MATTHEWS 23

Oil · District 7B · Lease #32731

Operator: SUBSEA OPERATING CO.

Cum Oil

41k BBL

Cum Gas

0 MCF

Wells

8

Production

2023-12 — 2026-03

Peak Month

2025-07

Production History

Cum Oil: 40,707 BBL Cum Gas: 0 MCF

RRC production reported through Apr 2026 · recent months incomplete

Decline Curve Analysis

qi

2,002 BBL/mo

Di (annual)

76.7%

b-factor

2.0

EUR

244,757 BBL

R-squared

0.847

type

hyperbolic

Operator History (from monthly production reports)

2023-12 — 2026-07 SUBSEA OPERATING CO. 32 mo

Wells (8)

WELL#APIOPERATORPERMITSDEPTHLAST_ISSUED
6RSUBSEA OPERATING CO.11,7002025-04-16
5SUBSEA OPERATING CO.11,7002025-04-03
4SUBSEA OPERATING CO.11,7002024-07-11
3SUBSEA OPERATING CO.11,7002024-05-14
2SUBSEA OPERATING CO.11,7002023-10-23
1SUBSEA OPERATING CO.21,7002022-11-16
9SUBSEA OPERATING CO.11,7002021-11-22
D 9SUBSEA OPERATING CO.11,7002021-11-22