MERCHANT ST.

Oil · District 08 · Lease #24969

Operator: OLSEN ENERGY INC.

Fields: LEHN-APCO, SOUTH (QUEEN)

Cum Oil

4k BBL

Cum Gas

1k MCF

casinghead

Wells

1

Production

1993-01 — 2002-11

Peak Month

1995-01

Production History

Cum Oil: 4,138 BBL Cum Gas: 1,096 MCF

RRC production reported through Apr 2026 · recent months incomplete

Decline Curve Analysis

qi

176 BBL/mo

Di (annual)

26.7%

b-factor

0.0

EUR

7,851 BBL

R-squared

0.962

type

exponential

Operator History (from monthly production reports)

1996-01 — 2003-02 OLSEN ENERGY INC. 86 mo

1994-08 — 1995-12 EARNEST PRODUCING CORPORATION 17 mo

1993-01 — 1994-07 LAWRENCE, C. F. & ASSOC. INC. 19 mo

Wells (1)

WELL#	API	OPERATOR	PERMITS	DEPTH	LAST_ISSUED
3	42-371-32471	OLSEN ENERGY INC.	1	2,000	1978-02-02