CLEO

Oil // district 6 // lease#15981

op: VALENCE OPERATING COMPANY

cum_oil

155k BBL

cum_gas

0 MCF

wells

1

production

2023-09 — 2026-03

peak_month

2023-11

-- production_history

cum_oil: 154,922 BBL cum_gas: 0 MCF

-- decline_curve_analysis

qi

10,737 BBL/mo

Di (annual)

77.3%

b-factor

0.1

EUR

185,240 BBL

R-squared

0.813

type

hyperbolic

-- wells (1)

WELL#APIOPERATORPERMITSDEPTHLAST_ISSUED
1HVALENCE OPERATING COMPANY38,9002023-01-20
EOF // data source: Texas Railroad Commission // 2026