Oil & Gas Property in Mobile Offshore, AL
Key data points for State Lease
| County | Mobile Offshore, AL |
|---|---|
| Production Dates | Nov 1993 - Mar 2025 |
| Total Oil Production | 23,394 BBLs |
| Total Gas Production | 95,023,844 MCF |
| Recent Oil Production | 23 BBLs in Feb 2025 |
| Recent Gas Production | 29,317 MCF in Feb 2025 |
| Wells on Property | 4 |
Our Valuation Estimates for State Lease
ShaleAssessment™
$173,255 *
MarketMultiple™
$94,267 **
* 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 property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Dwain Luce Et Al | Mobile County, AL | 0 BBLs | 0 MCF | Jul 1990 |
| SL 615 | Baldwin Offshore, AL | 0 BBLs | 0 MCF | Feb 2015 |
| State Lease | Baldwin Offshore, AL | 181 BBLs | 231,775 MCF | Mar 2025 |
| State Lease 3 | Baldwin Offshore, AL | 167 BBLs | 263,428 MCF | Mar 2025 |
| State Lease 34 | Mobile Offshore, AL | 292 BBLs | 460,349 MCF | Mar 2025 |
These are the closest 5 companies operating near the State Lease property.
| Company Name |
|---|
| Exxon Corporation |
| Exxon Mobil Corporation |
| Federal Hill Land Co., Inc. |
| Legacy Resources Co., L.P. |
| Mobil Oil Exploration & Producing Southeast, Inc. |