MCCULLOUGH, J.

Oil · District 7B · Lease #17469

Operator: GBG OPERATING CORP.

Cum Oil

52k BBL

Cum Gas

19 MCF

casinghead

Wells

2

Production

1993-01 — 2014-01

Peak Month

1998-05

Production History

Cum Oil: 51,617 BBL Cum Gas: 19 MCF

RRC production reported through Apr 2026 · recent months incomplete

Decline Curve Analysis

qi

330 BBL/mo

Di (annual)

11.8%

b-factor

0.0

EUR

33,552 BBL

R-squared

0.730

type

exponential

Operator History (from monthly production reports)

1998-10 — 2014-07 BUD OIL, INC. 190 mo
1993-01 — 1998-09 GBG OPERATING CORP. 69 mo

Wells (2)

WELL#APIOPERATORPERMITSDEPTHLAST_ISSUED
2BUD OIL INC.12,8501982-04-30
1BUD OIL INC.12,9501981-06-16