Cronk 3-3

Oil Property in Arenac County, MI

Property Summary

Key data points for Cronk 3-3

CountyArenac County, MI
OperatorJORDAN DEVELOPMENT COMPANY LLC
Production DatesNov 2019 - Dec 2024
Total Oil Production22,027 BBLs
Total Gas Production0 MCF
Recent Oil Production319 BBLs in Dec 2024
Recent Gas Production0 MCF in Dec 2024
Wells on Property1

Our Valuation Estimates for Cronk 3-3

ShaleAssessment

Not Available

MarketMultiple

$44,821 **

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

Based on a decimal interest

Cronk 3-3 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Cronk 3-3
from Nov 2019 to Dec 2024

Wells on Cronk 3-3

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
21-011-62005CRONK 3-3JORDAN DEVELOPMENT COMPANY LLCProducingArenac County, MI44.158905-83.980026

Leases included in Cronk 3-3

Lease #Lease NameOperatorCountyMonthly Oil Prod.
22123CRONK 3-3JORDAN DEVELOPMENT COMPANY LLCArenac County, MI

Nearby Properties

These are the closest 12 properties to the Cronk 3-3 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Buffalo LandArenac County, MI235 BBLs0 MCFDec 2024
ClaytonArenac County, MI0 BBLs12,274 MCFJan 2025
CrandallArenac County, MI158 BBLs0 MCFDec 2024
DeckerArenac County, MI0 BBLs0 MCFOct 2024
Haroutunian Unit 1-4Arenac County, MI0 BBLs2,995 MCFJan 2025
Kaiander MArenac County, MI202 BBLs0 MCFDec 2024
Keef WilliamArenac County, MI69 BBLs0 MCFDec 2024
PeavyArenac County, MI110 BBLs0 MCFDec 2024
ShepardArenac County, MI330 BBLs0 MCFDec 2024
Sherman, JArenac County, MI12 BBLs0 MCFDec 2024
Sterling BankArenac County, MI0 BBLs0 MCFJun 2024
WerbloArenac County, MI0 BBLs0 MCFJun 2024