Cronk 3-3

Oil Property in Arenac County, MI

Property Summary

Key data points for Cronk 3-3

CountyArenac County, MI
OperatorJORDAN DEVELOPMENT COMPANY LLC
Production DatesNov 2019 - Jan 2024
Total Oil Production18,609 BBLs
Total Gas Production0 MCF
Recent Oil Production344 BBLs in Dec 2023
Recent Gas Production0 MCF in Dec 2023
Wells on Property1

Our Valuation Estimates for Cronk 3-3

ShaleAssessment

Not Available

MarketMultiple

$45,719 **

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

Based on a decimal interest

Cronk 3-3 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Cronk 3-3
from Nov 2019 to Jan 2024

Wells on Cronk 3-3

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
21-011-62005CRONK 3-3JORDAN DEVELOPMENT COMPANY LLCProducingArenac County, MI44.158905-83.980026

Leases included in Cronk 3-3

Lease #Lease NameOperatorCountyMonthly Oil Prod.
22123CRONK 3-3JORDAN DEVELOPMENT COMPANY LLCArenac County, MI

Nearby Properties

These are the closest 14 properties to the Cronk 3-3 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Buffalo LandArenac County, MI268 BBLs0 MCFFeb 2024
ClaytonArenac County, MI0 BBLs14,208 MCFFeb 2024
CrandallArenac County, MI171 BBLs0 MCFFeb 2024
DeckerArenac County, MI32 BBLs0 MCFJan 2024
Haroutunian Unit 1-4Arenac County, MI0 BBLs3,654 MCFFeb 2024
HobartArenac County, MI0 BBLs0 MCFSep 2022
Kaiander MArenac County, MI208 BBLs0 MCFFeb 2024
Keef WilliamArenac County, MI79 BBLs0 MCFFeb 2024
Klenk, MArenac County, MI0 BBLs0 MCFDec 2020
PeavyArenac County, MI126 BBLs0 MCFFeb 2024
ShepardArenac County, MI701 BBLs0 MCFFeb 2024
Sherman, JArenac County, MI0 BBLs0 MCFFeb 2024
Sterling BankArenac County, MI0 BBLs0 MCFDec 2020
WerbloArenac County, MI0 BBLs0 MCFDec 2020