Oil & Gas Property in Presque Isle County, MI
Key data points for Gelo 2-33
| County | Presque Isle County, MI |
|---|---|
| Production Dates | Jun 1985 - Dec 2023 |
| Total Oil Production | 269,721 BBLs |
| Total Gas Production | 674,085 MCF |
| Recent Oil Production | 49 BBLs in Dec 2023 |
| Recent Gas Production | 63 MCF in Dec 2023 |
| Wells on Property | 2 |
Our Valuation Estimates for Gelo 2-33
ShaleAssessment™
$301 *
MarketMultiple™
$14,985 **
* 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 7 properties to the Gelo 2-33 property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Parr | Presque Isle County, MI | 0 BBLs | 0 MCF | Nov 2023 |
| State | Presque Isle County, MI | 1,221 BBLs | 290 MCF | Feb 2024 |
| State Case | Presque Isle County, MI | 87 BBLs | 143 MCF | Dec 2023 |
| Sylvania Savings | Presque Isle County, MI | 227 BBLs | 240 MCF | Dec 2023 |
| Szymoniak | Presque Isle County, MI | 226 BBLs | 0 MCF | Feb 2024 |
| Tennant-State Allis | Presque Isle County, MI | 1,063 BBLs | 985 MCF | Feb 2024 |
| Walter-State Case 4-29 | Presque Isle County, MI | 51 BBLs | 5 MCF | Dec 2023 |
These are the closest 20 companies operating near the Gelo 2-33 property.