PHOENIX STATE

Oil · District 10 · Lease #50540

Operator: RING ENERGY, INC.

Cum Oil

44k BBL

Cum Gas

0 MCF

Wells

2

Production

2018-03 — 2026-03

Peak Month

2018-07

Production History

Cum Oil: 43,808 BBL Cum Gas: 0 MCF

Decline Curve Analysis

qi

2,525 BBL/mo

Di (annual)

76.4%

b-factor

0.1

EUR

44,072 BBL

R-squared

0.606

type

hyperbolic

Wells (2)

WELL#APIOPERATORPERMITSDEPTHLAST_ISSUED
1HRING ENERGY, INC.16,0702018-02-05
2HRING ENERGY, INC.16,0702018-02-02
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