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What POP fee (in %) would cause the equivalent wellhead gas price for the POP contract and wellhead contract in Example 72 to be the

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What POP fee (in \%) would cause the equivalent wellhead gas price for the POP contract and wellhead contract in Example 72 to be the same? 2. Your company is evaluating an oil and gas property in China and the production forecast is in tonnes/year. Corporate has mandated an oil price of $85/bbl. The oil is 35API. What oil price in $/ tonne should you use?. (See hints in problem 7-1.)

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