UNIVERSITY 1-27

Oil · District 08 · Lease #49414

Operator: TRACE NATURAL RESOURCES LLC

Cum Oil

3k BBL

Cum Gas

50k MCF

casinghead

Wells

1

Production

2017-12 — 2026-04

Peak Month

2018-09

Production History

Cum Oil: 3,412 BBL Cum Gas: 49,861 MCF

RRC production reported through Apr 2026 · recent months incomplete

Decline Curve Analysis

qi

93 BBL/mo

Di (annual)

53.8%

b-factor

0.0

EUR

2,050 BBL

R-squared

0.482

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
2017-12 — 2020-11 ELEVATION RESOURCES LLC 36 mo

Wells (1)

WELL#APIOPERATORPERMITSDEPTHLAST_ISSUED
1Q NATURAL RESOURCES, LLC111,5002011-07-28