TEAGUE 606 LEASE

Oil · District 7C · Lease #20349

Operator: REDBUD E & P, INC.

Cum Oil

33k BBL

Cum Gas

125k MCF

casinghead

Wells

3

Production

2019-06 — 2026-03

Peak Month

2020-03

Production History

Cum Oil: 33,433 BBL Cum Gas: 124,888 MCF

RRC production reported through Apr 2026 · recent months incomplete

Decline Curve Analysis

qi

1,675 BBL/mo

Di (annual)

91.9%

b-factor

0.3

EUR

31,084 BBL

R-squared

0.704

type

hyperbolic

Operator History (from monthly production reports)

2025-06 — 2026-07 HIBERNIA RESOURCES IV, LLC 14 mo
2020-05 — 2025-05 REDBUD E & P, INC. 61 mo
2019-06 — 2020-04 BANNER OPERATING, LLC 11 mo

Wells (3)

WELL#APIOPERATORPERMITSDEPTHLAST_ISSUED
6HIBERNIA RESOURCES IV, LLC19,0002019-09-30
606HIBERNIA RESOURCES IV, LLC19,0002019-09-30
5HIBERNIA RESOURCES IV, LLC19,0002019-02-26