UNIVERSITY 39

Oil · District 08 · Lease #40736

Operator: PIEDRA OPERATING, LLC

Fields: SPRABERRY (TREND AREA)

Cum Oil

55k BBL

Cum Gas

73k MCF

casinghead

Wells

1

Production

2011-01 — 2022-11

Peak Month

2011-03

Production History

Cum Oil: 55,167 BBL Cum Gas: 72,675 MCF

RRC production reported through Apr 2026 · recent months incomplete

Decline Curve Analysis

qi

1,040 BBL/mo

Di (annual)

27.1%

b-factor

0.2

EUR

57,159 BBL

R-squared

0.650

type

hyperbolic

Operator History (from monthly production reports)

2023-06 — 2026-07 OVINTIV USA INC. 38 mo

2014-10 — 2023-05 PIEDRA OPERATING, LLC 104 mo

2011-01 — 2014-09 BOPCO, L.P. 45 mo

Wells (1)

WELL#	API	OPERATOR	PERMITS	DEPTH	LAST_ISSUED
1	42-003-39027	BOPCO L.P.	2	13,000	2010-09-14