minute item wfo. this calendar item .,y the state no.0 eds · minute item this calendar item no.0...
TRANSCRIPT
MINUTE ITEM This Calendar Item No.0 c3 ~ fl)Rroved as Mlnuta Item WfO. ~ . .,y the State eds f:n~~~ r~ a~k1 meetine.
A 57. S8
s 29
CALENDAR ITEM
22
SECOND MODIFICATION OF THE 1986-87
09/25/86 w 17089 Lammers
PLAN OF DEVELOPMENT AND OPERATIONS AND BUDGET. LONG BEACH UNIT. WILMINGTON OIL FIELD
LOS ANGELES COUNTY -
The City of Long Beach has submitted to the Commission the Second Modification cf the 1986-87 Plan of Development and Operations and Buaget of the Long Beach Unit. The Second Modification reduces the Budget by an additional $15,459,000 to $137,000,000 and modifies the Plan. when necessary. to meet the lower expenditure rate. The most significant Plan change is the reduction of driliing activity to one ac~ive drilling rig for the balance of the year.
With the a~erage posted price of 170 API Wilmington crude o~l declining 'to under $8.50 per barrel in July the need for additional cost reduction measures for the Long Beach Unit appear~d crucial. It was agreed-to -reduce drilling activity and tha Field Contractor reviewed areas where.additional savings might be made o~ expenditures were expected to be less than budgeted. Resulting reductions approximated $18.5 millioh. It was found however that the energy savings from interruptible service were less than pre~iously estimated by $3 million. These funds were returned to the budget with. the net effect of a $15.S million reduction.
While crude oil prices have recently recovered somewhat the increase has not been sufficient to warrant additional drilling rig activity. Desirable new well locations were becQ~ing a rarity before ~il prices started to decline and rig acti~ity reductions had already been planned. Cost reduction programs developed by the Unit Operator and· the Field Contractor that will not effect production should be put into effect or continued under any circumstances.
(REVISED 09/23/86) -1-
CALENDAR ITEM NO. (CONT'D)
Details of the cost reductions and the affected Budget Items together with the new budgeted amounts are presented in the attached Field Contr~ctors request for this Modification. Also presented in that request are revised Exhibits "C-3 11 and "C-411
which detail the lower anticipated levels of production and injection resui~±ng from this>modification. the current oil price, the reduced rate of expendi~ures, and the anti~ipated net income.
OTHER PERTINENT INFORMATION: i. P~~su~nt to the Commission's delega~ion of
i\i1thori ty and the state CEQA Guidelines ~i4 Cal. Adm. Code 15061). the staff has determined ~hat this activity is exempt from the requirements of the CEQA because the activity is not a "project" as de~~ned by CEQA and the State CEQA Guidelines.
Authority: P.R.C.: 21065 and 14 Cal. Adm. Code 15378.
EXHIBIT: A. Field Contractor's Request Letter.
IT IS RECOMMENDED ~HAT THE COMMISSION:
1. FIND THAT THE ACTIVITY IS EXEMPT FROM THE REQUIREMENTS OF THE CEQA PURSUANT TO 14 CAL. ADM. CODE 15061 DECAUSE THE ~~T~~~:YA6~.~g6D~ i~~;~~T AS DEFINED BY P.R.C. 21065 ANO
2-. APPROVE THE SECOND MOOIFICATION OF THE PLAN OF DEVELOPMENT AND or~RATION~ AND BUDGET. LONG BEACH UNIT. JULY 1. i986 THROUGk JUNE 20, 1987.
(REVISED 09/23/.86) -2-
CALENDAR P.AIGE
EXHIB-l-T "A" W 17089
Mr. J. Rs -Hellph111. Director Deo1rtMnt of 011 Properties 333 W.St Oc•an Baul•vard Long BHch, ~ 9CVJ02
Deir Mr. Haph111 :
-~·-.- 11. 19.
Tm.s Request Mo. ~J ""'« SiC~rid illOCHticitF·- - .... t .... .,.-.... , ... ,-a- of Devel~~ and Op.. . '°"~' 1nd ludgEt of ttt. Lang leech Unit \iluly 1, 1996 through Jun• 30, 1917)
In M.-.sn:f1nc1 with pro:,h1on1 of Part IV. Section .l-1. of the r~~J&-1~7 Plln and Bud~t. we al"• sut.1tt1na for your ~pprov1l the Second Mcx:ifH~~t10n at the Plln uf OittJe1apat9nt and l:•dpl. ur ..... Liinv Bcac;h Una '-UY~rlnv Lr"-. .,wriuJ J"lJ' l, 1986 through Jun@ 30, 1987.
