UNIVERSITY 1-21

Oil · District 08 · Lease #43019

Operator: TRACE NATURAL RESOURCES LLC

Cum Oil

19k BBL

Cum Gas

247k MCF

casinghead

Wells

1

Production

2013-07 — 2026-04

Peak Month

2019-09

Production History

Cum Oil: 18,710 BBL Cum Gas: 247,476 MCF

RRC production reported through Apr 2026 · recent months incomplete

Decline Curve Analysis

qi

471 BBL/mo

Di (annual)

31.0%

b-factor

0.0

EUR

18,173 BBL

R-squared

0.410

type

exponential

Operator History (from monthly production reports)

2021-04 — 2026-07 Q NATURAL RESOURCES, LLC 64 mo
2020-12 — 2021-03 TRACE NATURAL RESOURCES LLC 4 mo
2013-10 — 2020-11 ELEVATION RESOURCES LLC 86 mo
2013-07 — 2013-09 SAMSON LONE STAR, LLC 3 mo

Wells (1)

WELL#APIOPERATORPERMITSDEPTHLAST_ISSUED
1Q NATURAL RESOURCES, LLC211,5002012-11-20