Mr. Dube owns some mineral rights in Texas that he leases to Seagull Oil Company, reserving a 1/8 royalty interest. During 2006, Seagull Oil made the following assignments:

a. To Mr. Hall, an ORI of 1/6.

b. To Mr. Irwin, a PPI of 10,000 barrels of oil to be paid out of 1/5 of the working interest’s share of production.

c. To Mr. Brown, a joint working interest of 40% after giving consideration to the above assignments.

REQUIRED:

a. Prepare the decimals to be used in the division order.

b. Assuming production of 12,000 barrels of oil, calculate the number of barrels each owner would receive.