SCHARBAUER C NW

Oil // district 10 // lease#58703

op: RING ENERGY, INC.

cum_oil

369k BBL

cum_gas

0 MCF

wells

6

production

2022-11 — 2026-03

peak_month

2023-01

-- production_history

cum_oil: 369,162 BBL cum_gas: 0 MCF

-- decline_curve_analysis

qi

13,144 BBL/mo

Di (annual)

23.9%

b-factor

0.0

EUR

660,790 BBL

R-squared

0.433

type

exponential

-- wells (6)

WELL#APIOPERATORPERMITSDEPTHLAST_ISSUED
105RING ENERGY, INC.38,5002024-11-15
103RING ENERGY, INC.18,5002023-12-07
102FOUNDERS OIL & GAS OPERATING,LLC28,5002022-09-19
104FOUNDERS OIL & GAS OPERATING,LLC28,5002022-08-10
101FOUNDERS OIL & GAS OPERATING,LLC28,5002022-07-18
106FOUNDERS OIL & GAS OPERATING,LLC18,5002021-12-29
EOF // data source: Texas Railroad Commission // 2026