Parsons

Oil Property in Isabella County, MI

  2. Michigan
  3. Isabella County, MI
  4. Oil & Gas Properties in Isabella County, MI
  5. Parsons Oil Property

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Property Summary

Key data points for Parsons

CountyIsabella County, MI
OperatorWEST BAY EXPLORATION COMPANY
Production DatesDec 2017 - Jun 2025
Total Oil Production307,460 BBLs
Total Gas Production0 MCF
Recent Oil Production1,638 BBLs in Jun 2025
Recent Gas Production0 MCF in Jun 2025
Wells on Property2

Our Valuation Estimates for Parsons

ShaleAssessment™

Not Available

MarketMultiple™

$231,030 **

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

Based on a decimal interest

Parsons Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Parsons
from Dec 2017 to Jun 2025

Wells on Parsons

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
21-073-62002PARSONS 1-5WEST BAY EXPLORATION COMPANYProducingIsabella County, MI43.805596-84.822112
21-073-62004PARSONS 2-5WEST BAY EXPLORATION COMPANYProducingIsabella County, MI43.805598-84.821658

Leases included in Parsons

Lease #Lease NameOperatorCountyMonthly Oil Prod.
21729PARSONS 1-5WEST BAY EXPLORATION COMPANYIsabella County, MI
21757PARSONS 2-5WEST BAY EXPLORATION COMPANYIsabella County, MI

Nearby Properties

These are the closest 12 properties to the Parsons property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BigelowIsabella County, MI110 BBLs0 MCFJul 2025
CurrieIsabella County, MI34 BBLs0 MCFJul 2025
FikeIsabella County, MI240 BBLs0 MCFJul 2025
FitzpatrickIsabella County, MI25 BBLs0 MCFJul 2025
HoranIsabella County, MI54 BBLs0 MCFJul 2025
HoveyIsabella County, MI291 BBLs0 MCFJul 2025
Lapham 1-32Clare County, MI1,669 BBLs0 MCFJun 2025
McGuireIsabella County, MI165 BBLs0 MCFJul 2025
PappasIsabella County, MI213 BBLs0 MCFJul 2025
PollardIsabella County, MI44 BBLs0 MCFJul 2025
State Grant &Clare County, MI1,815 BBLs0 MCFJun 2025
StoughIsabella County, MI63 BBLs0 MCFJul 2025

Companies in the Area

These are the closest 3 companies operating near the Parsons property.

Company Name
Glen Cain Inc
Miller Energy Company II LLC
West Bay Exploration Company