CANDYGRAM FOR MONGO UNIT 49-50

Oil · District 8A · Lease #70735

Operator: ELEMENT PETROLEUM OP III, LLC

Cum Oil

37k BBL

Cum Gas

39k MCF

casinghead

Wells

1

Production

2017-08 — 2020-05

Peak Month

2017-11

Production History

Cum Oil: 37,415 BBL Cum Gas: 39,192 MCF

RRC production reported through Apr 2026 · recent months incomplete

Decline Curve Analysis

qi

5,530 BBL/mo

Di (annual)

320.5%

b-factor

0.5

EUR

40,983 BBL

R-squared

0.874

type

hyperbolic

Operator History (from monthly production reports)

2019-09 — 2020-11 DELRAY OIL, INC. 15 mo
2017-08 — 2019-08 ELEMENT PETROLEUM OP III, LLC 25 mo

Wells (1)

WELL#APIOPERATORPERMITSDEPTHLAST_ISSUED
2HDELRAY OIL INC.26,2002016-09-22