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4) Reporting Year: August 1 to July 31 Fiscal Year BOPD Average Daily Production 8/01/79 130 to 2/31/80 8/01/80 to 35 7/31/81 8/01/81 to
4) Reporting Year: August 1 to July 31 Fiscal Year BOPD Average Daily Production 8/01/79 130 to 2/31/80 8/01/80 to 35 7/31/81 8/01/81 to 30 7/31/82 The best fit of the production is a hyperbolic curve having a Qi of 200 BOPD, b = 0.5, and Di = 1.50/year on August 1, 1979. a) If the economic limit is 5 BOPD, what is the estimated month and year of abandonment? b) How much do you estimate will be produced from August 1, 1982 to abandonment? c) Oil in place is estimated to be approximately 856.960 barrels of oil. What is the recovery factor for this well?
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Introduction Reporting year August 1 to July 31 Explanation Q1 200 BOPD b 05 Di 15 per ye...
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Accounting Principles Part 3
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Kinnear, Joan E. Barlow
6th Canadian edition Volume 1
1118306805, 978-1118306802
