

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
State LeaseMobile Offshore, AL10 BBLs20,191 MCFFeb 2025
State Lease 3Baldwin Offshore, AL65 BBLs197,383 MCFFeb 2025
State Lease 34Mobile Offshore, AL136 BBLs410,676 MCFFeb 2025

Companies in the Area

These are the closest 0 companies operating near the State Lease property.

Company Name