MILLARD -B-

Oil · District 08 · Lease #57551

Operator: RING ENERGY, INC.

Cum Oil

764k BBL

Cum Gas

1.6M MCF

casinghead

Wells

12

Production

2022-07 — 2026-04

Peak Month

2023-02

Production History

Cum Oil: 764,469 BBL Cum Gas: 1,574,362 MCF

RRC production reported through Apr 2026 · recent months incomplete

Decline Curve Analysis

qi

27,693 BBL/mo

Di (annual)

97.6%

b-factor

2.0

EUR

3,041,097 BBL

R-squared

0.666

type

hyperbolic

Operator History (from monthly production reports)

2023-08 — 2026-07 RING ENERGY, INC. 36 mo
2022-07 — 2023-07 FOUNDERS OIL & GAS OPERATING,LLC 13 mo

Wells (12)

WELL#APIOPERATORPERMITSDEPTHLAST_ISSUED
117RING ENERGY, INC.18,5002024-03-18
116RING ENERGY, INC.28,5002023-12-28
113RING ENERGY, INC.18,5002022-09-28
111RING ENERGY, INC.18,5002022-09-16
109RING ENERGY, INC.18,5002022-08-10
104RING ENERGY, INC.28,5002022-07-28
1RING ENERGY, INC.48,7002022-07-25
102RING ENERGY, INC.28,5002022-07-25
103RING ENERGY, INC.28,5002022-07-25
101RING ENERGY, INC.28,0002022-06-28
108RING ENERGY, INC.28,5002022-03-25
105RING ENERGY, INC.18,5002022-01-21