Oil Property in Gladwin County, MI
Key data points for Cuddie 1-5
| County | Gladwin County, MI |
|---|---|
| Operator | WEST BAY EXPLORATION COMPANY |
| Production Dates | Sep 2019 - Jan 2024 |
| Total Oil Production | 59,525 BBLs |
| Total Gas Production | 0 MCF |
| Recent Oil Production | 145 BBLs in Dec 2023 |
| Recent Gas Production | 0 MCF in Dec 2023 |
| Wells on Property | 1 |
Our Valuation Estimates for Cuddie 1-5
ShaleAssessment™
Not Available
MarketMultiple™
$22,466 **
* 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 8 properties to the Cuddie 1-5 property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Gertz | Gladwin County, MI | 0 BBLs | 0 MCF | Nov 2023 |
| Grove | Gladwin County, MI | 263 BBLs | 0 MCF | Jan 2024 |
| 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 |
| Straub Unit | Clare County, MI | 697 BBLs | 0 MCF | Feb 2024 |
These are the closest 5 companies operating near the Cuddie 1-5 property.
| Company Name |
|---|
| Benelli Oil LLC |
| Jordan Development Company LLC |
| Kaiser-Francis Oil Company |
| Muskegon Operating Company LLC |
| West Bay Exploration Company |