KERN TRUST

Oil · District 03 · Lease #21451

Operator: UNION PACIFIC RESOURCES COMPANY

Fields: GIDDINGS (AUSTIN CHALK-3)

Cum Oil

42k BBL

Cum Gas

1.1M MCF

casinghead

Wells

1

Production

1993-01 — 2024-04

Peak Month

1993-03

Production History

Cum Oil: 42,446 BBL Cum Gas: 1,136,745 MCF

RRC production reported through Apr 2026 · recent months incomplete

Decline Curve Analysis

qi

1,249 BBL/mo

Di (annual)

62.2%

b-factor

0.4

EUR

39,324 BBL

R-squared

0.790

type

hyperbolic

Operator History (from monthly production reports)

2025-06 — 2026-07 REDBUD E & P, INC. 14 mo

2019-08 — 2025-05 INEOS USA OIL & GAS LLC 70 mo

2017-09 — 2019-07 CRAWFORD HUGHES OPERATING CO. 23 mo

2007-08 — 2017-08 ENERVEST OPERATING, L.L.C. 121 mo

2002-12 — 2007-07 ANADARKO E&P COMPANY LP 56 mo

2001-02 — 2002-11 RME PETROLEUM COMPANY 22 mo

1996-07 — 2001-01 UNION PACIFIC RESOURCES COMPANY 55 mo

1993-01 — 1996-06 TORCH OPERATING COMPANY 42 mo

Wells (1)

WELL#	API	OPERATOR	PERMITS	DEPTH	LAST_ISSUED
1 H	42-149-32556	REDBUD E & P INC.	1	13,500	1991-12-11