State Northville 1-1

Oil & Gas Property in Wayne County, MI

Property Summary

Key data points for State Northville 1-1

CountyWayne County, MI
OperatorSOMOCO INC
Production DatesDec 1989 - Jul 2024
Total Oil Production1,134,543 BBLs
Total Gas Production667,475 MCF
Recent Oil Production571 BBLs in Jul 2024
Recent Gas Production0 MCF in Jul 2024
Wells on Property3

Our Valuation Estimates for State Northville 1-1

ShaleAssessment

$40,929 *

MarketMultiple

$80,714 **

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

Based on a decimal interest

State Northville 1-1 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for State Northville 1-1
from Dec 1989 to Jul 2024

Wells on State Northville 1-1

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
21-163-40920STATE NORTHVILLE 1-12SOMOCO INCProducingWayne County, MI42.420351-83.456655
21-163-40944STATE NORTHVILLE 1-11SOMOCO INCTerminated PermitWayne County, MI42.420790-83.456760
21-163-42100STATE NORTHVILLE 1-11SOMOCO INCProducingWayne County, MI42.420092-83.456591

Leases included in State Northville 1-1

Lease #Lease NameOperatorCountyMonthly Oil Prod.
14796STATE NORTHVILLE 1-12SOMOCO INCWayne County, MI
15972STATE NORTHVILLE 1-11SOMOCO INCWayne County, MI

Nearby Properties

These are the closest 4 properties to the State Northville 1-1 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Delta TruckingOakland County, MI320 BBLs0 MCFJul 2024
State FarmingtonWayne County, MI2,301 BBLs1,734 MCFJul 2024
State Livonia & Schoolcraft College 1-18Wayne County, MI383 BBLs154 MCFJul 2024
State NorthvilleWayne County, MI0 BBLs0 MCFJun 1997

Companies in the Area

These are the closest 3 companies operating near the State Northville 1-1 property.

Company Name
Northern Processors Inc
Somoco Inc
West Bay Exploration Company