WADDELL TR I

Oil · District 08 · Lease #59892

Operator: BLACKBEARD OPERATING, LLC

Cum Oil

13k BBL

Cum Gas

7k MCF

casinghead

Wells

1

Production

2021-11 — 2026-04

Peak Month

2022-05

Production History

Cum Oil: 13,079 BBL Cum Gas: 7,161 MCF

RRC production reported through Apr 2026 · recent months incomplete

Decline Curve Analysis

qi

407 BBL/mo

Di (annual)

41.9%

b-factor

0.5

EUR

21,244 BBL

R-squared

0.633

type

hyperbolic

Operator History (from monthly production reports)

2021-11 — 2026-07 BLACKBEARD OPERATING, LLC 56 mo

Wells (1)

WELL#APIOPERATORPERMITSDEPTHLAST_ISSUED
3754BLACKBEARD OPERATING, LLC39,0002023-08-21