NICHOLS

Oil · District 7C · Lease #13544

Operator: VERDAD OIL & GAS CORPORATION

Cum Oil

9k BBL

Cum Gas

11 MCF

casinghead

Wells

2

Production

1993-10 — 2005-02

Peak Month

1993-12

Production History

Cum Oil: 8,636 BBL Cum Gas: 11 MCF

RRC production reported through Apr 2026 · recent months incomplete

Decline Curve Analysis

qi

249 BBL/mo

Di (annual)

36.9%

b-factor

0.1

EUR

8,956 BBL

R-squared

0.957

type

hyperbolic

Operator History (from monthly production reports)

2006-08 — 2010-07 PAINT ROCK OPERATING, LLC 48 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
1993-10 — 2003-08 VERDAD OIL & GAS CORPORATION 119 mo

Wells (2)

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