Given the following, compute DD A, assuming no exclusions from the amortization base Unrecovered costs Net salvage value of properties Estimated future development costs for proved reserves Proved reserves, 12 31 Proved developed reserves, 12 31 Production $700,000 60,000 100,000 100,000 bbl 75,000...

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Given the following, compute DD&A, assuming no exclusions from the amortization base. Unrecovered costs Net salvage value

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Given the following, compute DD&A, assuming no exclusions from the amortization base.

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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 08:05 AM

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Given the following, compute DD&A, assuming no exclusions from the amortization base. Unrecovered costs Net salvage value

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Unrecovered costs Net salvage value of properties Estimated future development costs for proved reserves Proved reserves, 12/31 Proved developed reserves, 12/31 Production $700,000 60,000 100,000 100,000 bbl. 75,000 bbl 20,000 bbl

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Fundamentals Of Oil And Gas Accounting

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