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 - Oct 2024
Total Oil Production85,566 BBLs
Total Gas Production357,665,024 MCF
Recent Oil Production52 BBLs in Oct 2024
Recent Gas Production129,716 MCF in Oct 2024
Wells on Property3

Our Valuation Estimates for State Lease 624

ShaleAssessment™

$1,572,520 *

MarketMultiple™

$305,438 **

* 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 Oct 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, 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 Lease 3Baldwin Offshore, AL106 BBLs285,304 MCFNov 2024
State Lease 34Mobile Offshore, AL128 BBLs343,167 MCFNov 2024
State Lease 53Mobile Offshore, AL225 BBLs551,490 MCFNov 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.