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Question 1: Select the relevant costs and other data from the following, and calculate the Organic F&D Cost for Big Oil Co. Big Oil Data
Question 1: Select the relevant costs and other data from the following, | |
and calculate the Organic F&D Cost for Big Oil Co. | |
Big Oil Data for Organic F&D Calculation | $Millions |
Unproved property acquisitions | $75 |
Exploration | $900 |
Development expenses | $700 |
Proved Property Acquisitions | $200 |
SG&A | $225 |
Interest payments | $75 |
Reserve Additions | Million Barrels |
Oil reserve discoveries and extensions | 105 |
Oil revisions | 5 |
Proved Property Acquisitions | 15 |
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