Oil & Gas Property in Mobile Offshore, AL
Key data points for State Lease 53
| County | Mobile Offshore, AL |
|---|---|
| Production Dates | Dec 1991 - May 2025 |
| Total Oil Production | 170,495 BBLs |
| Total Gas Production | 1,151,997,594 MCF |
| Recent Oil Production | 213 BBLs in Apr 2025 |
| Recent Gas Production | 592,566 MCF in Apr 2025 |
| Wells on Property | 10 |
Our Valuation Estimates for State Lease 53
ShaleAssessment™
$1,036,066 *
MarketMultiple™
$2,335,631 **
* 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 5 properties to the State Lease 53 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 624 #4 | Baldwin Offshore, AL | 139 BBLs | 377,169 MCF | May 2025 |
| State Lease 3 | Baldwin Offshore, AL | 83 BBLs | 245,649 MCF | May 2025 |
| State Lease 34 | Mobile Offshore, AL | 156 BBLs | 462,789 MCF | May 2025 |
| State Lease 624 | Baldwin Offshore, AL | 64 BBLs | 172,483 MCF | May 2025 |
These are the closest 4 companies operating near the State Lease 53 property.
| Company Name |
|---|
| Exxon Corporation |
| Exxon Mobil Corporation |
| Mobil Oil Exploration & Producing Southeast, Inc. |
| W & T Offshore, Inc. |