Bdpeconw

ECONOMIC ANALYSIS
Large Oil Field - Multiple Reservoirs

Development Plan - Economic Analysis - Contract Production Rate
TABLE OF CONTENTS
GENERATED DATA
TABLE - 1A
TABLE - 2A
TABLE - 2B
TABLE - 3
TABLE - 4
TABLE - 5
TABLE - 6
TABLE - 7A
TABLE - 7B
Project Profitability Measures Summary 16 Yrs.

Discounted CF Forecast (MM$) - Nominal MM$'s Discounted @ 20 % Per Ye
Discounted CF Forecast (MM$) - Real MM$'s Discounted @ 10.58 % Per Ye
Discounted CF Forecast (MM$) - Nominal MM$'s Discounted @ 15 % Per Ye
Discounted CF Forecast (MM$) - Nominal MM$'s Discounted @ 10% Per Ye
1999 Real or Constant MM$ - Nominal MM$'s Discounted @ 4 % Per Year
Nominal or Then-Current MM$ CF Forecast - (Escalated w.r.t. 1999 Base Ye
Undiscounted CF Forecast (Base-Year 1999 MM$)
Project Net Cash Flow Forecast (Then-Current MM$)
INPUT DATA
TABLE - 8A
TABLE - 8B
TABLE - 9A
TABLE - 9B
TABLE - 10
TABLE - 11
TABLE - 12A
Project OPEX (or Direct Expenditures) (Base-Year 1999 MM$)

Project OPEX (or Direct Expenditures) (Nominal or Then Current MM$)
Schedule of Facility CAPEX - New & Upgrades (Nominal or Then-Current MM
Schedule of Facility CAPEX - New & Upgrades (Base-Year 1999 MM$ )
Offshore P/F & F/L Requirements & Associated Costs (Base-Year 1999 & TC
Procedure to Estimate the Number of Well W/Os & Well Servincing & Testing
On-Land & Offshore Drilling Costs by Well Type (Base-Year 1999 MM$)
TABLE - 12B
TABLE - 13
TABLE - 14
TABLE - 15
TABLE - 16
TABLE - 17A
TABLE - 17B
SUMMARY TABLES
TABLE S - 1A
TABLE S - 1B
TABLE S - 2
TABLE S - 3
On-Land & Offshore Drilling Costs by Well Type (Nominal or Then Current M
Drilling Requirements - Number of Wells & Onshore Flowlines
Basic Cost Data - Work Overs Etc.
Basic Price & Escalation Rate Data
Basic Reservoir Data
Production & Injection Rates Forecast
Estimation of External Water Injection and Factor
Projected CAPEX & OPEX Summary (Base-Year 1999 MM$)

Projected CAPEX & OPEX Summary (Nominal or Then Current MM$)
Offshore Platforms, Well W/O's & Servicing & Testing Job Requirements Sum
Wells, Onshore F/Ls & Rig Yr Requirements Summary
n Rate
@ 20 % Per Year
0.58 % Per Year
@ 15 % Per Year
@ 10% Per Year
% Per Year
1999 Base Year)
nt MM$)
en-Current MM$)
99 MM$ )
ear 1999 & TC MM$)
cing & Testing Jobs
99 MM$)
Analysis
Analysis
DCF6
DCF7
DCF5
DCF4
DCF3
DCF2
DCF1
NCF
a1
a53
a1
a1
a1
a1
a1
a1
a1
a1
Project Profitabi
Project Profitabi
Discounted CF F
Discounted CF F
Discounted CF F
Discounted CF F
1999 Real or Co
Nominal or Then
Undiscounted C
Project Net Cash
OPEX
OPEX
Facility
Facility
Off-PF-FL
Off-PF-FL
Wll-WO
a1
a57
a3
a29
c1
a55
a2
Project OPEX (o
Project OPEX (o
Schedule of Fac
Schedule of Fac
Offshore P/F & F
Procedure used
Procedure to Es
hen Current MM$)
t MM$)
uirements Summary
Wll-FL
Wll-FL
Wll-FL
CstDat
EcnDat
RsvrDat
PrdInjDat
PrdInjDat
a77
a143
a3
a1
a1
a1
a1
a22
On-Land & Offsh

On-Land & Offsh
Drilling Requirem
Basic Cost Data
Basic Price & Es
Basic Reservoir
Production & Inj
Estimation of Ex
CapCostBSYr
CapCostTC
PF&WO
WellsRigYrs
a1
a1
a1
a1
Projected Capita
Projected CAPE
Offshore Platform
Wells, Onshore

Discounted CF Forecast (MM$) - Nominal MM$'s Discounted @ 20 % Per Year
Discounted CF Forecast (MM$) - Real MM$'s Discounted @ 10.58 % Per Year
Discounted CF Forecast (MM$) - Nominal MM$'s Discounted @ 10% Per Year
Nominal or Then-Current MM$ CF Forecast - (Escalated w.r.t. 1999 Base Year)
Project OPEX (or Direct Expenditures) (Base-Year 1999 MM$)
Project OPEX (or Direct Expenditures) (Nominal or Then Current MM$)
Schedule of Facility CAPEX - New & Upgrades (Nominal or Then-Current MM$)
Offshore P/F & F/L Requirements & Associated Costs (Base-Year 1999 & TC MM$)
Procedure used to estimate number of platforms
Procedure to Estimate the Number of Well W/Os & Well Servincing & Testing Jobs
On-Land & Offshore Drilling Costs by Well Type (Nominal or Then Current MM$)
Projected Capital and MRO Expenditures Summary (Base-Year MM$)
Offshore Platforms, Well W/O's & Servicing & Testing Job Requirements Summary
TABLE - 17A
OIL
OIL
OIL
GAS
GAS
GAS
GAS
GAS
WATER
WATER
WATER
RATE MAX
RATE
FEUR
GOR
Prod Soln Gas
Prod Gas Cap
Injc Gas
LIFT Gas
Avg CUT
Prod H20
Injc H20
(MBCD)
(MBCD)
(Fraction)
(SCF/bbl)
(MMSCFD)
(MMSCFD)
(MMSCFD)
(MMSCFD)
(%)
(MBCD)
(MBCD)
0.307
1999
1,350
700
0.314
170
119
0
119
0
13%
105
111
2000
1,350
700
0.320
190
133
0
133
0
14%
112
118
2001
1,350
700
0.327
194
136
0
136
0
15%
119
125
2002
1,350
700
0.334
195
137
0
137
0
15%
126
132
2003
1,350
700
0.341
196
137
0
137
0
16%
133
139
2004
1,350
700
0.348
197
138
0
138
0
17%
141
147
2005
1,350
700
0.355
198
139
0
139
0
18%
148
154
2006
1,350
700
0.361
199
139
0
139
0
18%
156
162
1999
6
105
111
0.01
0.13
2000
6
112
118
0.01
0.13
2001
6
119
125
0.01
0.14
2002
6
126
132
0.01
0.15
2003
6
133
139
0.01
0.15
2004
6
141
147
0.01
0.16
2005
6
148
154
0.01
0.17
2006
6
156
162
0.01
0.17
TABLE - 17B
WATER
WATER
Total
WATER
LIQUID
External Inj
Dspsl Prod
Water Inj
Inj Factor
IPR
(MBCD)
(MBCD)
(MBCD)
(Fraction)
(Fraction)
CUMM #
% of Total
GAS
# A-Lift Wells
# A-Lift Wells
SHORT-FALL
#
#
(MMSCFD)
1999
2000
0
0%
0
2001
0
0%
0
2002
0
0%
0
2003
0
0%
0
2004
0
0%
0
2005
0
0%
0
2006
0
0%
0
0
0%
0
TABLE - 16
BASIS RESERVOIR DATA
Include In
Weighted Average FVF & GOR :
Computations Reservoir
Original
1=Yes, 0=No
Name
Reserve
0
Zone A
69
0
Zone B
2399
0
Zone C
5352
0
Zone D
837
1
Zone E
31977
1
Zone F
5475
0
Zone G
9
0
Zone H
1102
0
Zone I
30
0
Zone J
1725
Selected Total
37,452
Total All
48975
MMSTB
=RR*FVF/RR
Cum Prod'n
12/31/1998
0
37
172
0
9516
1974
0
40
0
8
11,490
11747
MMSTB
Remaining
Reserve (RR)
69
2362
5180
837
22461
3501
9
1062
30
1717
25,962
37228
MMSTB
FVF
1.0320
1.1300
1.0700
1.1300
1.1000
1.1490
1.2750
1.0750
1.1000
1.2700
1.1066
1.1101
RB/STB
Footnotes Concerning Field Development :

A)
B)
C)
D)
E)
F)
Basic Production Estimation Methods:

Gas Production
(MMSCFD) =
Gas Injection
(MMSCFD) =
Artificial Lift Gas Rate
(MMSCFD) =
Water Production
(MBCD) =
Total Water Injection
(MRBCD) =
BASIC RESERVOIR DATA

External Water Injection Factor =
Gas Injection Factor =
Gas-Liquid Ratio =
Boi =
Bw =
Bg =
Np =
EUR =
Oil Rate (MBCD) x GOR (SCF/STB) / 1000

Gas Production (MMSCFD) x Gas Injection Factor
Gas-Liquid Ratio, GLR (SCF/bbl) x (Oil Rate + Water Production
Water Cut (fraction) x Oil Rate (MBCD) / (1 - Water Cut)
Water Production (MBCD) + External Water Injection (MBCD) =
+ [Oil Rate (MBCD) x Boi (RB/STB) + Gas Cap Production Rate
x External Water Injection Factor
0.00
1.00
0.00
1.1066
1.0000
0.2250
11,490
37,452
Fraction of RB Prod.
Fraction of Gas Prod.
SCF/bbl
RB/STB
RB/STB
MCF/RB (for gas cap production)
MMSTB @12/31/1998
MMSTB @12/31/1998
=RR*GOR/RR
GOR
47
224
86
237
132
252
645
57
75
425
148
156
SCF/STB
Gross
Heating
Value of Gas
956
1680
1786
1574
1685
1602
1397
1904
1317
1473
1,666
1651
BTU/SCF
jection Factor
(Oil Rate + Water Production Rate)
D) / (1 - Water Cut)
Water Injection (MBCD) = Water Production (MBCD) +
+ Gas Cap Production Rate (MMSCFD) / Bg (MCF/RB)] x
(Reserves or Estimated Ultimate Recovery)
TABLE - 15
BASIC PRICE & ESCALATION RATE DATA

ArabLight
OIL
OIL
OIL
OIL
GAS
GAS
GAS
Drilling
Drilling
P/Fs, F/Ls
P/Fs, F/Ls
Facilities
Facilities
All
All
CO. CARRIED
CO. CARRIED
CO. CARRIED
Base Price
Oil Price
Oil Price
Oil Price
Oil Price
Gas Price
Gas Price
Gas Price
CAPEX
CAPEX
CAPEX
CAPEX
CAPEX
CAPEX
OPEX
OPEX
OPEX FACTOR
OPEX FACTOR
OPEX FACTOR
Nominal
Differential
Escalation
Escalation
Nominal
Escalation
Escalation
Nominal
Escalation
Escalation
Escalation
Escalation
Escalation
Escalation
Escalation
Escalation
Escalation
Escalation
Min=0
($/bbl)
($/bbl)
Rate (%)
Factor
($/bbl)
Rate (%)
Factor
($/MCF)
Rate (%)
Factor
Rate (%)
Factor
Rate (%)
Factor
Rate (%)
Factor
Rate (%)
Factor
$/$
Description
Value
Annual General Inflation Rate (%) =
4.00
Annual Nominal Discount Rate, ANDR (%) =
10.00
15.00
20.00
Annual Real Discount Rate, ARDR (%) :
10.58
Mscf Gas per Barrel of Oil Equivalent
5.88
Prod. Rate is Average (1) or Rate is Begin Year Value (0)
0
1999
23.00
-1.80
0.00
1.00
21.20
3.00
1.00
5.75
0.00
1.00
2.00
1.00
2.00
1.00
1.00
1.00
0.03
1.00
4.333
Name
DscR0
DscR1
DscR2
DscR3
ARDR
BOEG
OPT1
2000
24.00
-1.82
0.00
1.00
22.18
3.00
1.03
5.92
0.00
1.00
2.00
1.02
2.00
1.02
1.00
1.01
0.03
1.00
4.334
2001
25.00
-1.84
0.00
1.00
23.16
3.00
1.06
6.10
-2.00
0.98
2.00
1.04
2.00
1.04
1.00
1.02
0.03
1.00
4.335
Spreadsheet Tab of Value Input

DCF3
DCF4
DCF5
DCF6
DCF7
Mscf Gas / Bbl Oil (All DCF?)
( 1 = Ave. Rate, 0 = Begin Yr Rate )
2002
25.50
-1.88
0.00
1.00
23.62
3.00
1.09
6.28
-2.00
0.96
2.00
1.06
2.00
1.06
1.00
1.03
0.03
1.00
4.336
2003
26.00
-1.90
0.00
1.00
24.10
3.00
1.13
6.47
-2.00
0.94
2.00
1.08
2.00
1.08
1.00
1.04
0.03
1.00
4.337
2004
26.50
-1.93
0.00
1.00
24.57
3.00
1.16
6.67
-2.00
0.92
2.00
1.10
2.00
1.10
1.00
1.05
0.03
1.00
4.338
sheet Tab of Value Input Location
/ Bbl Oil (All DCF?)

e. Rate, 0 = Begin Yr Rate )
2005
26.90
-1.96
0.00
1.00
24.94
3.00
1.19
6.87
1.00
0.93
2.00
1.13
2.00
1.13
1.00
1.06
0.03
1.00
4.340
2006
27.30
-1.99
0.00
1.00
25.31
3.00
1.23
7.07
1.00
0.94
2.00
1.15
2.00
1.15
1.00
1.07
0.03
1.00
4.341
2007
27.70
-2.02
0.00
1.00
25.68
3.00
1.27
7.28
1.00
0.95
2.00
1.17
2.00
1.17
1.00
1.08
0.03
1.00
4.342
2008
28.10
-2.04
0.00
1.00
26.06
3.00
1.30
7.50
1.00
0.96
2.00
1.20
2.00
1.20
1.00
1.09
0.03
1.00
4.343
2009
28.60
-2.08
0.00
1.00
26.52
3.00
1.34
7.73
1.00
0.97
2.00
1.22
2.00
1.22
1.00
1.10
0.03
1.00
4.344
2010
29.10
-2.11
0.00
1.00
26.99
3.00
1.38
7.96
1.00
0.98
2.00
1.24
2.00
1.24
1.00
1.12
0.03
1.00
4.345
2011
29.60
-2.14
0.00
1.00
27.46
3.00
1.43
8.20
1.00
0.99
2.00
1.27
2.00
1.27
1.00
1.13
0.03
1.00
4.346
2012
30.10
-2.17
0.00
1.00
27.93
3.00
1.47
8.44
1.00
1.00
2.00
1.29
2.00
1.29
1.00
1.14
0.03
1.00
4.347
2013
30.60
-2.20
0.00
1.00
28.40
3.00
1.51
8.70
1.00
1.01
2.00
1.32
2.00
1.32
1.00
1.15
0.03
1.00
4.348
2014
31.10
-2.24
0.00
1.00
28.86
3.00
1.56
8.96
1.00
1.02
2.00
1.35
2.00
1.35
1.00
1.16
0.03
1.00
4.349
($/bbl)
($/bbl)
Rate (%)
Factor
($/bbl)
Rate (%)
Factor
($/MCF)
Rate (%)
Factor
Rate (%)
Factor
Rate (%)
Factor
Rate (%)
Factor
Rate (%)
Factor
$/$
TABLE - 14
BASIS COST DATA - WORK OVERS ETC.

LOCATION
TYPE
UNIT
On-Land
DRSR
(M$/Day)
On-Land
WOSR
(M$/Day)
On-Land
WODC
# Days
On-Land
WODH
# Days
On-Land
WSTT
(M$/Job)
On-Land
FLCP
(MM$)
On-Land
FLCW
(MM$)
Offshore
DRSR
(M$/Day)
Offshore
WOSR
(M$/Day)
Offshore
WODC
# Days
Offshore
WODH
# Days
Offshore
WSTT
(M$/Job)
Offshore
FLCP
(MM$)
Offshore
FLCW
(MM$)
All-Sites
All-Sites
All-Sites
All-Sites
1
ESEJ
PNSJ
PNTJ
PNWJ
2
(MM$//Well)
% of Total Wells
% of Total Wells
% of Total Wells
4
BASIS COST DATA - DRILLING

LOCATION
TYPE
UNIT
On-Land
OPC
# Drill Days
On-Land
GPC
# Drill Days
On-Land
GIC
# Drill Days
On-Land
WIC
# Drill Days
On-Land
WDC
# Drill Days
On-Land
WSC
# Drill Days
On-Land
EVC
# Drill Days
On-Land
OPH
# Drill Days
On-Land
GPH
# Drill Days
On-Land
GIH
# Drill Days
On-Land
WIH
# Drill Days
On-Land
WDH
# Drill Days
On-Land
WSH
# Drill Days
On-Land
EVH
# Drill Days
Offshore
OPC
# Drill Days
Offshore
GPC
# Drill Days
Offshore
GIC
# Drill Days
VALUE
61.9
31.4
9
27
30.0
0.8
3.0
95.2
44.7
12
45
40.0
0
0
1.0
10.0
5.0
3.0
3
VALUE
23
23
23
23
23
23
27
35
35
35
35
35
25
25
19
19
22
COMMENT
Mneumonic
Base-Yr 1999
DR
Base-Yr 1999
WO
#
WO
#
WO
n.b. M$
WS
Base-Yr 1999
FL
Base-Yr 1999
FL
Base-Yr 1999
DR
Base-Yr 1999
WO
#
WO
#
WO
n.b. M$
WS
Base-Yr 1999
FL
Base-Yr 1999
FL
Base-Yr 1999
%
%
%
5
Mneumonic
O
G
G
W
W
W
E
O
G
G
W
W
W
E
O
G
G
ES
PN
PN
PN
6
Mneumonic
P
P
I
I
D
S
V
P
P
I
I
D
S
V
P
P
I
Offshore
Offshore
Offshore
Offshore
Offshore
Offshore
Offshore
Offshore
Offshore
Offshore
Offshore
1
WIC
WDC
WSC
EVC
OPH
GPH
GIH
WIH
WDH
WSH
EVH
2
# Drill Days
# Drill Days
# Drill Days
# Drill Days
# Drill Days
# Drill Days
# Drill Days
# Drill Days
# Drill Days
# Drill Days
# Drill Days
3
22
0
0
25
35
35
25
25
0
0
0
W
W
W
E
O
G
G
W
W
W
E
5
I
D
S
V
P
P
I
I
D
S
V
6
COMMENT
Base-Yr 1999
Base-Yr 1999
Base-Yr 1999
Base-Yr 1999
Base-Yr 1999
Base-Yr 1999
Base-Yr 1999
Base-Yr 1999
Base-Yr 1999
5
CAPEX
Fixed
250
200
350
55
275
66
OPEX
Variable
0.04
0.04
0.02
0.04
0.04
0.04
OPEX
Fixed
4.50
4.50
2.50
4.50
4.50
4.50
100
0.04
3.50
BASIS COST DATA - PATFORM & FLOWLINE COSTS

LOCATION
TYPE
UNIT
VALUE
Offshore
24WPF
MM$
105.0
Offshore
12WPF
MM$
54.0
Offshore
8-WPF
MM$
34.0
Offshore
6-WPF
MM$
27.0
Offshore
4-WPF
MM$
20.0
Offshore
TRIPD
MM$
5.0
Offshore
MLS
MM$
0.9
Offshore
FSCND
MM$
0.3
Offshore
TIEPF
MM$
62.0
1
2
3
4
BASIS COST DATA - FACILITY COST

LOCATION
TYPE
UNIT (CAPEX)
UpStream
GOSP
MM$
UpStream
GGCF
MM$
UpStream
WCHF
MM$
UpStream
WIP
MM$
UpStream
ALFT
MM$
UpStream
GICP
MM$
UpStream
UPS1
MM$
UpStream
UPS2
MM$
DownSteam
PPLN
MM$
DownSteam
DNS1
MM$
DownSteam
DNS2
MM$
Support
SPRT
MM$
Mneumonic
O
G
Remark
OIL
GAS
50
0.00
1999 Base Yr. MM$
$/bbl or $/MCF
4
4.50
% per Year of Initial Cost

6
W
E
P
I
D
S
V
C
H
DR
SR
WO
WJ
DC
DH
WS
SJ
TT
TJ
FL
CP
CW
ES
EJ
PN
PF
GOSP
GGCF
WCHF
WIPL
ALFT
GICP
UPS1
UPS2
PPLN
DNS1
DNS2
SPRT
FSCND
24WPF
12WPF
8-WFP
6-WPF
4-WPF
TRIPD
MLS
TIEPF
PFUFD
WATER
Evaluation
Producer
Injector
Disposal
Supply
Evaluation Well
Conventional
Horizontal
Drilling
Spend Rate
Work Over (W/O)
W/O Jobs/Yr
Days - Conv
Days - Hori
Well Service
Well Srvc Jobs/Yr
Well Test
Well Test Jobs/Yr
Flowline (F/L)
Cost P-Type (OP, GP & EV)
Cost W-Type (WI, GI, WD & WS)
ESP Installed
ESP W/O Cost/Well
% Number
Platform (P/F)
Gas Oil Seperation Plant
Gas Gathering & Crude Handling Facilities
Wet Crude Handling Facilities
Water Injection Plant
Artificial Lift Facility
Gas Injection & Crude Processing
Other UpStream -1
Other UpStream -2
Pipelines
Other DownStream -1
Other DownStream -2
General Support Facilties
Free Standing Condutor
24-Well Platform
12-Well Platform
8-Well Platform
6-Well Platform
4-Well Platform
Tripod Platform
MLS Slot
Tie-In P/F
P/F-Type Used For Field Development
Mneumonic
SR
SR
DC
DH
TT
CP
CW
SR
SR
DC
DH
TT
CP
CW
EJ
SJ
TJ
WJ
7
Mneumonic
C
C
C
C
C
C
C
H
H
H
H
H
H
H
C
C
C
BASIS COST DATA - WORK OVERS ETC.

