Parsons

Oil Property in Isabella County, MI

Property Summary

Key data points for Parsons

CountyIsabella County, MI
OperatorWEST BAY EXPLORATION COMPANY
Production DatesDec 2017 - Jan 2025
Total Oil Production298,667 BBLs
Total Gas Production0 MCF
Recent Oil Production2,057 BBLs in Jan 2025
Recent Gas Production0 MCF in Jan 2025
Wells on Property2

Our Valuation Estimates for Parsons

ShaleAssessment

Not Available

MarketMultiple

$297,175 **

* 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 Jan 2025

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 NameOperatorCountyMonthly Oil Prod.
21729PARSONS 1-5WEST BAY EXPLORATION COMPANYIsabella County, MI
21757PARSONS 2-5WEST BAY EXPLORATION COMPANYIsabella County, MI

Nearby Properties

These are the closest 12 properties to the Parsons property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BigelowIsabella County, MI183 BBLs0 MCFFeb 2025
CurrieIsabella County, MI10 BBLs0 MCFFeb 2025
FikeIsabella County, MI245 BBLs0 MCFFeb 2025
FitzpatrickIsabella County, MI0 BBLs0 MCFFeb 2025
HoranIsabella County, MI157 BBLs0 MCFFeb 2025
HoveyIsabella County, MI327 BBLs0 MCFFeb 2025
Lapham 1-32Clare County, MI1,989 BBLs0 MCFJan 2025
McGuireIsabella County, MI191 BBLs0 MCFFeb 2025
PappasIsabella County, MI307 BBLs0 MCFFeb 2025
PollardIsabella County, MI0 BBLs0 MCFFeb 2025
State Grant &Clare County, MI1,204 BBLs0 MCFJan 2025
StoughIsabella County, MI58 BBLs0 MCFFeb 2025

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