Oil Property in Clare County, MI
Key data points for Lapham 1-32
| County | Clare County, MI |
|---|---|
| Operator | WEST BAY EXPLORATION COMPANY |
| Production Dates | Jul 2018 - Feb 2024 |
| Total Oil Production | 188,650 BBLs |
| Total Gas Production | 0 MCF |
| Recent Oil Production | 2,087 BBLs in Dec 2023 |
| Recent Gas Production | 0 MCF in Dec 2023 |
| Wells on Property | 2 |
Our Valuation Estimates for Lapham 1-32
ShaleAssessment™
Not Available
MarketMultiple™
$297,749 **
* 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 11 properties to the Lapham 1-32 property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Bigelow | Isabella County, MI | 163 BBLs | 0 MCF | Feb 2024 |
| Currie | Isabella County, MI | 39 BBLs | 0 MCF | Feb 2024 |
| Fike | Isabella County, MI | 283 BBLs | 0 MCF | Feb 2024 |
| Horan | Isabella County, MI | 155 BBLs | 0 MCF | Feb 2024 |
| Hovey | Isabella County, MI | 227 BBLs | 0 MCF | Feb 2024 |
| McGuire | Isabella County, MI | 187 BBLs | 0 MCF | Feb 2024 |
| Pappas | Isabella County, MI | 256 BBLs | 0 MCF | Feb 2024 |
| Parsons | Isabella County, MI | 2,633 BBLs | 0 MCF | Feb 2024 |
| State Grant & | Clare County, MI | 1,369 BBLs | 0 MCF | Feb 2024 |
| Stough | Isabella County, MI | 87 BBLs | 0 MCF | Feb 2024 |
| Warner | Isabella County, MI | 0 BBLs | 0 MCF | Feb 2023 |
These are the closest 4 companies operating near the Lapham 1-32 property.
| Company Name |
|---|
| Glen Cain Inc |
| Miller Energy Company II LLC |
| Muskegon Operating Company LLC |
| West Bay Exploration Company |