REMARK
On-Land DRSR Drilling Spend Rate
On-Land WOSR Work Over (W/O) Spend Rate
On-Land WODC Work Over (W/O) Days - Conv
On-Land WODH Work Over (W/O) Days - Hori
On-Land WSTT Well Service Well Test
On-Land FLCP Flowline (F/L) Cost P-Type (OP, GP & EV)
On-Land FLCW Flowline (F/L) Cost W-Type (WI, GI, WD & WS)
Offshore DRSR Drilling Spend Rate
Offshore WOSR Work Over (W/O) Spend Rate
Offshore WODC Work Over (W/O) Days - Conv
Offshore WODH Work Over (W/O) Days - Hori
Offshore WSTT Well Service Well Test
Offshore FLCP Flowline (F/L) Cost P-Type (OP, GP & EV)
Offshore FLCW Flowline (F/L) Cost W-Type (WI, GI, WD & WS)
ESEJ=> ESP Installed ESP W/O Cost/Well
PNSJ=> % Number Well Srvc Jobs/Yr
PNTJ=> % Number Well Test Jobs/Yr
PNWJ=> % Number W/O Jobs/Yr
8
BASIS COST DATA - DRILLING

REMARK
On-Land OPC OIL Producer Conventional
On-Land GPC GAS Producer Conventional
On-Land GIC GAS Injector Conventional
On-Land WIC WATER Injector Conventional
On-Land WDC WATER Disposal Conventional
On-Land WSC WATER Supply Conventional
On-Land EVC Evaluation Evaluation Well Conventional
On-Land OPH OIL Producer Horizontal
On-Land GPH GAS Producer Horizontal
On-Land GIH GAS Injector Horizontal
On-Land WIH WATER Injector Horizontal
On-Land WDH WATER Disposal Horizontal
On-Land WSH WATER Supply Horizontal
On-Land EVH Evaluation Evaluation Well Horizontal
Offshore OPC OIL Producer Conventional
Offshore GPC GAS Producer Conventional
Offshore GIC GAS Injector Conventional
C
C
C
C
H
H
H
H
H
H
H
7
Mneumonic
24WPF
12WPF
8-WFP
6-WPF
4-WPF
TRIPD
MLS
FSCND
TIEPF
7
Offshore WIC WATER Injector Conventional

Offshore WDC WATER Disposal Conventional
Offshore WSC WATER Supply Conventional
Offshore EVC Evaluation Evaluation Well Conventional
Offshore OPH OIL Producer Horizontal
Offshore GPH GAS Producer Horizontal
Offshore GIH GAS Injector Horizontal
Offshore WIH WATER Injector Horizontal
Offshore WDH WATER Disposal Horizontal
Offshore WSH WATER Supply Horizontal
Offshore EVH Evaluation Evaluation Well Horizontal
8
BASIS COST DATA - PATFORM & FLOWLINE COSTS

REMARK
24-Well Platform
12-Well Platform
8-Well Platform
6-Well Platform
4-Well Platform
Tripod Platform
MLS Slot
Free Standing Condutor
Tie-In P/F
8
BASIS COST DATA - FACILITY COST

Mneumonic
GOSP
GGCF
WCHF
WIPL
ALFT
GICP
UPS1
UPS2
PPLN
DNS1
DNS2
SPRT
per Year of Initial Cost

7
REMARK
Gas Oil Seperation Plant
Gas Gathering & Crude Handling Facilities
Wet Crude Handling Facilities
Water Injection Plant
Artificial Lift Facility
Gas Injection & Crude Processing
Other UpStream -1
Other UpStream -2
Pipelines
Other DownStream -1
Other DownStream -2
General Support Facilties
TABLE - 13
Location
On-Land
On-Land
On-Land
On-Land
On-Land
On-Land
On-Land
On-Land
On-Land
On-Land
On-Land
On-Land
On-Land
On-Land
Offshore
Offshore
Offshore
Offshore
Offshore
Offshore
Offshore
Offshore
Offshore
Offshore
Offshore
Offshore
Offshore
Offshore
Well-Type
OPC
OPH
GPC
GPH
GIC
GIH
WIC
WIH
WDC
WDH
WSC
WSH
EVC
EVH
OPC
OPH
GPC
GPH
GIC
GIH
WIC
WIH
WDC
WDH
WSC
WSH
EVC
EVH
UNIT
# Wells/FLs
# Wells/FLs
# Wells/FLs
# Wells/FLs
# Wells/FLs
# Wells/FLs
# Wells/FLs
# Wells/FLs
# Wells/FLs
# Wells/FLs
# Wells/FLs
# Wells/FLs
# Wells/FLs
# Wells/FLs
# Wells
# Wells
# Wells
# Wells
# Wells
# Wells
# Wells
# Wells
# Wells
# Wells
# Wells
# Wells
# Wells
# Wells
Existing
Location
On-Land
On-Land
On-Land
On-Land
On-Land
On-Land
On-Land
On-Land
On-Land
On-Land
On-Land
On-Land
On-Land
On-Land
Offshore
Offshore
Offshore
Offshore
Offshore
Offshore
Offshore
Offshore
Offshore
Offshore
Offshore
Offshore
Offshore
Well-Type
OPC
OPH
GPC
GPH
GIC
GIH
WIC
WIH
WDC
WDH
WSC
WSH
EVC
EVH
OPC
OPH
GPC
GPH
GIC
GIH
WIC
WIH
WDC
WDH
WSC
WSH
EVC
UNIT
Rig-Yrs
Rig-Yrs
Rig-Yrs
Rig-Yrs
Rig-Yrs
Rig-Yrs
Rig-Yrs
Rig-Yrs
Rig-Yrs
Rig-Yrs
Rig-Yrs
Rig-Yrs
Rig-Yrs
Rig-Yrs
Rig-Yrs
Rig-Yrs
Rig-Yrs
Rig-Yrs
Rig-Yrs
Rig-Yrs
Rig-Yrs
Rig-Yrs
Rig-Yrs
Rig-Yrs
Rig-Yrs
Rig-Yrs
Rig-Yrs
Existing
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
371
6
5
6
3
4
3
4
68
1999
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.21
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.07
2000
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.26
0.58
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.14
2001
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.16
0.38
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
2002
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.16
0.38
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.14
2010
2011
2012
2013
2014 Total BP
5
7
6
6
6
6
5
7
2
8
2
8
4
11
4
11
1
2
5
2
3
2
3
2003
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.14
2004
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.26
0.67
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.14
2005
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.31
0.58
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.14
2006
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.31
0.58
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.14
2007
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.26
0.67
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.14
2008
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.06
0.00
0.00
0.00
0.00
0.00
0.10
0.77
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.21
2009
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.10
0.77
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.21
2010
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.06
0.00
0.00
0.00
0.00
0.00
0.21
1.05
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.07
2011
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.21
1.05
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
2012
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.06
0.00
0.00
0.00
0.00
0.07
0.10
0.48
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.07
2013
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.10
0.29
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.07
Page 23 of 176
0
0
0
0
0
0
0
0
0
0
0
0
0
0
16
21
0
0
0
0
0
0
0
0
0
0
8
0
2014 Total BP
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.06
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.10
0.83
0.29
2.01
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.07
0.55
Offshore
EVH
Rig-Yrs
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
TABLE - 12A
Location
On-Land
On-Land
On-Land
On-Land
On-Land
On-Land
On-Land
On-Land
On-Land
On-Land
On-Land
On-Land
On-Land
On-Land
Offshore
Offshore
Offshore
Offshore
Offshore
Offshore
Offshore
Offshore
Offshore
Offshore
Offshore
Offshore
Offshore
Offshore
Well-Type
OPC
OPH
GPC
GPH
GIC
GIH
WIC
WIH
WDC
WDH
WSC
WSH
EVC
EVH
OPC
OPH
GPC
GPH
GIC
GIH
WIC
WIH
WDC
WDH
WSC
WSH
EVC
EVH
UNIT
Base Yr (MM$)
Base Yr (MM$)
Base Yr (MM$)
Base Yr (MM$)
Base Yr (MM$)
Base Yr (MM$)
Base Yr (MM$)
Base Yr (MM$)
Base Yr (MM$)
Base Yr (MM$)
Base Yr (MM$)
Base Yr (MM$)
Base Yr (MM$)
Base Yr (MM$)
Base Yr (MM$)
Base Yr (MM$)
Base Yr (MM$)
Base Yr (MM$)
Base Yr (MM$)
Base Yr (MM$)
Base Yr (MM$)
Base Yr (MM$)
Base Yr (MM$)
Base Yr (MM$)
Base Yr (MM$)
Base Yr (MM$)
Base Yr (MM$)
Base Yr (MM$)
Existing
1999
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
7.2
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
2.4
0.0
2000
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
9.0
20.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
4.8
0.0
2001
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
5.4
13.3
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
2002
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
5.4
13.3
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
4.8
0.0
2003
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
4.8
0.0
2004
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
9.0
23.3
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
4.8
0.0
2005
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
10.9
20.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
4.8
0.0
2006
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
10.9
20.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
4.8
0.0
2007
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
9.0
23.3
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
4.8
0.0
2008
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
1.4
0.0
0.0
0.0
0.0
0.0
3.6
26.7
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
7.1
0.0
2009
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
3.6
26.7
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
7.1
0.0
2010
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
1.4
0.0
0.0
0.0
0.0
0.0
7.2
36.7
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
2.4
0.0
2011
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
7.2
36.7
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
2012
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
1.4
0.0
0.0
0.0
0.0
1.5
3.6
16.7
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
2.4
0.0
2013
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
3.6
10.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
2.4
0.0
2014 Total BP
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
1.4
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
3.6
28.9
10.0
70.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
2.4
19.0
0.0
0.0
Unit
# Wells
# Wells
# Wells
Existing
1999
0
5
5
2000
0
13
13
2001
0
7
7
2002
0
9
9
2003
0
2
2
2004
0
14
14
2005
0
14
14
2006
0
14
14
2007
0
14
14
2008
1
13
14
2009
0
13
13
2010
1
16
17
2011
0
15
15
2012
2
8
10
2013
0
6
6
2014 Total BP
1
0
6
45
7
45
0.00
0.28
0.28
0.00
0.97
0.97
0.00
0.54
0.54
0.00
0.68
0.68
0.00
0.14
0.14
0.00
1.07
1.07
0.00
1.02
1.02
0.00
1.02
1.02
0.00
1.07
1.07
0.06
1.08
1.14
0.00
1.08
1.08
0.06
1.33
1.39
0.00
1.26
1.26
0.13
0.65
0.78
0.00
0.46
0.46
0.06
0.46
0.52
0.00
3.39
3.39
CAPEX (MM$)
CAPEX (MM$)
CAPEX (MM$)
0.0
9.6
9.6
0.0
33.8
33.8
0.0
18.8
18.8
0.0
23.5
23.5
0.0
4.8
4.8
0.0
37.1
37.1
0.0
35.6
35.6
0.0
35.6
35.6
0.0
37.1
37.1
1.4
37.4
38.8
0.0
37.4
37.4
1.4
46.3
47.7
0.0
43.9
43.9
3.0
22.7
25.6
0.0
16.0
16.0
1.4
16.0
17.4
0.0
118.0
118.0
On-Land
FLs P-(OP,GP,EV) CAPEX (MM$)
On-Land
FLs W-(WI,GI,WD& CAPEX (MM$)
Offshore
FLs P-(OP,GP,EV) CAPEX (MM$)
Offshore
FLs W-(WI,GI,WD& CAPEX (MM$)
On-Land+Offshore Sub-Total F/Ls
CAPEX (MM$)
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
3.0
0.0
0.0
3.0
0.0
0.0
0.0
0.0
0.0
0.0
3.0
0.0
0.0
3.0
0.0
0.0
0.0
0.0
0.0
0.8
3.0
0.0
0.0
3.8
0.0
0.0
0.0
0.0
0.0
0.0
3.0
0.0
0.0
3.0
0.0
0.0
0.0
0.0
0.0
TOTAL Base-Yr
CUMM Base-Yr
TOTAL Base-Yr
CUMM Base-Yr
CUMM Base-Yr
0.0
0.0
9.6
9.6
9.6
0.0
0.0
33.8
43.4
43.4
0.0
0.0
18.8
62.2
62.2
0.0
0.0
23.5
85.7
85.7
0.0
0.0
4.8
90.4
90.4
0.0
0.0
37.1
127.6
127.6
0.0
0.0
35.6
163.2
163.2
0.0
0.0
35.6
198.8
198.8
0.0
0.0
37.1
235.9
235.9
4.4
4.4
37.4
273.3
277.8
0.0
4.4
37.4
310.8
315.2
4.4
8.8
46.3
357.0
365.9
0.0
8.8
43.9
400.9
409.8
6.8
15.6
22.7
423.6
439.2
0.0
15.6
16.0
439.6
455.2
4.4
20.0
16.0
455.6
475.6
0.0
0.0
118.0
409.3
409.3
Location
Parameter
On-Land
Sub-Total
Offshore
Sub-Total
On-Land&Offshore
TOTAL
On-Land
Sub-Total
RIG-YRS
Offshore
Sub-Total
RIG-YRS
On-Land&Offshore
TOTAL RIG-YRS
On-Land
Wells
Offshore
Wells
On-Land+Offshore Sub-Total Wells
On-Land Wells & F CAPEX (MM$)

On-Land Wells & F CAPEX (MM$)
Offshore Wells & F CAPEX (MM$)
Offshore Wells & F CAPEX (MM$)
Wells & F/Ls
CAPEX (MM$)
0
445
445
Page 24 of 176
Total New
Total ALL
0
0
0
0
0
0
0
0
4
0
0
0
0
1
426
95
0
0
0
0
0
0
0
0
0
0
93
0
X
O
O
G
G
G
G
W
W
W
W
W
W
E
E
O
O
G
G
G
G
W
W
W
W
W
W
E
E
Y
P
P
P
P
I
I
I
I
D
D
S
S
V
V
P
P
P
P
I
I
I
I
D
D
S
S
V
V
Z
C
H
C
H
C
H
C
H
C
H
C
H
C
H
C
H
C
H
C
H
C
H
C
H
C
H
C
H
Total New
Total ALL
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.25
0.25
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.07
0.07
2.86
2.86
8.53
8.53
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
1.71
1.71
X
O
O
G
G
G
G
W
W
W
W
W
W
E
E
O
O
G
G
G
G
W
W
W
W
W
W
E
Y
P
P
P
P
I
I
I
I
D
D
S
S
V
V
P
P
P
P
I
I
I
I
D
D
S
S
V
Z
C
H
C
H
C
H
C
H
C
H
C
H
C
H
C
H
C
H
C
H
C
H
C
H
C
H
C
0
0
0
0
0
0
0
0
4
0
0
0
0
1
55
89
0
0
0
0
0
0
0
0
0
0
25
0
Page 25 of 176
0.00
0.00
Total New
Total ALL
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
5.7
5.7
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
1.5
1.5
99.5
99.5
296.6
296.6
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
59.5
59.5
0.0
0.0
X
O
O
G
G
G
G
W
W
W
W
W
W
E
E
O
O
G
G
G
G
W
W
W
W
W
W
E
E
Y
P
P
P
P
I
I
I
I
D
D
S
S
V
V
P
P
P
P
I
I
I
I
D
D
S
S
V
V
Z
C
H
C
H
C
H
C
H
C
H
C
H
C
H
C
H
C
H
C
H
C
H
C
H
C
H
C
H
Total New
5
169
174
Total ALL
5
614
619
0.32
13.11
13.43
7.2
455.6
462.8
0.8
12.0
0.0
0.0
12.8
20.0
20.0
455.6
455.6
475.6
Page 26 of 176
TABLE - 11
Drilling, On-Land F/Ls & Well W/Os & Servicing Cost (Base-Year 1999 MM$)
Procedure to Estimate the Number of Well W/Os & Well Servincing & Testing Jobs
Location
On-Land
On-Land
Offshore
Offshore
On-Land
On-Land
Offshore
Offshore
On-Land
On-Land
Offshore
Offshore
On-Land
On-Land
Offshore
Offshore
On-Land
On-Land
Offshore
Offshore
Well-Type
C
H
C
H
C
H
C
H
C
H
C
H
C
H
C
H
C
H
C
H
Activity
# Active Wells
# Active Wells
# Active Wells
# Active Wells
# A-Lift Wells
# A-Lift Wells
# A-Lift Wells
# A-Lift Wells
# Well W/Os
# Well W/Os
# Well W/Os
# Well W/Os
# Well Test
# Well Test
# Well Test
# Well Test
# Well Srvc
# Well Srvc
# Well Srvc
# Well Srvc
Existing
Location
On-Land
Offshore
On-Land
Offshore
On-Land
Offshore
On-Land
Offshore
On-Land
Offshore
Total
Total
Total
Total
Total
Total
Total
Total
Total
Total
Total
Acitvity
# Active Wells
# Active Wells
# A-Lift Wells
# A-Lift Wells
# Well W/Os
# Well W/Os
# Well Test
# Well Test
# Well Srvc
# Well Srvc
Existing
0
0
371
6
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
377
0
0
0
0
0
0
0
0
1999
0
0
375
6
0
0
0
0
0
0
11
0
0
0
18
0
0
0
37
0
2000
0
0
380
12
0
0
0
0
0
0
11
0
0
0
19
0
0
0
38
1
2001
0
0
383
16
0
0
0
0
0
0
11
0
0
0
19
0
0
0
38
1
1999
0
381
0
0
0
11
0
18
0
37
2000
0
392
0
0
0
11
0
19
0
39
2001
0
399
0
0
0
11
0
19
0
39
Use to overide the PROCEDURE TO ESTIMATE THE NUMBER OF WELL WORKOVERS AND WELL SERVICING & TESTIN
Location
Well Type
Activity
Existing
1999
2000
2001
On-Land
C
# A-Lift Wells
0
On-Land
H
# A-Lift Wells
0
Offshore
C
# A-Lift Wells
0
Offshore
H
# A-Lift Wells
0
On-Land
On-Land
Offshore
Offshore
On-Land
On-Land
Offshore
Offshore
On-Land
On-Land
Offshore
Offshore
C
H
C
H
C
H
C
H
C
H
C
H
# Well W/Os
# Well W/Os
# Well W/Os
# Well W/Os
# Well Test
# Well Test
# Well Test
# Well Test
# Well Srvc
# Well Srvc
# Well Srvc
# Well Srvc
0
0
0
0
0
0
0
0
0
0
0
0
Location
On-Land
Offshore
On-Land
Offshore
On-Land
Offshore
On-Land
Offshore
Activity
W/Os
W/Os
A-LIFT
A-LIFT
Well Test
Well Test
Well Srvc
Well Srvc
OPEX (MM$)
OPEX (MM$)
OPEX (MM$)
OPEX (MM$)
OPEX (MM$)
OPEX (MM$)
OPEX (MM$)
OPEX (MM$)
OPEX (MM$)
Base-Yr
Base-Yr
Base-Yr
Base-Yr
Base-Yr
Base-Yr
Base-Yr
Base-Yr
Base-Yr
1999
0.0
5.9
0.0
0.0
0.0
0.7
0.0
1.5
2000
0.0
5.9
0.0
0.0
0.0
0.8
0.0
1.6
2001
0.0
5.9
0.0
0.0
0.0
0.8
0.0
1.6
On-Land
Offshore
Sub-Total Base-Yr OPEX (MM$)

Sub-Total Base-Yr OPEX (MM$)
Base-Yr
Base-Yr
0.0
8.1
0.0
8.2
0.0
8.2
Well W/O etc.

