Oil & Gas Property in Mobile Offshore, AL
Key data points for State Lease 34
| Counties | Mobile Offshore, AL Mobile County, AL Baldwin Offshore, AL |
|---|---|
| Operator | MOBIL OIL EXPLORATION & PRODUCING SOUTHEAST, INC. |
| Production Dates | Apr 1988 - Sep 2025 |
| Total Oil Production | 98,396 BBLs |
| Total Gas Production | 452,708,867 MCF |
| Recent Oil Production | 43 BBLs in Sep 2025 |
| Recent Gas Production | 324,815 MCF in Sep 2025 |
| Wells on Property | 11 |
Our Valuation Estimates for State Lease 34
ShaleAssessment™
$1,281,752 *
MarketMultiple™
$1,712,924 **
* 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 8 properties to the State Lease 34 property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| S/L 531 #5 | Mobile Offshore, AL | 17 BBLs | 157,185 MCF | Oct 2025 |
| SL 615 | Baldwin Offshore, AL | 0 BBLs | 0 MCF | Feb 2015 |
| SL 624 #4 | Baldwin Offshore, AL | 37 BBLs | 359,183 MCF | Oct 2025 |
| State Lease | Baldwin Offshore, AL | 44 BBLs | 410,841 MCF | Oct 2025 |
| State Lease | Mobile Offshore, AL | 3 BBLs | 32,768 MCF | Oct 2025 |
| State Lease 3 | Baldwin Offshore, AL | 26 BBLs | 201,435 MCF | Sep 2025 |
| State Lease 53 | Mobile Offshore, AL | 57 BBLs | 541,111 MCF | Oct 2025 |
| State Lease 624 | Baldwin Offshore, AL | 33 BBLs | 317,125 MCF | Oct 2025 |
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. |