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26 14. Tyler Company reported the following costs on its financial statements (in thousands): 2020 2022 $405 $800 350 425 650 300 Unproved property acquisition
26 14. Tyler Company reported the following costs on its financial statements (in thousands): 2020 2022 $405 $800 350 425 650 300 Unproved property acquisition Proved property acquisition G&G Exploratory drilling (including dry hole) Development drilling 0 500 221 50 FORMULA 1 ONLY 2021 $200 500 650 700 90 REQUIRED: Using the reserve disclosure for Tyler Company in problem 13 and the data presented in this problem, compute finding costs per BOE using the various formulae. DO NOT INCLUDE DOLLAR SIGNS CARRY ANSWERS TO THREE DECIMAL POINTS IF LESS THAN ZERO INPUT AS 0.xxx
14. Tyler Company reported the following costs on its financial statements (in thousands): Unproved property acquisition Proved property acquisition G&G Exploratory drilling (including dry hole) Development drilling 2020 2021 2022 $405 $200 $800 0 500 350 500 650 425 221 700 650 50 90 300 REQUIRED: Using the reserve disclosure for Tyler Company in problem 13 and the data presented in this problem, compute finding costs per BOE using the various formulae. FORMULA 1 ONLY DO NOT INCLUDE DOLLAR SIGNS CARRY ANSWERS TO THREE DECIMAL POINTS IF LESS THAN ZERO INPUT AS 0.XXX
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