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PROFIT CALCULATION

CALCULATE THE BEFORE TAX PROFIT FOR THIS PROJECT

Years
Data Unit Total 1 2 3 4 5
Prodn Mbopd 60 50 40
Price $ / bbl 20 20 20 20 20
Capex $ MM 200 50 150
Opex $ MM 100 20 20 20

Revenue calculation
Prodn Mbopd 60 50 40
Days per yr No 365 365 365 365 365
Prodn MMbbl 0 0 21.9 18.25 14.6
Price $/bbl 20 20 20 20 20
Revenue $MM 0 0 438 365 292

Before-tax net cash flow ("BTNCF")


Revenue $MM 0 0 438 365 292
Capex $MM 50 150 0 0 0
Opex $MM 0 0 20 20 20
BTNCF $MM -50 -150 418 345 272

Profit Depreciate at 20% straight line from production star


Revenue $MM 0 0 438 365 292
CapexDeprn at 20% $MM 40 40 40
Opex $MM 0 0 20 20 20
Profit $MM 0 0 20 20 20
6 7
30 20
20 20

20 20

30 20
365 365
10.95 7.3
20 20
219 146

219 146
0 0
20 20
199 126

traight line from production start


219 146
40 40
20 20
20 20

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