Oil & Gas Property in Presque Isle County, MI
Key data points for Ledges Farms
| County | Presque Isle County, MI |
|---|---|
| Production Dates | Apr 1983 - Mar 2024 |
| Total Oil Production | 838,358 BBLs |
| Total Gas Production | 834,963 MCF |
| Recent Oil Production | 0 BBLs in Feb 2024 |
| Recent Gas Production | 1 MCF in Feb 2024 |
| Wells on Property | 6 |
Our Valuation Estimates for Ledges Farms
ShaleAssessment™
$2,387 *
MarketMultiple™
$1,469 **
* 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 4 properties to the Ledges Farms property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Canada Creek | Montmorency County, MI | 0 BBLs | 2,158 MCF | Mar 2024 |
| Rupp State Forest 1-21 | Cheboygan County, MI | 483 BBLs | 25 MCF | Mar 2024 |
| State | Presque Isle County, MI | 1,039 BBLs | 395 MCF | Mar 2024 |
| State Forest | Cheboygan County, MI | 1,647 BBLs | 74 MCF | Mar 2024 |
These are the closest 20 companies operating near the Ledges Farms property.