UNIVERSITY 1-25

Oil · District 08 · Lease #49415

Operator: TRACE NATURAL RESOURCES LLC

Cum Oil

2k BBL

Cum Gas

17k MCF

casinghead

Wells

1

Production

2017-12 — 2019-06

Peak Month

2018-04

Production History

Cum Oil: 2,001 BBL Cum Gas: 16,590 MCF

RRC production reported through Apr 2026 · recent months incomplete

Decline Curve Analysis

qi

492 BBL/mo

Di (annual)

916.7%

b-factor

0.0

EUR

675 BBL

R-squared

0.722

type

exponential

Operator History (from monthly production reports)

2021-11 — 2026-07 Q NATURAL RESOURCES, LLC 57 mo
2020-12 — 2021-10 TRACE NATURAL RESOURCES LLC 11 mo
2017-12 — 2020-11 ELEVATION RESOURCES LLC 36 mo

Wells (1)

WELL#APIOPERATORPERMITSDEPTHLAST_ISSUED
1ELEVATION RESOURCES LLC211,5002012-11-20