SCHMIDT Lease |
Lease: SCHMIDT Operator: Bach Oil Production Location: SE SE NE T12S, R17W, Sec. 10 Cumulative Production: 20714.22 barrels (from 1985 to 2023) KS Dept. of Revenue Lease Code: 123510 KS Dept. of Revenue Lease Name: SCHMIDT B-1 |
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Initial production monthly rate (Qi): 37 bbls in 2020
Present production monthly rate (Qt): 25 bbls in 2022 Decline rate (De): 16.3677% per year Exponential K: .01652235 |