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calm oil company operates the panhandle lease. the accounting procedure attached to the JOA allows Calm to recoup its overhead by the use of a

calm oil company operates the panhandle lease. the accounting procedure attached to the JOA allows Calm to recoup its overhead by the use of a combined fixed rate well basis of $1,500 per producing well and $8,000 per drilled well.

how much total overhead would Calm bill the joint account if the panhandle lease had 3 wells that produced everyday in the previous month?

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