Np=52.

20MMSTB Profit oil is 70% for Petronas & 30% for Contractor

For year 2021

Revenue=8250*75*365 Q=8250STB/Day
Revenue=$225.89M

Years
Items 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029
Production Rate, MMSTB 3.01 8.03 10.04 10.04 8.03 6.02 4.02 2.01 1.00
Oil Price, USD/STB 75.00 75.00 75.00 75.00 75.00 75.00 75.00 75.00 75.00
Revenue, USD MIL 225.84 602.25 752.81 752.81 602.25 451.69 301.13 150.56 75.28
Development Cost, USD Mil 30.00 200.00 350.00 100.00
Production Operating Cost, USD MIL 40.00 40.00 40.00 40.00 40.00 40.00 40.00 40.00 40.00
Royalty, USD MIL 22.58 60.23 75.28 75.28 60.23 45.17 30.11 15.06 7.53
COC @50%, USD MIL 0.00 0.00 112.92 301.13 376.41 376.41 301.13 225.84 150.56 75.28 37.64
Cost Carried Forward, USD MIL 0.00 30.00 230.00 507.08 305.95
Cost Incurrerd, USD MIL 30.00 200.00 390.00 140.00 40.00 40.00 40.00 40.00 40.00 40.00 40.00
Cost Bank, USD MIL 30.00 230.00 620.00 647.08 345.95 40.00 40.00 40.00 40.00 40.00 40.00
Cost Recovered, USD MIL 0.00 0.00 112.92 301.13 345.95 40.00 40.00 40.00 40.00 40.00 37.64
Cost Unrecovered, USD MIL 30.00 230.00 507.08 345.96 0.00 0.00 0.00 0.00 0.00 0.00 2.36
Profit Oil, USD MIL 0.00 0.00 90.34 240.90 331.58 637.53 502.03 366.52 231.01 95.51 30.11
Contractor Profit oil @ 30%, USD MIL 0.00 0.00 27.10 72.27 99.47 191.26 150.61 109.96 69.30 28.65 9.03
Contractor's Crude Entitlement, USD MIL 0.00 0.00 140.02 373.40 445.42 231.26 190.61 149.96 109.30 68.65 46.67
Petronas Profit Share, USD MIL 0.00 0.00 63.24 168.63 232.11 446.27 351.42 256.56 161.71 66.85 21.08
Royalty, USD MIL 0.00 0.00 22.58 60.23 75.28 75.28 60.23 45.17 30.11 15.06 7.53