SCHARBAUER C NW

Oil // district 10 // lease#56434

op: RING ENERGY, INC.

cum_oil

125k BBL

cum_gas

0 MCF

wells

3

production

2021-10 — 2025-09

peak_month

2022-06

-- production_history

cum_oil: 125,152 BBL cum_gas: 0 MCF

-- decline_curve_analysis

qi

12,253 BBL/mo

Di (annual)

554.3%

b-factor

1.0

EUR

149,754 BBL

R-squared

0.928

type

hyperbolic

-- wells (3)

WELL#APIOPERATORPERMITSDEPTHLAST_ISSUED
105RING ENERGY, INC.38,5002024-11-15
102FOUNDERS OIL & GAS OPERATING,LLC28,5002022-09-19
104FOUNDERS OIL & GAS OPERATING,LLC28,5002022-08-10
EOF // data source: Texas Railroad Commission // 2026