| Month | Production – Barrels of Oil Equivalent | Notes and Happenings |
|---|---|---|
| Jul-26 | 0 | The upper perforations were squeezed and sand was washed out of the lower perforations. A swab test flowed only 40-50 barrels of total fluid per day with a 17% oil cut, so the well has been shut in while the operator plans work to remove near-wellbore blockage believed to be restricting flow. Cruciform is paying these operational costs up-front on all partners' behalf and will recover costs once the well is back up and flowing. |
| Jun-26 | 0 | Well remains shut in. |
| May-26 | 37 | Well shut in; minimal residual production. |
| Apr-26 | 476 | Well remained shut in; residual production with two oil hauls during the month. |
| Mar-26 | 360 | Well was shut in, but was flowing up the backside. |
| Feb-26 | 1,622 | Well was shut in on February 26th. |
| Jan-26 | 2,895 | Continued pipeline right of way negotiations are ongoing. No end in sight. Operator can not give us definitive timing. Frustrating, but we hope that it will be resolved sooner rather than later. Continue to flare 311 MCF gas/day. |
| Dec-25 | 2,859 | |
| Aug-25 | 26,825 | |
| Jul-25 | 6,391 | Well officially turned to sales. Production was run through testing equipment until it was shut in. |
| Jun-25 | 1,095 | |
| Apr-25 | 0 | The well is currently drilling ahead at 3,200' depth as of April 16, 2025. |
Monarch B #1
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