Wise

Oil & Gas Property in Grand Traverse County, MI

Property Summary

Key data points for Wise

CountyGrand Traverse County, MI
Production DatesJan 1982 - Oct 2024
Total Oil Production822,411 BBLs
Total Gas Production1,778,412 MCF
Recent Oil Production370 BBLs in Aug 2024
Recent Gas Production1,736 MCF in Aug 2024
Wells on Property2

Our Valuation Estimates for Wise

ShaleAssessment

$33,075 *

MarketMultiple

$73,163 **

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

Based on a decimal interest

Wise Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Wise
from Jan 1982 to Oct 2024

Wells on Wise

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
21-055-30751WISE 1-16 HD1LAMBDA ENERGY RESOURCES LLCProducingGrand Traverse County, MI44.643710-85.528479
21-055-40340WISE ET AL 3-16SWEPI LPPlugging ApprovedGrand Traverse County, MI44.643050-85.524860

Leases included in Wise

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
278WISE, R & D 1-16MERIT ENERGY COGrand Traverse County, MI
8473WISE ET ALSWEPI LPGrand Traverse County, MI

Nearby Properties

These are the closest 20 properties to the Wise property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Baber-State ParadiseGrand Traverse County, MI418 BBLs207 MCFOct 2024
Brown BridgeGrand Traverse County, MI17 BBLs0 MCFSep 2024
City Of Traverse CityGrand Traverse County, MI0 BBLs0 MCFJun 2024
Cunningham 1-20Grand Traverse County, MI0 BBLs0 MCFJul 2021
Hency BancroftGrand Traverse County, MI0 BBLs0 MCFSep 2024
Lassa-SchmuckalGrand Traverse County, MI0 BBLs1,103 MCFSep 2024
MacdonaldGrand Traverse County, MI499 BBLs1,427 MCFOct 2024
MuellerGrand Traverse County, MI0 BBLs0 MCFJun 2024
OckertGrand Traverse County, MI258 BBLs155 MCFOct 2024
Percha-State Blair 1-25Grand Traverse County, MI401 BBLs283 MCFOct 2024
RawlingsGrand Traverse County, MI0 BBLs0 MCFSep 2023
Rotary CampGrand Traverse County, MI0 BBLs0 MCFJul 2024
SchmuckalGrand Traverse County, MI114 BBLs975 MCFOct 2024
Shumsky State BlairGrand Traverse County, MI10 BBLs28 MCFSep 2024
Spider Lake-State East BayGrand Traverse County, MI0 BBLs0 MCFJun 2024
State BlairGrand Traverse County, MI27 BBLs786 MCFOct 2024
State East BayGrand Traverse County, MI0 BBLs0 MCFMay 2024
State East BayGrand Traverse County, MI0 BBLs0 MCFFeb 2024
WaslawskiGrand Traverse County, MI0 BBLs0 MCFOct 2024
WeaverGrand Traverse County, MI0 BBLs250 MCFOct 2024