BAILEY -32-

Oil · District 08 · Lease #53561

Operator: P1 ENERGY, LLC

Cum Oil

9k BBL

Cum Gas

101k MCF

casinghead

Wells

17

Production

2019-10 — 2026-03

Peak Month

2020-12

Production History

Cum Oil: 9,090 BBL Cum Gas: 101,278 MCF

RRC production reported through Apr 2026 · recent months incomplete

Decline Curve Analysis

qi

217 BBL/mo

Di (annual)

62.5%

b-factor

0.0

EUR

4,152 BBL

R-squared

0.697

type

exponential

Operator History (from monthly production reports)

2023-01 — 2026-07 P1 ENERGY, LLC 43 mo
2021-04 — 2022-12 EARTHSTONE OPERATING, LLC 21 mo
2019-10 — 2021-03 INDEPENDENCE RESOURCES MGMT, LLC 18 mo

Wells (17)

WELL#APIOPERATORPERMITSDEPTHLAST_ISSUED
1SP1 ENERGY, LLC36,0002020-04-08
16P1 ENERGY, LLC28,0002007-12-03
A 1P1 ENERGY, LLC39,0002007-11-28
5P1 ENERGY, LLC38,5002006-07-17
7P1 ENERGY, LLC48,2002006-07-17
2P1 ENERGY, LLC48,2002005-03-16
8P1 ENERGY, LLC28,4002005-03-16
3P1 ENERGY, LLC28,0002004-07-09
6P1 ENERGY, LLC28,4002004-07-09
14P1 ENERGY, LLC18,0001992-10-15
15P1 ENERGY, LLC18,0001992-10-08
12P1 ENERGY, LLC18,0001992-07-17
11P1 ENERGY, LLC18,0001992-07-15
10P1 ENERGY, LLC18,0001992-07-09
9P1 ENERGY, LLC18,4001992-05-20
4P1 ENERGY, LLC18,2001989-03-16
1P1 ENERGY, LLC18,2001987-07-23