Question
Three wells in Western Idaho are producing with the following data: Well 1: 24-hr. Test: 55 bbl Days Produced: 30 days Well 2: 24-hr. Test:
Three wells in Western Idaho are producing with the following data:
- Well 1:
24-hr. Test: 55 bbl
Days Produced: 30 days - Well 2:
24-hr. Test: 50 bbl
Days Produced: 28 days - Well 3:
24-hr. Test: 60 bbl
Days Produced: 29 days
Total Production Sold: 7,200 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.
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Management and Cost Accounting
Authors: Colin Drury
8th edition
978-1408041802, 1408041804, 978-1408048566, 1408048566, 978-1408093887
