SHUBERT

Oil · District 06 · Lease #15841

Operator: VALENCE OPERATING COMPANY

Cum Oil

211k BBL

Cum Gas

96k MCF

casinghead

Wells

1

Production

2021-10 — 2026-04

Peak Month

2022-04

Production History

Cum Oil: 211,167 BBL Cum Gas: 95,614 MCF

RRC production reported through Apr 2026 · recent months incomplete

Decline Curve Analysis

qi

19,096 BBL/mo

Di (annual)

121.6%

b-factor

0.0

EUR

188,629 BBL

R-squared

0.506

type

exponential

Operator History (from monthly production reports)

2021-10 — 2026-07 VALENCE OPERATING COMPANY 58 mo

Wells (1)

WELL#APIOPERATORPERMITSDEPTHLAST_ISSUED
1HVALENCE OPERATING COMPANY29,4002021-05-06