UNIVERSITY 14Q

Oil · District 08 · Lease #48394

Operator: RING ENERGY, INC.

Cum Oil

296k BBL

Cum Gas

12k MCF

casinghead

Wells

2

Production

2017-03 — 2024-07

Peak Month

2017-08

Production History

Cum Oil: 296,345 BBL Cum Gas: 12,423 MCF

RRC production reported through Apr 2026 · recent months incomplete

Decline Curve Analysis

qi

18,775 BBL/mo

Di (annual)

828.4%

b-factor

1.8

EUR

610,211 BBL

R-squared

0.895

type

hyperbolic

Operator History (from monthly production reports)

2017-03 — 2025-03 RING ENERGY, INC. 97 mo

Wells (2)

WELL#APIOPERATORPERMITSDEPTHLAST_ISSUED
1HRING ENERGY, INC.24,8002024-08-23
2HRING ENERGY, INC.24,8002024-08-20