MINERVA

Oil · District 08 · Lease #48972

Operator: RING ENERGY, INC.

Cum Oil

18k BBL

Cum Gas

8k MCF

casinghead

Wells

1

Production

2017-06 — 2019-04

Peak Month

2018-03

Production History

Cum Oil: 17,962 BBL Cum Gas: 8,136 MCF

RRC production reported through Apr 2026 · recent months incomplete

Decline Curve Analysis

qi

2,227 BBL/mo

Di (annual)

309.7%

b-factor

0.0

EUR

8,673 BBL

R-squared

0.932

type

exponential

Operator History (from monthly production reports)

2017-06 — 2026-07 RING ENERGY, INC. 110 mo

Wells (1)

WELL#APIOPERATORPERMITSDEPTHLAST_ISSUED
1HRING ENERGY INC.14,9002017-03-08