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 - Jul 2025 |
| Total Oil Production | 453,448 BBLs |
| Total Gas Production | 244,061 MCF |
| Recent Oil Production | 1,923 BBLs in Jul 2025 |
| Recent Gas Production | 1,313 MCF in Jul 2025 |
| Wells on Property | 4 |
Our Valuation Estimates for State Farmington
ShaleAssessment™
$45,050 *
MarketMultiple™
$266,256 **
* 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 | 521 BBLs | 12 MCF | Jul 2025 |
| State Northville 1-1 | Wayne County, MI | 0 BBLs | 0 MCF | Jun 2025 |
These are the closest 2 companies operating near the State Farmington property.
| Company Name |
|---|
| Somoco Inc |
| West Bay Exploration Company |