Question #4 (55%): . . . . . . RGC energy discovered a new oilfield (Wilming) in California, USA in 2020 with the following average values for reservoir parameters: -0.24 Area = 10,000 m2 Thickness = 15m So 0.55 Sg=0.22 NGR = 0.4 Kv/Kh - 0.5 RGC came in to produce it using primary recovery for the next 17 years producing using primary recovery based on a concession type agreement from the holding company paying a 13.5% royalty. CAPEX spent included D&C and production facility totaled $750MM, This included drilling 47 horizontal wells at $9.8MM/Well. Make all necessary assumptions based on the above given data and use yous sound judgment for assuming components of CAPEX, OPEX. Construct an E&P curve with all your findings. Explain the Format #1 and format #2 with illustrating the main differences. You have to show the columns and explain based on your own understanding? Would you recommend to proceed with this project? Following are Po: Po2022 S67/Bb1 Po2023 $71/Bb1 Po2024 $79/Bbl Po 2025 $94/Bbl Po 2026 $107/Bb! Question #4 (55%): . . . . . . RGC energy discovered a new oilfield (Wilming) in California, USA in 2020 with the following average values for reservoir parameters: -0.24 Area = 10,000 m2 Thickness = 15m So 0.55 Sg=0.22 NGR = 0.4 Kv/Kh - 0.5 RGC came in to produce it using primary recovery for the next 17 years producing using primary recovery based on a concession type agreement from the holding company paying a 13.5% royalty. CAPEX spent included D&C and production facility totaled $750MM, This included drilling 47 horizontal wells at $9.8MM/Well. Make all necessary assumptions based on the above given data and use yous sound judgment for assuming components of CAPEX, OPEX. Construct an E&P curve with all your findings. Explain the Format #1 and format #2 with illustrating the main differences. You have to show the columns and explain based on your own understanding? Would you recommend to proceed with this project? Following are Po: Po2022 S67/Bb1 Po2023 $71/Bb1 Po2024 $79/Bbl Po 2025 $94/Bbl Po 2026 $107/Bb