Th1 s modi f1 cat1 on further reduc~s the scope of the 1986-1187 Pl an .and Bud9~' bec!u~e of the t:~nti nued uni:ertai rity ~oncel"'n1 ng 011 prices. ihe av.raga un1~ crude oil price, aftel"' 1 tem!-i()rary 1 110nth drop, 1s curr•nt1y ~lightly ibov• a $10/barrtl figure. ..(The First f!'d>dif1cat1on of th• 1986-U87 ~lun .,as bued on th• usumption cf a SlO/ba..-~,1 o~l price). _!nelud~ in th1~ H~ond 1110d1 ff cation t ~ • 1 .... 1 ~cJ P"'' L I Il ~•·v'", "» tt.. ;.. 9.H,\t :o~·~tet, -r:.sul t4 "I IP .. ttta 14111• .. 11 1f1cat1on ancl carry-ins frotn t,~e 1985-1986 Plan cr.Q Bu~get; changes lllldt by this lfl0dificat1on; and t~• adjuste':i .budget.
Thts• changes rtsult frolll the reduction rrOlll two to one dr1111ng rig fn Augus~. greater than anticipated personnel r9duct1on resulting ·rro. Thul!S' £~rly S.paration Enhanc1m1tnt P1an. anticip~t~ ~~vino~ 1~ t~ tAz~~ and f~ 1ev11d an the _Long Beach Unit, ~dj~s!'.td anc;rgy and water suplJJY costs, and i"educt1 an of activity in the 011 and Gas Prod~tion, a~d Managtmnt· Progf'US.
Also included are rev1sGct Exh1Mts C-3 1nd C_. which d.ta11 the loweF 1nt1-cfpat.e<i levels of productfon •nd tnJKtfon rnu1tin1 f'rOlll this ll!Qdt tlc:aLIUta·,.. Unr current 011 price, the reduced 1•~•1 of txpindftures, and the 1nt1c1patld net 1nc~.
(PAGES 149-149.).l ADDED 09/24i86}
N~. J. i~ Wollphill. Pil'CiCto~ ·Departmer;i of 011 Prcpert1 es
~ft81" IP?roval. th_,- ·total revfs!Cf: ~get will ~ ~137 .000.000.. diilvenuff of ~~37.119,~00 ll'e ~~t1c1patecl by t~1S llOd1f1Clt1on.· resulting 1n I' n.C ape~at1ng proft t of l's100 ,US',,000 to ttte Unit. ·
Your 1Pprov1l of ':this Second .Modtf1cat1on to ttte 1911-1917- '.Pt-_n Ind Bu~-t t• ,..-quested at 1QUr 11r1iest convcnilKe.
AttachMnt
'· I. ,_.1"11 1w:ra1 ..... ,.
IUDIET c• (Tltoutlftd1. of Dollars> MD - CUllEIT
- ACCOUNT IUDl£T ADJUSTED N\lllER ...r MDDlFICATIDll. IUD6lT
A. DRILLINC AHO DEYELCl'MEMT PROGRAM 1. !t!Uni and ~H 111 iiJ
•• Inves•wt
11-401 (1) DeYelop111nt Dr1111nt 11,Cl7 (4,317) 1,750 11...0S (U v.n. - Wrl11/liK61Pl•u 0 - 0 - 0 11.-Z (3) L•uehold Illprov..,.i. 0 0 ·~ 11..W ( 4) Dr111 f ;f Et1111 re"' 0 0 0 11e419 (5) V.1te D sposa 41 (41) 0
Total tnvesillent 11,112 (4.~) 1,750
b. Expense
11-~.41 (1) Otl V.11 Rlclr111 1,313 (153) 700 11·J46 (2) Injectt~n V.11 Rldr111 1~1· 0 1,1'8 11·~951 (3) Operations - Sll1r1ed Ellployees 1,227 (73il '490 11-961 (4) Marine Transportatf can 123 ('7) •56 11-9'2 '(5) Ltu ... old lllprov .. nts/MafntanlftCe - (70) 825
. 11-918 ,,, or1111:;y Equ1rent1SuPPort 1,717 (171) 1,046 ll-H9 (7) Wasi. D spos1 ~2:301 (1,211) 1.093
e Total ExperlH t,114 (3,•11> 5,7'8
