State Groff

Oil & Gas Property in Kalkaska County, MI

Property Summary

Key data points for State Groff

CountyKalkaska County, MI
Production DatesJan 1982 - Dec 2023
Total Oil Production135,368 BBLs
Total Gas Production2,697,118 MCF
Recent Oil Production126 BBLs in Dec 2023
Recent Gas Production1,260 MCF in Dec 2023
Wells on Property2

Our Valuation Estimates for State Groff

ShaleAssessment

$13,653 *

MarketMultiple

$24,329 **

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

Based on a decimal interest

State Groff Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for State Groff
from Jan 1982 to Dec 2023

Wells on State Groff

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
21-079-28780STATE GROFF 1-33LAMBDA ENERGY RESOURCES LLCProducingKalkaska County, MI44.774423-85.167697
21-079-28784STATE GROFF 2-33LAMBDA ENERGY RESOURCES LLCProducingKalkaska County, MI44.774592-85.158433

Leases included in State Groff

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
511STATE GROFF 2-33SWEPI LPKalkaska County, MI
512STATE GROFF 1-33MERIT ENERGY COKalkaska County, MI

Operators Associated With State Groff

Nearby Properties

These are the closest 6 properties to the State Groff property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
SeeleyKalkaska County, MI0 BBLs89 MCFDec 2023
State KalkaskaKalkaska County, MI191 BBLs1,646 MCFJan 2024
State KalkaskaKalkaska County, MI9 BBLs51 MCFDec 2023
State Rapid RiverKalkaska County, MI447 BBLs879 MCFDec 2023
WestermanKalkaska County, MI0 BBLs0 MCFOct 2023
WilburKalkaska County, MI0 BBLs0 MCFOct 2022