Schuman

Oil Property in Bay County, MI

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

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Property Summary

Key data points for Schuman

CountyBay County, MI
Production DatesJan 1997 - May 2025
Total Oil Production51,555 BBLs
Total Gas Production0 MCF
Recent Oil Production3 BBLs in May 2025
Recent Gas Production0 MCF in May 2025
Wells on Property6

Our Valuation Estimates for Schuman

ShaleAssessment™

$144 *

MarketMultiple™

$5,579 **

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

Based on a decimal interest

Schuman Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Schuman
from Jan 1997 to May 2025

Wells on Schuman

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
21-017-10461SCHUMAN, JENNIE 1MUSKEGON OPERATING COMPANY LLCProducingBay County, MI43.635691-83.933654
21-017-14970SCHUMAN, JENNIE 2MUSKEGON OPERATING COMPANY LLCProducingBay County, MI43.637510-83.933540
21-017-16062SCHUMAN, EDWARD 1LEASE MANAGEMENT INCProducingBay County, MI43.633875-83.926446
21-017-16806SCHUMAN, J. 1LEASE MANAGEMENT INCProducingBay County, MI43.633783-83.906275
21-017-18082SCHUMAN, JULIA 2LEASE MANAGEMENT INCProducingBay County, MI43.631971-83.906456
21-017-38509SCHUMAN 1-7FAIR ENERGIES INCProducingBay County, MI43.632008-83.930108

Leases included in Schuman

Lease #Lease NameOperatorCountyMonthly Oil Prod.
19806Schuman unit, JMUSKEGON DEVELOPMENT COMPANYBay County, MI
4167SCHUMAN, E 1LEASE MANAGEMENT INCBay County, MI
4170SCHUMAN, JLEASE MANAGEMENT INCBay County, MI
8210SCHUMAN 1-7FAIR ENERGIES INCBay County, MI

Operators Associated With Schuman

Nearby Properties

These are the closest 20 properties to the Schuman property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BatesonBay County, MI165 BBLs0 MCFMay 2025
BauerBay County, MI0 BBLs0 MCFMar 2000
FrancisBay County, MI0 BBLs0 MCFMar 2015
Hardy-OviattBay County, MI11 BBLs0 MCFMay 2025
KaiserBay County, MI0 BBLs0 MCFDec 2009
KawkawlinBay County, MI4,847 BBLs0 MCFJun 2025
KircherBay County, MI14 BBLs0 MCFJun 2025
KnochelBay County, MI0 BBLs0 MCFMar 2000
LarsonBay County, MI17 BBLs0 MCFMay 2025
MarstonBay County, MI29 BBLs0 MCFJun 2025
Marston TBay County, MI0 BBLs0 MCFDec 2009
PrevostBay County, MI0 BBLs4,949 MCFMay 2025
RechsteinerBay County, MI0 BBLs0 MCFDec 2009
RichterBay County, MI0 BBLs0 MCFMar 2000
SchultzBay County, MI121 BBLs0 MCFJun 2025
SchweitzerBay County, MI0 BBLs0 MCFDec 2009
State KawkawlinBay County, MI46 BBLs0 MCFJun 2025
SwantekBay County, MI0 BBLs0 MCFOct 2009
WielandBay County, MI0 BBLs0 MCFDec 2014
Youngs, TBay County, MI0 BBLs0 MCFMar 2025

Companies in the Area

These are the closest 11 companies operating near the Schuman property.

Company Name
Breitburn Operating Limited Partnership
Elek Aaron III
Elek Aaron III Estate
Fair Energies Inc
G And H Producers Inc
Lease Management Inc
Muskegon Development Company
Muskegon Operating Company LLC
Riverside Energy Michigan LLC
Sumner Energy Inc
Swepi LP