Oil & Gas Property in Cheboygan County, MI
Key data points for Rupp-State Forest 1-21
| County | Cheboygan County, MI |
|---|---|
| Production Dates | Dec 1987 - Jul 2026 |
| Total Oil Production | 747,447 BBLs |
| Total Gas Production | 343,690 MCF |
| Recent Oil Production | 469 BBLs in May 2026 |
| Recent Gas Production | 46 MCF in May 2026 |
| Wells on Property | 2 |
Our Valuation Estimates for Rupp-State Forest 1-21
ShaleAssessment™
$27,168 *
MarketMultiple™
$43,188 **
* 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 4 properties to the Rupp-State Forest 1-21 property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Canada Creek | Montmorency County, MI | 0 BBLs | 1,462 MCF | Jun 2026 |
| Ledges Farms | Presque Isle County, MI | 0 BBLs | 0 MCF | Feb 2025 |
| State Corwith | Otsego County, MI | 152 BBLs | 461 MCF | Jul 2026 |
| State Forest | Cheboygan County, MI | 1,956 BBLs | 601 MCF | Jul 2026 |
These are the closest 13 companies operating near the Rupp-State Forest 1-21 property.