Schmidt

Oil Property in Bay County, MI

  2. Michigan
  3. Bay County, MI
  4. Oil & Gas Properties in Bay County, MI
  5. Schmidt Oil Property

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Property Summary

Key data points for Schmidt

CountyBay County, MI
OperatorSAPPINGTON WALTER B DIANNE M
Production DatesDec 1997 - Dec 2023
Total Oil Production13,623 BBLs
Total Gas Production0 MCF
Recent Oil Production35 BBLs in Dec 2023
Recent Gas Production0 MCF in Dec 2023
Wells on Property6

Our Valuation Estimates for Schmidt

ShaleAssessment™

$678 *

MarketMultiple™

$5,584 **

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

Based on a decimal interest

Schmidt Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Schmidt
from Dec 1997 to Dec 2023

Wells on Schmidt

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
21-017-13339SCHMIDT, WM 1SAPPINGTON WALTER B DIANNE MProducingBay County, MI43.872852-84.039534
21-017-13596SCHMIDT, WM 2SAPPINGTON WALTER B DIANNE MProducingBay County, MI43.872898-84.044104
21-017-17930SCHMIDT, FRED A-1SAPPINGTON WALTER B DIANNE MPlugging ApprovedBay County, MI43.874637-84.032085
21-017-18023SCHMIDT, FRED B-1SAPPINGTON WALTER B DIANNE MProducingBay County, MI43.876439-84.029534
21-017-18101SCHMIDT, FRED B-2MAJOR ERVINPlugging ApprovedBay County, MI43.878310-84.027160
21-017-18101SCHMIDT, FRED B-2MAJOR ERVINPlugging ApprovedBay County, MI43.878310-84.027160

Leases included in Schmidt

Lease #Lease NameOperatorCountyMonthly Oil Prod.
19932Schmidt unit, WmSAPPINGTON WALTER B DIANNE MBay County, MI
4551SCHMIDT, F B-1SAPPINGTON WALTER B DIANNE MBay County, MI
6995SCHMIDT, F A-1SAPPINGTON WALTER B DIANNE MBay County, MI
6996SCHMIDT, W&M B-1SAPPINGTON WALTER B DIANNE MBay County, MI

Nearby Properties

These are the closest 4 properties to the Schmidt property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Cooper-LuchtBay County, MI144 BBLs0 MCFDec 2023
HarandaBay County, MI31 BBLs0 MCFDec 2023
Maida, JohnBay County, MI18 BBLs0 MCFDec 2023
PaterekBay County, MI0 BBLs0 MCFJun 2021

Companies in the Area

These are the closest 3 companies operating near the Schmidt property.

Company Name
Miller Energy Company II LLC
Muskegon Development Company
Sappington Walter B Dianne M