UNIVERSITY

Oil · District 7C · Lease #7954

Operator: L & M OPERATING, INC.

Cum Oil

72k BBL

Cum Gas

88k MCF

casinghead

Wells

4

Production

1993-01 — 2026-04

Peak Month

1993-08

Production History

Cum Oil: 71,846 BBL Cum Gas: 88,405 MCF

RRC production reported through Apr 2026 · recent months incomplete

Decline Curve Analysis

qi

283 BBL/mo

Di (annual)

4.0%

b-factor

0.0

EUR

73,990 BBL

R-squared

0.702

type

exponential

Operator History (from monthly production reports)

2002-08 — 2026-07 L & M OPERATING, INC. 288 mo
1993-01 — 2002-07 KK OIL CO. 115 mo

Wells (4)

WELL#APIOPERATORPERMITSDEPTHLAST_ISSUED
2L & M OPERATING, INC.12,3501979-10-15
3L & M OPERATING, INC.12,4001979-08-29
4L & M OPERATING, INC.12,4001979-08-29
1L & M OPERATING, INC.12,4001979-06-25