Oil Property in Kern County, CA
Key data points for Lessee
| County | Kern County, CA |
|---|---|
| Operator | REDBANK OIL CO. |
| Production Dates | Jan 1977 - Dec 2023 |
| Total Oil Production | 79,691 BBLs |
| Total Gas Production | 0 MCF |
| Recent Oil Production | 40 BBLs in Nov 2023 |
| Recent Gas Production | 0 MCF in Nov 2023 |
| Wells on Property | 4 |
Our Valuation Estimates for Lessee
ShaleAssessment™
$4,688 *
MarketMultiple™
$5,082 **
* 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 20 properties to the Lessee property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Alexis | Kern County, CA | 61 BBLs | 0 MCF | Nov 2023 |
| Baughman | Kern County, CA | 0 BBLs | 0 MCF | Apr 2015 |
| Berry | Kern County, CA | 253 BBLs | 0 MCF | Nov 2023 |
| Buffalo | Kern County, CA | 0 BBLs | 0 MCF | Mar 2014 |
| Corey | Kern County, CA | 0 BBLs | 0 MCF | Oct 2023 |
| Edison | Kern County, CA | 101 BBLs | 0 MCF | Nov 2023 |
| Feeport | Kern County, CA | 0 BBLs | 0 MCF | Mar 2021 |
| Graham | Kern County, CA | 166 BBLs | 1 MCF | Nov 2023 |
| Jeppi | Kern County, CA | 146 BBLs | 0 MCF | Nov 2023 |
| Lehr | Kern County, CA | 39 BBLs | 0 MCF | Nov 2023 |
| Mabry | Kern County, CA | 46 BBLs | 0 MCF | Nov 2023 |
| Mattson | Kern County, CA | 288 BBLs | 0 MCF | Dec 2023 |
| MJM&M-Jeppi | Kern County, CA | 1,026 BBLs | 0 MCF | Dec 2023 |
| Moeller | Kern County, CA | 26 BBLs | 0 MCF | Nov 2023 |
| Mullaney | Kern County, CA | 19 BBLs | 0 MCF | Nov 2023 |
| Seale | Kern County, CA | 15 BBLs | 0 MCF | Dec 2023 |
| Shields | Kern County, CA | 0 BBLs | 0 MCF | Jun 2020 |
| Smith | Kern County, CA | 305 BBLs | 17 MCF | Nov 2023 |
| Warren | Kern County, CA | 13 BBLs | 0 MCF | Nov 2023 |
| Wilson | Kern County, CA | 476 BBLs | 0 MCF | Nov 2023 |
These are the closest 20 companies operating near the Lessee property.