Select the relevant costs and other data from the
following,
and calculate the All Source F&D Cost...
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Accounting
Select the relevant costs and other data from thefollowing,
and calculate the All Source F&D Cost for Big OilCo. on a BOE basis
(Use a 6to 1 conversion ratio)
Big Oil Data for All Source F&D Calculation - Oil andGas
Costs
$Millions
Unprovedproperty acquisitions
$75
Exploration
$850
Development expenses
$900
ProvedProperty Acquisitions
$250
SG&A
$225
Interestpayments
$75
Oil Reserve Additions
Million Barrels
Oilreserve discoveries and extensions
105
MMBO
Oilrevisions
5
MMBO
Acquisitions
10
MMBO
Gas Reserve Additions
Bcf
Gasdiscoveries
165
Bcf
Gasrevisions
5
Bcf
Acquisitions
30
Bcf
Answer & Explanation
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4.4 Ratings (643 Votes)
Calculation of All source Finding development costs for Big Oil Co All source relevant FD expenses Expense head Amount in millions exploration 850 development
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