Duster Oil Company drilled its first successful well on Lease A in 2006 Data for the Lease A as of 12 31 06 are as follows REQUIRED Compute amortization for 2006 Leasehold costs IDC of well L W equipment Production during 2006 Total estimated proved reserves, 12 31 06 Total estimated reserves recov...

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Duster Oil Company drilled its first successful well on Lease A in 2006. Data for the Lease

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Duster Oil Company drilled its first successful well on Lease A in 2006. Data for the Lease A as of 12/31/06 are as follows:

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REQUIRED: Compute amortization for 2006.

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Fundamentals Of Oil And Gas Accounting

ISBN: 9780878147939

4th Edition

Authors: Rebecca A. Gallun, Ph.D. Wright, Charlotte J, Linda M. Nichols, John W. Stevenson

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Question Posted: May 29, 2024 08:03 AM

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Duster Oil Company drilled its first successful well on Lease A in 2006. Data for the Lease

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Leasehold costs IDC of well L&W equipment.. Production during 2006 Total estimated proved reserves, 12/31/06. Total estimated reserves recoverable from $ 50,000 200,000 75,000 8,000 bbl 792,000 bbl well, 12/31/06 102,000 bbl

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Fundamentals Of Oil And Gas Accounting

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