Grove

Oil Property in Gladwin County, MI

  2. Michigan
  3. Gladwin County, MI
  4. Oil & Gas Properties in Gladwin County, MI
  5. Grove Oil Property

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Property Summary

Key data points for Grove

CountyGladwin County, MI
OperatorJORDAN DEVELOPMENT COMPANY LLC
Production DatesFeb 2014 - Sep 2024
Total Oil Production255,886 BBLs
Total Gas Production0 MCF
Recent Oil Production444 BBLs in Aug 2024
Recent Gas Production0 MCF in Aug 2024
Wells on Property8

Our Valuation Estimates for Grove

ShaleAssessment™

$10,308 *

MarketMultiple™

$50,167 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Grove Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Grove
from Feb 2014 to Sep 2024

Wells on Grove

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
21-051-60871GROVE 1-14JORDAN DEVELOPMENT COMPANY LLCProducingGladwin County, MI44.042764-84.507128
21-051-60919GROVE 2-14JORDAN DEVELOPMENT COMPANY LLCTerminated PermitGladwin County, MI44.043445-84.506484
21-051-61015GROVE 3-14 HD1JORDAN DEVELOPMENT COMPANY LLCProducingGladwin County, MI44.043641-84.511848
21-051-61015GROVE 3-14JORDAN DEVELOPMENT COMPANY LLCPlugging ApprovedGladwin County, MI44.043641-84.511848
21-051-61111GROVE 13-11 SWDJORDAN DEVELOPMENT COMPANY LLCPlugging CompletedGladwin County, MI44.046771-84.524691
21-051-61111GROVE 13-11JORDAN DEVELOPMENT COMPANY LLCPlugging CompletedGladwin County, MI44.046771-84.524691
21-051-61215GROVE 1-15JORDAN DEVELOPMENT COMPANY LLCPlugging CompletedGladwin County, MI44.042812-84.526706
21-051-62015GROVE 6-14JORDAN DEVELOPMENT COMPANY LLCPlugging ApprovedGladwin County, MI44.041356-84.516434

Leases included in Grove

Lease #Lease NameOperatorCountyMonthly Oil Prod.
21637GROVE 1-14JORDAN DEVELOPMENT COMPANY LLCGladwin County, MI
21686GROVE 13-11JORDAN DEVELOPMENT COMPANY LLCGladwin County, MI
21688GROVE 3-14 HD1JORDAN DEVELOPMENT COMPANY LLCGladwin County, MI

Nearby Properties

These are the closest 6 properties to the Grove property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
GertzGladwin County, MI0 BBLs0 MCFNov 2023
HallClare County, MI1,321 BBLs0 MCFSep 2024
Mawhorter 1-36Gladwin County, MI857 BBLs0 MCFSep 2024
MeyerClare County, MI154 BBLs0 MCFOct 2024
StrohkirchGladwin County, MI135 BBLs0 MCFSep 2024
TluczekGladwin County, MI566 BBLs0 MCFOct 2024

Companies in the Area

These are the closest 8 companies operating near the Grove property.

Company Name
Benelli Oil LLC
Hardy And Hardy Consulting LLC
Kaiser-Francis Oil Company
Muskegon Operating Company LLC
Oryx Energy Company
Sun Oil Company
Tluczek Operating Corporation LLC
West Bay Exploration Company