NICHOLS

Oil · District 7C · Lease #13425

Operator: VERDAD OIL & GAS CORPORATION

Cum Oil

3k BBL

Cum Gas

11 MCF

casinghead

Wells

2

Production

1993-02 — 1994-07

Peak Month

1993-04

Production History

Cum Oil: 3,170 BBL Cum Gas: 11 MCF

RRC production reported through Apr 2026 · recent months incomplete

Decline Curve Analysis

qi

524 BBL/mo

Di (annual)

532.5%

b-factor

2.0

EUR

26,137 BBL

R-squared

0.761

type

hyperbolic

Operator History (from monthly production reports)

2006-08 — 2008-03 PAINT ROCK OPERATING, LLC 20 mo
2006-03 — 2006-07 G E OPERATING, INC. 5 mo
2005-03 — 2006-02 IPACT 12 mo
2003-09 — 2005-02 NEWTON CORP.,THE 18 mo
1993-02 — 2003-08 VERDAD OIL & GAS CORPORATION 127 mo

Wells (2)

WELL#APIOPERATORPERMITSDEPTHLAST_ISSUED
1PAINT ROCK OPERATING LLC23,9001993-10-18
1CPAINT ROCK OPERATING LLC23,9001993-10-18