State

Oil & Gas Property in Presque Isle County, MI

  2. Michigan
  3. Presque Isle County, MI
  4. Oil & Gas Properties in Presque Isle County, MI
  5. State Oil & Gas Property

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Property Summary

Key data points for State

County,
Production DatesJun 1982 - Mar 2025
Total Oil Production3,822,611 BBLs
Total Gas Production4,024,005 MCF
Recent Oil Production997 BBLs in Feb 2025
Recent Gas Production168 MCF in Feb 2025
Wells on Property117

Our Valuation Estimates for State

ShaleAssessment™

$41,944 *

MarketMultiple™

$168,865 **

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

Based on a decimal interest

State Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for State
from Jun 1982 to Mar 2025

Wells on State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
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Leases included in State

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
15361STATE ALLIS 1-25AH AND H STAR ENERGY INC DBA PETROSTAR ENERGYPresque Isle County, MI
18285STATE ALLIS 2-25WHITING OIL AND GAS CORPPresque Isle County, MI
1855STATE ALLIS 2-29MERIT ENERGY COPresque Isle County, MI
18761STATE ALLIS 2-26AHOWARD ENERGY CO INCPresque Isle County, MI
18979STATE ALLIS 1-25BWHITING OIL AND GAS CORPPresque Isle County, MI
19119STATE ALLIS 3-26BHOWARD ENERGY CO INCPresque Isle County, MI
19483STATE ALLIS-FALCON 1-34AHOWARD ENERGY CO INCPresque Isle County, MI
2004STATE ALLIS 3-29ASWEPI LPPresque Isle County, MI
21491State Allis 1-24SCHMUDE OIL INCPresque Isle County, MI
21550STATE ALLIS 1-24A HD1SCHMUDE OIL INCPresque Isle County, MI
94STATE ALLIS 1-17BSWEPI LPPresque Isle County, MI
95STATE ALLIS 1-19MERIT ENERGY COPresque Isle County, MI
97STATE ALLIS 4-19SWEPI LPPresque Isle County, MI
98STATE ALLIS 1-29MERIT ENERGY COPresque Isle County, MI

Operators Associated With State

Nearby Properties

These are the closest 8 properties to the State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Ledges FarmsPresque Isle County, MI0 BBLs0 MCFFeb 2025
ParrPresque Isle County, MI807 BBLs712 MCFFeb 2025
State CasePresque Isle County, MI88 BBLs298 MCFMar 2025
State ForestCheboygan County, MI966 BBLs0 MCFMar 2025
Sylvania SavingsPresque Isle County, MI364 BBLs737 MCFMar 2025
SzymoniakPresque Isle County, MI168 BBLs0 MCFMar 2025
Tennant-State AllisPresque Isle County, MI754 BBLs476 MCFMar 2025
Walter-State Case 4-29Presque Isle County, MI165 BBLs139 MCFMar 2025

Companies in the Area

These are the closest 0 companies operating near the State property.

Company Name