Oil & Gas Property in Kalkaska County, MI
Key data points for State Excelsior
| County | Kalkaska County, MI |
|---|---|
| Production Dates | Jan 1982 - Sep 2024 |
| Total Oil Production | 4,288 BBLs |
| Total Gas Production | 1,896,418 MCF |
| Recent Oil Production | 0 BBLs in Aug 2024 |
| Recent Gas Production | 5,941 MCF in Aug 2024 |
| Wells on Property | 18 |
Our Valuation Estimates for State Excelsior
ShaleAssessment™
$12,020 *
MarketMultiple™
$4,941 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 8 properties to the State Excelsior property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Ricci | Kalkaska County, MI | 120 BBLs | 11,740 MCF | Oct 2024 |
| Ricci Unit | Kalkaska County, MI | 46 BBLs | 4,483 MCF | Oct 2024 |
| Simpson | Kalkaska County, MI | 322 BBLs | 1,438 MCF | Oct 2024 |
| Simpson | Kalkaska County, MI | 0 BBLs | 1,972 MCF | Oct 2024 |
| Simpson-State | Kalkaska County, MI | 0 BBLs | 988 MCF | Oct 2024 |
| State Blue Lake | Kalkaska County, MI | 601 BBLs | 41,132 MCF | Oct 2024 |
| State Coldsprings | Kalkaska County, MI | 456 BBLs | 739 MCF | Oct 2024 |
| State Excelsior | Kalkaska County, MI | 0 BBLs | 21,268 MCF | Sep 2024 |
These are the closest 20 companies operating near the State Excelsior property.