SOUTHERN STATES

Oil · District 02 · Lease #10806

Operator: WELDER EXPLORATION & PROD., INC.

Cum Oil

33k BBL

Cum Gas

39k MCF

casinghead

Wells

1

Production

2014-01 — 2026-03

Peak Month

2014-05

Production History

Cum Oil: 33,346 BBL Cum Gas: 38,531 MCF

RRC production reported through Apr 2026 · recent months incomplete

Decline Curve Analysis

qi

1,554 BBL/mo

Di (annual)

406.4%

b-factor

1.1

EUR

29,223 BBL

R-squared

0.789

type

hyperbolic

Operator History (from monthly production reports)

2022-06 — 2026-07 PALEO OIL COMPANY LLC 50 mo
2014-01 — 2022-05 WELDER EXPLORATION & PROD., INC. 101 mo

Wells (1)

WELL#APIOPERATORPERMITSDEPTHLAST_ISSUED
2RPALEO OIL COMPANY LLC26,5002013-10-03