PIERCE ESTATES 'J'

Oil · District 03 · Lease #16197

Operator: SHANGHAI ENERGY CORPORATION

Cum Oil

49k BBL

Cum Gas

60k MCF

casinghead

Wells

2

Production

1993-01 — 2003-04

Peak Month

1995-10

Production History

Cum Oil: 48,991 BBL Cum Gas: 60,353 MCF

RRC production reported through Apr 2026 · recent months incomplete

Decline Curve Analysis

qi

711 BBL/mo

Di (annual)

16.3%

b-factor

0.0

EUR

52,272 BBL

R-squared

0.603

type

exponential

Operator History (from monthly production reports)

2001-01 — 2003-07 MCGOWAN WORKING PARTNERS, INC. 31 mo
1994-07 — 2000-12 SHANGHAI ENERGY CORPORATION 78 mo
1993-01 — 1994-06 ARMOUR RESOURCE HOLDINGS, LTD. 18 mo

Wells (2)

WELL#APIOPERATORPERMITSDEPTHLAST_ISSUED
5MCGOWAN WORKING PARTNERS, INC.26,4001983-09-30
2MCGOWAN WORKING PARTNERS, INC.16,8001983-01-26