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1) Please read the attached Narrative - Property/Ownership Setup & Maintenance and answer the following questions: A. Explain what these terms means in the world

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1) Please read the attached Narrative - Property/Ownership Setup & Maintenance and answer the following questions: A. Explain what these terms means in the world of oil & gas: (10 pts) a. Lease Record Analyst b. Joint Interest Billing C. JIB Deck d. Revenue Deck e. "Set Up in Suspense" f. AFE g. Division Order h. Proved Reserves i. Proved Undeveloped Reserves j. Proved Developed Reserves B. What are the primary duties of a Land Department? (5 pts)

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