< leases

GARRETT TRUST

Oil · District 06 · Lease #12366

Operator: VALENCE OPERATING COMPANY

Fields: YANTIS (HEARD ZONE)

Cum Oil

31k BBL

Cum Gas

355k MCF

casinghead

Wells

1

Production

1993-01 — 2015-09

Peak Month

1995-05

Production History

Cum Oil: 31,065 BBL Cum Gas: 355,312 MCF

RRC production reported through Apr 2026 · recent months incomplete

Decline Curve Analysis

qi

214 BBL/mo

Di (annual)

15.5%

b-factor

0.0

EUR

16,512 BBL

R-squared

0.517

type

exponential

Operator History (from monthly production reports)

1999-05 — 2016-06 VALENCE OPERATING COMPANY 206 mo
1997-04 — 1999-04 KCS MEDALLION RESOURCES, INC. 25 mo
1996-09 — 1997-03 INTERCOAST OIL AND GAS COMPANY 7 mo
1994-07 — 1996-08 MEDALLION PRODUCTION COMPANY 26 mo
1993-01 — 1994-06 UNION OIL COMPANY OF CALIFORNIA 18 mo

Wells (1)

WELL#APIOPERATORPERMITSDEPTHLAST_ISSUED
242-499-31567VALENCE OPERATING COMPANY29,0001987-09-01