SCHARBAUER C

Oil · District 08 · Lease #53379

Operator: RING ENERGY, INC.

Cum Oil

215k BBL

Cum Gas

79k MCF

casinghead

Wells

1

Production

2019-12 — 2026-04

Peak Month

2020-03

Production History

Cum Oil: 215,417 BBL Cum Gas: 79,455 MCF

RRC production reported through Apr 2026 · recent months incomplete

Decline Curve Analysis

qi

5,018 BBL/mo

Di (annual)

22.5%

b-factor

0.0

EUR

267,055 BBL

R-squared

0.796

type

exponential

Operator History (from monthly production reports)

2023-08 — 2026-07 RING ENERGY, INC. 36 mo
2019-12 — 2023-07 FOUNDERS OIL & GAS OPERATING,LLC 44 mo

Wells (1)

WELL#APIOPERATORPERMITSDEPTHLAST_ISSUED
101RING ENERGY, INC.111,2002019-05-28