CRAVEN, P.L.

Oil · District 08 · Lease #43797

Operator: P1 ENERGY, LLC

Fields: SPRABERRY (TREND AREA)

Cum Oil

69k BBL

Cum Gas

400k MCF

casinghead

Wells

4

Production

2013-04 — 2026-03

Peak Month

2014-07

Production History

Cum Oil: 69,185 BBL Cum Gas: 400,220 MCF

RRC production reported through Apr 2026 · recent months incomplete

Decline Curve Analysis

qi

610 BBL/mo

Di (annual)

13.0%

b-factor

0.0

EUR

56,421 BBL

R-squared

0.314

type

exponential

Operator History (from monthly production reports)

2023-01 — 2026-07 P1 ENERGY, LLC 43 mo

2021-04 — 2022-12 EARTHSTONE OPERATING, LLC 21 mo

2018-11 — 2021-03 INDEPENDENCE RESOURCES MGMT, LLC 29 mo

2013-12 — 2018-10 HUNT OIL COMPANY 59 mo

2013-04 — 2013-11 MERIT ENERGY COMPANY 8 mo

Wells (4)

WELL#	API	OPERATOR	PERMITS	DEPTH	LAST_ISSUED
1	42-173-31099	P1 ENERGY, LLC	3	8,800	2014-05-02
2	42-173-31297	P1 ENERGY, LLC	2	8,800	2014-04-05
3	42-173-35535	P1 ENERGY, LLC	1	10,500	2013-01-07
4	42-173-35536	P1 ENERGY, LLC	1	10,500	2013-01-07