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The following example illustrates both DD&AA computed using unit-of-production and DD&A computed using unit-of-revenue. EXAMPLE Full Cost DD&A Lucky Company has oil and gas properties

image text in transcribed The following example illustrates both DD\&AA computed using unit-of-production and DD\&A computed using unit-of-revenue. EXAMPLE Full Cost DD\&A Lucky Company has oil and gas properties located only in the United States. Data for Lucky Company as of December 31, 2006, are as follows: a. Computation of DD\&A based on equivalent energy units for 2006 is as follows

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