UNIVERSITY LANDS 8-3

Oil · District 08 · Lease #44478

Operator: PIEDRA OPERATING, LLC

Cum Oil

36k BBL

Cum Gas

80k MCF

casinghead

Wells

1

Production

2013-06 — 2025-01

Peak Month

2014-01

Production History

Cum Oil: 36,422 BBL Cum Gas: 80,277 MCF

RRC production reported through Apr 2026 · recent months incomplete

Decline Curve Analysis

qi

2,032 BBL/mo

Di (annual)

161.0%

b-factor

0.5

EUR

29,583 BBL

R-squared

0.815

type

hyperbolic

Operator History (from monthly production reports)

2025-03 — 2026-07 AVID ENERGY ASSETS LLC 17 mo
2023-06 — 2025-02 OVINTIV USA INC. 21 mo
2018-02 — 2023-05 PIEDRA OPERATING, LLC 64 mo
2015-02 — 2018-01 ENCANA OIL & GAS(USA) INC. 36 mo
2014-01 — 2015-01 ATHLON HOLDINGS LP 13 mo
2013-06 — 2013-12 ATHLON ENERGY OPERATING LLC 7 mo

Wells (1)

WELL#APIOPERATORPERMITSDEPTHLAST_ISSUED
3AVID ENERGY ASSETS LLC312,0052011-06-14