Beaver Oil Corporation drilled its first successful well on Lease A in 2016 Data for Lease A as of 12 31 16 are as follows REQUIRED Compute amortization for 2016 Leasehold costs IDC of well L WE Production during 2016 Total estimated proved reserves, 12 31 16 Total estimated reserves recoverable fr...

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Beaver Oil Corporation drilled its first successful well on Lease A in 2016. Data for Lease A

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Beaver Oil Corporation drilled its first successful well on Lease A in 2016. Data for Lease A as of 12/31/16 are as follows: image text in transcribed

REQUIRED: Compute amortization for 2016.

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Fundamentals Of Oil And Gas Accounting

ISBN: 9781593701376

5th Edition

Authors: Charlotte J. Wright, Rebecca A. Gallun

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Question Posted: May 31, 2024 10:16 AM

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Beaver Oil Corporation drilled its first successful well on Lease A in 2016. Data for Lease A

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Leasehold costs IDC of well L&WE... Production during 2016.. Total estimated proved reserves, 12/31/16 Total estimated reserves recoverable from well, 12/31/16.. $ 50,000 200,000 75,000 8,000 bbl 792,000 bbl 102,000 bbl

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Fundamentals Of Oil And Gas Accounting

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