Tagga energy discovered a new oilfield (Bu Hanifa) in West Abu Dhabi in 2019 with the following average values for reservoir parameters: = 32.54% Area = 14,235 m2 Thickness = 15 m So= 0.71 Sg = 0.22 NGR = 0.24 Kv/Kh=0.5 Taqqa came in to produce it using primary recovery for the next 17 years based on a concession type agreement from the holding company by paying an 11.5% royalty, while operating taxes were charged by the emirate at 7.2% and income tax charged by the federal government at 35%. C) (20 pts) Make all necessary assumptions based on the above given data to calculate STOIP in (STB) and assume the corresponding RF1 for your specific scenario. Assume the annual Tagga energy discovered a new oilfield (Bu Hanifa) in West Abu Dhabi in 2019 with the following average values for reservoir parameters: = 32.54% Area = 14,235 m2 Thickness = 15 m So= 0.71 Sg = 0.22 NGR = 0.24 Kv/Kh=0.5 Taqqa came in to produce it using primary recovery for the next 17 years based on a concession type agreement from the holding company by paying an 11.5% royalty, while operating taxes were charged by the emirate at 7.2% and income tax charged by the federal government at 35%. C) (20 pts) Make all necessary assumptions based on the above given data to calculate STOIP in (STB) and assume the corresponding RF1 for your specific scenario. Assume the annual