Total Dr1111ng and Redr'f111nt 20,291 (7 ,771). ·12.518 . -
Total- Investllint 11,112 (~,312) 6,750
Total Exptns• t,114 (3,•11) s,.;aa
Total Dr111f ng and DevelopMnt Prov• 20,296 (7,171) 12,518
10~989 Adllf nf str1t1ve OYertteld .111 '(312) 499
Prot~~ Total 21,107 (l,OIO) 13,017
e -1-
IUOQET CODE (ntou11fld1 of Dttl11n) HllJ CUMEIT -
ACCOUNT aaT =-Nll9ER MDUllT MOOIFICATIOI a. OIL MD GAS PRODUCTION PltOGRM
1. 011 V.11" Rep111"S
•• lrtvestlllnt
21-4&3 (1) P1"0«klct1on Equipment - IO (40) 10
Total Inestmnt 50 <4oJ 10
b. Expense
21-900 UJ 01rwc:t on w.n e111rves 13,131 (247) 13,184 21-942 < 2 > on ife11 tlDrUffp 2,llO <•> 2,492 21-953 ( 3 l Productf an SUpportaEqui pnllt 134 (11) 118 21-915 (4) Production Suppof!t-Se"f cn "' (434) 535 21-961 (5) Marine Transportation 521 (17) '54 21-9'9 (S) waste Disposal 840 (115) 725
Total~ 11 .... (131) 11.~
total on w.n Repaf" 11141i' (177) 1a1s1a
2-. Fluid Lfft1ng -•• lnv111:Mftt
22·410 (1) Subsurf1ce E'uf p11ent IO 0 so 22-411 f 21 Hydrau1 f c Ll t • Surface 475 ,(SO) 425 ZZ-412 3) Scale and Cof"1"0Sfon Control a 0 0 22-418 (4) 5'.lllllnfble Lift - SurflCe ~ 0 41 zi-4~ t~J PrOGUci1on 111~ ana 111Dn1~r1ng 111~ ~w) :I~
22-'85 (5) CC11111Unf c1tf on IO IQ) 0
Total Invesment 133 (220) 61~
b. Expense
22~911 (1) ttydrau11r. lfft-SUrflCI 11111 103 -1.272 22-912 CZ> sc11e and CoM"Os1on control ~ <a> ll':I 22-911 (3) Sublllrsf bl• Lift-Surface a.111 1,131 1.m 1'·4fta 141 Prod. 0Mr1tors - Hourly EmlOYlll 3.020 742) z.211 22·951 (5) Op1rat1ons ... Sl1ar114 Ellplo1'ff 2~017 (2) Z,015 22-HS (6) Pl"Ocluct1on Test and Monftorint 1,329 (121) 1,208 zz .. ffl (7) ec-antcatf ons m (11) 222
Tou1 Exp1t1sa 17.034 332 17.316
Total Flufd Lifting 171117' 112 11,9-
BUDGET (n.1and1Aif Dollars>
• ,CUIUIT
:'Attourr IUDllT
lllDlFlCATtCll AILJUS10
MUleER MDIII IUDllT
•• OIL-MID GAs PRODUCTlOll P~ (cont.)
3. Surftc• Flutd Hand11nl
•• 1nvnt:lllnt
23-405 (1) 011 kthor1"9 0 0 0
23-406 (2) 011 Trea\1119 0 0 G
Z~7 C3l 011 stor:r. 0 0 0
23 ... (4) 011 Trans er 0 0 0 --
Total lnv•tlll!lt 0 0 0
b. Exp!!!•e
23-905 (1) 011 Qatttet"1nt 1.1• (7) i.111
z3 .. 9Q6 (21 on Ttuttnt 1.• -(lZ) 1,0M
.t3-907 ( 3 l 011 Stol":r. 110 (1) 109
23-:908 < 4 l on Tl"an• tr 110 5 115
Total Expense 3,7• (11) 3,771
e Total Surfac• Fl yid Mancil int 3,7• (11) 31771 -
4. Ga& M1nd11 ns1
•• tnvestlllftt
24-409 <U las ~thef'int ·o 0 a
24-416 (2) ~s Treat1nt 0 0 0
Total Investment 0 0 0
b. Ja'p!!!!•
24-909 ( 1l Gas Aath~l"i ng - (41) 325
Z4-916 (I) Gas Trtat1nt 117 G ff 7
WWW
Total Expense 1.,0U (411 1,022
Total In Hancl11nt ~-.-~ .. (41) i,022.
IUOQtT CODE MD ACCOUNT. JWMIER I. OIL AND GAS PRODUCTION PROGIUM (cont.)
