PEARCE

Oil · District 01 · Lease #17633

Operator: VALENCE OPERATING COMPANY

Cum Oil

1.8M BBL

Cum Gas

1.6M MCF

casinghead

Wells

9

Production

2014-04 — 2026-04

Peak Month

2024-05

Production History

Cum Oil: 1,756,128 BBL Cum Gas: 1,613,402 MCF

RRC production reported through Apr 2026 · recent months incomplete

Decline Curve Analysis

qi

57,780 BBL/mo

Di (annual)

211.6%

b-factor

1.7

EUR

3,512,616 BBL

R-squared

0.939

type

hyperbolic

Operator History (from monthly production reports)

2014-04 — 2026-07 VALENCE OPERATING COMPANY 148 mo

Wells (9)

WELL#APIOPERATORPERMITSDEPTHLAST_ISSUED
7HVALENCE OPERATING COMPANY29,2002023-09-25
8HVALENCE OPERATING COMPANY29,2002023-09-25
9HVALENCE OPERATING COMPANY29,2002023-09-25
5HVALENCE OPERATING COMPANY19,1002023-01-27
6HVALENCE OPERATING COMPANY19,1002023-01-27
3HVALENCE OPERATING COMPANY29,3002013-12-13
4HVALENCE OPERATING COMPANY19,3002013-12-11
1HVALENCE OPERATING COMPANY19,5002013-11-18
2HVALENCE OPERATING COMPANY19,5002013-11-15