UNIVERSITY -36-

Oil · District 08 · Lease #17838

Operator: UNION OIL COMPANY OF CALIFORNIA

Cum Oil

393k BBL

Cum Gas

455k MCF

casinghead

Wells

7

Production

1993-01 — 2012-05

Peak Month

1994-01

Production History

Cum Oil: 393,046 BBL Cum Gas: 454,625 MCF

RRC production reported through Apr 2026 · recent months incomplete

Decline Curve Analysis

qi

9,328 BBL/mo

Di (annual)

28.0%

b-factor

0.0

EUR

400,188 BBL

R-squared

0.805

type

exponential

Operator History (from monthly production reports)

2025-04 — 2026-07 RING ENERGY, INC. 16 mo
2018-12 — 2025-03 LIME ROCK RESOURCES IV-A, L.P. 76 mo
2016-01 — 2018-11 GREYSTONE PETROLEUM, LLC 35 mo
2011-01 — 2015-12 GREYSTONE OIL & GAS, LLP 60 mo
2006-04 — 2010-12 CHEVRON MIDCONTINENT, L.P. 57 mo
2000-06 — 2006-03 PURE RESOURCES, L.P. 70 mo
1993-01 — 2000-05 UNION OIL COMPANY OF CALIFORNIA 89 mo

Wells (7)

WELL#APIOPERATORPERMITSDEPTHLAST_ISSUED
2WTG EXPLORATION212,0002013-02-21
6RING ENERGY, INC.112,8152003-04-10
1RING ENERGY, INC.112,6362002-01-24
7RING ENERGY, INC.112,7682002-01-17
3RING ENERGY, INC.112,6652001-11-06
442-003-06577RING ENERGY INC.------
542-003-06529RING ENERGY INC.------