SCHARBAUER C NW

Oil · District 08 · Lease #56434

Operator: RING ENERGY, INC.

Cum Oil

125k BBL

Cum Gas

110k MCF

casinghead

Wells

3

Production

2021-10 — 2024-11

Peak Month

2022-07

Production History

Cum Oil: 125,152 BBL Cum Gas: 110,334 MCF

RRC production reported through Apr 2026 · recent months incomplete

Decline Curve Analysis

qi

12,253 BBL/mo

Di (annual)

554.3%

b-factor

1.0

EUR

149,754 BBL

R-squared

0.928

type

hyperbolic

Operator History (from monthly production reports)

2023-08 — 2025-09 RING ENERGY, INC. 26 mo
2021-10 — 2023-07 FOUNDERS OIL & GAS OPERATING,LLC 22 mo

Wells (3)

WELL#APIOPERATORPERMITSDEPTHLAST_ISSUED
105RING ENERGY, INC.38,5002024-11-15
102RING ENERGY, INC.28,5002022-09-19
104RING ENERGY, INC.28,5002022-08-10