Oil & Gas Property in Mobile Offshore, AL
Key data points for State Lease 53
| County | Mobile Offshore, AL |
|---|---|
| Production Dates | Dec 1991 - May 2026 |
| Total Oil Production | 173,019 BBLs |
| Total Gas Production | 1,158,502,089 MCF |
| Recent Oil Production | 188 BBLs in Apr 2026 |
| Recent Gas Production | 540,725 MCF in Apr 2026 |
| Wells on Property | 10 |
Our Valuation Estimates for State Lease 53
ShaleAssessment™
$894,529 *
MarketMultiple™
$2,904,835 **
* 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 | 65 BBLs | 187,599 MCF | May 2026 |
| SL 624 #4 | Baldwin Offshore, AL | 124 BBLs | 356,116 MCF | May 2026 |
| State Lease 3 | Baldwin Offshore, AL | 0 BBLs | 242,504 MCF | May 2026 |
| State Lease 34 | Mobile Offshore, AL | 0 BBLs | 423,936 MCF | May 2026 |
| State Lease 624 | Baldwin Offshore, AL | 101 BBLs | 290,180 MCF | May 2026 |
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. |