State Lease 53

Oil & Gas Property in Mobile Offshore, AL

  2. Alabama
  3. Mobile Offshore, AL
  4. Oil & Gas Properties in Mobile Offshore, AL
  5. State Lease 53 Oil & Gas Property

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Property Summary

Key data points for State Lease 53

County,
Production DatesDec 1991 - Feb 2025
Total Oil Production170,210 BBLs
Total Gas Production1,150,228,747 MCF
Recent Oil Production159 BBLs in Jan 2025
Recent Gas Production438,611 MCF in Jan 2025
Wells on Property10

Our Valuation Estimates for State Lease 53

ShaleAssessment™

$1,072,404 *

MarketMultiple™

$1,743,085 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

State Lease 53 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for State Lease 53
from Dec 1991 to Feb 2025

Wells on State Lease 53

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
Unknown,
Unknown,
Unknown,
Unknown,
Unknown,
Unknown,
Unknown,
Unknown,
Unknown,
Unknown,

Nearby Properties

These are the closest 5 properties to the State Lease 53 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
S/L 531 #5Mobile Offshore, AL33 BBLs89,832 MCFFeb 2025
SL 624 #4Baldwin Offshore, AL97 BBLs252,703 MCFFeb 2025
State Lease 3Baldwin Offshore, AL65 BBLs197,383 MCFFeb 2025
State Lease 34Mobile Offshore, AL136 BBLs410,676 MCFFeb 2025
State Lease 624Baldwin Offshore, AL44 BBLs114,178 MCFFeb 2025

Companies in the Area

These are the closest 0 companies operating near the State Lease 53 property.

Company Name