SHEPHERD

Oil · District 09 · Lease #24855

Operator: PRECISE DEVELOPMENT, INC.

Cum Oil

7k BBL

Cum Gas

1k MCF

casinghead

Wells

1

Production

1993-01 — 1997-01

Peak Month

1993-01

Production History

Cum Oil: 6,996 BBL Cum Gas: 1,088 MCF

RRC production reported through Apr 2026 · recent months incomplete

Decline Curve Analysis

qi

603 BBL/mo

Di (annual)

152.4%

b-factor

0.4

EUR

7,755 BBL

R-squared

0.965

type

hyperbolic

Operator History (from monthly production reports)

1995-12 — 2003-08 PRECISE DEVELOPMENT, INC. 93 mo
1994-11 — 1995-11 FITTS, B.K. OIL & GAS 13 mo
1993-01 — 1994-10 BURNS OPERATING 22 mo

Wells (1)

WELL#APIOPERATORPERMITSDEPTHLAST_ISSUED
3PRECISE DEVELOPMENT INC.16,2781981-11-24