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Type Curves
Central Basin
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Northern Central Basin Platform HZ Well Performance & Costs Technical Improvements to Completion and Landing Zone Annual D&C per HZ Cost Range (1.0 & 1.5 Mile)1 CBP 1.0 & 1.5 Mile HZ Performance Cum BO vs Time (2021 & 2022 vs Historic)2,3 4.0 M 2021 & 2022 CBP HZ Program Average Historical CBP HZ well performance 3.5 M 530 Avg 3.0 M 2.5 M 420 Avg 410 Avg No drilling in 2020 CBP 2.0 M 2020 2021 YTD 2022 1) Wells categorized by spud year; capex ties to financials 2) Downtime associated with 2020 pandemic curtailment removed and contains only University Lands UL wells in the CBP (No normalization) 3) 2021 & 22 Well set comprised of 1.0 and 1.5 mile laterals drilled in CBP UL area (9 wells included) 17 www.ringenergy.com NYSE American: REI
Ring Energy Inc.
December 2022

Midland Basin Horizontal Wells Industry Activity RSPs successful Wolfcamp results are complemented by nearby operators announcements Map of Midland Basin Activity RSP Permian Garza Pioneer Lynn Kent University 7-43 10H (Wolfcamp D / Cline) Cross Bar Ranch 2017H (Wolfcamp B) 24-hr IP: 3,605 Boe/d (74% oil) 30-day IP: 607 Boe/d (87% oil) 7,382 lateral length Cum: 73,399 Boe/198 days Midland Basin 6,915 lateral length Element SFH Unit 23 1H (Wolfcamp A) Cross Bar Ranch 1811H (Wolfcamp B) Gaines Scurry Fisher Dawson 24-hr IP: 1,086 Boe/d 30-day IP: 650 Boe/d (84% oil) Borden 30-day IP: 701 Boe/d Cum: 96,032 Boe/248 days 7,268 lateral length 6,967 lateral length Pioneer Katie 1109H (Wolfcamp B) Howard Scharbauer 201H (Wolfcamp D / Cline) 30-day IP: 665 Boe/d (91% oil) Andrews Martin Mitchell 24-hr IP: 1,509 Boe/d Cum: 45,029 Boe/174 days Nolan 30-day IP: 662 Boe/d (60% oil) 5,054 lateral length 7,862 lateral length Kemmer 4209H (Wolfcamp B) Pioneer 30-day IP: 755 Boe/d (85% oil) Sterling Mabee K 1H (Wolfcamp B) Ector Cum: 104,126 Boe/543 days Coke 24-hr IP: 1,572 Boe/d Glasscock 30-day IP: 1,040 Boe/d (76% oil) 3,864 lateral length 6,671 lateral length Kemmer 4210H (Wolfcamp B) Pioneer 30-day IP: 742 Boe/d (85% oil) Midland E.T. ODaniel 1H (Wolfcamp B) 5,281 lateral length 24-hr IP: 2,801 Boe/d (75% oil) 9,229 lateral length Headlee 3910H (Wolfcamp B) Tom Crane Green E.T. ODaniel 2H (Wolfcamp D / Cline) 30-day IP: 727 Boe/d (88% oil) Reagan 24-hr IP: 3,156 Boe/d (69% oil) Cum: 45,935 Boe/77 days Irion 9,112 lateral length 6,781 lateral length Diamondback (FANG) Headlee 3911H (Wolfcamp B) Upton Core of FANGs horizontal activity 30-day IP:782 Boe/d ( 88% oil) ST NW 4301H (Wolfcamp B) Cum 24,733 Boe/53 days Horizontal Target 24-hr IP: 1,193 Boe/d 7,270 lateral length Lower Spraberry 30-day IP: 968 Boe/d (85% oil) Middle Spraberry 7,141 lateral length Wolfcamp A/B/C Sarah Ann 3812H (Wolfcamp B) Wolfcamp D (Cline) Schleicher ST NW 2501H (Wolfcamp B) 30-day IP: 745 Boe/d (88% oil) Mississippian Crockett Pecos 24-hr IP: 1,108 Boe/d Cum: 104,735 Boe/383 days Clearfork 30-day IP: 683 Boe/d (90% oil) 4,553 lateral length 4,451 lateral length ___________________________ Source: Texas Railroad Commission and investor presentations. 3-stream data. 30-day IP rates noted where available. 23
RSP Permian Inc.
March 2014
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