UNIVERSITY 14Q

Oil · District 08 · Lease #61524

Operator: RING ENERGY, INC.

Cum Oil

31k BBL

Cum Gas

21k MCF

casinghead

Wells

2

Production

2024-08 — 2026-04

Peak Month

2024-10

Production History

Cum Oil: 30,762 BBL Cum Gas: 21,150 MCF

RRC production reported through Apr 2026 · recent months incomplete

Decline Curve Analysis

qi

1,676 BBL/mo

Di (annual)

17.8%

b-factor

0.0

EUR

113,039 BBL

R-squared

0.339

type

exponential

Operator History (from monthly production reports)

2024-08 — 2026-07 RING ENERGY, INC. 24 mo

Wells (2)

WELL#APIOPERATORPERMITSDEPTHLAST_ISSUED
1HRING ENERGY, INC.24,8002024-08-23
2HRING ENERGY, INC.24,8002024-08-20