BAILEY -16-

Oil · District 08 · Lease #37489

Operator: PURE RESOURCES, L.P.

Fields: LOWER HALF (WOLFCAMP)

Cum Oil

41k BBL

Cum Gas

79k MCF

casinghead

Wells

3

Production

2004-12 — 2019-09

Peak Month

2007-12

Production History

Cum Oil: 41,310 BBL Cum Gas: 78,709 MCF

RRC production reported through Apr 2026 · recent months incomplete

Decline Curve Analysis

qi

1,444 BBL/mo

Di (annual)

300.2%

b-factor

1.4

EUR

52,204 BBL

R-squared

0.789

type

hyperbolic

Operator History (from monthly production reports)

2017-03 — 2020-02 INDEPENDENCE RESOURCES MGMT, LLC 36 mo

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

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

2004-12 — 2006-03 PURE RESOURCES, L.P. 16 mo

Wells (3)

WELL#	API	OPERATOR	PERMITS	DEPTH	LAST_ISSUED
7	42-431-32503	P1 ENERGY, LLC	3	8,300	2017-04-19
8	42-431-32522	P1 ENERGY, LLC	3	8,200	2017-04-07
3	42-431-31999	P1 ENERGY, LLC	5	8,300	2017-04-06