State

Oil & Gas Property in Richland County, MT

Property Summary

Key data points for State

CountyRichland County, MT
Production DatesJan 1987 - Feb 2024
Total Oil Production721,000 BBLs
Total Gas Production713,570 MCF
Recent Oil Production243 BBLs in Feb 2024
Recent Gas Production161 MCF in Feb 2024
Wells on Property2

Our Valuation Estimates for State

ShaleAssessment

$21,823 *

MarketMultiple

$71,147 **

* 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 Jan 1987 to Feb 2024

Wells on State

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
25-083-21167State 8-16HRWhite Rock Oil & Gas, LLCProducingRichland County, MT47.756768-104.275470
25-083-21764State 12-16ProducingRichland County, MT47.752655-104.289760

Leases included in State

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
3905STATE (8-16)White Rock Oil & Gas, LLCRichland County, MT
4091STATE 12-16Ridge EnergyRichland County, MT

Operators Associated With State

Nearby Properties

These are the closest 20 properties to the State property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Christiansen 1Richland County, MT398 BBLs856 MCFFeb 2024
Cundiff 8-22Richland County, MT0 BBLs0 MCFDec 2022
DynnesonRichland County, MT2,822 BBLs3,996 MCFFeb 2024
Foghorn Norgaard 20-4HRichland County, MT390 BBLs450 MCFFeb 2024
Foghorn-Ervin 20-3-Hlid3Richland County, MT390 BBLs473 MCFFeb 2024
Foghorn-LRichland County, MT508 BBLs814 MCFFeb 2024
Gabe 1-18HRichland County, MT770 BBLs563 MCFFeb 2024
HedegaardRichland County, MT539 BBLs405 MCFFeb 2024
JohnsonRichland County, MT932 BBLs860 MCFFeb 2024
LarsonRichland County, MT3,400 BBLs3,942 MCFFeb 2024
LarsonRichland County, MT0 BBLs0 MCFJul 2023
LeghornRichland County, MT887 BBLs2,082 MCFFeb 2024
Leghorn Hazard 32-15-Hid3Richland County, MT356 BBLs553 MCFFeb 2024
Lone TreeRichland County, MT247 BBLs201 MCFFeb 2024
Norgaard 1Richland County, MT2,507 BBLs4,121 MCFFeb 2024
OscarRichland County, MT372 BBLs212 MCFFeb 2024
Sherlock 13X-24Richland County, MT812 BBLs1,478 MCFFeb 2024
SimardRichland County, MT683 BBLs523 MCFFeb 2024
SorensenRichland County, MT820 BBLs341 MCFFeb 2024
SunwallRichland County, MT2,285 BBLs5,732 MCFFeb 2024