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Given the following, compute DD&A assuming no exclusions from the amortization base: Unrecovered costs 700,000 Net salvage value of properties 60,000 Estimated future development costs
Given the following, compute DD&A assuming no exclusions from the amortization base:
Unrecovered costs | 700,000 |
Net salvage value of properties | 60,000 |
Estimated future development costs for proved reserves | 100,000 |
Proved reserves, 12/31 | 100,000 bbl |
Proved developed reserves, 12/31 | 75,000 bbl |
Production | 20,000 bbl |
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