Oil Property in Clare County, MI
Key data points for Straub Unit
| County | Clare County, MI |
|---|---|
| Production Dates | Dec 1997 - Feb 2024 |
| Total Oil Production | 142,660 BBLs |
| Total Gas Production | 0 MCF |
| Recent Oil Production | 697 BBLs in Dec 2023 |
| Recent Gas Production | 0 MCF in Dec 2023 |
| Wells on Property | 4 |
Our Valuation Estimates for Straub Unit
ShaleAssessment™
Not Available
MarketMultiple™
$84,669 **
* 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 6 properties to the Straub Unit property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Hall | Clare County, MI | 1,981 BBLs | 0 MCF | Feb 2024 |
| Little | Clare County, MI | 3,498 BBLs | 0 MCF | Feb 2024 |
| Mawhorter 1-36 | Gladwin County, MI | 2,041 BBLs | 0 MCF | Feb 2024 |
| Meyer | Clare County, MI | 64 BBLs | 0 MCF | Dec 2023 |
| Spinazzola 1-7 | Gladwin County, MI | 369 BBLs | 0 MCF | Feb 2024 |
| State Roscommon | Roscommon County, MI | 12 BBLs | 0 MCF | Feb 2024 |
These are the closest 6 companies operating near the Straub Unit property.
| Company Name |
|---|
| Kaiser-Francis Oil Company |
| Muskegon Development Company |
| Muskegon Operating Company LLC |
| Oryx Energy Company |
| Union Oil Co Of California |
| West Bay Exploration Company |