Parsons

Oil Property in Isabella County, MI

  2. Michigan
  3. Isabella County, MI
  4. Oil & Gas Properties in Isabella County, MI
  5. Parsons Oil Property

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Property Summary

Key data points for Parsons

CountyIsabella County, MI
OperatorWEST BAY EXPLORATION COMPANY
Production DatesDec 2017 - Jul 2024
Total Oil Production285,954 BBLs
Total Gas Production0 MCF
Recent Oil Production2,341 BBLs in Jul 2024
Recent Gas Production0 MCF in Jul 2024
Wells on Property2

Our Valuation Estimates for Parsons

ShaleAssessment™

Not Available

MarketMultiple™

$327,276 **

* 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 Jul 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 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, MI0 BBLs0 MCFMay 2024
CurrieIsabella County, MI0 BBLs0 MCFMay 2024
FikeIsabella County, MI0 BBLs0 MCFMay 2024
FitzpatrickIsabella County, MI0 BBLs0 MCFMay 2024
HoranIsabella County, MI0 BBLs0 MCFMay 2024
HoveyIsabella County, MI0 BBLs0 MCFMay 2024
Lapham 1-32Clare County, MI2,162 BBLs0 MCFJul 2024
McGuireIsabella County, MI0 BBLs0 MCFMay 2024
PappasIsabella County, MI0 BBLs0 MCFMay 2024
PollardIsabella County, MI0 BBLs0 MCFMay 2024
State Grant &Clare County, MI2,495 BBLs0 MCFJul 2024
StoughIsabella County, MI0 BBLs0 MCFMay 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