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 - Sep 2025
Total Oil Production167,937 BBLs
Total Gas Production681,881,895 MCF
Recent Oil Production237 BBLs in Aug 2025
Recent Gas Production452,806 MCF in Aug 2025
Wells on Property7

Our Valuation Estimates for State Lease

ShaleAssessment™

$2,851,180 *

MarketMultiple™

$1,473,212 **

* 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 Sep 2025

Wells on State Lease

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
01-203-20143STATE LEASE 535 #1Exxon Mobil CorporationProducingBaldwin Offshore, AL30.291670-87.995560
01-203-20193STATE LEASE 613 #1Exxon Corp.Dry And AbandonedBaldwin Offshore, AL30.315314-87.988658
01-203-20258STATE LEASE 615 #1Exxon Mobil CorporationProducingBaldwin Offshore, AL30.291670-87.995515
01-203-20289STATE LEASE 535 (TR. 63) #2Exxon Mobil CorporationProducingBaldwin Offshore, AL30.292190-88.010920
01-203-20291STATE LEASE 535 TR. 63 #3Exxon Mobil CorporationDry And AbandonedBaldwin Offshore, AL30.301390-88.019720
01-203-20292STATE LEASE 613 TR. 64 #2Exxon Mobil CorporationProducingBaldwin Offshore, AL30.291700-87.978590
01-203-20295STATE LEASE 615 TR. 78 #6Legacy Resources Co., L.P.CanceledBaldwin Offshore, AL30.277800-87.951600

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
State LeaseMobile Offshore, AL23 BBLs43,448 MCFSep 2025
State Lease 3Baldwin Offshore, AL157 BBLs289,588 MCFSep 2025
State Lease 34Mobile Offshore, AL243 BBLs449,435 MCFSep 2025

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.