State Lease

Oil & Gas Property in Mobile Offshore, AL

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

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Property Summary

Key data points for State Lease

CountyMobile Offshore, AL
Production DatesSep 1993 - Jul 2025
Total Oil Production67,324 BBLs
Total Gas Production330,139,472 MCF
Recent Oil Production28 BBLs in Jun 2025
Recent Gas Production111,407 MCF in Jun 2025
Wells on Property8

Our Valuation Estimates for State Lease

ShaleAssessment™

$440,351 *

MarketMultiple™

$700,918 **

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

Based on a decimal interest

State Lease 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
from Sep 1993 to Jul 2025

Wells on State Lease

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
01-297-20262STATE LEASE 616 #1Exxon Corp.Dry And AbandonedMobile Offshore, AL30.231871-88.186172
01-297-20285STATE LEASE 579 #1 (TRACT 110)Mobil Oil Exploration & Producing Southeast, Inc.Plugged And AbandonedMobile Offshore, AL30.183842-88.205958
01-297-20315STATE LEASE 691 #1Flash Gas & Oil Southwest, Inc.CanceledMobile Offshore, AL30.211998-88.237962
01-297-20317STATE LEASE 536 #2Exxon Mobil CorporationProducingMobile Offshore, AL30.199722-88.152222
01-297-20322STATE LEASE 691 #1Kelley Oil Corp.Plugged And AbandonedMobile Offshore, AL30.211998-88.237962
01-297-20326STATE LEASE 536 #1Exxon Mobil CorporationProducingMobile Offshore, AL30.199722-88.152222
01-297-20331STATE LEASE 704 #1Kelley Oil Corp.Plugged And AbandonedMobile Offshore, AL30.211269-88.195217
01-297-20332STATE LEASE 691 #2Kelley Oil Corp.Plugged And AbandonedMobile Offshore, AL30.211981-88.237978

Operators Associated With State Lease

Nearby Properties

These are the closest 2 properties to the State Lease property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
State LeaseMobile Offshore, AL0 BBLs0 MCFFeb 2008
State LeaseMobile Offshore, AL0 BBLs0 MCFFeb 2008

Companies in the Area

These are the closest 4 companies operating near the State Lease property.

Company Name
Arco Oil & Gas Co., Div. Of Atlantic Richfield
Mobay Storage Hub LLC
Mobil Oil Exploration & Producing Southeast, Inc.
Offshore Group, Inc. The