Oil & Gas Property in Wayne County, MI
Key data points for State Northville 1-1
County | Wayne County, MI |
---|---|
Operator | SOMOCO INC |
Production Dates | Dec 1989 - Feb 2024 |
Total Oil Production | 1,132,103 BBLs |
Total Gas Production | 667,475 MCF |
Recent Oil Production | 615 BBLs in Dec 2023 |
Recent Gas Production | 0 MCF in Dec 2023 |
Wells on Property | 3 |
Our Valuation Estimates for State Northville 1-1
ShaleAssessment™
$43,121 *
MarketMultiple™
$88,296 **
* 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 3 properties to the State Northville 1-1 property.
Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
---|---|---|---|---|
Delta Trucking | Oakland County, MI | 476 BBLs | 0 MCF | Feb 2024 |
State Farmington | Wayne County, MI | 2,540 BBLs | 2,863 MCF | Feb 2024 |
State Northville-Consumers P | Wayne County, MI | 0 BBLs | 0 MCF | Jun 1997 |
These are the closest 3 companies operating near the State Northville 1-1 property.
Company Name |
---|
Northern Processors Inc |
Somoco Inc |
West Bay Exploration Company |