Oil Property in Montcalm County, MI
Key data points for Strait
| County | , |
|---|---|
| Operator | LEASE MANAGEMENT INC |
| Production Dates | Dec 1997 - Feb 2025 |
| Total Oil Production | 3,625 BBLs |
| Total Gas Production | 0 MCF |
| Recent Oil Production | 4 BBLs in Feb 2025 |
| Recent Gas Production | 0 MCF in Feb 2025 |
| Wells on Property | 25 |
Our Valuation Estimates for Strait
ShaleAssessment™
$386 *
MarketMultiple™
$293 **
* 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 8 properties to the Strait property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Brown 1-11 | Montcalm County, MI | 23 BBLs | 0 MCF | Feb 2025 |
| Flint | Montcalm County, MI | 36 BBLs | 0 MCF | Feb 2025 |
| Lamphier, F | Montcalm County, MI | 28 BBLs | 0 MCF | Feb 2025 |
| Marshall 1-22 | Montcalm County, MI | 519 BBLs | 0 MCF | Feb 2025 |
| McAlvey | Montcalm County, MI | 975 BBLs | 0 MCF | Feb 2025 |
| Robbins | Montcalm County, MI | 131 BBLs | 0 MCF | Feb 2025 |
| Stratton | Montcalm County, MI | 596 BBLs | 0 MCF | Feb 2025 |
| Wilson 1-2 | Montcalm County, MI | 980 BBLs | 0 MCF | Feb 2025 |
These are the closest 0 companies operating near the Strait property.
| Company Name |
|---|