Three wells in Southern Utah are producing with the following data: Well 1: 24-hr. Test: 60 bbl
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Question:
Three wells in Southern Utah are producing with the following data:
- Well 1:
24-hr. Test: 60 bbl
Days Produced: 30 days - Well 2:
24-hr. Test: 55 bbl
Days Produced: 29 days - Well 3:
24-hr. Test: 50 bbl
Days Produced: 28 days
Total Production Sold: 5,200 barrels—measured at point of delivery (production from 3 wells commingled)
Requirement:
Calculate the barrels of production allocated to each well. Round the ratio to three decimal places and round barrels to the nearest whole barrel.
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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