Solution-Establish equity percentages

Establish equity percentages

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Reference no: EM132052431

Two Operating companies each hold leases on a 90,000A oil field, which they wish to form into an operating Unit. Negotiations are currently underway to establish Equity percentages, which will be used to pro-rate facility costs, lifting costs, and sales income. Use the STOOIP volumetric equation to estimate each partner's:

1. Reserves:

a. STOOIP
b. Recoverable Oil

2. % Equity, Based on:

a. Field Acreage
b. STOOIP
c. Recoverable Oil

3. Equity @ (current) Market, Based on:

a. STOOIP
b. Recoverable Oil

4. Net Equity @ (Current) Market

a. STOOIP
b. Recoverable Oil

5. Average Annual Income (assuming no Production Decline)

a. STOOIP
b. Recoverable Oil

Reference no: EM132052431

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Establish equity percentages

Reference no: EM132052431

Reference no: EM132052431

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