Oil Property in Arenac County, MI
Key data points for Hobart
| County | Arenac County, MI |
|---|---|
| Operator | RAYBURN OIL CO INC |
| Production Dates | Dec 1997 - Sep 2022 |
| Total Oil Production | 13,150 BBLs |
| Total Gas Production | 0 MCF |
| Recent Oil Production | No Recent Prod. |
| Recent Gas Production | No Recent Prod. |
| Wells on Property | 2 |
Our Valuation Estimates for Hobart
ShaleAssessment™
Not Available
MarketMultiple™
Not Available
* 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 16 properties to the Hobart property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Borushko, W | Arenac County, MI | 0 BBLs | 0 MCF | Dec 2020 |
| Buffalo Land | Arenac County, MI | 268 BBLs | 0 MCF | Feb 2024 |
| Clayton | Arenac County, MI | 0 BBLs | 14,208 MCF | Feb 2024 |
| Crandall | Arenac County, MI | 171 BBLs | 0 MCF | Feb 2024 |
| Cronk 3-3 | Arenac County, MI | 344 BBLs | 0 MCF | Jan 2024 |
| Decker | Arenac County, MI | 32 BBLs | 0 MCF | Jan 2024 |
| Haroutunian Unit 1-4 | Arenac County, MI | 0 BBLs | 3,654 MCF | Feb 2024 |
| Kaiander M | Arenac County, MI | 208 BBLs | 0 MCF | Feb 2024 |
| Keef William | Arenac County, MI | 79 BBLs | 0 MCF | Feb 2024 |
| Klenk, M | Arenac County, MI | 0 BBLs | 0 MCF | Dec 2020 |
| Panasiuk, J | Arenac County, MI | 0 BBLs | 0 MCF | Nov 2020 |
| Peavy | Arenac County, MI | 126 BBLs | 0 MCF | Feb 2024 |
| Shepard | Arenac County, MI | 701 BBLs | 0 MCF | Feb 2024 |
| Sherman, J | Arenac County, MI | 0 BBLs | 0 MCF | Feb 2024 |
| Sterling Bank | Arenac County, MI | 0 BBLs | 0 MCF | Dec 2020 |
| Werblo | Arenac County, MI | 0 BBLs | 0 MCF | Dec 2020 |
These are the closest 11 companies operating near the Hobart property.