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 - May 2025 |
| Total Oil Production | 97,847 BBLs |
| Total Gas Production | 451,005,334 MCF |
| Recent Oil Production | 156 BBLs in Apr 2025 |
| Recent Gas Production | 462,789 MCF in Apr 2025 |
| Wells on Property | 11 |
Our Valuation Estimates for State Lease 34
ShaleAssessment™
$1,347,559 *
MarketMultiple™
$2,052,463 **
* 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 | 55 BBLs | 152,143 MCF | May 2025 |
| SL 615 | Baldwin Offshore, AL | 0 BBLs | 0 MCF | Feb 2015 |
| SL 624 #4 | Baldwin Offshore, AL | 139 BBLs | 377,169 MCF | May 2025 |
| State Lease | Baldwin Offshore, AL | 94 BBLs | 266,031 MCF | May 2025 |
| State Lease | Mobile Offshore, AL | 15 BBLs | 42,086 MCF | May 2025 |
| State Lease 3 | Baldwin Offshore, AL | 83 BBLs | 245,649 MCF | May 2025 |
| State Lease 53 | Mobile Offshore, AL | 213 BBLs | 592,566 MCF | May 2025 |
| State Lease 624 | Baldwin Offshore, AL | 64 BBLs | 172,483 MCF | May 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. |