Hobart

Oil Property in Arenac County, MI

Property Summary

Key data points for Hobart

CountyArenac County, MI
OperatorRAYBURN OIL CO INC
Production DatesDec 1997 - Dec 2025
Total Oil Production14,157 BBLs
Total Gas Production0 MCF
Recent Oil ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property2

Our Valuation Estimates for Hobart

ShaleAssessment

Not Available

MarketMultiple

$5,180 **

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

Based on a decimal interest

Hobart Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Hobart
from Dec 1997 to Dec 2025

Wells on Hobart

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
21-011-06701HOBART 1RAYBURN OIL CO INCPlugging ApprovedArenac County, MI44.154607-83.989843
21-011-08975HOBART 2RAYBURN OIL CO INCProducingArenac County, MI44.155327-83.988705

Leases included in Hobart

Lease #Lease NameOperatorCounty
3998HOBART 1RAYBURN OIL CO INCArenac County, MI
4066HOBART 2RAYBURN OIL CO INCArenac County, MI

Nearby Properties

These are the closest 15 properties to the Hobart property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Borushko, WArenac County, MI0 BBLs0 MCFMar 2026
Buffalo LandArenac County, MI193 BBLs0 MCFFeb 2026
ClaytonArenac County, MI0 BBLs19,514 MCFMar 2026
CrandallArenac County, MI91 BBLs0 MCFFeb 2026
DeckerArenac County, MI0 BBLs0 MCFJan 2025
Haroutunian Unit 1-4Arenac County, MI0 BBLs2,466 MCFMar 2026
Kaiander MArenac County, MI164 BBLs0 MCFFeb 2026
Keef WilliamArenac County, MI57 BBLs0 MCFFeb 2026
Klenk, MArenac County, MI0 BBLs0 MCFMar 2025
Panasiuk, JArenac County, MI84 BBLs0 MCFMar 2026
PeavyArenac County, MI90 BBLs0 MCFFeb 2026
ShepardArenac County, MI201 BBLs0 MCFFeb 2026
Sherman, JArenac County, MI0 BBLs0 MCFOct 2025
Sterling BankArenac County, MI27 BBLs0 MCFFeb 2026
WerbloArenac County, MI18 BBLs0 MCFMar 2026