< leases

BAILEY

Oil · District 08 · Lease #32231

Operator: WAGNER & BROWN, LTD.

Fields: NORTHERN LIGHTS (STRAWN)

Cum Oil

7k BBL

Cum Gas

33k MCF

casinghead

Wells

2

Production

1993-01 — 1998-06

Peak Month

1993-07

Production History

Cum Oil: 7,189 BBL Cum Gas: 32,570 MCF

RRC production reported through Apr 2026 · recent months incomplete

Decline Curve Analysis

qi

165 BBL/mo

Di (annual)

18.8%

b-factor

0.0

EUR

10,463 BBL

R-squared

0.372

type

exponential

Operator History (from monthly production reports)

2022-01 — 2026-07 BURK ROYALTY CO., LTD. 55 mo
2021-01 — 2021-12 SLANT OPERATING, LLC 12 mo
2018-07 — 2020-12 STANOLIND PRODUCTION LLC 30 mo
2014-08 — 2018-06 EQT PRODUCTION TEXAS, LLC 47 mo
2004-01 — 2014-07 RANGE PRODUCTION COMPANY 127 mo
1993-01 — 2003-12 WAGNER & BROWN, LTD. 132 mo

Wells (2)

WELL#APIOPERATORPERMITSDEPTHLAST_ISSUED
20642-431-31980BURK ROYALTY CO., LTD.39,2501998-07-28
306A42-431-32036BURK ROYALTY CO., LTD.29,2501991-11-07