State 1

Gas Property in Phillips County, MT

Property Summary

Key data points for State 1

CountyPhillips County, MT
OperatorRIDGE OIL & GAS, LLC
Production DatesJan 1986 - Nov 2025
Total Oil Production0 BBLs
Total Gas Production260,614 MCF
Recent Oil Production0 BBLs in Nov 2025
Recent Gas Production587 MCF in Nov 2025
Wells on Property3

Our Valuation Estimates for State 1

ShaleAssessment

$803 *

MarketMultiple

$2,602 **

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

Based on a decimal interest

State 1 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for State 1
from Jan 1986 to Nov 2025

Wells on State 1

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
25-071-21271STATE 1-16-33ESouthland Royalty CompanyP&A - ApprovedPhillips County, MT48.621860-107.418130
25-071-21738State 1633-2Ridge Oil & Gas, LLCProducingPhillips County, MT48.615510-107.409310
25-071-23093State 1633-1Ridge Oil & Gas, LLCProducingPhillips County, MT48.615350-107.419410

Leases included in State 1

Lease #Lease NameOperatorCountyMonthly Gas Prod.
285STATE 1633-2Ridge Oil & Gas, LLCPhillips County, MT

Nearby Properties

These are the closest 14 properties to the State 1 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Fee 1Valley County, MT0 BBLs38,804 MCFNov 2025
Fee 1Phillips County, MT0 BBLs103 MCFNov 2025
Fee 1Phillips County, MT0 BBLs24,105 MCFNov 2025
Fee 2Phillips County, MT0 BBLs336 MCFNov 2025
Fee 2Phillips County, MT0 BBLs2,766 MCFNov 2025
Fee 2Phillips County, MT0 BBLs22 MCFNov 2025
Fee 3Phillips County, MT0 BBLs1,174 MCFNov 2025
Fee 6Valley County, MT0 BBLs0 MCFAug 2025
Fee 7Phillips County, MT0 BBLs176 MCFNov 2025
Fee 9Phillips County, MT0 BBLs1,847 MCFNov 2025
ScheelePhillips County, MT0 BBLs1,257 MCFNov 2025
StatePhillips County, MT0 BBLs730 MCFNov 2025
StatePhillips County, MT0 BBLs4,218 MCFNov 2025
StatePhillips County, MT0 BBLs1,656 MCFNov 2025

Companies in the Area

These are the closest 4 companies operating near the State 1 property.

Company Name
Chelin LLC
Fidelity Exploration & Production Company
Noble Energy Inc
Ridge Oil & Gas, LLC