Richardson

Oil Property in Gladwin County, MI

Property Summary

Key data points for Richardson

CountyGladwin County, MI
OperatorMILLER ENERGY COMPANY II LLC
Production DatesJan 1997 - Feb 2025
Total Oil Production47,627 BBLs
Total Gas Production0 MCF
Recent Oil Production146 BBLs in Jan 2025
Recent Gas Production0 MCF in Jan 2025
Wells on Property3

Our Valuation Estimates for Richardson

ShaleAssessment

$2,380 *

MarketMultiple

$18,795 **

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

Based on a decimal interest

Richardson Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Richardson
from Jan 1997 to Feb 2025

Wells on Richardson

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
21-051-38041RICHARDSON 1-20MILLER ENERGY COMPANY II LLCProducingGladwin County, MI43.857123-84.255271
21-051-38483RICHARDSON 2-20MILLER ENERGY COMPANY II LLCPlugging ApprovedGladwin County, MI43.858880-84.253980
21-051-39214RICHARDSON 3-20MILLER ENERGY COMPANY II LLCPlugging ApprovedGladwin County, MI43.858330-84.249130

Leases included in Richardson

Lease #Lease NameOperatorCountyMonthly Oil Prod.
8063RICHARDSON 1-20MILLER ENERGY COMPANY II LLCGladwin County, MI
8290RICHARDSONMILLER ENERGY COMPANY II LLCGladwin County, MI

Nearby Properties

These are the closest 5 properties to the Richardson property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
DavisGladwin County, MI101 BBLs0 MCFFeb 2025
McCrandallGladwin County, MI0 BBLs0 MCFApr 2020
Smart, HGladwin County, MI90 BBLs0 MCFFeb 2025
State BentleyGladwin County, MI532 BBLs0 MCFFeb 2025
State BillingsGladwin County, MI0 BBLs0 MCFApr 2020

Companies in the Area

These are the closest 7 companies operating near the Richardson property.

Company Name
Lease Management Inc
Marathon Oil Company
Miller Energy Company II LLC
Muskegon Development Company
Muskegon Operating Company LLC
Oryx Energy Company
V C P Michigan, LLC