GLOSSUP-BOWLING OIL UNIT

Oil · District 05 · Lease #1941

Operator: VALENCE OPERATING COMPANY

Cum Oil

296k BBL

Cum Gas

12k MCF

casinghead

Wells

3

Production

1993-01 — 2026-04

Peak Month

1995-07

Production History

Cum Oil: 296,368 BBL Cum Gas: 12,429 MCF

RRC production reported through Apr 2026 · recent months incomplete

Decline Curve Analysis

qi

2,147 BBL/mo

Di (annual)

23.4%

b-factor

1.1

EUR

297,700 BBL

R-squared

0.778

type

hyperbolic

Operator History (from monthly production reports)

2011-12 — 2026-07 VALENCE OPERATING COMPANY 176 mo
1993-01 — 2011-11 SPENCE, RALPH OIL COMPANY, INC. 227 mo

Wells (3)

WELL#APIOPERATORPERMITSDEPTHLAST_ISSUED
1HVALENCE OPERATING COMPANY14,8352013-08-02
1VALENCE OPERATING COMPANY14,8111986-02-24
R 142-223-30073VALENCE OPERATING COMPANY------