UNIVERSITY -25-

Oil · District 08 · Lease #27983

Operator: T2 OPERATING CORPORATION

Cum Oil

237k BBL

Cum Gas

1.3M MCF

casinghead

Wells

5

Production

1993-01 — 2024-06

Peak Month

1993-01

Production History

Cum Oil: 236,921 BBL Cum Gas: 1,262,187 MCF

RRC production reported through Apr 2026 · recent months incomplete

Decline Curve Analysis

qi

1,374 BBL/mo

Di (annual)

6.7%

b-factor

0.0

EUR

237,275 BBL

R-squared

0.419

type

exponential

Operator History (from monthly production reports)

2025-08 — 2026-07 R3 OPERATING CORPORATION 12 mo
2025-04 — 2025-07 T2 OPERATING CORPORATION 4 mo
2023-02 — 2025-03 BOAZ ENERGY II OPERATING, LLC 26 mo
2021-05 — 2023-01 NITRO OIL & GAS, LLC 21 mo
2014-08 — 2021-04 RAMTEX ENERGY LLC 81 mo
2003-11 — 2014-07 CHAPARRAL ENERGY, L.L.C. 129 mo
1993-01 — 2003-10 BRECK OPERATING CORP. 130 mo

Wells (5)

WELL#APIOPERATORPERMITSDEPTHLAST_ISSUED
1R3 OPERATING CORPORATION412,5002024-07-26
3R3 OPERATING CORPORATION412,4002011-11-14
5BOAZ ENERGY II OPERATING, LLC312,4002001-05-09
4BOAZ ENERGY II OPERATING, LLC311,4001999-01-22
2MOBIL PRODUCING TX. & N.M. INC.212,5001988-03-21