Oil & Gas Property in Kalkaska County, MI
Key data points for Westerman
County | Kalkaska County, MI |
---|---|
Production Dates | Mar 2014 - Jul 2024 |
Total Oil Production | 26,094 BBLs |
Total Gas Production | 187,586 MCF |
Recent Oil Production | 190 BBLs in Jul 2024 |
Recent Gas Production | 1,548 MCF in Jul 2024 |
Wells on Property | 8 |
Our Valuation Estimates for Westerman
ShaleAssessment™
$5,704 *
MarketMultiple™
$14,961 **
* 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 | 0 BBLs | 120 MCF | Aug 2024 |
State Groff | Kalkaska County, MI | 46 BBLs | 1,503 MCF | Aug 2024 |
State Kalkaska | Kalkaska County, MI | 821 BBLs | 1,263 MCF | Aug 2024 |
State Kalkaska | Kalkaska County, MI | 0 BBLs | 0 MCF | Aug 2024 |
State Rapid River | Kalkaska County, MI | 507 BBLs | 848 MCF | Aug 2024 |
These are the closest 20 companies operating near the Westerman property.