"GATEWAY"

Oil · District 7C · Lease #17695

Operator: PETX OPERATING LLC

Cum Oil

246k BBL

Cum Gas

2.0M MCF

casinghead

Wells

7

Production

2011-12 — 2026-04

Peak Month

2014-11

Production History

Cum Oil: 246,195 BBL Cum Gas: 1,988,508 MCF

RRC production reported through Apr 2026 · recent months incomplete

Decline Curve Analysis

qi

4,033 BBL/mo

Di (annual)

25.1%

b-factor

0.2

EUR

239,477 BBL

R-squared

0.701

type

hyperbolic

Operator History (from monthly production reports)

2025-06 — 2026-07 PETX OPERATING LLC 14 mo
2023-06 — 2025-05 IRON ORCHARD OPERATING LLC 24 mo
2011-12 — 2023-05 OSBORN HEIRS COMPANY 138 mo

Wells (7)

WELL#APIOPERATORPERMITSDEPTHLAST_ISSUED
7PETX OPERATING LLC110,5002014-09-26
6PETX OPERATING LLC111,0002014-04-23
5PETX OPERATING LLC19,8002013-10-03
4PETX OPERATING LLC111,2002012-12-07
3PETX OPERATING LLC211,2002012-07-18
2PETX OPERATING LLC111,2002012-02-21
1PETX OPERATING LLC211,2002011-08-26