Oil & Gas Property in Wayne County, MI
Key data points for State Farmington
Counties | Oakland County, MI Wayne County, MI |
---|---|
Operator | WEST BAY EXPLORATION COMPANY |
Production Dates | Mar 2008 - Jun 2025 |
Total Oil Production | 451,525 BBLs |
Total Gas Production | 242,748 MCF |
Recent Oil Production | 1,960 BBLs in Jun 2025 |
Recent Gas Production | 1,634 MCF in Jun 2025 |
Wells on Property | 4 |
Our Valuation Estimates for State Farmington
ShaleAssessment™
$45,835 *
MarketMultiple™
$281,040 **
* 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 2 properties to the State Farmington property.
Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
---|---|---|---|---|
State Livonia & Schoolcraft College 1-18 | Wayne County, MI | 446 BBLs | 15 MCF | Jun 2025 |
State Northville 1-1 | Wayne County, MI | 0 BBLs | 0 MCF | Apr 2025 |
These are the closest 2 companies operating near the State Farmington property.
Company Name |
---|
Somoco Inc |
West Bay Exploration Company |