STELLA PENN

Oil · District 01 · Lease #17950

Operator: VARAS ENERGY OPERATING COMPANY,

Cum Oil

44k BBL

Cum Gas

113k MCF

casinghead

Wells

1

Production

2014-01 — 2026-04

Peak Month

2014-06

Production History

Cum Oil: 43,967 BBL Cum Gas: 112,703 MCF

RRC production reported through Apr 2026 · recent months incomplete

Decline Curve Analysis

qi

576 BBL/mo

Di (annual)

13.5%

b-factor

0.0

EUR

50,920 BBL

R-squared

0.421

type

exponential

Operator History (from monthly production reports)

2025-01 — 2026-07 VARAS ENERGY OPERATING COMPANY, 19 mo
2020-12 — 2024-12 HUGOTON OPERATING COMPANY, INC. 49 mo
2020-01 — 2020-11 BLACKBEARD OPERATING, LLC 11 mo
2014-01 — 2019-12 BLUESTONE NATURAL RES. II, LLC 72 mo

Wells (1)

WELL#APIOPERATORPERMITSDEPTHLAST_ISSUED
9VARAS ENERGY OPERATING COMPANY,23,2002013-12-12