State Lease 624

Oil & Gas Property in Baldwin Offshore, AL

  2. Alabama
  3. Baldwin Offshore, AL
  4. Oil & Gas Properties in Baldwin Offshore, AL
  5. State Lease 624 Oil & Gas Property

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Property Summary

Key data points for State Lease 624

CountyBaldwin Offshore, AL
Production DatesNov 1993 - Jun 2024
Total Oil Production85,391 BBLs
Total Gas Production357,109,027 MCF
Recent Oil Production10 BBLs in Jun 2024
Recent Gas Production157,635 MCF in Jun 2024
Wells on Property3

Our Valuation Estimates for State Lease 624

ShaleAssessment™

$1,642,835 *

MarketMultiple™

$340,773 **

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

Based on a decimal interest

State Lease 624 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for State Lease 624
from Nov 1993 to Jun 2024

Wells on State Lease 624

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
01-203-20181STATE LEASE 624 #1Exxon Corp.Plugged And AbandonedBaldwin Offshore, AL30.198216-88.021274
01-203-20270STATE LEASE 624 #2Exxon Mobil CorporationProducingBaldwin Offshore, AL30.183333-88.021667
01-203-20282STATE LEASE 624 #3Exxon Mobil CorporationProducingBaldwin Offshore, AL30.188889-88.021667

Operators Associated With State Lease 624

Nearby Properties

These are the closest 7 properties to the State Lease 624 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
S/L 531 #5Mobile Offshore, AL13 BBLs194,829 MCFJun 2024
SL 615Baldwin Offshore, AL0 BBLs0 MCFFeb 2015
SL 624 #4Baldwin Offshore, AL27 BBLs395,062 MCFJun 2024
State LeaseBaldwin Offshore, AL12 BBLs142,106 MCFJun 2024
State Lease 3Baldwin Offshore, AL18 BBLs258,424 MCFJun 2024
State Lease 34Mobile Offshore, AL31 BBLs458,675 MCFJun 2024
State Lease 53Mobile Offshore, AL41 BBLs597,602 MCFJun 2024

Companies in the Area

These are the closest 5 companies operating near the State Lease 624 property.

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