JPP UNIT

Oil · District 01 · Lease #20158

Operator: VALENCE OPERATING COMPANY

Cum Oil

1.1M BBL

Cum Gas

311k MCF

casinghead

Wells

5

Production

2020-01 — 2026-04

Peak Month

2021-03

Production History

Cum Oil: 1,068,387 BBL Cum Gas: 311,184 MCF

RRC production reported through Apr 2026 · recent months incomplete

Decline Curve Analysis

qi

58,389 BBL/mo

Di (annual)

291.7%

b-factor

1.1

EUR

1,412,595 BBL

R-squared

0.864

type

hyperbolic

Operator History (from monthly production reports)

2020-01 — 2026-07 VALENCE OPERATING COMPANY 79 mo

Wells (5)

WELL#APIOPERATORPERMITSDEPTHLAST_ISSUED
4HVALENCE OPERATING COMPANY29,3002019-11-22
1HVALENCE OPERATING COMPANY29,3002019-11-20
2HVALENCE OPERATING COMPANY29,3002019-11-20
3HVALENCE OPERATING COMPANY29,3002019-11-20
5HVALENCE OPERATING COMPANY29,3002019-11-20