Well W/O etc.
TOTAL Base-Yr
CUMM Base-Yr
OPEX (MM$)
OPEX (MM$)
Base-Yr
Base-Yr
8.1
8.1
8.2
16.3
8.2
24.5
CAPEX+OPEX
CAPEX+OPEX
TOTAL Base-Yr
CUMM Base-Yr
(MM$)
(MM$)
Base-Yr
Base-Yr
8.1
8.1
8.2
16.3
8.2
24.5
All
All
OPEX
OPEX
Escalation
Escalation
Rate (%)
Factor
1.00
1.00
1.00
1.01
1.00
1.02
2002
0
0
386
20
0
0
0
0
0
0
11
0
0
0
19
1
0
0
38
2
2003
0
0
386
20
0
0
0
0
0
0
11
0
0
0
19
1
0
0
38
2
2004
0
0
391
27
0
0
0
0
0
0
11
0
0
0
19
1
0
0
39
2
2005
0
0
397
33
0
0
0
0
0
0
11
0
0
0
19
1
0
0
39
3
2006
0
0
403
39
0
0
0
0
0
0
12
1
0
0
20
1
0
0
40
3
2007
0
0
408
46
0
0
0
0
0
0
12
1
0
0
20
2
0
0
40
4
2008
1
0
410
54
0
0
0
0
0
0
12
1
0
0
20
2
0
0
41
5
2009
1
0
412
62
0
0
0
0
0
0
12
1
0
0
20
3
0
0
41
6
2010
2
0
416
73
0
0
0
0
0
0
12
2
0
0
20
3
0
0
41
7
2002
0
406
0
0
0
11
0
20
0
40
2003
0
406
0
0
0
11
0
20
0
40
2004
0
418
0
0
0
11
0
20
0
41
2005
0
430
0
0
0
11
0
20
0
42
2006
0
442
0
0
0
13
0
21
0
43
2007
0
454
0
0
0
13
0
22
0
44
2008
1
464
0
0
0
13
0
22
0
46
2009
1
474
0
0
0
13
0
23
0
47
2010
2
489
0
0
0
14
0
23
0
48
D WELL SERVICING & TESTING JOBS - WELL WORKOVERS should specific # of wells information be available.
2002
2003
2004
2005
2006
2007
2008
2009
2010
2002
0.0
5.9
0.0
0.0
0.0
0.8
0.0
1.6
2003
0.0
5.9
0.0
0.0
0.0
0.8
0.0
1.6
2004
0.0
5.9
0.0
0.0
0.0
0.8
0.0
1.6
2005
0.0
5.9
0.0
0.0
0.0
0.8
0.0
1.7
2006
0.0
8.4
0.0
0.0
0.0
0.8
0.0
1.7
2007
0.0
8.4
0.0
0.0
0.0
0.9
0.0
1.8
2008
0.0
8.4
0.0
0.0
0.0
0.9
0.0
1.8
2009
0.0
8.4
0.0
0.0
0.0
0.9
0.0
1.9
2010
0.0
10.4
0.0
0.0
0.0
0.9
0.0
1.9
0.0
8.3
0.0
8.3
0.0
8.3
0.0
8.4
0.0
11.0
0.0
11.1
0.0
11.2
0.0
11.2
0.0
13.3
8.3
32.8
8.3
41.1
8.3
49.4
8.4
57.8
11.0
68.8
11.1
79.9
11.2
91.1
11.2
102.3
13.3
115.6
8.3
32.8
8.3
41.1
8.3
49.4
8.4
57.8
11.0
68.8
11.1
79.9
15.6
95.5
11.2
106.7
17.7
124.4
1.00
1.03
1.00
1.04
1.00
1.05
1.00
1.06
1.00
1.07
1.00
1.08
1.00
1.09
1.00
1.10
1.00
1.12
2011
2
0
420
84
0
0
0
0
0
0
12
2
0
0
21
4
0
0
42
8
2012
3
0
422
89
0
0
0
0
0
0
12
2
0
0
21
4
0
0
42
8
2013
3
0
424
92
0
0
0
0
0
0
12
2
0
0
21
4
0
0
42
9
2014 Total BP
Total New Total ALL
4
0
4
4
0
0
0
0
426
391
426
426
95
27
95
95
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
12
55
185
185
2
0
14
14
0
0
0
0
0
0
0
0
21
95
316
316
4
3
31
31
0
0
0
0
0
0
0
0
42
191
638
638
9
8
70
70
X
C
H
C
H
C
H
C
H
C
H
C
H
C
H
C
H
C
H
C
H
2011
2
504
0
0
0
14
0
25
0
50
2012
3
511
0
0
0
14
0
25
0
50
2013
3
516
0
0
0
14
0
25
0
51
2014 Total BP
Total New Total ALL
4
0
4
4
521
418
521
521
0
0
0
0
0
0
0
0
0
0
0
0
14
55
199
199
0
0
0
0
25
98
347
347
0
0
0
0
51
199
708
708
T
T
T
T
T
T
T
T
T
T
o
o
o
o
o
o
o
o
o
o
2011
2012
2013
2014 Total BP
X
C
H
C
H
be available.
Total New
Total ALL
C
H
C
H
C
H
C
H
C
H
C
H
2011
0.0
10.4
0.0
0.0
0.0
1.0
0.0
2.0
2012
0.0
10.4
0.0
0.0
0.0
1.0
0.0
2.0
2013
0.0
10.4
0.0
0.0
0.0
1.0
0.0
2.0
2014 Total BP
Total New Total ALL
0.0
0.0
0.0
10.4
29.5
127.3
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
1.0
3.9
13.9
0.0
0.0
0.0
2.0
8.0
28.3
0.0
13.4
0.0
13.4
0.0
13.5
0.0
13.5
0.0
41.4
0.0
169.5
13.4
129.0
13.4
142.5
13.5
156.0
13.5
169.5
41.4
164.2
169.5
13.4
137.9
20.2
158.1
13.5
171.6
17.9
189.5
41.4
164.2
189.5
1.00
1.13
1.00
1.14
1.00
1.15
1.00
1.16
t
t
t
t
t
t
t
t
t
t
TABLE - 10
Offshore P/F & F/L Requirements & Associated Costs (Base-Year 1999 & TC MM$)
PFUPD
6
LTYRS
2
TIPPF
12
EXCAX
0
P/F Type
24Well P/F
12Well P/F
8-Well P/F
6-Well P/F
4-Well P/F
Tripod P/F
MLS
FSC
Tie-In P/F
24Well P/F
12Well P/F
8-Well P/F
6-Well P/F
4-Well P/F
Tripod P/F
MLS
FSC
Tie-In P/F
24Well P/F
12Well P/F
8-Well P/F
6-Well P/F
4-Well P/F
Tripod P/F
MLS
FSC
Tie-In P/F
CAPEX
CAPEX
24Well P/F
12Well P/F
8-Well P/F
6-Well P/F
4-Well P/F
Tripod P/F
MLS
FSC
Tie-In P/F
Remark
Installed In Water
Installed In Water
Installed In Water
Installed In Water
Installed In Water
Installed In Water
Installed In Water
Installed In Water
Installed In Water
Timing for CAPEX
Timing for CAPEX
Timing for CAPEX
Timing for CAPEX
Timing for CAPEX
Timing for CAPEX
Timing for CAPEX
Timing for CAPEX
Timing for CAPEX
CAPEX
CAPEX
CAPEX
CAPEX
CAPEX
CAPEX
CAPEX
CAPEX
CAPEX
TOTAL
CUMM
CAPEX
CAPEX
CAPEX
CAPEX
CAPEX
CAPEX
CAPEX
CAPEX
CAPEX
UNIT
# P/Fs
# P/Fs
# P/Fs
# P/Fs
# P/Fs
# P/Fs
# P/Fs
# P/Fs
# P/Fs
# P/Fs
# P/Fs
# P/Fs
# P/Fs
# P/Fs
# P/Fs
# P/Fs
# P/Fs
# P/Fs
Base-Yr (MM$)
Base-Yr (MM$)
Base-Yr (MM$)
Base-Yr (MM$)
Base-Yr (MM$)
Base-Yr (MM$)
Base-Yr (MM$)
Base-Yr (MM$)
Base-Yr (MM$)
Base-Yr (MM$)
Base-Yr (MM$)
Nominal (MM$)
Nominal (MM$)
Nominal (MM$)
Nominal (MM$)
Nominal (MM$)
Nominal (MM$)
Nominal (MM$)
Nominal (MM$)
Nominal (MM$)
Existing
- # Slot P/F
-Lead Time Yrs
-# per 6- # Slot P/F
1=Yes Add, 0=No Add
P/F Type Planned Used For Field Development:

Lead Time Required for Constuction:
Number of Tie-In P/Fs per P/F Type Planned
Add CAPEX for Exixting P/Fs
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
0
0
0
0
0
0
0
0
0
0
1
0
0
0
0
0
0.0
0.0
0.0
27.0
0.0
0.0
0.0
0.0
0.0
27.0
27.0
0.0
0.0
0.0
27.0
0.0
0.0
0.0
0.0
0.0
0
0
0
0
2
0
0
0
0
0
1
0
0
2
0
0
0.0
0.0
0.0
27.0
0.0
0.0
1.8
0.0
0.0
28.8
55.8
0.0
0.0
0.0
27.5
0.0
0.0
1.8
0.0
0.0
0
1
0
0
0
0
0
0
0
0
0
0
0
2
0
0
0.0
0.0
0.0
0.0
0.0
0.0
1.8
0.0
0.0
1.8
57.6
0.0
0.0
0.0
0.0
0.0
0.0
1.9
0.0
0.0
0
1
0
0
2
0
0
0
0
0
2
0
0
2
0
0
0.0
0.0
0.0
54.0
0.0
0.0
1.8
0.0
0.0
55.8
113.4
0.0
0.0
0.0
57.3
0.0
0.0
1.9
0.0
0.0
0
0
0
0
2
0
0
0
0
0
2
0
0
1
1
0
0.0
0.0
0.0
54.0
0.0
0.0
0.9
0.3
0.0
55.2
168.6
0.0
0.0
0.0
58.5
0.0
0.0
1.0
0.3
0.0
0
2
0
0
2
0
0
0
0
0
2
0
0
0
2
0
0.0
0.0
0.0
54.0
0.0
0.0
0.0
0.6
0.0
54.6
223.2
0.0
0.0
0.0
59.6
0.0
0.0
0.0
0.7
0.0
0
2
0
0
1
1
0
0
0
0
2
0
0
0
2
1
0.0
0.0
0.0
54.0
0.0
0.0
0.0
0.6
62.0
116.6
339.8
0.0
0.0
0.0
60.8
0.0
0.0
0.0
0.7
69.8
0
2
0
0
0
2
0
0
0
0
2
0
0
0
3
0
0.0
0.0
0.0
54.0
0.0
0.0
0.0
0.9
0.0
54.9
394.7
0.0
0.0
0.0
62.0
0.0
0.0
0.0
1.0
0.0
0
2
0
0
0
2
1
0
0
0
2
0
0
0
3
0
0.0
0.0
0.0
54.0
0.0
0.0
0.0
0.9
0.0
54.9
449.6
0.0
0.0
0.0
63.3
0.0
0.0
0.0
1.1
0.0
0
2
0
0
0
3
0
0
0
0
3
0
0
0
1
0
0.0
0.0
0.0
81.0
0.0
0.0
0.0
0.3
0.0
81.3
530.9
0.0
0.0
0.0
96.8
0.0
0.0
0.0
0.4
0.0
Page 35 of 176
CAPEX
CAPEX
TOTAL
CUMM
Nominal (MM$)
Nominal (MM$)
27.0
27.0
Page 36 of 176
29.4
56.4
1.9
58.2
59.2
117.5
59.8
177.2
60.3
237.5
131.3
368.8
63.1
431.9
64.3
496.2
97.2
593.4
2009
2010
2011
2012
2013
0
2
0
0
0
3
0
0
0
0
3
0
0
0
0
0
0.0
0.0
0.0
81.0
0.0
0.0
0.0
0.0
0.0
81.0
611.9
0.0
0.0
0.0
98.7
0.0
0.0
0.0
0.0
0.0
0
3
0
0
0
1
0
0
0
0
1
0
0
0
1
0
0.0
0.0
0.0
27.0
0.0
0.0
0.0
0.3
0.0
27.3
639.2
0.0
0.0
0.0
33.6
0.0
0.0
0.0
0.4
0.0
0
3
0
0
0
0
0
0
0
0
1
0
0
0
1
0
0.0
0.0
0.0
27.0
0.0
0.0
0.0
0.3
0.0
27.3
666.5
0.0
0.0
0.0
34.2
0.0
0.0
0.0
0.4
0.0
0
1
0
0
0
1
0
0
0
0
1
0
0
0
1
0
0.0
0.0
0.0
27.0
0.0
0.0
0.0
0.3
0.0
27.3
693.8
0.0
0.0
0.0
34.9
0.0
0.0
0.0
0.4
0.0
0
1
0
0
0
1
0
0
0
0
0
0
0
0
2
0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.6
0.0
0.6
694.4
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.8
0.0
Page 37 of 176
98.7
692.1
33.9
726.0
34.6
760.7
Page 38 of 176
35.3
796.0
0.8
796.8
TABLE - 9B
Type
GOSP
GGCF
WCHF
WIP
ALFT
GICP
UPS1
UPS2
PPLN
DNS1
DNS2
SPRT
TOTAL
CUMM
Location
UpStream
UpStream
UpStream
UpStream
UpStream
UpStream
UpStream
UpStream
DownSteam
DownSteam
DownSteam
Support
CAPEX
CAPEX
CAPEX
Base-Yr (MM$)
Base-Yr (MM$)
Base-Yr (MM$)
Base-Yr (MM$)
Base-Yr (MM$)
Base-Yr (MM$)
Base-Yr (MM$)
Base-Yr (MM$)
Base-Yr (MM$)
Base-Yr (MM$)
Base-Yr (MM$)
Base-Yr (MM$)
Base-Yr (MM$)
Base-Yr (MM$)
Existing
1999
2000
2001
2002
2003
2004
2005
50.0
125.0
75.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
50.0
50.0
125.0
175.0
75.0
250.0
0.0
250.0
0.0
250.0
0.0
250.0
2000
0.0
51.0
0.0
0.0
0.0
0.0
2001
0.0
130.1
0.0
0.0
0.0
0.0
2002
0.0
79.6
0.0
0.0
0.0
0.0
2003
0.0
0.0
0.0
0.0
0.0
0.0
2004
0.0
0.0
0.0
0.0
0.0
0.0
2005
0.0
0.0
0.0
0.0
0.0
0.0
TABLE - 9A
Schedule of Facility CAPEX - New & Upgrades (Nominal or Then-Current MM$)
Type
GOSP
GGCF
WCHF
WIP
ALFT
GICP
Location
UpStream
UpStream
UpStream
UpStream
UpStream
UpStream
CAPEX
Nominal (MM$)
Nominal (MM$)
Nominal (MM$)
Nominal (MM$)
Nominal (MM$)
Nominal (MM$)
Existing
1999
0.0
0.0
0.0
0.0
0.0
0.0
UPS1
UPS2
PPLN
DNS1
DNS2
SPRT
TOTAL
CUMM
UpStream
UpStream
DownSteam
DownSteam
DownSteam
Support
CAPEX
CAPEX
Nominal (MM$)
Nominal (MM$)
Nominal (MM$)
Nominal (MM$)
Nominal (MM$)
Nominal (MM$)
Nominal (MM$)
Nominal (MM$)
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
51.0
51.0
0.0
0.0
0.0
0.0
0.0
0.0
130.1
181.1
0.0
0.0
0.0
0.0
0.0
0.0
79.6
260.6
0.0
0.0
0.0
0.0
0.0
0.0
0.0
260.6
0.0
0.0
0.0
0.0
0.0
0.0
0.0
260.6
0.0
0.0
0.0
0.0
0.0
0.0
0.0
260.6
1999
3
0
0
0
0
0
0
0
0
0
0
0
2000
3
1
0
0
0
0
0
0
0
0
0
0
2001
3
1
0
0
0
0
0
0
0
0
0
0
2002
3
1
0
0
0
0
0
0
0
0
0
0
2003
3
1
0
0
0
0
0
0
0
0
0
0
2004
3
1
0
0
0
0
0
0
0
0
0
0
2005
3
1
0
0
0
0
0
0
0
0
0
0
2000
0
2001
0
2002
0
2003
0
2004
0
2005
0

Cumulative # of Unit Facilities Installed and/or Planned
Location
UpStream
UpStream
UpStream
UpStream
UpStream
UpStream
UpStream
UpStream
DownStream
DownStream
DownStream
Support
Cumm # Units
Cumm # Units
Cumm # Units
Cumm # Units
Cumm # Units
Cumm # Units
Cumm # Units
Cumm # Units
Cumm # Units
Cumm # Units
Cumm # Units
Cumm # Units
Cumm # Units
Type
GOSP
GGCF
WCHF
WIP
ALFT
GICP
UPS1
UPS2
PPLN
DNS1
DNS2
SPRT
Exixting
3
0
0
0
0
0
0
0
0
0
0
0

A-LIFT Schedule of Facility CAPEX - New & Upgrades (Base-Year 1999 MM$ )
S => South Area, E=> East Area, C => Central Area, N => North Area, W => West Area
A-LIFT
A-LIFT
A-LIFT
A-LIFT
A-LIFT
Facility Capex
Facility Capex
Facility Capex
Facility Capex
Facility Capex
Cum # Units
South Field
East Field
North Field
West Field
Base Yr
Installed
MM$
MM$
MM$
MM$
1999
0
A-LIFT
A-LIFT
Facility Capex
Facility Capex
TOTAL
CUMM
MM$
MM$
0
0
0
0
0
0
0
0
0
0
0
0
0
0

A-LIFT Schedule of Facility CAPEX - New & Upgrades (Nominal or Then-Current MM$)
S => South Area, E=> East Area, C => Central Area, N => North Area, W => West Area
A-LIFT
A-LIFT
A-LIFT
A-LIFT
A-LIFT
A-LIFT
A-LIFT
Facility Capex
Facility Capex
Facility Capex
Facility Capex
Facility Capex
Facility Capex
Facility Capex
Cum # Units
South Field
East Field
North Field
West Field
TOTAL
CUMM
Nominal
Installed
MM$
MM$
MM$
MM$
MM$
MM$
1999
0
0
0
0
0
0
0
2000
0
0
0
0
0
0
0
2001
0
0
0
0
0
0
0
2002
0
0
0
0
0
0
0
2003
0
0
0
0
0
0
0
2004
0
0
0
0
0
0
0
2005
0
0
0
0
0
0
0
Facilities
Facilities
CAPEX
CAPEX
Escalation
Escalation
Rate (%)
Factor
2.00
1.00
2.00
1.02
2.00
1.04
2.00
1.06
2.00
1.08
2.00
1.10
2.00
1.13
2006
2007
2008
2009
2010
2011
2012
2013
2014 Total BP
0.0
250.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
250.0
250.0
TOTAL
Total All
0.0
250.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
250.0
250.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
250.0
0.0
250.0
0.0
250.0
0.0
250.0
0.0
250.0
0.0
250.0
0.0
250.0
0.0
250.0
0.0
250.0
2006
0.0
0.0
0.0
0.0
0.0
0.0
2007
0.0
0.0
0.0
0.0
0.0
0.0
2008
0.0
0.0
0.0
0.0
0.0
0.0
2009
0.0
0.0
0.0
0.0
0.0
0.0
2010
0.0
0.0
0.0
0.0
0.0
0.0
2011
0.0
0.0
0.0
0.0
0.0
0.0
2012
0.0
0.0
0.0
0.0
0.0
0.0
2013
0.0
0.0
0.0
0.0
0.0
0.0
2014 Total BP
TOTAL
Total All
0.0
0.0
0.0
0.0
260.6
260.6
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
260.6
0.0
0.0
0.0
0.0
0.0
0.0
0.0
260.6
0.0
0.0
0.0
0.0
0.0
0.0
0.0
260.6
0.0
0.0
0.0
0.0
0.0
0.0
0.0
260.6
0.0
0.0
0.0
0.0
0.0
0.0
0.0
260.6
0.0
0.0
0.0
0.0
0.0
0.0
0.0
260.6
0.0
0.0
0.0
0.0
0.0
0.0
0.0
260.6
0.0
0.0
0.0
0.0
0.0
0.0
0.0
260.6
0.0
0.0
0.0
0.0
0.0
0.0
0.0
260.6
0.0
0.0
0.0
0.0
0.0
0.0
260.6
260.6
2006
3
1
0
0
0
0
0
0
0
0
0
0
2007
3
1
0
0
0
0
0
0
0
0
0
0
2008
3
1
0
0
0
0
0
0
0
0
0
0
2009
3
1
0
0
0
0
0
0
0
0
0
0
2010
3
1
0
0
0
0
0
0
0
0
0
0
2011
3
1
0
0
0
0
0
0
0
0
0
0
2012
3
1
0
0
0
0
0
0
0
0
0
0
2013
3
1
0
0
0
0
0
0
0
0
0
0
2014 Total BP
3
1
0
0
0
0
0
0
0
0
0
0
2006
0
2007
0
2008
0
2009
0
2010
0
2011
0
2012
0
2013
0
2014 Total BP
0
0.0
0.0
0.0
0.0
0.0
0.0
260.6
260.6
TOTAL
3
1
0
0
0
0
0
0
0
0
0
0
Total All
3
1
0
0
0
0
0
0
0
0
0
0
TOTAL
0
0
0
0
0
Total All
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2006
0
0
0
0
0
0
0
2007
0
0
0
0
0
0
0
2008
0
0
0
0
0
0
0
2009
0
0
0
0
0
0
0
2010
0
0
0
0
0
0
0
2011
0
0
0
0
0
0
0
2012
0
0
0
0
0
0
0
2013
0
0
0
0
0
0
0
2014 Total BP
0
0
0
0
0
0
0
2.00
1.15
2.00
1.17
2.00
1.20
2.00
1.22
2.00
1.24
2.00
1.27
2.00
1.29
2.00
1.32
2.00
1.35
0
0
0
0
TOTAL
0
0
0
0
0
0
0
Total All
0
0
0
0
0
0
0
TABLE - 7A
Undiscounted CF [Discounted at Rate (%) =]
0
OIL
GAS
OIL
GAS
OIL
GAS
OIL
GAS
TOTAL
CAPEX
CAPEX
CAPEX
CAPEX
CAPEX
CAPEX
OPEX
OPEX
OPEX
OPEX
PROJECT
PROJECT
Ave OIL
Ave OIL
Oil Prod
Oil Prod
Total Cost
Total Cost
B/E Oil Price
B/E Oil Price
Prod Rate
Prod Rate
Production
Production
PRICE
PRICE
REVENUE
REVENUE
REVENUE
On-Land
On-Land
Offshore
Offshore
Offshore
TOTAL
Oil Prod
Oil Prod
Oil Prod
Oil Prod
Oil Rate
CAPEX+OPEX
CAPEX+OPEX
REVENUE
Un-Dscntd
Un-Dscntd
Dscntd @ 0 %
Dscntd @ 0 %
Dscntd @ 0%
Dscntd @ 0 %
Dscntd @ 0 %
Dscntd @ 0%
ANNUAL
ANNUAL
Base-Yr
Base-Yr
Wells
F/Ls
Wells
P/Fs&F/Ls
Facilities
Fixed
Variable
Carried
TOTAL
Net Cash Flow
Net Present Value
Unit Prod Cost
Unit Prod Cost
B/E Oil Price @ 0 %

