1. In the exercise we will use A COS of 61%
Exercise 14 – Part 7
In the exercise we will use
A COS of 61%
An economic minimum of 100 MBOE
What Would You Propose to Management
about Drilling Alpha & Beta?
Slide 36
Now we are ready to complete part 7 of Exercise 14
We’ll use a COS of 61%
Finish the calculations and enter a number on line 7 on the last page
Would you propose drilling Alpha to your manager? YES MBOE is more than economic minimum
Would you propose drilling Beta to your manager? NO MBOE is less than economic minimum
Courtesy of ExxonMobil
L14 – Prospect Analysis