Oil & Gas Property in Cheboygan County, MI
Key data points for State Forest
| County | Cheboygan County, MI |
|---|---|
| Production Dates | Feb 1982 - Jan 2025 |
| Total Oil Production | 2,674,496 BBLs |
| Total Gas Production | 2,625,147 MCF |
| Recent Oil Production | 1,402 BBLs in Jan 2025 |
| Recent Gas Production | 53 MCF in Jan 2025 |
| Wells on Property | 82 |
Our Valuation Estimates for State Forest
ShaleAssessment™
$84,076 *
MarketMultiple™
$337,607 **
* 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 4 properties to the State Forest property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Canada Creek | Montmorency County, MI | 0 BBLs | 1,986 MCF | Feb 2025 |
| Ledges Farms | Presque Isle County, MI | 0 BBLs | 0 MCF | Jul 2024 |
| Rupp State Forest 1-21 | Cheboygan County, MI | 627 BBLs | 8 MCF | Jan 2025 |
| State | Presque Isle County, MI | 971 BBLs | 212 MCF | Feb 2025 |
These are the closest 20 companies operating near the State Forest property.