B/E Oil Price @ 0 %
NCF
NPV
Annual
CUMM
Annual
CUMM
Annual
CUMM
Annual
CUMM
P/O Flag
Annual
Cumulative
Annual
Cumulative
Annual
Annual
Cumulative
MBCD
MMSCFD
MMSTB
BSCF
($/bbl)
$/MCF
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
($/bbl)
($/bbl)
MMSTB
MMSTB
MM$
MM$
($/bbl)
($/bbl)
1999
700
119
256
46
21.20
5.75
5,416.6
264.0
5,680.6
0.0
0.0
9.6
27.0
0.0
36.6
33.8
24.2
251.0
308.9
5,335.1
5,335.1
1.35
1.35
256
256
345.5
345.5
1.35
1.35
2000
700
133
256
46
21.20
5.75
5,416.6
265.2
5,681.8
0.0
0.0
33.8
28.8
50.0
112.6
42.8
24.8
293.0
360.6
5,208.7
10,543.8
1.85
1.60
256
511
473.2
818.7
1.87
1.61
(MMSTB)
(MMSTB)
(MMSTB)
(MMSTB)
(MBCD)
(MM$)
(MM$)
($/boe)
1999
256
256
256
256
700
345
345
55.01
2000
256
511
256
511
700
473
819
55.01
PROJECT
Net Cash Flow
Real DCF Rate of Return
Payout =
NCF
IRR=
GRR=
RT=
#N/A
MM$
5335
#DIV/0!
16.7%
#DIV/0!
5209
263.0%
2001
700
136
256
50
21.20
5.75
5,416.6
286.1
5,702.7
0.0
0.0
18.8
1.8
125.0
145.6
42.8
25.1
294.1
361.9
5,195.2
15,739.0
1.99
1.73
256
767
507.5
1,326.2
2.03
1.75
2002
700
137
256
50
21.20
5.75
5,416.6
288.0
5,704.6
0.0
0.0
23.5
55.8
75.0
154.3
42.8
25.3
295.3
363.4
5,186.9
20,926.0
2.03
1.80
256
1,022
517.7
1,843.9
2.10
1.84
P/O
2001
256
767
256
767
700
507
1,326
55.01
2003
700
137
256
51
21.20
5.75
5,416.6
290.6
5,707.2
0.0
0.0
4.8
55.2
0.0
60.0
42.8
25.5
296.1
364.4
5,282.8
26,208.7
1.66
1.78
256
1,278
424.4
2,268.2
1.74
1.82
P/O
2002
256
1,022
256
1,022
700
518
1,844
55.01
2004
700
138
256
51
21.20
5.75
5,416.6
291.9
5,708.5
0.0
0.0
37.1
54.6
0.0
91.7
42.8
25.8
297.2
365.7
5,251.1
31,459.8
1.79
1.78
256
1,533
457.4
2,725.7
1.87
1.83
P/O
2003
256
1,278
256
1,278
700
424
2,268
55.01
2005
700
139
256
50
21.20
5.75
5,416.6
289.5
5,706.1
0.0
0.0
35.6
116.6
0.0
152.2
42.8
26.0
298.3
367.0
5,186.9
36,646.7
2.03
1.81
256
1,789
519.2
3,244.9
2.17
1.88
P/O
2004
256
1,533
256
1,533
700
457
2,726
55.01
2006
700
139
256
54
21.20
5.75
5,416.6
312.0
5,728.6
0.0
0.0
35.6
54.9
0.0
90.5
42.8
28.8
310.6
382.1
5,256.0
41,902.7
1.85
1.82
256
2,044
472.6
3,717.5
1.98
1.89
P/O
2005
256
1,789
256
1,789
700
519
3,245
55.01
2007
700
140
256
50
21.20
5.75
5,416.6
289.0
5,705.6
0.0
0.0
37.1
54.9
0.0
92.0
42.8
29.1
311.8
383.6
5,229.9
47,132.6
1.86
1.82
256
2,300
475.7
4,193.2
2.02
1.90
P/O
2006
256
2,044
256
2,044
700
473
3,717
55.01
2008
700
141
256
52
21.20
5.75
5,416.6
296.9
5,713.5
1.4
3.0
37.4
81.3
0.0
123.1
42.8
29.3
313.1
385.2
5,205.1
52,337.7
1.99
1.84
256
2,555
508.3
4,701.5
2.19
1.93
P/O
2007
256
2,300
256
2,300
700
476
4,193
55.01
2008
256
2,555
256
2,555
700
508
4,702
55.01
5195
5187
5283
5251
5187
5256
5230
5205
127.7%
83.8%
63.3%
50.6%
41.8%
35.8%
31.3%
27.7%
2009
700
141
256
52
21.20
5.75
5,416.6
298.4
5,715.0
0.0
0.0
37.4
81.0
0.0
118.4
42.8
29.6
314.4
386.8
5,209.8
57,547.5
1.98
1.85
256
2,811
505.2
5,206.7
2.20
1.96
P/O
2010
700
142
256
52
21.20
5.75
5,416.6
296.9
5,713.5
1.4
3.0
46.3
27.3
0.0
78.0
42.8
31.9
324.3
398.9
5,236.6
62,784.1
1.87
1.85
256
3,066
476.9
5,683.6
2.07
1.97
P/O
2009
256
2,811
256
2,811
700
505
5,207
55.01
2011
700
143
256
52
21.20
5.75
5,416.6
300.9
5,717.5
0.0
0.0
43.9
27.3
0.0
71.2
42.8
32.3
326.0
401.0
5,245.3
68,029.4
1.85
1.85
256
3,322
472.1
6,155.8
2.07
1.97
P/O
2010
256
3,066
256
3,066
700
477
5,684
55.01
2012
700
144
256
50
21.20
5.75
5,416.6
288.6
5,705.2
3.0
3.8
22.7
27.3
0.0
56.7
42.8
32.5
327.0
402.2
5,246.3
73,275.8
1.80
1.85
256
3,577
458.9
6,614.7
2.05
1.98
P/O
2011
256
3,322
256
3,322
700
472
6,156
55.01
2013
700
144
256
54
21.20
5.75
5,416.6
308.0
5,724.6
0.0
0.0
16.0
0.6
0.0
16.6
42.8
32.7
328.1
403.6
5,304.4
78,580.2
1.64
1.84
256
3,833
420.2
7,034.9
1.88
1.97
P/O
2012
256
3,577
256
3,577
700
459
6,615
55.01
2014 Total BP
TOTAL
700
1,278
4,088
145
248
809
256
1,278
4,088
53
247
812
21.20
5.75
5,416.6
27,083.0
86,665.6
303.4
1,421.9
4,669.5
5,720.0
28,504.9
91,335.1
1.4
0.0
7.2
3.0
0.0
12.8
16.0
118.0
455.6
0.0
196.2
694.4
0.0
250.0
250.0
20.4
564.2
1,420.0
42.8
213.8
675.0
32.9
126.6
455.8
329.2
1,475.7
4,909.3
404.9
1,816.0
6,040.1
5,294.7
26,124.7
83,874.9
83,874.9
104,877.3
712,324.1
1.66
3.40
1.82
1.82
3.17
15.49
256
1,278
4,088
4,088
5,110
4,088
425.3
2,380.2
7,460.2
7,460.2
8,982.6
63,340.8
1.92
3.51
1.97
1.97
3.23
1.97
P/O
2013
256
3,833
256
3,833
700
420
7,035
55.01
2014
256
4,088
256
4,088
700
425
7,460
55.01
1,278
4,088
5210
5237
5245
5246
5304
5295
24.9%
22.6%
20.7%
19.2%
17.8%
16.7%
50.6%
16.7%
Unit
MBCD
MMSCFD
MMSTB
BSCF
($/bbl)
$/MCF
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
($/bbl)
($/bbl)
MMSTB
MMSTB
MM$
MM$
($/bbl)
($/bbl)
(MMSTB)
(MMSTB)
(MMSTB)
(MMSTB)
(MBCD)
(MM$)
(MM$)
($/boe)
IRR=
GRR=
RT=
TABLE - 6
Nominal or Then-Current MM$ CF Forecast - (Escalated w.r.t. 1999 Base Year)
Undiscounted CF [Discounted at Rate (%) =]
0
OIL
GAS
OIL
GAS
OIL
GAS
OIL
GAS
TOTAL
CAPEX
CAPEX
CAPEX
CAPEX
CAPEX
CAPEX
OPEX
OPEX
OPEX
OPEX
PROJECT
PROJECT
Ave OIL
Ave OIL
Oil Prod
Oil Prod
Total Cost
Total Cost
B/E Oil Price
B/E Oil Price
Prod Rate
Prod Rate
Production
Production
PRICE
PRICE
REVENUE
REVENUE
REVENUE
On-Land
On-Land
Offshore
Offshore
Offshore
TOTAL
Oil Prod
Oil Prod
Oil Prod
Oil Prod
Oil Rate
CAPEX+OPEX
CAPEX+OPEX
REVENUE
Un-Dscntd
Un-Dscntd
Dscntd @ 0 %
Dscntd @ 0 %
Dscntd @ 0%
Dscntd @ 0 %
Dscntd @ 0 %
Dscntd @ 0%
PROJECT
Net Cash Flow
ANNUAL
ANNUAL
Nominal
Nominal
Wells
F/Ls
Wells
P/Fs&F/Ls
Facilities
Fixed
Variable
Carried
TOTAL
Net Cash Flow
Net Present Value
Unit Prod Cost@ 0 %
Unit Prod Cost@ 0 %
B/E Oil Price @ 0 %

B/E Oil Price @ 0 %
NCF@ 0 %
NPV@ 0 %
Annual
CUMM
Annual
CUMM
Annual
CUMM
Annual
CUMM
P/O Flag
Annual
Cumulative
Annual
Cumulative
Annual
Annual
Cumulative
Payout =
NCF@ 0 %
IRR=
MBCD
MMSCFD
MMSTB
BSCF
($/bbl)
$/MCF
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
($/bbl)
($/bbl)
MMSTB
MMSTB
MM$
MM$
($/bbl)
($/bbl)
1999
700
119
256
46
21.20
5.75
5,416.6
264.0
5,680.6
0.0
0.0
9.6
27.0
0.0
36.6
33.8
24.2
251.0
308.9
5,335.1
5,335.1
1.35
1.35
256
256
345.5
345.5
1.35
1.35
2000
700
133
256
46
22.18
5.92
5,667.0
273.2
5,940.2
0.0
0.0
33.8
29.4
51.0
114.2
43.2
25.1
295.9
364.2
5,461.8
10,796.9
1.87
1.61
256
511
478.4
823.9
1.87
1.61
(MMSTB)
(MMSTB)
(MMSTB)
(MMSTB)
(MBCD)
(MM$)
(MM$)
($/boe)
1999
256
256
256
256
700
345
345
55.01
2000
256
511
256
511
700
478
824
56.01
5335
5462
#N/A
MM$
#DIV/0!
GRR=
RT=
17.4%
#DIV/0!
264.7%
2001
700
136
256
50
23.16
6.10
5,917.4
303.5
6,220.9
0.0
0.0
18.4
1.9
130.1
150.3
43.6
25.6
300.0
369.2
5,701.4
16,498.4
2.03
1.75
256
767
519.5
1,343.4
2.03
1.75
2002
700
137
256
50
23.62
6.28
6,034.9
314.7
6,349.6
0.0
0.0
22.6
59.2
79.6
161.4
44.0
26.1
304.2
374.4
5,813.9
22,312.2
2.10
1.84
256
1,022
535.8
1,879.1
2.10
1.84
P/O
2003
700
137
256
51
24.10
6.47
6,157.6
327.0
6,484.6
0.0
0.0
4.5
59.8
0.0
64.2
44.5
26.6
308.2
379.2
6,041.1
28,353.4
1.74
1.82
256
1,278
443.5
2,322.6
1.74
1.82
P/O
2004
700
138
256
51
24.57
6.67
6,277.6
338.4
6,616.1
0.0
0.0
34.2
60.3
0.0
94.5
44.9
27.1
312.4
384.4
6,137.2
34,490.5
1.87
1.83
256
1,533
478.9
2,801.5
1.87
1.83
P/O
2005
700
139
256
50
24.94
6.87
6,372.2
345.7
6,717.8
0.0
0.0
33.2
131.3
0.0
164.5
45.4
27.6
316.6
389.6
6,163.8
40,654.3
2.17
1.88
256
1,789
554.1
3,355.5
2.17
1.88
P/O
2006
700
139
256
54
25.31
7.07
6,466.7
383.7
6,850.4
0.0
0.0
33.5
63.1
0.0
96.6
45.8
30.9
333.0
409.7
6,344.2
46,998.5
1.98
1.89
256
2,044
506.2
3,861.8
1.98
1.89
P/O
2007
700
140
256
50
25.68
7.28
6,561.2
366.1
6,927.3
0.0
0.0
35.3
64.3
0.0
99.6
46.3
31.5
337.7
415.4
6,412.3
53,410.8
2.02
1.90
256
2,300
515.0
4,376.8
2.02
1.90
P/O
2001
256
767
256
767
700
520
1,343
57.04
2002
256
1,022
256
1,022
700
536
1,879
57.95
2003
256
1,278
256
1,278
700
443
2,323
58.81
2004
256
1,533
256
1,533
700
479
2,801
59.66
2005
256
1,789
256
1,789
700
554
3,356
60.48
2006
256
2,044
256
2,044
700
506
3,862
61.33
2007
256
2,300
256
2,300
700
515
4,377
62.13
5701
5814
6041
6137
6164
6344
6412
129.3%
85.2%
64.5%
51.8%
42.9%
36.8%
32.3%
2008
700
141
256
52
26.06
7.50
6,658.3
387.4
7,045.7
1.4
3.6
35.9
97.2
0.0
138.0
46.8
32.1
342.4
421.3
6,486.4
59,897.2
2.19
1.93
256
2,555
559.3
4,936.1
2.19
1.93
P/O
2009
700
141
256
52
26.52
7.73
6,775.9
401.0
7,176.9
0.0
0.0
36.3
98.7
0.0
135.0
47.2
32.7
347.3
427.3
6,614.6
66,511.8
2.20
1.96
256
2,811
562.3
5,498.4
2.20
1.96
P/O
2010
700
142
256
52
26.99
7.96
6,895.9
411.0
7,306.9
1.4
3.7
45.3
33.9
0.0
84.4
47.7
35.6
361.8
445.1
6,777.5
73,289.3
2.07
1.97
256
3,066
529.4
6,027.8
2.07
1.97
P/O
2011
700
143
256
52
27.46
8.20
7,016.0
429.0
7,445.0
0.0
0.0
43.4
34.6
0.0
78.0
48.2
36.3
367.3
451.8
6,915.2
80,204.4
2.07
1.97
256
3,322
529.8
6,557.7
2.07
1.97
P/O
2012
700
144
256
50
27.93
8.44
7,136.1
423.9
7,560.0
3.0
4.9
22.6
35.3
0.0
65.8
48.7
36.9
372.1
457.7
7,036.4
87,240.9
2.05
1.98
256
3,577
523.5
7,081.2
2.05
1.98
P/O
2013
700
144
256
54
28.40
8.70
7,256.2
465.9
7,722.1
0.0
0.0
16.1
0.8
0.0
16.9
49.1
37.6
377.2
463.9
7,241.2
94,482.1
1.88
1.97
256
3,833
480.9
7,562.1
1.88
1.97
2014
700
145
256
53
28.86
8.96
7,373.7
472.7
7,846.4
1.5
4.0
16.3
0.0
0.0
21.8
49.6
38.2
382.2
470.0
7,354.6
101,836.7
1.92
1.97
256
4,088
491.8
8,053.9
1.92
1.97
P/O
P/O
2008
256
2,555
256
2,555
700
559
4,936
62.96
2009
256
2,811
256
2,811
700
562
5,498
63.80
2010
256
3,066
256
3,066
700
529
6,028
64.65
2011
256
3,322
256
3,322
700
530
6,558
65.52
2012
256
3,577
256
3,577
700
524
7,081
66.38
2013
256
3,833
256
3,833
700
481
7,562
67.29
2014
256
4,088
256
4,088
700
492
8,054
68.21
6486
6615
6777
6915
7036
7241
7355
28.6%
25.7%
23.4%
21.5%
19.9%
18.6%
17.4%
Total BP
TOTAL
Unit
1,278
4,088
MBCD
248
809 MMSCFD
1,278
4,088 MMSTB
247
812
BSCF
($/bbl)
$/MCF
30,054.5
103,983.4
MM$
1,556.9
5,907.2
MM$
31,611.4
109,890.6
MM$
0.0
7.2
MM$
0.0
16.3
MM$
113.5
441.0
MM$
210.5
796.8
MM$
260.6
260.6
MM$
584.6
1,521.9
MM$
220.2
728.8
MM$
130.4
494.1
MM$
1,520.7
5,309.2
MM$
1,871.4
6,532.0
MM$
29,155.4
101,836.7
MM$
112,451.4
822,312.4
MM$
3.51
1.97
($/bbl)
3.23
16.35
($/bbl)
1,278
4,088 MMSTB
5,110
4,088 MMSTB
2,456.0
8,053.9
MM$
9,170.4
66,827.2
MM$
3.51
1.97
($/bbl)
3.23
1.97
($/bbl)
1,278
4,088
(MMSTB)
(MMSTB)
(MMSTB)
(MMSTB)
(MBCD)
(MM$)
(MM$)
($/boe)
IRR=
51.8%
17.4%
GRR=
RT=
TABLE - 5
Annual General Inflation Rate (%) =
4.00 DscR0
OIL
GAS
OIL
GAS
OIL
GAS
OIL
GAS
TOTAL
CAPEX
CAPEX
CAPEX
CAPEX
CAPEX
CAPEX
OPEX
OPEX
OPEX
OPEX
PROJECT
PROJECT
Ave OIL
Ave OIL
Oil Prod
Oil Prod
Total Cost
Total Cost
B/E Oil Price
B/E Oil Price
Prod Rate
Prod Rate
Production
Production
PRICE
PRICE
REVENUE
REVENUE
REVENUE
On-Land
On-Land
Offshore
Offshore
Offshore
TOTAL
Oil Prod
Oil Prod
Oil Prod
Oil Prod
Oil Rate
CAPEX+OPEX
CAPEX+OPEX
REVENUE
Un-Dscntd
Un-Dscntd
Dscntd @ 4 %
Dscntd @ 4 %
Dscntd @ 4%
Dscntd @ 4 %
Dscntd @ 4 %
Dscntd @ 4%
MBCD
MMSCFD
MMSTB
BSCF
($/bbl)
($/MCF)
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
($/bbl)
($/bbl)
MMSTB
MMSTB
MM$
MM$
($/bbl)
($/bbl)
1999
700
119
256
46
21.20
5.75
5,416.6
264.0
5,680.6
0.0
0.0
9.6
27.0
0.0
36.6
33.8
24.2
251.0
308.9
5,335.1
5,335.1
1.35
1.35
256
256
345.5
345.5
1.35
1.35
2000
700
133
256
46
21.33
5.69
5,449.0
262.7
5,711.7
0.0
0.0
32.5
28.2
49.0
109.8
41.5
24.1
284.5
350.2
5,251.7
10,586.9
1.80
1.58
256
511
460.0
805.5
1.87
1.61
Annual
(MMSTB)
Cumulative
(MMSTB)
Annual
(MMSTB)
Cumulative
(MMSTB)
Annual
(MBCD)
Annual
(MM$)
Cumulative
(MM$)
Revenue @ 4% ($/boe)
1999
256
256
256
256
700
345
345
55.01
2000
256
511
246
501
673
460
805
54.91
ANNUAL
ANNUAL
Inflation
Inflation
Wells
F/Ls
Wells
P/Fs&F/Ls
Facilities
Fixed
Variable
Carried
TOTAL
Net Cash Flow
Net Present Value
Unit Prod Cost@ 4 %
Unit Prod Cost@ 4 %
B/E Oil Price @ 4 %

