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 DatesNov 1993 - Mar 2026
Total Oil Production23,551 BBLs
Total Gas Production95,447,239 MCF
Recent Oil Production33 BBLs in Feb 2026
Recent Gas Production23,695 MCF in Feb 2026
Wells on Property4

Our Valuation Estimates for State Lease

ShaleAssessment™

$150,991 *

MarketMultiple™

$191,681 **

* 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 Nov 1993 to Mar 2026

Wells on State Lease

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
01-297-20224STATE LEASE 534 #1Exxon Mobil CorporationProducingMobile Offshore, AL30.295833-88.044722
01-297-20363STATE LEASE 805 #61-1Exxon Corp.Dry And AbandonedMobile Offshore, AL30.301445-88.088510
01-297-20376STATE LEASE 534 #2Legacy Resources Co., L.P.Plugged And AbandonedMobile Offshore, AL30.305490-88.050750
01-297-20377STATE LEASE 347 #3Legacy Resources Co., L.P.Plugged And AbandonedMobile Offshore, AL30.286720-88.068140

Operators Associated With State Lease

Nearby Properties

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

Property NameLocationOil Prod.Gas Prod.Prod. Period
Dwain Luce Et AlMobile County, AL0 BBLs0 MCFJul 1990
SL 615Baldwin Offshore, AL0 BBLs0 MCFFeb 2015
State LeaseBaldwin Offshore, AL454 BBLs322,106 MCFMar 2026
State Lease 3Baldwin Offshore, AL112 BBLs118,768 MCFMar 2026
State Lease 34Mobile Offshore, AL451 BBLs479,363 MCFMar 2026

Companies in the Area

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.