Oil Property in Gladwin County, MI
Key data points for Spinazzola 1-7
County | Gladwin County, MI |
---|---|
Operator | WEST BAY EXPLORATION COMPANY |
Production Dates | Jun 2018 - Jan 2024 |
Total Oil Production | 120,749 BBLs |
Total Gas Production | 0 MCF |
Recent Oil Production | 369 BBLs in Dec 2023 |
Recent Gas Production | 0 MCF in Dec 2023 |
Wells on Property | 1 |
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
These are the closest 6 properties to the Spinazzola 1-7 property.
Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
---|---|---|---|---|
Grove | Gladwin County, MI | 263 BBLs | 0 MCF | Dec 2023 |
Hall | Clare County, MI | 1,981 BBLs | 0 MCF | Jan 2024 |
Little | Clare County, MI | 3,498 BBLs | 0 MCF | Jan 2024 |
Mawhorter 1-36 | Gladwin County, MI | 2,041 BBLs | 0 MCF | Jan 2024 |
Meyer | Clare County, MI | 64 BBLs | 0 MCF | Dec 2023 |
Straub Unit | Clare County, MI | 697 BBLs | 0 MCF | Jan 2024 |
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 |