B/E Oil Price @ 4 %
NCF@ 4 %
NPV@ 4 %
Annual
CUMM
Annual
CUMM
Annual
CUMM
Annual
CUMM
P/O Flag
PROJECT
Net Cash Flow
Payout =
NCF@ 4 %
IRR=
GRR=
RT=
#N/A
MM$
5335
#DIV/0!
17.4%
#DIV/0!
5252
264.9%
2001
700
136
256
50
21.41
5.64
5,471.0
280.6
5,751.6
0.0
0.0
17.0
1.7
120.2
139.0
40.3
23.7
277.4
341.3
5,271.3
15,858.2
1.88
1.68
256
767
480.3
1,285.8
2.03
1.74
2002
700
137
256
50
21.00
5.59
5,365.0
279.8
5,644.8
0.0
0.0
20.1
52.6
70.8
143.5
39.2
23.2
270.5
332.8
5,168.5
21,026.7
1.86
1.72
256
1,022
476.3
1,762.1
2.10
1.83
P/O
2001
256
767
236
737
647
480
1,286
54.79
2003
700
137
256
51
20.60
5.53
5,263.5
279.5
5,543.0
0.0
0.0
3.8
51.1
0.0
54.9
38.0
22.7
263.4
324.2
5,164.0
26,190.6
1.48
1.68
256
1,278
379.1
2,141.1
1.74
1.81
P/O
2002
256
1,022
227
965
622
476
1,762
54.55
2004
700
138
256
51
20.19
5.48
5,159.8
278.2
5,437.9
0.0
0.0
28.1
49.5
0.0
77.7
36.9
22.2
256.7
315.9
5,044.3
31,234.9
1.54
1.65
256
1,533
393.6
2,534.7
1.87
1.82
P/O
2003
256
1,278
218
1,183
598
379
2,141
54.26
2005
700
139
256
50
19.71
5.43
5,036.0
273.2
5,309.2
0.0
0.0
26.2
103.8
0.0
130.0
35.9
21.8
250.2
307.9
4,871.3
36,106.3
1.71
1.66
256
1,789
437.9
2,972.6
2.17
1.86
P/O
2004
256
1,533
210
1,393
575
394
2,535
53.94
2006
700
139
256
54
19.23
5.37
4,914.2
291.6
5,205.8
0.0
0.0
25.5
47.9
0.0
73.4
34.8
23.5
253.0
311.3
4,821.1
40,927.3
1.51
1.64
256
2,044
384.7
3,357.3
1.98
1.88
P/O
2005
256
1,789
202
1,595
553
438
2,973
53.61
2007
700
140
256
50
18.76
5.32
4,794.2
267.5
5,061.7
0.0
0.0
25.8
47.0
0.0
72.8
33.8
23.0
246.7
303.6
4,685.4
45,612.7
1.47
1.62
256
2,300
376.3
3,733.7
2.02
1.89
P/O
2006
256
2,044
194
1,789
532
385
3,357
53.25
2008
700
141
256
52
18.31
5.27
4,678.1
272.2
4,950.2
1.0
2.5
25.2
68.3
0.0
97.0
32.8
22.6
240.6
296.0
4,557.3
50,170.0
1.54
1.62
256
2,555
393.0
4,126.6
2.19
1.91
P/O
2007
256
2,300
187
1,976
511
376
3,734
52.89
2008
256
2,555
180
2,155
492
393
4,127
52.53
5271
5169
5164
5044
4871
4821
4685
4557
129.5%
85.3%
64.6%
51.8%
42.9%
36.8%
32.3%
28.6%
2009
700
141
256
52
17.92
5.22
4,577.5
270.9
4,848.4
0.0
0.0
24.5
66.7
0.0
91.2
31.9
22.1
234.6
288.6
4,468.6
54,638.6
1.49
1.60
256
2,811
379.8
4,506.5
2.20
1.94
P/O
2010
700
142
256
52
17.53
5.17
4,479.5
267.0
4,746.4
0.9
2.4
29.4
22.0
0.0
54.8
31.0
23.1
235.0
289.1
4,402.5
59,041.1
1.35
1.58
256
3,066
343.9
4,850.4
2.07
1.94
P/O
2009
256
2,811
173
2,328
473
380
4,506
52.17
2011
700
143
256
52
17.15
5.12
4,382.2
267.9
4,650.1
0.0
0.0
27.1
21.6
0.0
48.7
30.1
22.7
229.4
282.2
4,319.2
63,360.3
1.30
1.56
256
3,322
330.9
5,181.3
2.07
1.95
P/O
2010
256
3,066
166
2,494
455
344
4,850
51.81
2012
700
144
256
50
16.77
5.07
4,285.8
254.6
4,540.3
1.8
3.0
13.6
21.2
0.0
39.5
29.2
22.2
223.5
274.9
4,225.9
67,586.2
1.23
1.54
256
3,577
314.4
5,495.7
2.05
1.96
P/O
2011
256
3,322
160
2,653
437
331
5,181
51.45
2013
700
144
256
54
16.40
5.02
4,190.3
269.0
4,459.3
0.0
0.0
9.3
0.5
0.0
9.8
28.4
21.7
217.8
267.9
4,181.6
71,767.8
1.09
1.51
256
3,833
277.7
5,773.4
1.88
1.95
P/O
2012
256
3,577
153
2,807
420
314
5,496
51.11
2014 Total BP
TOTAL
700
1,278
4,088
145
248
809
256
1,278
4,088
53
247
812
16.02
4.97
4,094.4
26,708.3
77,556.9
262.5
1,380.8
4,341.2
4,356.8
28,089.1
81,898.1
0.8
0.0
4.5
2.2
0.0
10.1
9.0
101.5
326.9
0.0
183.2
609.3
0.0
240.0
240.0
12.1
524.8
1,190.7
27.6
195.9
545.2
21.2
116.0
364.0
212.2
1,352.5
3,946.6
261.0
1,664.4
4,855.8
4,083.8
25,899.8
75,851.6
75,851.6
104,897.3
675,294.3
1.07
3.13
1.48
1.48
3.03
13.43
256
1,278
4,088
4,088
5,110
4,088
273.1
2,189.3
6,046.5
6,046.5
8,529.2
54,918.8
1.92
3.51
1.97
1.95
3.21
1.95
P/O
2013
256
3,833
148
2,954
404
278
5,773
50.75
2014
256
4,088
142
3,096
389
273
6,047
50.40
1,137
3,096
4469
4403
4319
4226
4182
4084
25.7%
23.4%
21.5%
19.9%
18.6%
17.4%
51.8%
17.4%
Unit
MBCD
MMSCFD
MMSTB
BSCF
($/bbl)
($/MCF)
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
($/bbl)
($/bbl)
MMSTB
MMSTB
MM$
MM$
($/bbl)
($/bbl)
(MMSTB)
(MMSTB)
(MMSTB)
(MMSTB)
(MBCD)
(MM$)
(MM$)
($/boe)
IRR=
GRR=
RT=
TABLE - 4
Discounted CF Forecast (MM$) - Nominal MM$'s Discounted @ 10% Per Year
10.00 DscR1
OIL
GAS
OIL
GAS
OIL
GAS
OIL
GAS
TOTAL
CAPEX
CAPEX
CAPEX
CAPEX
CAPEX
CAPEX
OPEX
OPEX
OPEX
OPEX
PROJECT
PROJECT
Ave OIL
Ave OIL
Oil Prod
Oil Prod
Total Cost
Total Cost
B/E Oil Price
B/E Oil Price
Prod Rate
Prod Rate
Production
Production
PRICE
PRICE
REVENUE
REVENUE
REVENUE
On-Land
On-Land
Offshore
Offshore
Offshore
TOTAL
ANNUAL
ANNUAL
Nominal@ 10 %
Nominal@ 10 %
Wells
F/Ls
Wells
P/Fs&F/Ls
Facilities
Fixed
Variable
Carried
TOTAL
Net Cash Flow
Net Present Value
Unit Prod Cost@ 10 %
B/E Oil Price @ 10 %

NCF@ 10 %
NPV@ 10 %
Annual
CUMM
Annual
CUMM
Annual
CUMM
Annual
CUMM
P/O Flag
MBCD
MMSCFD
MMSTB
BSCF
($/bbl)
($/MCF)
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
($/bbl)
($/bbl)
MMSTB
MMSTB
MM$
MM$
($/bbl)
($/bbl)
1999
700
119
256
46
21.20
5.75
5,416.6
264.0
5,680.6
0.0
0.0
9.6
27.0
0.0
36.6
33.8
24.2
251.0
308.9
5,335.1
5,335.1
1.35
1.35
256
256
345.5
345.5
1.35
1.35
2000
700
133
256
46
20.16
5.38
5,151.8
248.4
5,400.2
0.0
0.0
30.7
26.7
46.4
103.8
39.3
22.8
269.0
331.1
4,965.3
10,300.4
1.70
1.53
256
511
434.9
780.4
1.87
1.60
2001
700
136
256
50
19.14
5.04
4,890.4
250.9
5,141.3
0.0
0.0
15.2
1.5
107.5
124.2
36.0
21.2
247.9
305.1
4,711.9
15,012.3
1.68
1.58
256
767
429.3
1,209.7
2.03
1.73
2002
700
137
256
50
17.75
4.72
4,534.1
236.5
4,770.6
0.0
0.0
17.0
44.5
59.8
121.3
33.1
19.6
228.6
281.3
4,368.0
19,380.4
1.58
1.58
256
1,022
402.5
1,612.2
2.10
1.81
P/O
2003
700
137
256
51
16.46
4.42
4,205.7
223.4
4,429.0
0.0
0.0
3.1
40.8
0.0
43.9
30.4
18.1
210.5
259.0
4,126.2
23,506.5
1.19
1.50
256
1,278
302.9
1,915.1
1.74
1.80
P/O
2004
700
138
256
51
15.26
4.14
3,897.9
210.1
4,108.1
0.0
0.0
21.3
37.4
0.0
58.7
27.9
16.8
193.9
238.7
3,810.7
27,317.2
1.16
1.44
256
1,533
297.4
2,212.5
1.87
1.81
P/O
2005
700
139
256
50
14.08
3.88
3,596.9
195.1
3,792.0
0.0
0.0
18.7
74.1
0.0
92.8
25.6
15.6
178.7
219.9
3,479.3
30,796.5
1.22
1.41
256
1,789
312.7
2,525.2
2.17
1.85
P/O
2006
700
139
256
54
12.99
3.63
3,318.4
196.9
3,515.3
0.0
0.0
17.2
32.4
0.0
49.6
23.5
15.8
170.9
210.2
3,255.6
34,052.1
1.02
1.36
256
2,044
259.8
2,785.0
1.98
1.86
P/O
2007
700
140
256
50
11.98
3.40
3,060.9
170.8
3,231.7
0.0
0.0
16.5
30.0
0.0
46.5
21.6
14.7
157.5
193.8
2,991.4
37,043.5
0.94
1.32
256
2,300
240.3
3,025.3
2.02
1.87
P/O
2008
700
141
256
52
11.05
3.18
2,823.8
164.3
2,988.1
0.6
1.5
15.2
41.2
0.0
58.5
19.8
13.6
145.2
178.7
2,750.9
39,794.3
0.93
1.28
256
2,555
237.2
3,262.5
2.19
1.89
P/O
2009
700
141
256
52
10.22
2.98
2,612.4
154.6
2,767.0
0.0
0.0
14.0
38.1
0.0
52.1
18.2
12.6
133.9
164.7
2,550.2
42,344.6
0.85
1.24
256
2,811
216.8
3,479.3
2.20
1.91
P/O
2010
700
142
256
52
9.46
2.79
2,417.0
144.0
2,561.0
0.5
1.3
15.9
11.9
0.0
29.6
16.7
12.5
126.8
156.0
2,375.5
44,720.0
0.73
1.20
256
3,066
185.6
3,664.8
2.07
1.91
P/O
2011
700
143
256
52
8.75
2.61
2,235.5
136.7
2,372.2
0.0
0.0
13.8
11.0
0.0
24.9
15.3
11.6
117.0
144.0
2,203.4
46,923.4
0.66
1.15
256
3,322
168.8
3,833.6
2.07
1.92
P/O
2012
700
144
256
50
8.09
2.45
2,067.1
122.8
2,189.9
0.9
1.4
6.6
10.2
0.0
19.1
14.1
10.7
107.8
132.6
2,038.2
48,961.6
0.59
1.11
256
3,577
151.7
3,985.3
2.05
1.92
P/O
2013
700
144
256
54
7.48
2.29
1,910.8
122.7
2,033.5
0.0
0.0
4.2
0.2
0.0
4.5
12.9
9.9
99.3
122.2
1,906.8
50,868.5
0.50
1.07
256
3,833
126.6
4,111.9
1.88
1.92
P/O
TABLE - 3
15.00 DscR2
OIL
GAS
OIL
GAS
OIL
GAS
OIL
GAS
TOTAL
CAPEX
CAPEX
CAPEX
CAPEX
CAPEX
CAPEX
OPEX
OPEX
OPEX
OPEX
PROJECT
PROJECT
Ave OIL
Ave OIL
Oil Prod
Oil Prod
Total Cost
Total Cost
B/E Oil Price
B/E Oil Price
Prod Rate
Prod Rate
Production
Production
PRICE
PRICE
REVENUE
REVENUE
REVENUE
On-Land
On-Land
Offshore
Offshore
Offshore
TOTAL
Oil Prod
Oil Prod
Oil Prod
Oil Prod
Oil Rate
CAPEX+OPEX
CAPEX+OPEX
REVENUE
Un-Dscntd
Un-Dscntd
Dscntd @ 15 %
Dscntd @ 15 %
Dscntd @ 15%
Dscntd @ 15 %
Dscntd @ 15 %
Dscntd @ 15%
PROJECT
Net Cash Flow
ANNUAL
ANNUAL
Nominal@ 15 %
Nominal@ 15 %
Wells
F/Ls
Wells
P/Fs&F/Ls
Facilities
Fixed
Variable
Carried
TOTAL
Net Cash Flow
Net Present Value

NCF@ 15 %
NPV@ 15 %
Annual
CUMM
Annual
CUMM
Annual
CUMM
Annual
CUMM
P/O Flag
Annual
Cumulative
Annual
Cumulative
Annual
Annual
Cumulative
Revenue @ 15%
Payout =
NCF@ 15 %
IRR=
MBCD
MMSCFD
MMSTB
BSCF
($/bbl)
($/MCF)
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
($/bbl)
($/bbl)
MMSTB
MMSTB
MM$
MM$
($/bbl)
($/bbl)
1999
700
119
256
46
21.20
5.75
5,416.6
264.0
5,680.6
0.0
0.0
9.6
27.0
0.0
36.6
33.8
24.2
251.0
308.9
5,335.1
5,335.1
1.35
1.35
256
256
345.5
345.5
1.35
1.35
(MMSTB)
(MMSTB)
(MMSTB)
(MMSTB)
(MBCD)
(MM$)
(MM$)
($/boe)
1999
256
256
256
256
700
345
345
55.01
#N/A
MM$
5335
#DIV/0!
GRR=
RT=
17.3%
#DIV/0!
2000
700
133
256
46
19.29
5.15
4,927.8
237.6
5,165.4
0.0
0.0
29.4
25.5
44.3
99.3
37.5
21.8
257.3
316.7
4,749.4
10,084.5
1.63
1.49
256
511
416.0
761.5
1.87
1.59
2001
700
136
256
50
17.51
4.61
4,474.4
229.5
4,703.9
0.0
0.0
13.9
1.4
98.3
113.7
33.0
19.4
226.8
279.2
4,311.1
14,395.6
1.54
1.51
256
767
392.8
1,154.3
2.03
1.72
2002
700
137
256
50
15.53
4.13
3,968.1
206.9
4,175.0
0.0
0.0
14.8
38.9
52.3
106.1
29.0
17.2
200.0
246.2
3,822.7
18,218.3
1.38
1.47
256
1,022
352.3
1,506.6
2.10
1.80
P/O
2003
700
137
256
51
13.78
3.70
3,520.6
187.0
3,707.6
0.0
0.0
2.6
34.2
0.0
36.7
25.4
15.2
176.2
216.8
3,454.0
21,672.4
0.99
1.38
256
1,278
253.5
1,760.1
1.74
1.79
P/O
2004
700
138
256
51
12.22
3.31
3,121.1
168.3
3,289.4
0.0
0.0
17.0
30.0
0.0
47.0
22.3
13.5
155.3
191.1
3,051.3
24,723.6
0.93
1.30
256
1,533
238.1
1,998.2
1.87
1.80
P/O
2005
700
139
256
50
10.78
2.97
2,754.9
149.4
2,904.3
0.0
0.0
14.3
56.8
0.0
71.1
19.6
11.9
136.9
168.4
2,664.8
27,388.4
0.94
1.25
256
1,789
239.5
2,237.7
2.17
1.83
P/O
2006
700
139
256
54
9.51
2.66
2,431.1
144.3
2,575.3
0.0
0.0
12.6
23.7
0.0
36.3
17.2
11.6
125.2
154.0
2,385.0
29,773.4
0.74
1.19
256
2,044
190.3
2,428.0
1.98
1.84
P/O
2000
256
511
222
478
609
416
761
52.29
2001
256
767
193
671
529
393
1,154
49.65
2002
256
1,022
168
839
460
352
1,507
47.13
2003
256
1,278
146
985
400
254
1,760
44.75
2004
256
1,533
127
1,112
348
238
1,998
42.52
2005
256
1,789
110
1,222
303
240
2,238
40.45
2006
256
2,044
96
1,318
263
190
2,428
38.44
4749
4311
3823
3454
3051
2665
2385
265.6%
130.0%
85.7%
64.7%
51.9%
43.1%
36.9%
2007
700
140
256
50
8.39
2.38
2,144.9
119.7
2,264.6
0.0
0.0
11.5
21.0
0.0
32.6
15.1
10.3
110.4
135.8
2,096.2
31,869.6
0.66
1.13
256
2,300
168.4
2,596.4
2.02
1.85
P/O
2008
700
141
256
52
7.41
2.13
1,892.7
110.1
2,002.8
0.4
1.0
10.2
27.6
0.0
39.2
13.3
9.1
97.3
119.8
1,843.8
33,713.4
0.62
1.08
256
2,555
159.0
2,755.4
2.19
1.87
P/O
2009
700
141
256
52
6.56
1.91
1,674.9
99.1
1,774.0
0.0
0.0
9.0
24.4
0.0
33.4
11.7
8.1
85.8
105.6
1,635.0
35,348.5
0.54
1.03
256
2,811
139.0
2,894.4
2.20
1.88
P/O
2010
700
142
256
52
5.80
1.71
1,482.2
88.3
1,570.6
0.3
0.8
9.7
7.3
0.0
18.1
10.3
7.6
77.8
95.7
1,456.8
36,805.2
0.45
0.98
256
3,066
113.8
3,008.2
2.07
1.89
P/O
2011
700
143
256
52
5.13
1.53
1,311.3
80.2
1,391.5
0.0
0.0
8.1
6.5
0.0
14.6
9.0
6.8
68.7
84.4
1,292.5
38,097.7
0.39
0.94
256
3,322
99.0
3,107.2
2.07
1.89
P/O
2012
700
144
256
50
4.54
1.37
1,159.8
68.9
1,228.7
0.5
0.8
3.7
5.7
0.0
10.7
7.9
6.0
60.5
74.4
1,143.6
39,241.4
0.33
0.89
256
3,577
85.1
3,192.3
2.05
1.90
P/O
2013
700
144
256
54
4.01
1.23
1,025.5
65.8
1,091.4
0.0
0.0
2.3
0.1
0.0
2.4
6.9
5.3
53.3
65.6
1,023.4
40,264.7
0.27
0.85
256
3,833
68.0
3,260.3
1.88
1.90
P/O
2007
256
2,300
84
1,402
229
168
2,596
36.64
2008
256
2,555
73
1,475
199
159
2,755
34.94
2009
256
2,811
63
1,538
173
139
2,894
33.35
2010
256
3,066
55
1,593
150
114
3,008
31.87
2011
256
3,322
48
1,640
131
99
3,107
30.47
2012
256
3,577
42
1,682
114
85
3,192
29.20
2013
256
3,833
36
1,718
99
68
3,260
27.96
2096
1844
1635
1457
1292
1144
1023
32.3%
28.7%
25.8%
23.5%
21.5%
19.9%
18.5%
2014 Total BP
TOTAL
Unit
700
1,278
4,088
MBCD
145
248
809 MMSCFD
256
1,278
4,088 MMSTB
53
247
812
BSCF
3.55
($/bbl)
1.10
($/MCF)
906.2
20,012.0
42,212.1
MM$
58.1
1,029.3
2,277.2
MM$
964.3
21,041.2
44,489.3
MM$
0.2
0.0
1.3
MM$
0.5
0.0
3.1
MM$
2.0
77.7
170.8
MM$
0.0
130.0
330.2
MM$
0.0
195.0
195.0
MM$
2.7
402.8
700.5
MM$
6.1
147.3
298.2
MM$
4.7
87.0
192.7
MM$
47.0
1,015.7
2,129.4
MM$
57.8
1,249.9
2,620.3
MM$
903.8
19,388.5
41,168.6
MM$
41,168.6
89,094.5
448,100.6
MM$
0.24
2.36
0.81
($/bbl)
0.81
2.61
8.89
($/bbl)
256
1,278
4,088 MMSTB
4,088
5,110
4,088 MMSTB
60.4
1,652.7
3,320.7
MM$
3,320.7
7,180.6
36,326.8
MM$
1.92
3.51
1.97
($/bbl)
1.90
3.17
1.90
($/bbl)
P/O
2014
256
4,088
31
1,750
86
60
3,321
26.81
856
1,750
(MMSTB)
(MMSTB)
(MMSTB)
(MMSTB)
(MBCD)
(MM$)
(MM$)
($/boe)
904
IRR=
17.3%
51.9%
17.3%
GRR=
RT=
TABLE - 2A
20.00 DscR3
OIL
GAS
OIL
GAS
OIL
GAS
OIL
GAS
TOTAL
CAPEX
CAPEX
CAPEX
CAPEX
CAPEX
CAPEX
OPEX
OPEX
OPEX
OPEX
PROJECT
PROJECT
Ave OIL
Ave OIL
Oil Prod
Oil Prod
Total Cost
Total Cost
B/E Oil Price
B/E Oil Price
Prod Rate
Prod Rate
Production
Production
PRICE
PRICE
REVENUE
REVENUE
REVENUE
On-Land
On-Land
Offshore
Offshore
Offshore
TOTAL
Oil Prod
Oil Prod
Oil Prod
Oil Prod
Oil Rate
CAPEX+OPEX
CAPEX+OPEX
REVENUE
Un-Dscntd
Un-Dscntd
Dscntd @ 20 %
Dscntd @ 20 %
Dscntd @ 20%
Dscntd @ 20 %
Dscntd @ 20 %
Dscntd @ 20%
PROJECT
Net Cash Flow
ANNUAL
ANNUAL
Nominal@ 20 %
Nominal@ 20 %
Wells
F/Ls
Wells
P/Fs&F/Ls
Facilities
Fixed
Variable
Carried
TOTAL
Net Cash Flow
Net Present Value

