State Lease 701 (Tract 75) #1

Oil & Gas Property in Mobile Offshore, AL

Property Summary

Key data points for State Lease 701 (Tract 75) #1

CountyMobile Offshore, AL
OperatorMOBIL OIL EXPLORATION & PRODUCING SOUTHEAST, INC.
Production DatesJul 1997 - Oct 2023
Total Oil Production10,702 BBLs
Total Gas Production41,387,047 MCF
Recent Oil ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property2

Our Valuation Estimates for State Lease 701 (Tract 75) #1

ShaleAssessment

$118,070 *

MarketMultiple

Not Available

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

Based on a decimal interest

State Lease 701 (Tract 75) #1 Production Graph

Aggregated production of all wells and leases associated with this property
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for State Lease 701 (Tract 75) #1
from Jul 1997 to Oct 2023

Wells on State Lease 701 (Tract 75) #1

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
01-297-20314STATE LEASE 701 (TRACT 75) #1Mobil Oil Exploration & Producing Southeast, Inc.CanceledMobile Offshore, AL30.264690-88.125435
01-297-20321STATE LEASE 701 (TRACT 75) #1Mobil Oil Exploration & Producing Southeast, Inc.ProducingMobile Offshore, AL30.264690-88.125435

Nearby Properties

These are the closest 6 properties to the State Lease 701 (Tract 75) #1 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
S/L 531 #5Mobile Offshore, AL33 BBLs89,832 MCFFeb 2025
State LeaseMobile Offshore, AL30 BBLs81,355 MCFJan 2025
State LeaseMobile Offshore, AL10 BBLs20,191 MCFFeb 2025
State LeaseMobile Offshore, AL0 BBLs0 MCFFeb 2008
State Lease 34Mobile Offshore, AL136 BBLs410,676 MCFFeb 2025
State Lease 53Mobile Offshore, AL159 BBLs438,611 MCFFeb 2025

Companies in the Area

These are the closest 7 companies operating near the State Lease 701 (Tract 75) #1 property.

Company Name
Exxon Corporation
Exxon Mobil Corporation
Kelley Oil Corporation
Legacy Resources Co., L.P.
Mobay Storage Hub LLC
Mobil Oil Exploration & Producing Southeast, Inc.
W & T Offshore, Inc.