GRAY 2 OIL UNIT

Oil · District 06 · Lease #15220

Operator: VALENCE OPERATING COMPANY

Cum Oil

9k BBL

Cum Gas

261k MCF

casinghead

Wells

1

Production

2012-09 — 2026-04

Peak Month

2013-05

Production History

Cum Oil: 9,482 BBL Cum Gas: 261,129 MCF

RRC production reported through Apr 2026 · recent months incomplete

Decline Curve Analysis

qi

233 BBL/mo

Di (annual)

52.7%

b-factor

0.7

EUR

12,741 BBL

R-squared

0.631

type

hyperbolic

Operator History (from monthly production reports)

2012-09 — 2026-07 VALENCE OPERATING COMPANY 167 mo

Wells (1)

WELL#APIOPERATORPERMITSDEPTHLAST_ISSUED
2VALENCE OPERATING COMPANY19,0002011-10-14