NCF@ 20 %
NPV@ 20 %
Annual
CUMM
Annual
CUMM
Annual
CUMM
Annual
CUMM
P/O Flag
Annual
Cumulative
Annual
Cumulative
Annual
Annual
Cumulative
Revenue @ 20%
Payout =
NCF@ 20 %
IRR=
MBCD
MMSCFD
MMSTB
BSCF
($/bbl)
($/MCF)
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
($/bbl)
($/bbl)
MMSTB
MMSTB
MM$
MM$
($/bbl)
($/bbl)
(MMSTB)
(MMSTB)
(MMSTB)
(MMSTB)
(MBCD)
(MM$)
(MM$)
($/boe)
#N/A
MM$
#DIV/0!
1999
700
119
256
46
21.20
5.75
5,416.6
264.0
5,680.6
0.0
0.0
9.6
27.0
0.0
36.6
33.8
24.2
251.0
308.9
5,335.1
5,335.1
1.35
1.35
256
256
345.5
345.5
1.35
1.35
1999
256
256
256
256
700
345
345
55.01
5335
GRR=
RT=
17.3%
#DIV/0!
2000
700
133
256
46
18.48
4.94
4,722.5
227.7
4,950.2
0.0
0.0
28.2
24.5
42.5
95.1
36.0
20.9
246.6
303.5
4,551.5
9,886.6
1.56
1.46
256
511
398.6
744.1
1.87
1.59
2001
700
136
256
50
16.08
4.24
4,109.3
210.8
4,320.1
0.0
0.0
12.8
1.3
90.3
104.4
30.3
17.8
208.3
256.4
3,959.3
13,846.0
1.41
1.44
256
767
360.8
1,104.9
2.03
1.71
2002
700
137
256
50
13.67
3.64
3,492.4
182.1
3,674.6
0.0
0.0
13.1
34.3
46.1
93.4
25.5
15.1
176.1
216.7
3,364.5
17,210.5
1.21
1.38
256
1,022
310.1
1,415.0
2.10
1.78
P/O
2003
700
137
256
51
11.62
3.12
2,969.5
157.7
3,127.2
0.0
0.0
2.2
28.8
0.0
31.0
21.5
12.8
148.6
182.9
2,913.3
20,123.8
0.84
1.27
256
1,278
213.9
1,628.8
1.74
1.78
P/O
2004
700
138
256
51
9.87
2.68
2,522.8
136.0
2,658.8
0.0
0.0
13.8
24.2
0.0
38.0
18.1
10.9
125.5
154.5
2,466.4
22,590.2
0.75
1.19
256
1,533
192.5
1,821.3
1.87
1.79
P/O
2005
700
139
256
50
8.35
2.30
2,134.0
115.8
2,249.8
0.0
0.0
11.1
44.0
0.0
55.1
15.2
9.2
106.0
130.5
2,064.2
24,654.4
0.73
1.12
256
1,789
185.6
2,006.8
2.17
1.82
P/O
2006
700
139
256
54
7.06
1.97
1,804.7
107.1
1,911.8
0.0
0.0
9.4
17.6
0.0
26.9
12.8
8.6
92.9
114.3
1,770.5
26,425.0
0.55
1.05
256
2,044
141.3
2,148.1
1.98
1.83
P/O
2000
256
511
213
468
583
399
744
51.25
2001
256
767
177
646
486
361
1,105
47.72
2002
256
1,022
148
794
405
310
1,415
44.46
2003
256
1,278
123
917
338
214
1,629
41.49
2004
256
1,533
103
1,020
281
192
1,821
38.79
2005
256
1,789
86
1,105
234
186
2,007
36.33
2006
256
2,044
71
1,176
195
141
2,148
34.00
4552
3959
3365
2913
2466
2064
1771
265.9%
130.3%
85.9%
64.8%
51.9%
43.1%
37.0%
2007
700
140
256
50
5.97
1.69
1,525.9
85.1
1,611.1
0.0
0.0
8.2
15.0
0.0
23.2
10.8
7.3
78.5
96.6
1,491.3
27,916.3
0.47
0.99
256
2,300
119.8
2,267.9
2.02
1.84
P/O
2008
700
141
256
52
5.05
1.45
1,290.4
75.1
1,365.5
0.3
0.7
7.0
18.8
0.0
26.8
9.1
6.2
66.4
81.7
1,257.1
29,173.4
0.42
0.93
256
2,555
108.4
2,376.3
2.19
1.85
P/O
2009
700
141
256
52
4.28
1.25
1,094.3
64.8
1,159.1
0.0
0.0
5.9
15.9
0.0
21.8
7.6
5.3
56.1
69.0
1,068.3
30,241.7
0.36
0.88
256
2,811
90.8
2,467.1
2.20
1.86
P/O
2010
700
142
256
52
3.63
1.07
928.1
55.3
983.4
0.2
0.5
6.1
4.6
0.0
11.4
6.4
4.8
48.7
59.9
912.2
31,153.9
0.28
0.83
256
3,066
71.3
2,538.3
2.07
1.86
P/O
2011
700
143
256
52
3.08
0.92
786.9
48.1
835.0
0.0
0.0
4.9
3.9
0.0
8.8
5.4
4.1
41.2
50.7
775.6
31,929.4
0.23
0.78
256
3,322
59.4
2,597.8
2.07
1.87
P/O
2012
700
144
256
50
2.61
0.79
667.0
39.6
706.6
0.3
0.5
2.1
3.3
0.0
6.2
4.5
3.5
34.8
42.8
657.7
32,587.1
0.19
0.74
256
3,577
48.9
2,646.7
2.05
1.87
P/O
2013
700
144
256
54
2.21
0.68
565.2
36.3
601.4
0.0
0.0
1.3
0.1
0.0
1.3
3.8
2.9
29.4
36.1
564.0
33,151.1
0.15
0.70
256
3,833
37.5
2,684.2
1.88
1.87
P/O
2007
256
2,300
59
1,236
163
120
2,268
31.99
2008
256
2,555
50
1,285
136
108
2,376
30.11
2009
256
2,811
41
1,327
113
91
2,467
28.39
2010
256
3,066
34
1,361
94
71
2,538
26.83
2011
256
3,322
29
1,390
79
59
2,598
25.39
2012
256
3,577
24
1,414
65
49
2,647
24.10
2013
256
3,833
20
1,433
55
37
2,684
22.86
1491
1257
1068
912
776
658
564
32.4%
28.7%
25.8%
23.5%
21.6%
19.9%
18.5%
2014 Total BP
TOTAL
Unit
700
1,278
4,088
MBCD
145
248
809 MMSCFD
256
1,278
4,088 MMSTB
53
247
812
BSCF
1.87
($/bbl)
0.58
($/MCF)
478.6
17,816.5
34,508.3
MM$
30.7
914.3
1,836.2
MM$
509.3
18,730.9
36,344.5
MM$
0.1
0.0
0.8
MM$
0.3
0.0
1.9
MM$
1.1
69.9
136.4
MM$
0.0
113.1
263.2
MM$
0.0
178.9
178.9
MM$
1.4
361.9
581.2
MM$
3.2
131.3
243.9
MM$
2.5
77.5
156.1
MM$
24.8
905.1
1,734.9
MM$
30.5
1,113.9
2,134.8
MM$
477.4
17,255.1
33,628.4
MM$
33,628.4
83,657.1
389,852.9
MM$
0.12
2.11
0.66
($/bbl)
0.66
2.46
7.71
($/bbl)
256
1,278
4,088 MMSTB
4,088
5,110
4,088 MMSTB
31.9
1,475.8
2,716.1
MM$
2,716.1
6,714.0
31,508.7
MM$
1.92
3.51
1.97
($/bbl)
1.87
3.16
1.87
($/bbl)
P/O
2014
256
4,088
17
1,450
45
32
2,716
21.74
764
1,450
(MMSTB)
(MMSTB)
(MMSTB)
(MMSTB)
(MBCD)
(MM$)
(MM$)
($/boe)
477
IRR=
17.3%
51.9%
17.3%
GRR=
RT=
TABLE - 2B
Discounted CF Forecast (MM$) - Real MM$'s Discounted @ 10.58 % Per Year
Annual Nominal Discount Rate, ANDR (%) :
15.00
Annual General Background Inflation Rate (%) :
4.00
10.58 ARDR
OIL
GAS
OIL
GAS
OIL
GAS
OIL
GAS
TOTAL
CAPEX
CAPEX
CAPEX
CAPEX
CAPEX
CAPEX
OPEX
OPEX
OPEX
OPEX
PROJECT
PROJECT
Ave OIL
Ave OIL
Oil Prod
Oil Prod
Total Cost
Total Cost
B/E Oil Price
B/E Oil Price
Prod Rate
Prod Rate
Production
Production
PRICE
PRICE
REVENUE
REVENUE
REVENUE
On-Land
On-Land
Offshore
Offshore
Offshore
TOTAL
Oil Prod
Oil Prod
Oil Prod
Oil Prod
Oil Rate
CAPEX+OPEX
CAPEX+OPEX
REVENUE
Un-Dscntd
Un-Dscntd
Dscntd @ 10.58 %
Dscntd @ 10.58 %
Dscntd @ 10.58 %
Dscntd @ 10.58 %
Dscntd @ 10.58 %
Dscntd @ 10.58 %
PROJECT
Net Cash Flow
ANNUAL
ANNUAL
Nominal@ 10.58 %
Nominal@ 10.58 %
Wells
F/Ls
Wells
P/Fs&F/Ls
Facilities
Fixed
Variable
Carried
TOTAL
Net Cash Flow
Net Present Value
Unit Prod Cost@ 10.58 %
Unit Prod Cost@ 10.58 %
B/E Oil Price @ 10.58 %

B/E Oil Price @ 10.58 %
NCF@ 10.58 %
NPV@ 10.58 %
Annual
CUMM
Annual
CUMM
Annual
CUMM
Annual
CUMM
P/O Flag
Annual
Cumulative
Annual
Cumulative
Annual
Annual
Cumulative
Revenue @ 10.58%
Payout =
NCF@ 10.58 %
IRR=
MBCD
MMSCFD
MMSTB
BSCF
($/bbl)
($/MCF)
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
($/bbl)
($/bbl)
MMSTB
MMSTB
MM$
MM$
($/bbl)
($/bbl)
1999
700
119
256
46
21.20
5.75
5,416.6
264.0
5,680.6
0.0
0.0
9.6
27.0
0.0
36.6
33.8
24.2
251.0
308.9
5,335.1
5,335.1
1.35
1.35
256
256
345.5
345.5
1.35
1.35
(MMSTB)
(MMSTB)
(MMSTB)
(MMSTB)
(MBCD)
(MM$)
(MM$)
($/boe)
1999
256
256
256
256
700
345
345
55.01
#N/A
MM$
5335
#DIV/0!
GRR=
RT=
C:\LOTUS\SFNY_HLI\[SFNY-BPMP_5F.xls]DCF7
17.4%
#DIV/0!
9/9/1999
HLI
2000
700
133
256
46
21.33
5.69
5,449.0
262.7
5,711.7
0.0
0.0
32.5
28.2
49.0
109.8
41.5
24.1
284.5
350.2
5,251.7
10,586.9
1.80
1.58
256
511
460.0
805.5
1.99
1.66
2001
700
136
256
50
21.41
5.64
5,471.0
280.6
5,751.6
0.0
0.0
17.0
1.7
120.2
139.0
40.3
23.7
277.4
341.3
5,271.3
15,858.2
1.88
1.68
256
767
480.3
1,285.8
2.30
1.85
2002
700
137
256
50
21.00
5.59
5,365.0
279.8
5,644.8
0.0
0.0
20.1
52.6
70.8
143.5
39.2
23.2
270.5
332.8
5,168.5
21,026.7
1.86
1.72
256
1,022
476.3
1,762.1
2.52
1.99
P/O
2003
700
137
256
51
20.60
5.53
5,263.5
279.5
5,543.0
0.0
0.0
3.8
51.1
0.0
54.9
38.0
22.7
263.4
324.2
5,164.0
26,190.6
1.48
1.68
256
1,278
379.1
2,141.1
2.22
2.03
P/O
2004
700
138
256
51
20.19
5.48
5,159.8
278.2
5,437.9
0.0
0.0
28.1
49.5
0.0
77.7
36.9
22.2
256.7
315.9
5,044.3
31,234.9
1.54
1.65
256
1,533
393.6
2,534.7
2.55
2.09
P/O
2005
700
139
256
50
19.71
5.43
5,036.0
273.2
5,309.2
0.0
0.0
26.2
103.8
0.0
130.0
35.9
21.8
250.2
307.9
4,871.3
36,106.3
1.71
1.66
256
1,789
437.9
2,972.6
3.13
2.20
P/O
2006
700
139
256
54
19.23
5.37
4,914.2
291.6
5,205.8
0.0
0.0
25.5
47.9
0.0
73.4
34.8
23.5
253.0
311.3
4,821.1
40,927.3
1.51
1.64
256
2,044
384.7
3,357.3
3.04
2.27
P/O
2000
256
511
231
487
633
460
805
54.91
2001
256
767
209
696
572
480
1,286
54.79
2002
256
1,022
189
884
518
476
1,762
54.55
2003
256
1,278
171
1,055
468
379
2,141
54.26
2004
256
1,533
155
1,210
423
394
2,535
53.94
2005
256
1,789
140
1,350
383
438
2,973
53.61
2006
256
2,044
126
1,476
346
385
3,357
53.25
5252
5271
5169
5164
5044
4871
4821
264.9%
129.5%
85.3%
64.6%
51.8%
42.9%
36.8%
2007
700
140
256
50
18.76
5.32
4,794.2
267.5
5,061.7
0.0
0.0
25.8
47.0
0.0
72.8
33.8
23.0
246.7
303.6
4,685.4
45,612.7
1.47
1.62
256
2,300
376.3
3,733.7
3.29
2.35
P/O
2008
700
141
256
52
18.31
5.27
4,678.1
272.2
4,950.2
1.0
2.5
25.2
68.3
0.0
97.0
32.8
22.6
240.6
296.0
4,557.3
50,170.0
1.54
1.62
256
2,555
393.0
4,126.6
3.80
2.44
P/O
2009
700
141
256
52
17.92
5.22
4,577.5
270.9
4,848.4
0.0
0.0
24.5
66.7
0.0
91.2
31.9
22.1
234.6
288.6
4,468.6
54,638.6
1.49
1.60
256
2,811
379.8
4,506.5
4.06
2.52
P/O
2010
700
142
256
52
17.53
5.17
4,479.5
267.0
4,746.4
0.9
2.4
29.4
22.0
0.0
54.8
31.0
23.1
235.0
289.1
4,402.5
59,041.1
1.35
1.58
256
3,066
343.9
4,850.4
4.07
2.59
P/O
2011
700
143
256
52
17.15
5.12
4,382.2
267.9
4,650.1
0.0
0.0
27.1
21.6
0.0
48.7
30.1
22.7
229.4
282.2
4,319.2
63,360.3
1.30
1.56
256
3,322
330.9
5,181.3
4.33
2.66
P/O
2012
700
144
256
50
16.77
5.07
4,285.8
254.6
4,540.3
1.8
3.0
13.6
21.2
0.0
39.5
29.2
22.2
223.5
274.9
4,225.9
67,586.2
1.23
1.54
256
3,577
314.4
5,495.7
4.55
2.72
P/O
2013
700
144
256
54
16.40
5.02
4,190.3
269.0
4,459.3
0.0
0.0
9.3
0.5
0.0
9.8
28.4
21.7
217.8
267.9
4,181.6
71,767.8
1.09
1.51
256
3,833
277.7
5,773.4
4.44
2.78
P/O
2007
256
2,300
114
1,590
313
376
3,734
52.89
2008
256
2,555
103
1,694
283
393
4,127
52.53
2009
256
2,811
93
1,787
256
380
4,506
52.17
2010
256
3,066
85
1,872
232
344
4,850
51.81
2011
256
3,322
76
1,948
209
331
5,181
51.45
2012
256
3,577
69
2,017
189
314
5,496
51.11
2013
256
3,833
63
2,080
171
278
5,773
50.75
4685
4557
4469
4403
4319
4226
4182
32.3%
28.6%
25.7%
23.4%
21.5%
19.9%
18.6%
2014 Total BP
TOTAL
Unit
700
1,278
4,088
MBCD
145
248
809 MMSCFD
256
1,278
4,088 MMSTB
53
247
812
BSCF
16.02
($/bbl)
4.97
($/MCF)
4,094.4
26,708.3
77,556.9
MM$
262.5
1,380.8
4,341.2
MM$
4,356.8
28,089.1
81,898.1
MM$
0.8
0.0
4.5
MM$
2.2
0.0
10.1
MM$
9.0
101.5
326.9
MM$
0.0
183.2
609.3
MM$
0.0
240.0
240.0
MM$
12.1
524.8
1,190.7
MM$
27.6
195.9
545.2
MM$
21.2
116.0
364.0
MM$
212.2
1,352.5
3,946.6
MM$
261.0
1,664.4
4,855.8
MM$
4,083.8
25,899.8
75,851.6
MM$
75,851.6
104,897.3
675,294.3
MM$
1.07
3.13
1.48
($/bbl)
1.48
3.03
13.43
($/bbl)
256
1,278
4,088 MMSTB
4,088
5,110
4,088 MMSTB
273.1
2,189.3
6,046.5
MM$
6,046.5
8,529.2
54,918.8
MM$
4.83
4.22
1.97
($/bbl)
2.83
3.51
2.83
($/bbl)
P/O
2014
256
4,088
57
2,136
155
273
6,047
50.40
954
2,136
(MMSTB)
(MMSTB)
(MMSTB)
(MMSTB)
(MBCD)
(MM$)
(MM$)
($/boe)
4084
IRR=
17.4%
51.8%
17.4%
GRR=
RT=
TABLE - 7B
OIL
GAS
OIL
GAS
OIL
GAS
Arab Light
Weighted
OIL
GAS
TOTAL
CAPEX
CAPEX
CAPEX
CAPEX
CAPEX
CAPEX
OPEX
OPEX
OPEX
OPEX
PROJECT
PROJECT
Unit Prod
Unit Prod
Unit Prod
Prod
Prod
Production
Production
PRICE
PRICE
Base Price
Price Diff
REVENUE
REVENUE
REVENUE
On-Land
On-Land
Offshore
Offshore
Offshore
TOTAL
Rate
Rate
ANNUAL
ANNUAL
Nominal
Nominal
Nominal
Nominal
Nominal
Nominal
Wells
F/Ls
Wells
P/Fs&F/Ls
Facilities
Fixed
Variable
Carried
TOTAL
Net Cash Flow
Net Present Value
Capital
Capital Unadj.
Capital Adj.
NCF
NPV
Capex Only
Capex & Opex
Capex & Opex
MBCD
MMSCFD
MMSTB
BSCF
($/bbl)
($/MCF)
($/bbl)
($/bbl)
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
MM$
($/bbl)
($/bbl)
($/bbl)
1999
700
119
256
46
21.20
5.75
23.00
-1.80
5,416.6
264.0
5,680.6
0.0
0.0
9.6
27.0
0.0
36.6
33.8
24.2
251.0
308.9
5,335.1
5,335.1
0.14
1.35
3.15
2000
700
133
256
46
22.18
5.92
24.00
-1.82
5,667.0
273.2
5,940.2
0.0
0.0
33.8
29.4
51.0
114.2
43.2
25.1
295.9
364.2
5,461.8
10,796.9
0.45
1.87
3.69
2001
700
136
256
50
23.16
6.10
25.00
-1.84
5,917.4
303.5
6,220.9
0.0
0.0
18.4
1.9
130.1
150.3
43.6
25.6
300.0
369.2
5,701.4
16,498.4
0.59
2.03
3.87
2002
700
137
256
50
23.62
6.28
25.50
-1.88
6,034.9
314.7
6,349.6
0.0
0.0
22.6
59.2
79.6
161.4
44.0
26.1
304.2
374.4
5,813.9
22,312.2
0.63
2.10
3.98
2003
700
137
256
51
24.10
6.47
26.00
-1.90
6,157.6
327.0
6,484.6
0.0
0.0
4.5
59.8
0.0
64.2
44.5
26.6
308.2
379.2
6,041.1
28,353.4
0.25
1.74
3.64
2004
700
138
256
51
24.57
6.67
26.50
-1.93
6,277.6
338.4
6,616.1
0.0
0.0
34.2
60.3
0.0
94.5
44.9
27.1
312.4
384.4
6,137.2
34,490.5
0.37
1.87
3.80
2005
700
139
256
50
24.94
6.87
26.90
-1.96
6,372.2
345.7
6,717.8
0.0
0.0
33.2
131.3
0.0
164.5
45.4
27.6
316.6
389.6
6,163.8
40,654.3
0.64
2.17
4.13
2006
700
139
256
54
25.31
7.07
27.30
-1.99
6,466.7
383.7
6,850.4
0.0
0.0
33.5
63.1
0.0
96.6
45.8
30.9
333.0
409.7
6,344.2
46,998.5
0.38
1.98
3.97
2007
700
140
256
50
25.68
7.28
27.70
-2.02
6,561.2
366.1
6,927.3
0.0
0.0
35.3
64.3
0.0
99.6
46.3
31.5
337.7
415.4
6,412.3
53,410.8
0.39
2.02
4.04
2008
700
141
256
52
26.06
7.50
28.10
-2.04
6,658.3
387.4
7,045.7
1.4
3.6
35.9
97.2
0.0
138.0
46.8
32.1
342.4
421.3
6,486.4
59,897.2
0.54
2.19
4.23
2009
700
141
256
52
26.52
7.73
28.60
-2.08
6,775.9
401.0
7,176.9
0.0
0.0
36.3
98.7
0.0
135.0
47.2
32.7
347.3
427.3
6,614.6
66,511.8
0.53
2.20
4.28
2010
700
142
256
52
26.99
7.96
29.10
-2.11
6,895.9
411.0
7,306.9
1.4
3.7
45.3
33.9
0.0
84.4
47.7
35.6
361.8
445.1
6,777.5
73,289.3
0.33
2.07
4.18
2011
700
143
256
52
27.46
8.20
29.60
-2.14
7,016.0
429.0
7,445.0
0.0
0.0
43.4
34.6
0.0
78.0
48.2
36.3
367.3
451.8
6,915.2
80,204.4
0.31
2.07
4.21
2012
700
144
256
50
27.93
8.44
30.10
-2.17
7,136.1
423.9
7,560.0
3.0
4.9
22.6
35.3
0.0
65.8
48.7
36.9
372.1
457.7
7,036.4
87,240.9
0.26
2.05
4.22
2013
700
144
256
54
28.40
8.70
30.60
-2.20
7,256.2
465.9
7,722.1
0.0
0.0
16.1
0.8
0.0
16.9
49.1
37.6
377.2
463.9
7,241.2
94,482.1
0.07
1.88
4.08
2014 Total BP
TOTAL
Unit
700
1,278
4,088
MBCD
145
248
809 MMSCFD
256
1,278
4,088 MMSTB
53
247
812
BSCF
28.86
($/bbl)
8.96
($/MCF)
31.10
($/bbl)
-2.24
($/bbl)
7,373.7
30,054.5
103,983.4
MM$
472.7
1,556.9
5,907.2
MM$
7,846.4
31,611.4
109,890.6
MM$
1.5
0.0
7.2
MM$
4.0
0.0
16.3
MM$
16.3
113.5
441.0
MM$
0.0
210.5
796.8
MM$
0.0
260.6
260.6
MM$
21.8
584.6
1,521.9
MM$
49.6
220.2
728.8
MM$
38.2
130.4
494.1
MM$
382.2
1,520.7
5,309.2
MM$
470.0
1,871.4
6,532.0
MM$
7,354.6
29,155.4
101,836.7
MM$
101,836.7
112,451.4
822,312.4
MM$
0.09
($/bbl)
1.92
($/bbl)
4.16
($/bbl)
TABLE - 1A

