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 - Sep 2024
Total Oil Production20,754 BBLs
Total Gas Production0 MCF
Recent Oil Production312 BBLs in Sep 2024
Recent Gas Production0 MCF in Sep 2024
Wells on Property1

Our Valuation Estimates for Cronk 3-3

ShaleAssessment

Not Available

MarketMultiple

$41,959 **

* 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 Sep 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, MI228 BBLs0 MCFOct 2024
ClaytonArenac County, MI0 BBLs11,903 MCFOct 2024
CrandallArenac County, MI151 BBLs0 MCFOct 2024
DeckerArenac County, MI34 BBLs0 MCFOct 2024
Haroutunian Unit 1-4Arenac County, MI0 BBLs3,057 MCFOct 2024
Kaiander MArenac County, MI259 BBLs0 MCFOct 2024
Keef WilliamArenac County, MI67 BBLs0 MCFOct 2024
PeavyArenac County, MI108 BBLs0 MCFOct 2024
ShepardArenac County, MI359 BBLs0 MCFOct 2024
Sherman, JArenac County, MI10 BBLs0 MCFOct 2024
Sterling BankArenac County, MI0 BBLs0 MCFJun 2024
WerbloArenac County, MI0 BBLs0 MCFJun 2024