State Farmington

Oil & Gas Property in Wayne County, MI

  2. Michigan
  3. Wayne County, MI
  4. Oil & Gas Properties in Wayne County, MI
  5. State Farmington Oil & Gas Property

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Property Summary

Key data points for State Farmington

CountiesOakland County, MI
Wayne County, MI
OperatorWEST BAY EXPLORATION COMPANY
Production DatesMar 2008 - Jul 2024
Total Oil Production428,831 BBLs
Total Gas Production218,547 MCF
Recent Oil Production2,301 BBLs in Jul 2024
Recent Gas Production1,734 MCF in Jul 2024
Wells on Property4

Our Valuation Estimates for State Farmington

ShaleAssessment™

$55,398 *

MarketMultiple™

$344,440 **

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

Based on a decimal interest

State Farmington Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for State Farmington
from Mar 2008 to Jul 2024

Wells on State Farmington

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
21-125-50072STATE FARMINGTON & WEST BAY 1-31WEST BAY EXPLORATION COMPANYTerminated PermitOakland County, MI42.447260-83.432590
21-125-50462STATE FARMINGTON & WEST BAY 2-31WEST BAY EXPLORATION COMPANYTerminated PermitOakland County, MI42.447210-83.432590
21-125-52063STATE FARMINGTON & WEST BAY EXP. 1-31WEST BAY EXPLORATION COMPANYTerminated PermitOakland County, MI42.447290-83.433170
21-163-58681STATE FARMINGTON & WEST BAY 1-31WEST BAY EXPLORATION COMPANYProducingWayne County, MI42.431110-83.427410

Leases included in State Farmington

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
21238State Farmington and West Bay 1-31WEST BAY EXPLORATION COMPANYWayne County, MI

Nearby Properties

These are the closest 2 properties to the State Farmington property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
State Livonia & Schoolcraft College 1-18Wayne County, MI383 BBLs154 MCFJul 2024
State Northville 1-1Wayne County, MI571 BBLs0 MCFJul 2024

Companies in the Area

These are the closest 2 companies operating near the State Farmington property.

Company Name
Somoco Inc
West Bay Exploration Company