RUST 24

Oil · District 08 · Lease #54505

Operator: SADDLEBACK EXPLORATION, LLC

Cum Oil

424k BBL

Cum Gas

1.3M MCF

casinghead

Wells

2

Production

2019-08 — 2026-04

Peak Month

2020-01

Production History

Cum Oil: 424,433 BBL Cum Gas: 1,296,115 MCF

RRC production reported through Apr 2026 · recent months incomplete

Decline Curve Analysis

qi

12,256 BBL/mo

Di (annual)

106.7%

b-factor

1.6

EUR

992,965 BBL

R-squared

0.872

type

hyperbolic

Operator History (from monthly production reports)

2024-05 — 2026-07 FORMENTERA OPERATIONS LLC 27 mo
2021-08 — 2024-04 SADDLEBACK EXPLORATION, LLC 33 mo
2019-08 — 2021-07 BOYD & MCWILLIAMS OPERATING, LLC 24 mo

Wells (2)

WELL#APIOPERATORPERMITSDEPTHLAST_ISSUED
2HFORMENTERA OPERATIONS LLC18,1002019-07-08
1HFORMENTERA OPERATIONS LLC27,9002018-12-10