Oil & Gas Property in Mobile Offshore, AL
Key data points for State Lease 53
| County | Mobile Offshore, AL |
|---|---|
| Production Dates | Dec 1991 - Oct 2025 |
| Total Oil Production | 171,464 BBLs |
| Total Gas Production | 1,154,818,481 MCF |
| Recent Oil Production | 57 BBLs in Sep 2025 |
| Recent Gas Production | 541,111 MCF in Sep 2025 |
| Wells on Property | 10 |
Our Valuation Estimates for State Lease 53
ShaleAssessment™
$972,786 *
MarketMultiple™
$2,472,280 **
* 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 | 17 BBLs | 157,185 MCF | Oct 2025 |
| SL 624 #4 | Baldwin Offshore, AL | 37 BBLs | 359,183 MCF | Oct 2025 |
| State Lease 3 | Baldwin Offshore, AL | 26 BBLs | 201,435 MCF | Sep 2025 |
| State Lease 34 | Mobile Offshore, AL | 43 BBLs | 324,815 MCF | Sep 2025 |
| State Lease 624 | Baldwin Offshore, AL | 33 BBLs | 317,125 MCF | Oct 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. |