SCHARBAUER C NW

Oil · District 08 · Lease #58703

Operator: RING ENERGY, INC.

Cum Oil

399k BBL

Cum Gas

826k MCF

casinghead

Wells

6

Production

2022-11 — 2026-04

Peak Month

2024-03

Production History

Cum Oil: 398,568 BBL Cum Gas: 826,232 MCF

RRC production reported through Apr 2026 · recent months incomplete

Decline Curve Analysis

qi

12,800 BBL/mo

Di (annual)

21.2%

b-factor

0.0

EUR

723,384 BBL

R-squared

0.439

type

exponential

Operator History (from monthly production reports)

2023-08 — 2026-07 RING ENERGY, INC. 36 mo
2022-11 — 2023-07 FOUNDERS OIL & GAS OPERATING,LLC 9 mo

Wells (6)

WELL#APIOPERATORPERMITSDEPTHLAST_ISSUED
105RING ENERGY, INC.38,5002024-11-15
103RING ENERGY, INC.18,5002023-12-07
102RING ENERGY, INC.28,5002022-09-19
104RING ENERGY, INC.28,5002022-08-10
101RING ENERGY, INC.28,5002022-07-18
106RING ENERGY, INC.18,5002021-12-29