WALLACE

Oil · District 06 · Lease #14138

Operator: VALENCE OPERATING COMPANY

Cum Oil

56k BBL

Cum Gas

178k MCF

casinghead

Wells

1

Production

2002-01 — 2026-04

Peak Month

2010-03

Production History

Cum Oil: 56,230 BBL Cum Gas: 178,039 MCF

RRC production reported through Apr 2026 · recent months incomplete

Decline Curve Analysis

qi

521 BBL/mo

Di (annual)

11.3%

b-factor

0.0

EUR

55,233 BBL

R-squared

0.780

type

exponential

Operator History (from monthly production reports)

2008-02 — 2026-07 VALENCE OPERATING COMPANY 222 mo
2002-01 — 2008-01 RESERVE MANAGEMENT, INC. 73 mo

Wells (1)

WELL#APIOPERATORPERMITSDEPTHLAST_ISSUED
2VALENCE OPERATING COMPANY27,2002001-10-26