GARCIA 1

Oil · District 04 · Lease #111

Operator: VARAS ENERGY OPERATING COMPANY,

Cum Oil

137k BBL

Cum Gas

394 MCF

casinghead

Wells

7

Production

1993-01 — 2026-04

Peak Month

1993-01

Production History

Cum Oil: 137,070 BBL Cum Gas: 394 MCF

RRC production reported through Apr 2026 · recent months incomplete

Decline Curve Analysis

qi

825 BBL/mo

Di (annual)

9.3%

b-factor

0.3

EUR

132,547 BBL

R-squared

0.532

type

hyperbolic

Operator History (from monthly production reports)

2025-01 — 2026-07 VARAS ENERGY OPERATING COMPANY, 19 mo
2020-12 — 2024-12 HUGOTON OPERATING COMPANY, INC. 49 mo
2020-01 — 2020-11 BLACKBEARD OPERATING, LLC 11 mo
2015-03 — 2019-12 BLUESTONE NATURAL RES. II, LLC 58 mo
2009-07 — 2015-02 MESTENA OPERATING, L.L.C. 68 mo
2008-11 — 2009-06 MESTENA OPERATING, LTD. 8 mo
1998-09 — 2008-10 RANGE PRODUCTION COMPANY 122 mo
1997-03 — 1998-08 LOMAK PRODUCTION COMPANY 18 mo
1993-01 — 1997-02 COMETRA OIL AND GAS, INC. 50 mo

Wells (7)

WELL#APIOPERATORPERMITSDEPTHLAST_ISSUED
33VARAS ENERGY OPERATING COMPANY,13,0001992-08-19
12VARAS ENERGY OPERATING COMPANY,13,9301991-04-11
16 LVARAS ENERGY OPERATING COMPANY,14,0501978-06-27
16UCVARAS ENERGY OPERATING COMPANY,14,0501978-06-27
2242-047-00842VARAS ENERGY OPERATING COMPANY,------
2442-047-00840VARAS ENERGY OPERATING COMPANY,------
2642-047-00841VARAS ENERGY OPERATING COMPANY,------