Parsons

Oil Property in Isabella County, MI

Property Summary

Key data points for Parsons

CountyIsabella County, MI
OperatorWEST BAY EXPLORATION COMPANY
Production DatesDec 2017 - Oct 2024
Total Oil Production292,692 BBLs
Total Gas Production0 MCF
Recent Oil ProductionNo Recent Prod.
Recent Gas ProductionNo Recent Prod.
Wells on Property2

Our Valuation Estimates for Parsons

ShaleAssessment

Not Available

MarketMultiple

$316,945 **

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

Based on a decimal interest

Parsons Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Parsons
from Dec 2017 to Oct 2024

Wells on Parsons

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
21-073-62002PARSONS 1-5WEST BAY EXPLORATION COMPANYProducingIsabella County, MI43.805596-84.822112
21-073-62004PARSONS 2-5WEST BAY EXPLORATION COMPANYProducingIsabella County, MI43.805598-84.821658

Leases included in Parsons

Lease #Lease NameOperatorCounty
21729PARSONS 1-5WEST BAY EXPLORATION COMPANYIsabella County, MI
21757PARSONS 2-5WEST BAY EXPLORATION COMPANYIsabella County, MI

Nearby Properties

These are the closest 11 properties to the Parsons property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BigelowIsabella County, MI107 BBLs0 MCFDec 2024
CurrieIsabella County, MI13 BBLs0 MCFDec 2024
FikeIsabella County, MI271 BBLs0 MCFDec 2024
FitzpatrickIsabella County, MI42 BBLs0 MCFDec 2024
HoranIsabella County, MI140 BBLs0 MCFDec 2024
HoveyIsabella County, MI260 BBLs0 MCFDec 2024
McGuireIsabella County, MI196 BBLs0 MCFDec 2024
PappasIsabella County, MI277 BBLs0 MCFDec 2024
PollardIsabella County, MI66 BBLs0 MCFDec 2024
State Grant &Clare County, MI0 BBLs0 MCFOct 2024
StoughIsabella County, MI67 BBLs0 MCFDec 2024

Companies in the Area

These are the closest 3 companies operating near the Parsons property.

Company Name
Glen Cain Inc
Miller Energy Company II LLC
West Bay Exploration Company