Oil & Gas Property in Mobile Offshore, AL
Key data points for State Lease 53
| County | Mobile Offshore, AL |
|---|---|
| Production Dates | Dec 1991 - Jul 2025 |
| Total Oil Production | 170,810 BBLs |
| Total Gas Production | 1,153,157,398 MCF |
| Recent Oil Production | 168 BBLs in Jun 2025 |
| Recent Gas Production | 563,288 MCF in Jun 2025 |
| Wells on Property | 10 |
Our Valuation Estimates for State Lease 53
ShaleAssessment™
$1,011,169 *
MarketMultiple™
$2,404,871 **
* 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 | 51 BBLs | 165,390 MCF | Jul 2025 |
| SL 624 #4 | Baldwin Offshore, AL | 172 BBLs | 248,798 MCF | Jul 2025 |
| State Lease 3 | Baldwin Offshore, AL | 61 BBLs | 194,140 MCF | Jul 2025 |
| State Lease 34 | Mobile Offshore, AL | 135 BBLs | 425,795 MCF | Jul 2025 |
| State Lease 624 | Baldwin Offshore, AL | 103 BBLs | 226,933 MCF | Jul 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. |