UNIVERSITY 27

Oil · District 08 · Lease #49442

Operator: CHOLLA PETROLEUM, INC.

Fields: BLOCK 12

Cum Oil

10k BBL

Cum Gas

1k MCF

casinghead

Wells

1

Production

2018-01 — 2026-04

Peak Month

2020-02

Production History

Cum Oil: 9,726 BBL Cum Gas: 1,446 MCF

RRC production reported through Apr 2026 · recent months incomplete

Decline Curve Analysis

qi

179 BBL/mo

Di (annual)

50.2%

b-factor

0.9

EUR

12,709 BBL

R-squared

0.463

type

hyperbolic

Operator History (from monthly production reports)

2021-09 — 2026-07 BURGUNDY OIL & GAS, INC. 59 mo
2018-10 — 2021-08 CHOLLA PETROLEUM, INC. 35 mo
2018-01 — 2018-09 BROWNING OIL COMPANY, INC. 9 mo

Wells (1)

WELL#APIOPERATORPERMITSDEPTHLAST_ISSUED
1BURGUNDY OIL & GAS, INC.38,7002018-02-02