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 Sep 2024 |
| Recent Gas Production | 310 MCF in Sep 2024 |
| Wells on Property | 18 |
Our Valuation Estimates for State Excelsior
ShaleAssessment™
$12,020 *
MarketMultiple™
$5,125 **
* 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 | 214 BBLs | 11,178 MCF | Nov 2024 |
| Ricci Unit | Kalkaska County, MI | 83 BBLs | 4,351 MCF | Nov 2024 |
| Simpson | Kalkaska County, MI | 0 BBLs | 1,746 MCF | Nov 2024 |
| Simpson | Kalkaska County, MI | 484 BBLs | 1,250 MCF | Nov 2024 |
| Simpson-State | Kalkaska County, MI | 0 BBLs | 809 MCF | Nov 2024 |
| State Blue Lake | Kalkaska County, MI | 222 BBLs | 27,713 MCF | Nov 2024 |
| State Coldsprings | Kalkaska County, MI | 475 BBLs | 657 MCF | Nov 2024 |
| State Excelsior | Kalkaska County, MI | 0 BBLs | 185 MCF | Sep 2024 |
These are the closest 20 companies operating near the State Excelsior property.