Spinazzola 1-7

Oil Property in Gladwin County, MI

Property Summary

Key data points for Spinazzola 1-7

CountyGladwin County, MI
OperatorWEST BAY EXPLORATION COMPANY
Production DatesJun 2018 - Jan 2024
Total Oil Production120,749 BBLs
Total Gas Production0 MCF
Recent Oil Production369 BBLs in Dec 2023
Recent Gas Production0 MCF in Dec 2023
Wells on Property1

Our Valuation Estimates for Spinazzola 1-7

ShaleAssessment

Not Available

MarketMultiple

$51,873 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Spinazzola 1-7 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Spinazzola 1-7
from Jun 2018 to Jan 2024

Wells on Spinazzola 1-7

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
21-051-62014SPINAZZOLA 1-7WEST BAY EXPLORATION COMPANYProducingGladwin County, MI44.060031-84.595534

Leases included in Spinazzola 1-7

Lease #Lease NameOperatorCountyMonthly Oil Prod.
21745SPINAZZOLA 1-7WEST BAY EXPLORATION COMPANYGladwin County, MI

Nearby Properties

These are the closest 6 properties to the Spinazzola 1-7 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
GroveGladwin County, MI263 BBLs0 MCFDec 2023
HallClare County, MI1,981 BBLs0 MCFJan 2024
LittleClare County, MI3,498 BBLs0 MCFJan 2024
Mawhorter 1-36Gladwin County, MI2,041 BBLs0 MCFJan 2024
MeyerClare County, MI64 BBLs0 MCFDec 2023
Straub UnitClare County, MI697 BBLs0 MCFJan 2024

Companies in the Area

These are the closest 4 companies operating near the Spinazzola 1-7 property.

Company Name
Jordan Development Company LLC
Kaiser-Francis Oil Company
Muskegon Operating Company LLC
West Bay Exploration Company