25-418 25-460 25-lal 25-MZ 25-*l ZS-4H 25-497
25-951 25-957 25-958 25·9'0 25-Hl n.062 25-914 25-9'6· 25-9'7 25-997
20-989
5. Procluction.Mainten1nce
a. Investllent
(1) Autmotfve Equipment (2) lenerat Fft1d Eqyi .. ent (3) Mlr1ne Equ111111ft't (4) LMHltol cl l11PrO'l•1nb (5) Electr1c1! <•> ,....,. vaar ~t-r.111 (7) E~v1,..n~1 COfttrol
Total lnf,stment
b. ~p!!!Se
U) Operations - Sl1al"ied [llp101fts (2) Securtu Gu~rd Services (3) Aut.,.,t1ve Equipment <•> Ff eld Expens• (5) MarfM: Tran1port1t1on C&) L••Hltold· t11p110V-ntt:i1l1fntM1nce (7) Electrical Expense (8) Fresh Wa~r, S1sttm (t) Va.-.ttouse Nafntenance and Supplies
(10) En•f~rllltftbl- ContrOl
Tobl Expens•
Total P1"0cluction M1inten1m:e
Total Irtvestlllnt
·Total Expense
Total Of 1 and &Is· l'rotr•
Adllln1strat1ve Overtteld
Progr• Total
(TMusands of otllanJ
CUllDIT -IUDIET M.JUsillf MDUIT MODIFICATICI IUDSET
14 110
0 • 1• 0 0
'27
z.021
m 2.311 1.soo •.112 2.110·
m. 1.254 1,H2
1s.uo ..!1,217
1,310
57,171 ..... z,34o
••• -~
0 ,., 0 0 0 0 0
(IO)
(100}
'f iil (221) (zt2) (J11) (911 (1)
(214) (1971
(1.759)
....1!+1311
(340)
_(2,420)
CZ.1IO) (111)
(1,1711:
84 30 0
31 1ff
0 0:
1.927 200 280
2,090 1:i2~18 2.0 2.01
281 l,CMO· l,OIS
~•.mt
14,438
970
!4,758
55.728 __ 2,229
ci 17,957
• IUD&ET CODE (ntounnds ~t Dollars)
e NflJ CUUUT ACCOUNT IUDllT ·ADJUSTiD
IUMIER MOUitT MOQlFICATiali llJ)llT
c. :£tlWIC£D RECOYE1lY AND STIMULATICMI PROGRM ~
1. Stimlat1on
•• tnvntlllftt
31-417 CU Stem ln3ection 0 0 0 -Total lnv111mlftt 0 0 0
b. £xp!!!SI ,,, -
31-917 p) Ste• 111.itction 0 c1o3i 0
31-940 Z) 011 V.11 St19"1at1on Z04 UM
Total Expense Z04 (100) 104
Total St111Ul1t1on ICM (100) lCM -z'" Ste• Drive
•• Inv111:111nt
e 32-401 -(1) Dev110liWlftt Dr1111"9 n 0 0
32-417 (2) SU. ln3tet1on 0 0 ~ 0
Total Investment 0 0 0
b. Ex pen so
32-900 (1} Dirtet 011 V.11 Otarges 0 0 0
32-917 :{2) Ste• tnject1an 0 0 0
32.no. (3l Direct 1nJect10n v.11 Chrgs. 0 a 0
u--·140 (4) 011 V.11 Stf11U11tion n a Q
Total CxptftSI 0 (:I 0
Total Ste• Drive 0 a 0 --Total' Ifivestllent 0 0 0
Total Expense ,, 204 (100) 104 ----Total Enhinced ltecover.r IM Sti11Ul1t1on ProgT .. Z04 (100) UM
30·989 Adll1n1strat1Y' O'ltrhoad • (4) ' e Protr• Total 111 (10'1 108 --
·&UOKT (TIMluAncls of Do11a~J COO£ MD CUll£JIT AAJuS!l9' ACCOUIT IUDIET lilMIEl AIDllT lllQDIFtCATIOll IUDCET ~·-
b. WATElt INJECTIOll PI08RAM ...
1. 1~ect1on W.11 A8tta1rs
•• lnvestMnt
41-402 ( 1) Co11Yer1t on1 1,Zll er 1,289 41-411 (!) 9'.al• • .w Co..,.6•f•n Contr•l 0 0 0
Total Inftltlllftt 1,llt g, - 1,Zlt
b. