Oil & Gas Property in Kalkaska County, MI
Key data points for Westerman
County | Kalkaska County, MI |
---|---|
Production Dates | Mar 2014 - Sep 2024 |
Total Oil Production | 26,169 BBLs |
Total Gas Production | 189,106 MCF |
Recent Oil Production | 58 BBLs in Aug 2024 |
Recent Gas Production | 1,006 MCF in Aug 2024 |
Wells on Property | 8 |
Our Valuation Estimates for Westerman
ShaleAssessment™
$5,531 *
MarketMultiple™
$16,249 **
* 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 5 properties to the Westerman property.
Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
---|---|---|---|---|
Seeley | Kalkaska County, MI | 3 BBLs | 104 MCF | Oct 2024 |
State Groff | Kalkaska County, MI | 74 BBLs | 1,403 MCF | Oct 2024 |
State Kalkaska | Kalkaska County, MI | 1 BBLs | 979 MCF | Oct 2024 |
State Kalkaska | Kalkaska County, MI | 396 BBLs | 1,101 MCF | Oct 2024 |
State Rapid River | Kalkaska County, MI | 540 BBLs | 2,052 MCF | Oct 2024 |
These are the closest 20 companies operating near the Westerman property.