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 - Oct 2024 |
| Total Oil Production | 618,682 BBLs |
| Total Gas Production | 634,722 MCF |
| Recent Oil Production | 556 BBLs in Sep 2024 |
| Recent Gas Production | 2,226 MCF in Sep 2024 |
| Wells on Property | 12 |
Our Valuation Estimates for Hoffman
ShaleAssessment™
$55,717 *
MarketMultiple™
$68,850 **
* 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 |
|---|---|---|---|---|
| Foote 1-12 | Calhoun County, MI | 391 BBLs | 491 MCF | Oct 2024 |
| Kilbourn Farm | Calhoun County, MI | 281 BBLs | 1,267 MCF | Oct 2024 |
| Koyl | Calhoun County, MI | 59 BBLs | 0 MCF | Dec 2024 |
| Mymachod A | Calhoun County, MI | 0 BBLs | 0 MCF | Nov 2024 |
| Starr Commonwealth | Calhoun County, MI | 447 BBLs | 0 MCF | Dec 2024 |
| Treadwell | Calhoun County, MI | 0 BBLs | 0 MCF | May 1990 |
These are the closest 9 companies operating near the Hoffman property.