15.00 ( % )
Annual General Background Inflation Rate, f (%)
4.00 ( % )
10.58 ( % )
1999-2015 Project Life: 16 (Years), n
16 (including year 1999 as Year-0 or Base-Year)
Cum Present Value Factor (Inverse of Capital Recovery Factor)
VALUE ANALYSIS
Net Present Value, NPV (MM$)
Annualized Net Present Value, ANPV (MM$)
Profitability Index, PI ($ Returned / $ Invested) = 1 + NPV / PVC
- Based on Initial Capital only
- Based on Total Capital
Investment Efficiency, IE ($ NPV / $ Investment) = NPV / Investment
DCF Rate of Return (%)
- Nominal
- Real { = [(Nominal DCFROR + 1) / (1 + f) - 1] x 100 }
Growth Rate of Return (%)
- Real
Pay-out Time after Production Start-up (Years)
Cumulative Oil Production (MMSTB)
- Undiscounted
- Discounted
Average Unit NPV Profit, AUP, Using Undiscounted Production ($/bbl)
EXPENDITURE ANALYSIS
Present Value Cost, PVC (MM$) :
1)
Capital Expenditures Only
- Initial (3-Yr Development Only)
- Total (16 -Yr Production Period)
2)
Operating Expenditures Only
3)
Total Capital & Operating Expenditures
Annualized Present Value Cost, APVC (MM$)
- OPEX Only
- Total Costs
Average Cost of Oil Prod (ACOP), using Undiscounted Prod ($/bbl)
- OPEX Only
- Total Costs
Break Even Cost/Price of Oil Production, MCOP/MPOP ($/bbl)

(equivalent to Annualized Unit Cost, AUC, using Discounted Prod)
- OPEX Only
- Total Costs
TABLE - 1b

15.00 ( % )
Annual General Background Inflation Rate, f (%)
4.00 ( % )
10.58 ( % )
1999-2005Project Life: 6 (Years), n
6 (including year 1999 as Year-0 or Base-Year)
Cum Present Value Factor (Inverse of Capital Recovery Factor)
VALUE ANALYSIS
Net Present Value, NPV (MM$)
Annualized Net Present Value, ANPV (MM$)
Profitability Index, PI ($ Returned / $ Invested) = 1 + NPV / PVC
Investment Efficiency, IE ($ NPV / $ Investment) = NPV / Investment
DCF Rate of Return (%)
- Nominal
- Real { = [(Nominal DCFROR + 1) / (1 + f) - 1] x 100 }
- Real
Growth Rate of Return (%)
Pay-out Time after Production Start-up (Years)
Cumulative Oil Production (MMSTB)
- Undiscounted
- Discounted
Average Unit NPV Profit, AUP, Using Undiscounted Production ($/bbl)
EXPENDITURE ANALYSIS
Present Value Cost, PVC (MM$) :
1)
Capital Expenditures Only
- Initial (3-Yr Development Only)
- Total (6 -Yr Production Period)
2)
Operating Expenditures Only
3)
Total Capital & Operating Expenditures
Annualized Present Value Cost, APVC (MM$)
- OPEX Only
- Total Costs
Average Cost of Oil Prod (ACOP), using Undiscounted Prod ($/bbl)
- OPEX Only
- Total Costs
Break Even Cost/Price of Oil Production, MCOP/MPOP ($/bbl)

(equivalent to Annualized Unit Cost, AUC, using Discounted Prod)
- OPEX Only
- Total Costs
Year-0 or Base-Year)
Undiscounted CF @ 0%
Base-Year
Nominal
Real 1999 $
1999 $
(Then Crnt $) Dsc @ 4.0 %
16
16
16
Discounted CF @
10.0 %
15.0 %
20.0 %
7.82
5.95
4.73
83,875
5,242
101,837
6,365
75,852
4,741
52,629
6,727
41,169
6,914
33,628
7,110
285.5
60.1
339.2
67.9
266.8
64.7
199.9
61.4
166.0
59.8
135.8
58.9
293.9
59.1
356.9
71.7
265.8
53.4
198.9
60.4
165.0
58.8
142.4
57.9
n/a
n/a
(1 + f) - 1] x 100 }
n/a
n/a
n/a
16.3
n/a
n/a
n/a
n/a
n/a
n/a
4,088
4,088
20.52
4,088
4,088
24.91
4,088
3,096
18.55
4,088
2,199
12.87
4,088
1,750
10.07
4,088
1,450
8.23
295
1,420
6,040
7,460
301
1,522
6,532
8,054
285
1,191
4,856
6,047
265
871
3,359
4,230
250
700
2,620
3,321
250
581
2,135
2,716
- OPEX Only
- Total Costs
378
466
408
503
303
378
429
541
440
558
451
574
- OPEX Only
- Total Costs
1.48
1.82
1.60
1.97
1.19
1.48
0.82
1.03
0.64
0.81
0.52
0.66
- OPEX Only
- Total Costs
1.48
1.82
1.60
1.97
1.57
1.95
1.53
1.92
1.50
1.90
1.47
1.87
Year-0 or Base-Year)
Undiscounted CF @ 0%
Base-Year
Nominal
Real 1999 $
1999 $
(Then Crnt $) Dsc @ 4.0 %
6
6
6
Discounted CF @
10.0 %
15.0 %
20.0 %
4.36
3.78
3.33
26,125
4,354
29,155
4,859
25,900
4,317
21,982
5,047
19,389
5,123
17,255
5,189
89.6
47.3
97.8
50.9
91.8
50.3
84.1
49.7
78.7
49.1
70.1
48.7
91.5
46.3
102.2
51.7
90.8
45.9
83.1
48.7
77.7
48.1
73.1
47.7
n/a
n/a
(1 + f) - 1] x 100 }
n/a
n/a
n/a
42.5
n/a
n/a
n/a
n/a
n/a
n/a
1,278
1,278
20.45
1,278
1,278
22.82
1,278
1,137
20.27
1,278
969
17.21
1,278
856
15.18
1,278
764
13.51
295
564
1,816
2,380
301
585
1,871
2,456
285
525
1,664
2,189
265
452
1,415
1,867
250
403
1,250
1,653
250
362
1,114
1,476
- OPEX Only
- Total Costs
303
397
312
409
277
365
325
429
330
437
335
444
- OPEX Only
- Total Costs
1.42
1.86
1.46
1.92
1.30
1.71
1.11
1.46
0.98
1.29
0.87
1.16
- OPEX Only
- Total Costs
1.42
1.86
1.46
1.92
1.46
1.92
1.46
1.93
1.46
1.93
1.46
1.93
TABLE S - 3
Conventional # Wells
Location
Offshore
X
E
G
O
W
Y
V
I
P
P
D
I
S
Z
C
C
C
C
C
C
C
V
I
P
P
D
I
S
C
C
C
C
C
C
C
Offshore Total
On-Land
E
G
O
W
On-Land Total
Grand Total
Data
Sum of 1999 Sum of 2000 Sum of 2001 Sum of 2002 Sum of 2003 Sum of 2004 Sum of 2005 Sum of 2006 Sum of 2007 Sum of 2008 Sum of 2009 Sum of 2010 Sum of 2011 Sum of 2012 Sum of 2013 Sum of 2014
1
2
0
2
2
2
2
2
2
3
3
1
0
1
1
1
1
6
1
6
1
4
1
4
Horizontal # Wells
Location
Offshore
X
E
G
O
W
Y
V
I
P
P
D
I
S
Z
H
H
H
H
H
H
H
V
I
P
P
D
I
S
H
H
H
H
H
H
H
Data
Offshore Total
On-Land
E
G
O
W
On-Land Total
Grand Total
11
11
11
11
5
1
1
6
11
11
Conventional # Rig-YrsWells
Location
Offshore
X
E
G
O
W
Y
V
I
P
P
D
I
S
Z
C
C
C
C
C
C
C
V
I
P
P
D
I
S
C
C
C
C
C
C
C
Y
V
I
P
P
D
I
S
Z
H
H
H
H
H
H
H
V
I
P
P
D
I
S
H
H
H
H
H
H
H
Offshore Total
On-Land
E
G
O
W
On-Land Total
Grand Total
Data
0.07
0.14
0.00
0.14
0.14
0.14
0.14
0.14
0.14
0.21
0.21
0.07
0.00
0.07
0.07
0.07
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.21
0.26
0.16
0.16
0.00
0.26
0.31
0.31
0.26
0.10
0.10
0.21
0.21
0.10
0.10
0.10
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.28
0.40
0.16
0.29
0.14
0.40
0.45
0.45
0.40
0.31
0.31
0.28
0.21
0.17
0.17
0.17
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.06
0.00
0.06
0.00
0.06
0.00
0.06
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.06
0.00
0.06
0.00
0.06
0.00
0.06
0.28
0.40
0.16
0.29
0.14
0.40
0.45
0.45
0.40
0.37
0.31
0.34
0.21
0.24
0.17
0.24
Horizontal # Rig-YrsWells
Location
Offshore
X
E
G
O
W
Offshore Total
On-Land
E
G
O
W
On-Land Total
Grand Total
Data
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.58
0.38
0.38
0.00
0.67
0.58
0.58
0.67
0.77
0.77
1.05
1.05
0.48
0.29
0.29
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.58
0.38
0.38
0.00
0.67
0.58
0.58
0.67
0.77
0.77
1.05
1.05
0.48
0.29
0.29
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.07
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.07
0.00
0.00
0.00
0.58
0.38
0.38
0.00
0.67
0.58
0.58
0.67
0.77
0.77
1.05
1.05
0.55
0.29
0.29
TABLE S - 2
Offshore Platforms, Well W/O's & Servicing & Testing Job Requirements Summary
# Platforms Installed In Water
P/F Type
8-Well P/F
6-Well P/F
4-Well P/F
Tripod P/F
MLS
FSC
Tie-In P/F
24Well P/F
12Well P/F
Data
Remark
Installed In Water
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Installed In Water
0
0
1
1
0
2
2
2
2
2
2
3
3
1
1
1
Installed In Water
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Installed In Water
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Installed In Water
0
2
0
2
2
2
1
0
0
0
0
0
0
0
0
0
Installed In Water
0
0
0
0
0
0
1
2
2
3
3
1
0
1
1
1
Installed In Water
0
0
0
0
0
0
0
0
1
0
0
0
0
0
0
0
Installed In Water
Installed In Water
# Well Work Overs

Location
Offshore
Activity
# A-Lift Wells
# Well Srvc
# Well Test
# Well W/Os
Offshore Total
On-Land
# A-Lift Wells
# Well Srvc
# Well Test
# Well W/Os
On-Land Total
Grand Total
Data
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
37
39
39
40
40
41
42
43
44
46
47
48
50
50
51
51
18
19
19
20
20
20
20
21
22
22
23
23
25
25
25
25
11
11
11
11
11
11
11
13
13
13
13
14
14
14
14
14
66
69
69
71
71
72
73
77
79
81
83
85
89
89
90
90
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
66
69
69
71
71
72
73
77
79
81
83
85
89
89
90
90
TABLE S - 1A
Projected CAPEX & OPEX Summary (Base-Year 1999 MM$)
Wells & F/Ls CAPEX
Location
Offshore
Offshore Total
On-Land
Parameter
Unit
FLs P-(OP,GP,EV)
CAPEX (MM$)
FLs W-(WI,GI,WD&WS)CAPEX (MM$)
Wells
CAPEX (MM$)
FLs P-(OP,GP,EV)
CAPEX (MM$)
Wells
CAPEX (MM$)
On-Land Total
Grand Total
Data
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
9.6
33.8
18.8
23.5
4.8
37.1
35.6
35.6
37.1
37.4
37.4
46.3
43.9
22.7
16.0
16.0
9.6
33.8
18.8
23.5
4.8
37.1
35.6
35.6
37.1
37.4
37.4
46.3
43.9
22.7
16.0
16.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.8
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
3.0
0.0
3.0
0.0
3.0
0.0
3.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
1.4
0.0
1.4
0.0
3.0
0.0
1.4
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
4.4
0.0
4.4
0.0
6.8
0.0
4.4
9.6
33.8
18.8
23.5
4.8
37.1
35.6
35.6
37.1
41.8
37.4
50.7
43.9
29.4
16.0
20.4
P/F CAPEX
P/F Type
8-Well P/F
6-Well P/F
Remark
CAPEX
CAPEX
Data
UNIT
Base-Yr (MM$)
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Base-Yr (MM$)
27.0
27.0
0.0
54.0
54.0
54.0
54.0
54.0
54.0
81.0
81.0
27.0
27.0
27.0
0.0
0.0
4-Well P/F
Tripod P/F
MLS
FSC
Tie-In P/F
24Well P/F
12Well P/F
Grand Total
CAPEX
CAPEX
CAPEX
CAPEX
CAPEX
CAPEX
CAPEX
Base-Yr (MM$)
Base-Yr (MM$)
Base-Yr (MM$)
Base-Yr (MM$)
Base-Yr (MM$)
Base-Yr (MM$)
Base-Yr (MM$)
0.0
0.0
0.0
0.0
0.0
0.0
0.0
27.0
0.0
0.0
1.8
0.0
0.0
0.0
0.0
28.8
0.0
0.0
1.8
0.0
0.0
0.0
0.0
1.8
0.0
0.0
1.8
0.0
0.0
0.0
0.0
55.8
0.0
0.0
0.9
0.3
0.0
0.0
0.0
55.2
0.0
0.0
0.0
0.6
0.0
0.0
0.0
54.6
0.0
0.0
0.0
0.6
62.0
0.0
0.0
116.6
0.0
0.0
0.0
0.9
0.0
0.0
0.0
54.9
0.0
0.0
0.0
0.9
0.0
0.0
0.0
54.9
0.0
0.0
0.0
0.3
0.0
0.0
0.0
81.3
0.0
0.0
0.0
0.0
0.0
0.0
0.0
81.0
0.0
0.0
0.0
0.3
0.0
0.0
0.0
27.3
0.0
0.0
0.0
0.3
0.0
0.0
0.0
27.3
0.0
0.0
0.0
0.3
0.0
0.0
0.0
27.3
0.0
0.0
0.0
0.6
0.0
0.0
0.0
0.6
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
TABLE S - 1B
Wells & F/Ls CAPEX
Location
Offshore
Offshore Total
On-Land
Parameter
Unit
FLs P-(OP,GP,EV)
CAPEX (MM$)
Wells
CAPEX (MM$)
FLs P-(OP,GP,EV)
CAPEX (MM$)
Wells
CAPEX (MM$)
On-Land Total
Grand Total
Data
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
9.6
33.8
18.4
22.6
4.5
34.2
33.2
33.5
35.3
35.9
36.3
45.3
43.4
22.6
16.1
16.3
9.6
33.8
18.4
22.6
4.5
34.2
33.2
33.5
35.3
35.9
36.3
45.3
43.4
22.6
16.1
16.3
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
1.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
3.6
0.0
3.7
0.0
3.9
0.0
4.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
1.4
0.0
1.4
0.0
3.0
0.0
1.5
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
5.0
0.0
5.1
0.0
7.9
0.0
5.5
9.6
33.8
18.4
22.6
4.5
34.2
33.2
33.5
35.3
40.9
36.3
50.4
43.4
30.5
16.1
21.8
P/F CAPEX
P/F Type
8-Well P/F
6-Well P/F
Remark
CAPEX
CAPEX
Data
UNIT
Nominal (MM$)
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Nominal (MM$)
27.0
27.5
0.0
57.3
58.5
59.6
60.8
62.0
63.3
96.8
98.7
33.6
34.2
34.9
0.0
0.0
4-Well P/F
Tripod P/F
MLS
FSC
Tie-In P/F
24Well P/F
12Well P/F
Grand Total
CAPEX
CAPEX
CAPEX
CAPEX
CAPEX
CAPEX
CAPEX
Nominal (MM$)
Nominal (MM$)
Nominal (MM$)
Nominal (MM$)
Nominal (MM$)
Nominal (MM$)
Nominal (MM$)
0.0
0.0
0.0
0.0
0.0
0.0
0.0
27.0
0.0
0.0
1.8
0.0
0.0
0.0
0.0
29.4
0.0
0.0
1.9
0.0
0.0
0.0
0.0
1.9
0.0
0.0
1.9
0.0
0.0
0.0
0.0
59.2
0.0
0.0
1.0
0.3
0.0
0.0
0.0
59.8
0.0
0.0
0.0
0.7
0.0
0.0
0.0
60.3
0.0
0.0
0.0
0.7
69.8
0.0
0.0
131.3
0.0
0.0
0.0
1.0
0.0
0.0
0.0
63.1
0.0
0.0
0.0
1.1
0.0
0.0
0.0
64.3
0.0
0.0
0.0
0.4
0.0
0.0
0.0
97.2
0.0
0.0
0.0
0.0
0.0
0.0
0.0
98.7
0.0
0.0
0.0
0.4
0.0
0.0
0.0
33.9
0.0
0.0
0.0
0.4
0.0
0.0
0.0
34.6
0.0
0.0
0.0
0.4
0.0
0.0
0.0
35.3
0.0
0.0
0.0
0.8
0.0
0.0
0.0
0.8
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0

1,600
1,400
1,200
1,000
800
600
400
200
0
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
Rate
400
350
300
250
200
150
100
50
0
2009
2010
2011
2012
2013
2014
RATE MAX
(MBCD)
RATE
(MBCD)
Prod H20
(MBCD)
Injc H20
(MBCD)
Prod Gas Cap
(MMSCFD)
GOR
(SCF/bbl)
Prod Soln Gas
(MMSCFD)
LIFT Gas
(MMSCFD)
Injc Gas
(MMSCFD)
(MBCD)
(MBCD)
(Fraction)
(SCF/bbl)
(MMSCFD)
(MMSCFD)
(MMSCFD)
(MMSCFD)
(%)
(MBCD)
(MBCD)
Field - Multiple Reservoirs

50%
45%
40%
35%
30%
25%
20%
15%
10%
5%
0%
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
Rates Forecast
- Contract Production Rate
le Reservoirs

(MBCD)
(MBCD)
(Fraction)
(SCF/bbl)
(MMSCFD)
(MMSCFD)
(MMSCFD)
(MMSCFD)
(%)
(MBCD)
(MBCD)
500
450
400
350
300
250
200
150
100
50
2009
2010
2011
2012
2013
0
2014
FEUR
(Fraction)
Avg CUT
(%)
GOR
(SCF/bbl)

250
200
150
100
50
0
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
Rate
OIL
OIL
OIL
OIL
OIL
OIL
4,500.0
4,000.0
Input Rate MBCD

Forecast Val. 0.555
w/ Forecast MSTB
w/ Constant MSTB
ANNUAL MMSTB
CUMM MMSTB
3,500.0
3,000.0
2,500.0
2,000.0
1,500.0
1,000.0
500.0
0.0
2010
2011
2012
2013
2014
GAS GOR (SCF/bbl)

WATER CUMM MMSTB
OIL CUMM MMSTB
GAS CUMM BSCF
GAS
GAS
GAS
GAS
GAS
GAS
Input Rate MMSCFD

Forecast Val. 0.555
w/ Forecast MMSCF
w/ Constant MMSCF
ANNUAL BSCF
CUMM BSCF
WATER
WATER
WATER
WATER
WATER
WATER
Input Rate MBCD

Forecast Val. 0.555
w/ Forecast MSTB
w/ Constant MSTB
ANNUAL MMSTB
CUMM MMSTB
GAS GOR (SCF/bbl)
Rate MBCD
cast Val. 0.555
orecast MSTB
onstant MSTB
UAL MMSTB
ut Rate MMSCFD
ecast Val. 0.555
orecast MMSCF
Constant MMSCF
NUAL BSCF
nput Rate MBCD

Forecast Val. 0.555
w/ Forecast MSTB
w/ Constant MSTB
ANNUAL MMSTB
CUMM MMSTB
R (SCF/bbl)

Development Plan - Economic Analysis - Contract Production Rate (# Wells By Types Shown in Legend)
12
10
0
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
Legend)
009
600.0
Row 11
19-On WDC
25-Off OPC
26-Off OPH
500.0
Row 37
Row 12
Row 13
Row 14
400.0
Row 15
Row 16
Row 17
Row 18
Row 20
300.0
19-On WD
Row 21
Row 22
Row 24
24-On EVH
Row 27
200.0
Row 28
Row 29
Row 30
Row 31
Row 32
100.0
Row 38
CUMM Base-Yr
0.0
2010
2011
2012
2013
2014
24-On EVH
25-Off OP
26-Off OP
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
On-Land OPC# Wells/FLs

