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DDA IUI 2021. .... $ 30,000 19.) The following account balances for 2018 and 2019 relate to a proved property: 12/31/18 12/31/19 $ 30,000 Proved
DDA IUI 2021. .... $ 30,000 19.) The following account balances for 2018 and 2019 relate to a proved property: 12/31/18 12/31/19 $ 30,000 Proved property cost ............. Accumulated DD&Aproved property..... 6,000 Wells and equipment-IDC...... 350,000 450,000 Accumulated DD&A-L&WEIDC ............. 60,000 Wells and equipment -L&WE................ 250,000 325,000 Accumulated DD&Awells and equipment-L&WE.. 55,000 2018 2019 Proved reserves, 12/31........................ 800,000 Mcf 900,000 Mcf Proved developed reserves, 12/31 ................. 500,000 Mcf 700,000 Mcf Production during 2018 and 2019....... ......... 40,000 Mcf 60,000 Mcf REQUIRED: Compute DD&A for the year ended 12/31/19. DDA IUI 2021. .... $ 30,000 19.) The following account balances for 2018 and 2019 relate to a proved property: 12/31/18 12/31/19 $ 30,000 Proved property cost ............. Accumulated DD&Aproved property..... 6,000 Wells and equipment-IDC...... 350,000 450,000 Accumulated DD&A-L&WEIDC ............. 60,000 Wells and equipment -L&WE................ 250,000 325,000 Accumulated DD&Awells and equipment-L&WE.. 55,000 2018 2019 Proved reserves, 12/31........................ 800,000 Mcf 900,000 Mcf Proved developed reserves, 12/31 ................. 500,000 Mcf 700,000 Mcf Production during 2018 and 2019....... ......... 40,000 Mcf 60,000 Mcf REQUIRED: Compute DD&A for the year ended 12/31/19
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