Oil Property in Clare County, MI
Key data points for Lapham 1-32
| County | Clare County, MI |
|---|---|
| Operator | WEST BAY EXPLORATION COMPANY |
| Production Dates | Jul 2018 - Jan 2025 |
| Total Oil Production | 210,766 BBLs |
| Total Gas Production | 0 MCF |
| Recent Oil Production | 1,989 BBLs in Jan 2025 |
| Recent Gas Production | 0 MCF in Jan 2025 |
| Wells on Property | 2 |
Our Valuation Estimates for Lapham 1-32
ShaleAssessment™
Not Available
MarketMultiple™
$258,221 **
* 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 12 properties to the Lapham 1-32 property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Bigelow | Isabella County, MI | 183 BBLs | 0 MCF | Feb 2025 |
| Currie | Isabella County, MI | 10 BBLs | 0 MCF | Feb 2025 |
| Fike | Isabella County, MI | 245 BBLs | 0 MCF | Feb 2025 |
| Horan | Isabella County, MI | 157 BBLs | 0 MCF | Feb 2025 |
| Hovey | Isabella County, MI | 327 BBLs | 0 MCF | Feb 2025 |
| McGuire | Isabella County, MI | 191 BBLs | 0 MCF | Feb 2025 |
| Mikesell | Clare County, MI | 12 BBLs | 0 MCF | Feb 2025 |
| Pappas | Isabella County, MI | 307 BBLs | 0 MCF | Feb 2025 |
| Parsons | Isabella County, MI | 2,057 BBLs | 0 MCF | Jan 2025 |
| State Grant & | Clare County, MI | 1,204 BBLs | 0 MCF | Jan 2025 |
| Stough | Isabella County, MI | 58 BBLs | 0 MCF | Feb 2025 |
| Walker | Clare County, MI | 30 BBLs | 0 MCF | Feb 2025 |
These are the closest 5 companies operating near the Lapham 1-32 property.
| Company Name |
|---|
| Bwab Incorporated |
| Glen Cain Inc |
| Miller Energy Company II LLC |
| West Bay Exploration Company |
| Yost Energy Inc |