Oil & Gas Property in Mobile Offshore, AL
Key data points for State Lease 34
| Counties | Mobile Offshore, AL Mobile County, AL Baldwin Offshore, AL |
|---|---|
| Operator | MOBIL OIL EXPLORATION & PRODUCING SOUTHEAST, INC. |
| Production Dates | Apr 1988 - Jan 2025 |
| Total Oil Production | 97,339 BBLs |
| Total Gas Production | 449,073,317 MCF |
| Recent Oil Production | 108 BBLs in Nov 2024 |
| Recent Gas Production | 465,810 MCF in Nov 2024 |
| Wells on Property | 11 |
Our Valuation Estimates for State Lease 34
ShaleAssessment™
$1,412,779 *
MarketMultiple™
$1,164,262 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 6 properties to the State Lease 34 property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| S/L 531 #5 | Mobile Offshore, AL | 41 BBLs | 154,591 MCF | Jan 2025 |
| SL 615 | Baldwin Offshore, AL | 0 BBLs | 0 MCF | Feb 2015 |
| State Lease | Mobile Offshore, AL | 7 BBLs | 20,585 MCF | Jan 2025 |
| State Lease | Baldwin Offshore, AL | 79 BBLs | 230,153 MCF | Jan 2025 |
| State Lease 3 | Baldwin Offshore, AL | 64 BBLs | 276,911 MCF | Jan 2025 |
| State Lease 53 | Mobile Offshore, AL | 158 BBLs | 604,708 MCF | Jan 2025 |
These are the closest 5 companies operating near the State Lease 34 property.
| Company Name |
|---|
| Exxon Corporation |
| Exxon Mobil Corporation |
| Legacy Resources Co., L.P. |
| Mobil Oil Exploration & Producing Southeast, Inc. |
| W & T Offshore, Inc. |