On-Land OPH# Wells/FLs
On-Land GPC# Wells/FLs
On-Land GPH# Wells/FLs
On-Land GIC# Wells/FLs
On-Land GIH# Wells/FLs
On-Land WIC# Wells/FLs
On-Land WIH# Wells/FLs
On-Land WDC# Wells/FLs
On-Land WDH# Wells/FLs
On-Land WSC# Wells/FLs
On-Land WSH# Wells/FLs
On-Land EVC# Wells/FLs
On-Land EVH# Wells/FLs
Offshore OPC# Wells
Offshore OPH# Wells
Offshore GPC# Wells
Offshore GPH# Wells
Offshore GIC# Wells
Offshore GIH# Wells
Offshore WIC# Wells
Offshore WIH# Wells
Offshore EVC# Wells
Offshore EVH# Wells

18
17
16
15
14
14
14
14
14
14
13
13
12
10
2
2
0
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
ells & Onshore Flowlines

Reservoirs

# Wells
On- RIG-YRS
Off RIG-YRS
6.00
17
15
5.00
13
4.00
10
3.00
7
6
2.00
1.00
0.00
2009
2010
2011
2012
2013
2014
# Wells
Off RIG-YRS
On- RIG-YRS

Development Plan - Economic Analysis - Contract Production Rate (# Wells By Types S how
1.2
0.8
0.6
0.4
0.2
0
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
20
Development Plan - Economic Analysis - Co

ells & Onshore Flowlines

ion Rate (# Wells By Types S hown in Legend)
e Reservoirs
25.0
20.0
Row 11
Row 12
Row 13
Row 14
Row 15
15.0
Row 16
Row 17
Row 18
On- WDC # Wells
On- WDC # Wells
Row 20
Row 21
10.0
Row 22
Row 23
On- EVH # Wells
CUM CAPEX (MM$)
5.0
0.0
2010
2011
2012
2013
2014
On- EVH # Wells

CUM CAPEX (MM$)
ent Plan - Economic Analysis - Contract Production Rate (# Wells By Types Shown in Legend)
On- OPC # Wells

On- OPH # Wells
On- GPC # Wells
On- GPH # Wells
On- GIC # Wells
On- GIH # Wells
On- WIC # Wells
On- WIH # Wells
On- WDC # Wells
On- WDH # Wells
On- WSC # Wells
On- WSH # Wells
On- EVC # Wells
On- EVH # Wells
CUM On-Land Wells & F/Ls CAPEX (

Development Plan - Economic Analysis - Contract Production Rate (# Wells By Types S how
12
10
0
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
lls & Onshore Flowlines

on Rate (# Wells By Types S hown in Legend)
e Reservoirs
009
500.0
450.0
400.0
Off OPC # Wells
350.0
Off OPH # Wells

Row 27
300.0
Row 28
Off OPC # Wells

Off OPH # Wells
Row 29
Row 30
250.0
Row 31
Row 32
Off EVC # Wells
200.0
Row 38
CUM CAPEX (MM$)
Off EVC # Wells

CUM CAPEX (MM$)
150.0
100.0
50.0
0.0
2010
2011
2012
2013
2014
Off OPC # Wells

Off OPH # Wells
Off GPC # Wells
Off GPH # Wells
Off GIC # Wells
Off GIH # Wells
Off WIC # Wells
Off WIH # Wells
Off EVC # Wells
Off EVH # Wells
CUM Offshore Wells & F/Ls CAPEX (
Offshore P/F & F/L Requirements & Associated Costs (Base-Year 1999 & TC MM$
4
n.b . CUMM (MM$) = Budgeted funds for timing of requirements as shown.
0
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
Development Plan - Economic Analysis - Contract Produc

Costs (Base-Year 1999 & TC MM$)

Contract Production Rate
Reservoirs
800.0
700.0
600.0
500.0
400.0
# P/Fs 6-Well P/F
Row 11
# P/Fs 6-Well P/F
# P/Fs FSC
# P/Fs MLS
Row 15
Base-Yr (MM$) CAPEX
# P/Fs MLS
# P/Fs FSC
# P/Fs Tie-In P/F
# P/Fs 6-Well P/F
300.0
200.0
# P/Fs MLS
# P/Fs FSC
# P/Fs Tie-In P/F
100.0
Base-Yr (MM$) 6-Well P/F
0.0
2010
2011
2012
2013
2014
Base-Yr (MM$) MLS

Base-Yr (MM$) FSC
Base-Yr (MM$) Tie-In P/F
Base-Yr (MM$) CAPEX
Base-Yr (MM$) CAPEX
t Plan - Economic Analysis - Contract Production Rate

eld - Multiple Reservoirs
M$) 6-Well P/F
M$) Tie-In P/F
24Well P/F Installed In Water # P/Fs

12Well P/F Installed In Water # P/Fs
8-Well P/F Installed In Water # P/Fs
Tripod P/F Installed In Water # P/Fs
MLS Installed In Water # P/Fs
FSC Installed In Water # P/Fs
Tie-In P/F Installed In Water # P/Fs
24Well P/F Timing for CAPEX # P/Fs
12Well P/F Timing for CAPEX # P/Fs
8-Well P/F Timing for CAPEX # P/Fs
Tripod P/F Timing for CAPEX # P/Fs
MLS Timing for CAPEX # P/Fs
FSC Timing for CAPEX # P/Fs
Tie-In P/F Timing for CAPEX # P/Fs
24Well P/F CAPEX Base-Yr (MM$)
12Well P/F CAPEX Base-Yr (MM$)
8-Well P/F CAPEX Base-Yr (MM$)
Tripod P/F CAPEX Base-Yr (MM$)
MLS CAPEX Base-Yr (MM$)
FSC CAPEX Base-Yr (MM$)
Tie-In P/F CAPEX Base-Yr (MM$)
CAPEX TOTAL Base-Yr (MM$)
CAPEX CUMM Base-Yr (MM$)

140
120
100
80
60
40
20
0
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
es (Base-Year 1999 MM$ )

ontract Production Rate
eservoirs
2008

300
250
Row 18
GGCF
Row 17
200
Row 16
Row 15
Row 14
Row 13
GGCF
150
Row 11
Row 21
Row 22
Row 19
100
50
0
2009
2010
2011
2012
2013
2014
CUMM
TOTAL
CUMM
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
GOSP UpStream Base-Yr (MM$)

GGCF UpStream Base-Yr (MM$)
WCHF UpStream Base-Yr (MM$)
WIP UpStream Base-Yr (MM$)
ALFT UpStream Base-Yr (MM$)
GICP UpStream Base-Yr (MM$)
UPS1 UpStream Base-Yr (MM$)
UPS2 UpStream Base-Yr (MM$)
PPLN DownSteam Base-Yr (MM$)
DNS1 DownSteam Base-Yr (MM$)
DNS2 DownSteam Base-Yr (MM$)
SPRT Support Base-Yr (MM$)
TOTAL CAPEX Base-Yr (MM$)
CUMM CAPEX Base-Yr (MM$)
Project O PEX (or Direct Expenditures) (Base-Year 1999 MM$)

Large O il Field - Multiple Reservoirs
80.0
70.0
60.0
50.0
40.0
30.0
20.0
10.0
0.0
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
) (Base-Year 1999 MM$)

e Reservoirs
7,000.0
6,000.0
5,000.0
4,000.0
3,000.0
2,000.0
1,000.0
0.0
2009
2010
2011
2012
2013
2014
45-Offshore
Row 44
43-Offshore
Row 42
Row 41
Row 40
39-Offshore
Row 38
36-WATER
35-WATER
Row 34
33-GAS
32-GAS
31-OIL
Row 29
Row 28
Row 27
Row 26
Row 25
Row 24
Row 23
Row 22
Row 21
Row 20
19-GGCF
18-GOSP
55-CUMM
11-OIL
12-GAS
13-GAS
15-WATER
16-WATER
18-GOSP
19-GGCF
30-Sub-Tot
31-OIL
32-GAS
33-GAS
35-WATER
36-WATER
37-Sub-Tot
39-Offshor
43-Offshor
45-Offshor
46-Sub-Tot
47-TOTAL
48-TOTAL
49-CUMM
50-Overhe
52-Sub-Tot
53-CUMM
54-TOTAL
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55-CUMM
55
OIL Prod Rate

GAS Prod Rate
GAS Inj Rate
GAS A-Lift Rate
WATER Prod Rate
WATER Inj Rate
Description Type OPEX
GOSP Facility Fixed
GGCF Facility Fixed
WCHF Facility Fixed
WIP Facility Fixed
ALFT Facility Fixed
GICP Facility Fixed
UPS1 Facility Fixed
UPS2 Facility Fixed
PPLN Facility Fixed
DNS1 Facility Fixed
DNS2 Facility Fixed
SPRT Facility Fixed
Sub-Total OPEX Facility Fixed
OIL Prod Wells Variable
GAS Prod Wells Variable
GAS Inj Wells Variable
GAS A-Lift Wells Variable
WATER Prod Wells Variable
WATER Inj Wells Variable
Sub-Total OPEX Wells Variable
On-Land W/Os Variable
Offshore W/Os Variable
On-Land A-LIFT Variable
Offshore A-LIFT Variable
On-Land Well Test Variable
Offshore Well Test Variable
On-Land Well Srvc Variable
Offshore Well Srvc Variable
Sub-Total OPEX Other Variable
TOTAL OPEX Variable
TOTAL OPEX Fix+Var
CUMM OPEX Fix+Var
Overhead OPEX Carried
Personnel OPEX Carried
Sub-Total OPEX Carried
CUMM OPEX Carried
TOTAL OPEX Fix+Var+Car
CUMM OPEX Fix+Var+Car
Project O PEX (or Direct Expenditures) (Base-Year 1999 MM$)

7,000.0
6,000.0
5,000.0
4,000.0
3,000.0
2,000.0
1,000.0
0.0
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
) (Base-Year 1999 MM$)

e Reservoirs
008
7,000.0
6,000.0
11-OIL
12-GAS
13-GAS
5,000.0
15-WATER
16-WATER
4,000.0
50-Overhead
55-CUMM
53-CUMM
18-GOSP
19-GGCF
3,000.0
2,000.0
1,000.0
0.0
2009
2010
2011
2012
2013
2014
30-Sub-Tot
31-OIL
32-GAS
33-GAS
35-WATER
36-WATER
37-Sub-Tot
39-Offshor
43-Offshor
45-Offshor
46-Sub-Tot
47-TOTAL
48-TOTAL
49-CUMM
50-Overhe
52-Sub-Tot
53-CUMM
54-TOTAL
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55-CUMM
55
OIL Prod Rate

GAS Prod Rate
GAS Inj Rate
GAS A-Lift Rate
WATER Prod Rate
WATER Inj Rate
Description Type OPEX
GOSP Facility Fixed
GGCF Facility Fixed
WCHF Facility Fixed
WIP Facility Fixed
ALFT Facility Fixed
GICP Facility Fixed
UPS1 Facility Fixed
UPS2 Facility Fixed
PPLN Facility Fixed
DNS1 Facility Fixed
DNS2 Facility Fixed
SPRT Facility Fixed
Sub-Total OPEX Facility Fixed
OIL Prod Wells Variable
GAS Prod Wells Variable
GAS Inj Wells Variable
GAS A-Lift Wells Variable
WATER Prod Wells Variable
WATER Inj Wells Variable
Sub-Total OPEX Wells Variable
On-Land W/Os Variable
Offshore W/Os Variable
On-Land A-LIFT Variable
Offshore A-LIFT Variable
On-Land Well Test Variable
Offshore Well Test Variable
On-Land Well Srvc Variable
Offshore Well Srvc Variable
Sub-Total OPEX Other Variable
TOTAL OPEX Variable
TOTAL OPEX Fix+Var
CUMM OPEX Fix+Var
Overhead OPEX Carried
Personnel OPEX Carried
Sub-Total OPEX Carried
CUMM OPEX Carried
TOTAL OPEX Fix+Var+Car
CUMM OPEX Fix+Var+Car
Discounted Net Cash Flows in MM$

90,000.0
80,000.0
70,000.0
60,000.0
50,000.0
40,000.0
30,000.0
20,000.0
10,000.0
0.0
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
201
ws in MM$
e Reservoirs
80,000.0
70,000.0
60,000.0
50,000.0
40,000.0
30,000.0
20,000.0
10,000.0
0.0
2009
2010
2011
2012
2013
2014
NCF@ 20 %
NCF@ 15 %
NCF@ 10 %
NCF@ 4 %
NPV@ 20 %
NPV@ 15 %
NPV@ 10 %
NPV@ 4 %
Internal Rate of Return Using Discounted Net Cash Flows in MM$

60,000.0
40,000.0
20,000.0
0.0
1999
-20,000.0
-40,000.0
-60,000.0
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
d Net Cash Flows in MM$

e Reservoirs
0.5
0.4
0.3
0.2
0.1
0
2009
2010
2011
2012
2013
2014
-0.1
-0.2
-0.3
-0.4
-0.5
NCF@ 20 %
NCF@ 15 %
NCF@ 10 %
NCF@ 4 %
IRR=
IRR=
IRR=
IRR=
Growth Rate of Return Using Discounted Net Cash Flows in MM$

60,000.0
40,000.0
20,000.0
0.0
1999
-20,000.0
-40,000.0
-60,000.0
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
201
d Net Cash Flows in MM$

e Reservoirs
100.0%
80.0%
60.0%
40.0%
20.0%
0.0%
2009
2010
2011
2012
2013
2014
-20.0%
-40.0%
-60.0%
-80.0%
-100.0%
NCF@ 20 %
NCF@ 15 %
NCF@ 10 %
NCF@ 4 %
GRR=
GRR=
GRR=
GRR=

Oil and Gas Prices - Nominal $
35.00
30.00
25.00
20.00
15.00
10.00
5.00
0.00
1998
2000
2002
2004
2006
2008
2010
2012

e Reservoirs
ominal $
Oil and Gas Prices - Nominal $
35.00
30.00
25.00
20.00
($/bbl)
ArabLight
($/MCF)
15.00
10.00
5.00
2010
2012
2014
0.00
2016
as Prices - Nominal $

Discounted Revenue and Discounted Annual Average Cost of O il Production in $
60.00
50.00
40.00
30.00
20.00
Average Unit NPV Profit, AUP, Using Undiscounted Production ($/bbl) @ 10.0% = 12.87 $/bbl
10.00
0.00
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012

rage Cost of O il Production in $/bbl
e Reservoirs

Average Unit NPV Profit, AUP, Using Undi
60.00
50.00
40.00
Unit Prod Cos t@ 15 %

30.00

20.00
= 12.87 $/bbl
09
10.00
0.00
2010
2011
2012
2013
2014

Unit NPV Profit, AUP, Using Undiscounted Production ($/bbl) @ 10.0% = 12.87 $/bbl

Break Even O il Price in $/bbl
2.50
Average Unit NPV Profit, AUP, Using Undiscounted Production ($/bbl) @ 10.0% = 12.87 $/bbl
2.00
1.50
1.00
0.50
0.00
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013

in $/bbl
e Reservoirs

Average Unit NPV Profit, AUP, Using Undi
2.50
= 12.87 $/bbl
2010
2.00

1.50

B/E Oil Price @ 4 %
1.00
0.50
0.00
2011
2012
2013
2014
B/E Oil Price @ 0 %

Unit NPV Profit, AUP, Using Undiscounted Production ($/bbl) @ 10.0% = 12.87 $/bbl
Chart1
Chart2
Chart2b
Chart3
Chart4
Chart5a
Chart5b
Chart6
Chart7
Chart8a
Chart8b
Chart9a
Chart9b
Chart9c
Chart10
Chart11
Chart12
Development Plan - Economic Analysis - Contract P

Large
Oil FieldPlan
- Multiple
Reservoirs
Development
- Economic
Analysis - Contract P
Large
Oil FieldPlan
- Multiple
Reservoirs
Development
- Economic
Large
Oil
Field
Multiple
Reservoirs
Development Plan - Economic
Large
Oil FieldPlan
- Multiple
Reservoirs
Development
- Economic
Large Oil FieldPlan
- Multiple
Reservoirs
Development
- Economic
Large
Oil FieldPlan
- Multiple
Reservoirs
Development
- Economic
Large
Oil
Field
Multiple
Reservoirs
Large
Oil FieldPlan
- Multiple
Reservoirs
Development
- Economic
Large
Oil
Field
Multiple
Reservoirs
Large
Oil FieldPlan
- Multiple
Reservoirs
Development
- Economic
Large
Oil
Field
Multiple
Reservoirs
Development Plan - Economic Analysis - Contract P

Large
Oil Field - Multiple Reservoirs
Oil
and GasRevenue
Prices - Nominal
$
Discounted
and Discounted
Annual Avera
Large Oil
Field
Multiple
Reservoirs
Break
Even
Oil -Price
in $/bbl
CstDat
CstDat
CstDat
CstDat
CstDat
a8
a32
a65
a79
a99
BASIS COST
BASIS COST
BASIS COST
BASIS COST
Mneumonic
DATA
DATA
DATA
DATA
WORK
DRILLI
PATFO
FACILIT
RsvrDat
PrdInjDat
CapCostBsYr
CapCostTC
b1
a53
a100
a100

Annual Production Using D
BUSINESS PLAN CAPITAL B
BUSINESS PLAN CAPITAL N
t Plan - Economic Analysis - Contract Production Rate

eld
- Multiple
Reservoirs
t Plan
- Economic
Analysis - Contract Production Rate
eld
Multiple
Reservoirs
t Plan - Economic
eld
- Multiple
Reservoirs
t Plan
- Economic
Analysis - Contract Production Rate (# Wells By Types Shown in Legend)
eld
Multiple
Reservoirs
t Plan - Economic
eld
- Multiple
Reservoirs
t Plan
- Economic
Analysis - Contract Production Rate (# Wells By Types Shown in Legend)
eld
Multiple
Reservoirs
t Plan - Economic Analysis - Contract Production Rate (# Wells By Types Shown in Legend)
eld
- Multiple
Reservoirs
t Plan
- Economic
eld
Multiple
Reservoirs
t Plan - Economic
eld
- Multiple
Reservoirs
t Plan
- Economic
eld
Multiple
Reservoirs
t Plan - Economic
eld
- Multiple
Reservoirs
t Plan
- Economic

Prices - Nominal
$
Revenue
and Discounted
Annual Average Cost of Oil Production in $/bbl
eld
Multiple
Reservoirs
Oil -Price
in $/bbl
BASIS COST
BASIS COST
BASIS COST
BASIS COST
Mneumonic
DATA
DATA
DATA
DATA
WORK OVERS ETC.

DRILLING
PATFORM & FLOWLINE COSTS
FACILITY COST

Annual Production Using Decline If Rate Begin Year
BUSINESS PLAN CAPITAL Base-Yr (MM$)
BUSINESS PLAN CAPITAL Nominal (MM$)

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ECONOMIC ANALYSIS

Large Oil Field - Multiple Reservoirs

Project Profitability Measures Summary 16 Yrs.

Project OPEX (or Direct Expenditures) (Base-Year 1999 MM$)

Projected CAPEX & OPEX Summary (Base-Year 1999 MM$)

hen Current MM$)

On-Land & Offsh

Project Profitability Measures Summary 16 Yrs.

Footnotes Concerning Field Development :

Basic Production Estimation Methods:

BASIC RESERVOIR DATA

Oil Rate (MBCD) x GOR (SCF/STB) / 1000

(Reserves or Estimated Ultimate Recovery)

BASIC PRICE & ESCALATION RATE DATA

Spreadsheet Tab of Value Input

sheet Tab of Value Input Location

/ Bbl Oil (All DCF?)

BASIS COST DATA - WORK OVERS ETC.

BASIS COST DATA - DRILLING

BASIS COST DATA - PATFORM & FLOWLINE COSTS

BASIS COST DATA - FACILITY COST

% per Year of Initial Cost

BASIS COST DATA - WORK OVERS ETC.

BASIS COST DATA - DRILLING

Offshore WIC WATER Injector Conventional

BASIS COST DATA - PATFORM & FLOWLINE COSTS

BASIS COST DATA - FACILITY COST

per Year of Initial Cost

On-Land Wells & F CAPEX (MM$)

Sub-Total Base-Yr OPEX (MM$)

Well W/O etc.

P/F Type Planned Used For Field Development:

Large Oil Field - Multiple Reservoirs

Large Oil Field - Multiple Reservoirs

Large Oil Field - Multiple Reservoirs

B/E Oil Price @ 0 %

Net Cash Flow

Real DCF Rate of Return

Net Cash Flow

B/E Oil Price @ 0 %

Real DCF Rate of Return

B/E Oil Price @ 4 %

Net Cash Flow

Real DCF Rate of Return

B/E Oil Price @ 10 %

Net Cash Flow

B/E Oil Price @ 15 %

Real DCF Rate of Return

Net Cash Flow

B/E Oil Price @ 20 %

Real DCF Rate of Return

Net Cash Flow

B/E Oil Price @ 10.58 %

Real DCF Rate of Return

Annual Nominal Discount Rate, ANDR (%) :

Average Cost of Oil Prod (ACOP), using Undiscounted Prod ($/bbl)

Break Even Cost/Price of Oil Production, MCOP/MPOP ($/bbl)

Annual Nominal Discount Rate, ANDR (%) :

Average Cost of Oil Prod (ACOP), using Undiscounted Prod ($/bbl)

Break Even Cost/Price of Oil Production, MCOP/MPOP ($/bbl)

# Well Work Overs

Production & Injection Rates Forecast

Large Oil Field - Multiple Reservoirs

Field - Multiple Reservoirs