SEALY SMITH FOUNDATION -A-

Oil · District 08 · Lease #51099

Operator: BLACKBEARD OPERATING, LLC

Cum Oil

732k BBL

Cum Gas

7.8M MCF

casinghead

Wells

21

Production

2018-11 — 2026-04

Peak Month

2023-04

Production History

Cum Oil: 732,252 BBL Cum Gas: 7,834,367 MCF

RRC production reported through Apr 2026 · recent months incomplete

Decline Curve Analysis

qi

11,351 BBL/mo

Di (annual)

32.4%

b-factor

1.3

EUR

1,460,208 BBL

R-squared

0.771

type

hyperbolic

Operator History (from monthly production reports)

2018-11 — 2026-07 BLACKBEARD OPERATING, LLC 93 mo

Wells (21)

WELL#APIOPERATORPERMITSDEPTHLAST_ISSUED
168BLACKBEARD OPERATING, LLC17,9992023-01-06
409BLACKBEARD OPERATING, LLC17,9992023-01-06
172BLACKBEARD OPERATING, LLC37,9992022-11-15
357HBLACKBEARD OPERATING, LLC17,9992022-11-15
427BLACKBEARD OPERATING, LLC17,9992022-11-15
165BLACKBEARD OPERATING, LLC39,0002022-05-25
165XBLACKBEARD OPERATING, LLC39,0002022-05-25
183BLACKBEARD OPERATING, LLC29,0002022-02-10
167BLACKBEARD OPERATING, LLC37,0002021-08-12
355HBLACKBEARD OPERATING, LLC19,0002021-05-19
510BLACKBEARD OPERATING, LLC17,0002021-04-29
411BLACKBEARD OPERATING, LLC37,0002020-02-14
411XBLACKBEARD OPERATING, LLC37,0002020-02-14
170BLACKBEARD OPERATING, LLC19,0002019-12-03
171BLACKBEARD OPERATING, LLC27,5002019-05-29
423BLACKBEARD OPERATING, LLC27,0002019-04-24
413BLACKBEARD OPERATING, LLC27,0002019-02-06
146BLACKBEARD OPERATING, LLC27,0002018-12-31
406BLACKBEARD OPERATING, LLC27,0002018-12-31
406XBLACKBEARD OPERATING, LLC27,0002018-12-31
173BLACKBEARD OPERATING, LLC27,0002018-08-21