UNIVERSITY 47

Oil · District 08 · Lease #28388

Operator: STEVENS, TERRY N. INC.

Cum Oil

222k BBL

Cum Gas

132k MCF

casinghead

Wells

20

Production

1993-01 — 2026-04

Peak Month

2007-10

Production History

Cum Oil: 221,678 BBL Cum Gas: 131,888 MCF

RRC production reported through Apr 2026 · recent months incomplete

Decline Curve Analysis

qi

1,778 BBL/mo

Di (annual)

16.7%

b-factor

0.0

EUR

127,563 BBL

R-squared

0.515

type

exponential

Operator History (from monthly production reports)

2021-08 — 2026-07 MONTARE OPERATING, LTD. 60 mo
2018-11 — 2021-07 AVALON TX OPERATING, LLC 33 mo
2010-08 — 2018-10 SANDRIDGE EXPL. AND PROD., LLC 99 mo
2004-12 — 2010-07 OK ARENA OPERATING COMPANY 68 mo
1995-04 — 2004-11 STEVENS, TERRY N. INC. 116 mo
1993-05 — 1995-03 KIDD OIL & GAS, LC 23 mo
1993-01 — 1993-04 KIDD, BARRON ULMER 4 mo

Wells (20)

WELL#APIOPERATORPERMITSDEPTHLAST_ISSUED
26MONTARE OPERATING, LTD.15,2002014-09-16
27MONTARE OPERATING, LTD.15,2002014-09-16
2MONTARE OPERATING, LTD.15,2002014-07-18
4MONTARE OPERATING, LTD.15,2002014-02-19
25MONTARE OPERATING, LTD.15,2002014-01-09
17MONTARE OPERATING, LTD.14,9002010-04-01
18MONTARE OPERATING, LTD.14,9002010-04-01
10MONTARE OPERATING, LTD.24,9002010-03-02
14MONTARE OPERATING, LTD.14,9002010-02-24
15MONTARE OPERATING, LTD.14,9002010-02-24
13MONTARE OPERATING, LTD.14,9002010-02-22
11MONTARE OPERATING, LTD.14,9002007-06-04
12MONTARE OPERATING, LTD.14,9002007-06-04
8MONTARE OPERATING, LTD.14,9002007-06-04
9MONTARE OPERATING, LTD.14,9002007-06-04
7MONTARE OPERATING, LTD.14,9002007-01-17
5MONTARE OPERATING, LTD.14,9002006-10-26
6MONTARE OPERATING, LTD.15,0001984-10-15
3MONTARE OPERATING, LTD.15,0001983-10-06
1MONTARE OPERATING, LTD.15,0001983-08-05