WHEELER UNIT

Oil · District 05 · Lease #4365

Operator: VALENCE OPERATING COMPANY

Cum Oil

619k BBL

Cum Gas

1.9M MCF

casinghead

Wells

3

Production

2018-02 — 2026-04

Peak Month

2020-04

Production History

Cum Oil: 618,952 BBL Cum Gas: 1,898,086 MCF

RRC production reported through Apr 2026 · recent months incomplete

Decline Curve Analysis

qi

24,525 BBL/mo

Di (annual)

136.5%

b-factor

0.6

EUR

494,524 BBL

R-squared

0.954

type

hyperbolic

Operator History (from monthly production reports)

2018-02 — 2026-07 VALENCE OPERATING COMPANY 102 mo

Wells (3)

WELL#APIOPERATORPERMITSDEPTHLAST_ISSUED
2HVALENCE OPERATING COMPANY18,0002019-04-11
1HVALENCE OPERATING COMPANY216,7252017-09-22
1JCVALENCE OPERATING COMPANY18,0001978-06-26