BAILEY -32-

Oil · District 08 · Lease #37485

Operator: PURE RESOURCES, L.P.

Fields: LOWER HALF (WOLFCAMP)

Cum Oil

115k BBL

Cum Gas

294k MCF

casinghead

Wells

8

Production

2004-08 — 2019-09

Peak Month

2006-11

Production History

Cum Oil: 115,009 BBL Cum Gas: 294,101 MCF

RRC production reported through Apr 2026 · recent months incomplete

Decline Curve Analysis

qi

1,805 BBL/mo

Di (annual)

20.3%

b-factor

0.0

EUR

106,690 BBL

R-squared

0.730

type

exponential

Operator History (from monthly production reports)

2017-03 — 2020-06 INDEPENDENCE RESOURCES MGMT, LLC 40 mo

2016-08 — 2017-02 OWN RESOURCES OPERATING, LLC 7 mo

2006-04 — 2016-07 CHEVRON MIDCONTINENT, L.P. 124 mo

2004-08 — 2006-03 PURE RESOURCES, L.P. 20 mo

Wells (8)

WELL#	API	OPERATOR	PERMITS	DEPTH	LAST_ISSUED
16	42-431-32573	P1 ENERGY, LLC	2	8,000	2007-12-03
A 1	42-431-32528	P1 ENERGY, LLC	3	9,000	2007-11-28
5	42-431-32103	P1 ENERGY, LLC	3	8,500	2006-07-17
7	42-431-32248	P1 ENERGY, LLC	4	8,200	2006-07-17
2	42-431-31878	P1 ENERGY, LLC	4	8,200	2005-03-16
8	42-431-32269	P1 ENERGY, LLC	2	8,400	2005-03-16
3	42-431-31903	P1 ENERGY, LLC	2	8,000	2004-07-09
6	42-431-32170	P1 ENERGY, LLC	2	8,400	2004-07-09