Pederson

Oil Property in Isabella County, MI

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

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Property Summary

Key data points for Pederson

CountyIsabella County, MI
OperatorMILLER ENERGY COMPANY II LLC
Production DatesJan 2006 - Nov 2024
Total Oil Production296,131 BBLs
Total Gas Production0 MCF
Recent Oil Production670 BBLs in Sep 2024
Recent Gas Production0 MCF in Sep 2024
Wells on Property4

Our Valuation Estimates for Pederson

ShaleAssessment™

$60,937 *

MarketMultiple™

$97,700 **

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

Based on a decimal interest

Pederson Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Pederson
from Jan 2006 to Nov 2024

Wells on Pederson

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
21-073-57161PEDERSON 1-32MILLER ENERGY COMPANY II LLCProducingIsabella County, MI43.640440-85.063270
21-073-59033PEDERSON 2-32MILLER ENERGY COMPANY II LLCProducingIsabella County, MI43.640440-85.058690
21-073-60361PEDERSON 3-32MILLER ENERGY COMPANY II LLCProducingIsabella County, MI43.644040-85.060870
21-073-61013PEDERSON 4-32MILLER ENERGY COMPANY II LLCProducingIsabella County, MI43.645534-85.058593

Leases included in Pederson

Lease #Lease NameOperatorCountyMonthly Oil Prod.
21078PEDERSON UNITMILLER ENERGY COMPANY II LLCIsabella County, MI

Nearby Properties

These are the closest 4 properties to the Pederson property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Conservation EstatesIsabella County, MI187 BBLs0 MCFNov 2024
CummingsIsabella County, MI80 BBLs0 MCFNov 2024
DutcherIsabella County, MI86 BBLs0 MCFNov 2024
TerryIsabella County, MI56 BBLs0 MCFNov 2024

Companies in the Area

These are the closest 4 companies operating near the Pederson property.

Company Name
Anr Production Company
Don Yohe Enterprises Inc.
Mid Michigan Gas Storage Co
Miller Energy Company II LLC