State Lease 34

Oil & Gas Property in Mobile Offshore, AL

  2. Alabama
  3. Mobile Offshore, AL
  4. Oil & Gas Properties in Mobile Offshore, AL
  5. State Lease 34 Oil & Gas Property

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Property Summary

Key data points for State Lease 34

CountiesMobile Offshore, AL
Mobile County, AL
Baldwin Offshore, AL
OperatorMOBIL OIL EXPLORATION & PRODUCING SOUTHEAST, INC.
Production DatesApr 1988 - Jun 2026
Total Oil Production99,509 BBLs
Total Gas Production456,390,793 MCF
Recent Oil Production0 BBLs in May 2026
Recent Gas Production339,985 MCF in May 2026
Wells on Property11

Our Valuation Estimates for State Lease 34

ShaleAssessment™

$1,146,964 *

MarketMultiple™

$2,204,654 **

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

Based on a decimal interest

State Lease 34 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 34
from Apr 1988 to Jun 2026

Wells on State Lease 34

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
01-097-20211STATE LEASE 349 #1Mobil Oil Exploration & Producing Southeast, Inc.CanceledMobile County, AL30.239786-88.066532
01-203-20104STATE LEASE 348 #1Mobil Oil Exploration & Producing Southeast, Inc.ProducingBaldwin Offshore, AL30.261389-88.023889
01-203-20237STATE LEASE 348 #4Mobil Oil Exploration & Producing Southeast, Inc.Dry And AbandonedBaldwin Offshore, AL30.251672-88.021472
01-297-19512STATE LEASE 349 #1Mobil Oil Exploration & Producing Southeast, Inc.CanceledMobile Offshore, AL30.239786-88.066532
01-297-20135STATE LEASE 347 #1Mobil Oil Exploration & Producing Southeast, Inc.Temporarily AbandonedMobile Offshore, AL30.253611-88.052222
01-297-20135STATE LEASE 347 #1Mobil Oil Exploration & Producing Southeast, Inc.Dry And AbandonedMobile Offshore, AL30.253611-88.052222
01-297-20189STATE LEASE 349 #2Mobil Oil Exploration & Producing Southeast, Inc.Shut InMobile Offshore, AL30.253888-88.052222
01-297-20211STATE LEASE 349 #1Mobil Oil Exploration & Producing Southeast, Inc.CanceledMobile Offshore, AL30.238611-88.070833
01-297-20221STATE LEASE 347 #2Mobil Oil Exploration & Producing Southeast, Inc.Plugged And AbandonedMobile Offshore, AL30.264413-88.066419
01-297-20233STATE LEASE 348 (TRACT 77) #2Mobil Oil Exploration & Producing Southeast, Inc.ProducingMobile Offshore, AL30.261389-88.023889
01-297-20378STATE LEASE 347, TRACT 76, #3Mobil Oil Exploration & Producing Southeast, Inc.ProducingMobile Offshore, AL30.253790-88.052170

Nearby Properties

These are the closest 8 properties to the State Lease 34 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
S/L 531 #5Mobile Offshore, AL33 BBLs156,577 MCFJun 2026
SL 615Baldwin Offshore, AL0 BBLs0 MCFFeb 2015
SL 624 #4Baldwin Offshore, AL78 BBLs340,437 MCFJun 2026
State LeaseBaldwin Offshore, AL43 BBLs192,130 MCFJun 2026
State LeaseMobile Offshore, AL3 BBLs13,591 MCFJun 2026
State Lease 3Baldwin Offshore, AL0 BBLs167,224 MCFJun 2026
State Lease 53Mobile Offshore, AL109 BBLs505,748 MCFJun 2026
State Lease 624Baldwin Offshore, AL68 BBLs297,758 MCFJun 2026

Companies in the Area

These are the closest 5 companies operating near the State Lease 34 property.

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