PHOENIX STATE

Oil · District 08 · Lease #50540

Operator: RING ENERGY, INC.

Cum Oil

44k BBL

Cum Gas

694k MCF

casinghead

Wells

2

Production

2018-03 — 2022-03

Peak Month

2019-08

Production History

Cum Oil: 43,808 BBL Cum Gas: 693,904 MCF

RRC production reported through Apr 2026 · recent months incomplete

Decline Curve Analysis

qi

2,525 BBL/mo

Di (annual)

76.4%

b-factor

0.1

EUR

44,072 BBL

R-squared

0.606

type

hyperbolic

Operator History (from monthly production reports)

2026-05 — 2026-07 ECHO ENERGY PARTNERS, LLC 3 mo
2023-03 — 2026-04 ANTELOPE ENERGY PARTNERS, LLC 38 mo
2018-03 — 2023-02 RING ENERGY, INC. 60 mo

Wells (2)

WELL#APIOPERATORPERMITSDEPTHLAST_ISSUED
1HECHO ENERGY PARTNERS LLC16,0702018-02-05
2HECHO ENERGY PARTNERS LLC16,0702018-02-02