DANIELS OIL UNIT

Oil · District 06 · Lease #15201

Operator: VALENCE OPERATING COMPANY

Cum Oil

105k BBL

Cum Gas

682k MCF

casinghead

Wells

2

Production

2013-04 — 2021-03

Peak Month

2014-05

Production History

Cum Oil: 105,070 BBL Cum Gas: 682,406 MCF

RRC production reported through Apr 2026 · recent months incomplete

Decline Curve Analysis

qi

5,752 BBL/mo

Di (annual)

106.1%

b-factor

0.1

EUR

72,272 BBL

R-squared

0.926

type

hyperbolic

Operator History (from monthly production reports)

2013-04 — 2026-07 VALENCE OPERATING COMPANY 160 mo

Wells (2)

WELL#APIOPERATORPERMITSDEPTHLAST_ISSUED
1VALENCE OPERATING COMPANY36,8002017-01-10
2VALENCE OPERATING COMPANY29,9002013-06-21