UNIVERSITY -35-

UNIVERSITY -35- is a Texas oil lease in Crane County, Railroad Commission district 08, operated by Slant Operating, Llc. It has 1 wellbore on file with the Commission. Reported production runs from May 2023 to August 2026, totalling 10,305 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $16K, with roughly $3K expected over the next twelve months.

OperatorSlant Operating, Llc
FieldBlock 31 (Penn. 7620)
CountyCrane County, Texas
RRC district08
Lease number60013
Wellbores1
Reported production10,305 bbl
First reportedMay 2023
Last reportedAugust 2026
Estimated royalty value$16K

Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal.