Oil & Gas Property in Calhoun County, MI
Key data points for Hoffman
| County | Calhoun County, MI |
|---|---|
| Operator | WEST BAY EXPLORATION COMPANY |
| Production Dates | Apr 2007 - Sep 2024 |
| Total Oil Production | 618,160 BBLs |
| Total Gas Production | 632,492 MCF |
| Recent Oil Production | 195 BBLs in Aug 2024 |
| Recent Gas Production | 3,031 MCF in Aug 2024 |
| Wells on Property | 12 |
Our Valuation Estimates for Hoffman
ShaleAssessment™
$56,494 *
MarketMultiple™
$70,679 **
* 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 Hoffman property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Kelly 1-2 | Calhoun County, MI | 286 BBLs | 192 MCF | Sep 2024 |
| Kilbourn Farm | Calhoun County, MI | 312 BBLs | 1,509 MCF | Sep 2024 |
| Koyl | Calhoun County, MI | 128 BBLs | 0 MCF | Oct 2024 |
| Mymachod A | Calhoun County, MI | 0 BBLs | 0 MCF | Oct 2024 |
| Starr Commonwealth | Calhoun County, MI | 274 BBLs | 0 MCF | Oct 2024 |
| Treadwell | Calhoun County, MI | 0 BBLs | 0 MCF | May 1990 |
These are the closest 10 companies operating near the Hoffman property.