Oil Property in Gladwin County, MI
Key data points for Richardson
| County | Gladwin County, MI |
|---|---|
| Operator | MILLER ENERGY COMPANY II LLC |
| Production Dates | Jan 1997 - May 2025 |
| Total Oil Production | 48,082 BBLs |
| Total Gas Production | 0 MCF |
| Recent Oil Production | 134 BBLs in May 2025 |
| Recent Gas Production | 0 MCF in May 2025 |
| Wells on Property | 3 |
Our Valuation Estimates for Richardson
ShaleAssessment™
$2,253 *
MarketMultiple™
$17,719 **
* 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 5 properties to the Richardson property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Davis | Gladwin County, MI | 98 BBLs | 0 MCF | May 2025 |
| McCrandall | Gladwin County, MI | 0 BBLs | 0 MCF | Apr 2020 |
| Smart, H | Gladwin County, MI | 82 BBLs | 0 MCF | May 2025 |
| State Bentley | Gladwin County, MI | 481 BBLs | 0 MCF | May 2025 |
| State Billings | Gladwin County, MI | 0 BBLs | 0 MCF | Apr 2020 |
These are the closest 7 companies operating near the Richardson property.
| Company Name |
|---|
| Lease Management Inc |
| Marathon Oil Company |
| Miller Energy Company II LLC |
| Muskegon Development Company |
| Muskegon Operating Company LLC |
| Oryx Energy Company |
| V C P Michigan, LLC |