< leases

UNIVERSITY -26-

Oil · District 08 · Lease #27349

Operator: SHERIDAN PRODUCTION COMPANY, LLC

Fields: SHAFTER LAKE (SAN ANDRES)

Cum Oil

23k BBL

Cum Gas

7k MCF

casinghead

Wells

4

Production

1993-01 — 2015-01

Peak Month

1997-09

Production History

Cum Oil: 22,719 BBL Cum Gas: 7,338 MCF

RRC production reported through Apr 2026 · recent months incomplete

Decline Curve Analysis

qi

145 BBL/mo

Di (annual)

9.3%

b-factor

0.0

EUR

18,504 BBL

R-squared

0.495

type

exponential

Operator History (from monthly production reports)

2025-11 — 2026-07 CRESCENT ENERGY OPERATING, LLC 9 mo
2022-01 — 2025-10 CONTANGO RESOURCES, LLC 46 mo
2021-12 — 2021-12 CONTANGO RESOURCES, INC. 1 mo
2020-04 — 2021-11 FDL OPERATING, LLC 20 mo
2013-02 — 2020-03 SHERIDAN PRODUCTION COMPANY, LLC 86 mo
2012-05 — 2013-01 SANDRIDGE EXPL. AND PROD., LLC 9 mo
1993-01 — 2012-04 PARISH, JOHN R. 232 mo

Wells (4)

WELL#APIOPERATORPERMITSDEPTHLAST_ISSUED
5R42-003-33344CRESCENT ENERGY OPERATING LLC14,9001982-09-29
642-003-33251CRESCENT ENERGY OPERATING LLC14,8001982-06-02
442-003-33190CRESCENT ENERGY OPERATING LLC14,9001982-04-21
242-003-32920CRESCENT ENERGY OPERATING LLC14,9001981-08-25