State Lease 3

Oil & Gas Property in Baldwin Offshore, AL

  2. Alabama
  3. Baldwin Offshore, AL
  4. Oil & Gas Properties in Baldwin Offshore, AL
  5. State Lease 3 Oil & Gas Property

Map of Wells Full Screen Map 3-D Map

Property Summary

Key data points for State Lease 3

CountyBaldwin Offshore, AL
Production DatesMay 1987 - Nov 2024
Total Oil Production77,479 BBLs
Total Gas Production311,397,357 MCF
Recent Oil Production106 BBLs in Oct 2024
Recent Gas Production285,304 MCF in Oct 2024
Wells on Property6

Our Valuation Estimates for State Lease 3

ShaleAssessment™

$1,309,392 *

MarketMultiple™

$569,792 **

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

Based on a decimal interest

State Lease 3 Production Graph

Aggregated production of all wells and leases associated with this property
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for State Lease 3
from May 1987 to Nov 2024

Wells on State Lease 3

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
01-203-20061STATE LEASE 350 #1Mobil Oil Exploration & Producing Southeast, Inc.Plugged And AbandonedBaldwin Offshore, AL30.240415-88.016610
01-203-20078STATE LEASE 350 #2Mobil Oil Exploration & Producing Southeast, Inc.Plugged And AbandonedBaldwin Offshore, AL30.240415-88.016610
01-203-20265STATE LEASE 350 (TRACT 95) #3Mobil Oil Exploration & Producing Southeast, Inc.ProducingBaldwin Offshore, AL30.240514-88.016590
01-203-20268STATE LEASE 350 (TRACT 95) #4Mobil Oil Exploration & Producing Southeast, Inc.Plugged And AbandonedBaldwin Offshore, AL30.240475-88.016589
01-203-20268STATE LEASE 348 (TRACT 77) #3Exxon Mobil CorporationProducingBaldwin Offshore, AL30.240475-88.016589
01-203-20308State Lease 348, Tract 77, No.5Mobil Oil Exploration & Producing Southeast, Inc.ProducingBaldwin Offshore, AL30.249880-87.995860

Operators Associated With State Lease 3

Nearby Properties

These are the closest 9 properties to the State Lease 3 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
S/L 531 #5Mobile Offshore, AL71 BBLs174,356 MCFNov 2024
SL 615Baldwin Offshore, AL0 BBLs0 MCFFeb 2015
SL 624 #4Baldwin Offshore, AL153 BBLs382,738 MCFOct 2024
State LeaseBaldwin Offshore, AL65 BBLs153,460 MCFOct 2024
State LeaseBaldwin Offshore, AL71 BBLs145,001 MCFNov 2024
State LeaseMobile Offshore, AL11 BBLs21,668 MCFNov 2024
State Lease 34Mobile Offshore, AL128 BBLs343,167 MCFNov 2024
State Lease 53Mobile Offshore, AL225 BBLs551,490 MCFNov 2024
State Lease 624Baldwin Offshore, AL52 BBLs129,716 MCFOct 2024

Companies in the Area

These are the closest 5 companies operating near the State Lease 3 property.

Company Name
Exxon Corporation
Exxon Mobil Corporation
Legacy Resources Co., L.P.
Mobil Oil Exploration & Producing Southeast, Inc.
W & T Offshore, Inc.