SCHARBAUER C

Oil // district 10 // lease#57672

op: RING ENERGY, INC.

cum_oil

350k BBL

cum_gas

0 MCF

wells

8

production

2022-07 — 2026-03

peak_month

2024-05

-- production_history

cum_oil: 349,681 BBL cum_gas: 0 MCF

-- decline_curve_analysis

qi

14,959 BBL/mo

Di (annual)

50.1%

b-factor

2.0

EUR

2,203,304 BBL

R-squared

0.584

type

hyperbolic

-- wells (8)

WELL#APIOPERATORPERMITSDEPTHLAST_ISSUED
302RING ENERGY, INC.18,5002024-01-25
103RING ENERGY, INC.28,5002023-12-19
205RING ENERGY, INC.28,5002023-12-19
208RING ENERGY, INC.28,5002023-12-08
301RING ENERGY, INC.18,5002023-11-09
204FOUNDERS OIL & GAS OPERATING,LLC28,5002022-09-22
206FOUNDERS OIL & GAS OPERATING,LLC18,5002022-09-22
201FOUNDERS OIL & GAS OPERATING,LLC28,5002021-12-28
EOF // data source: Texas Railroad Commission // 2026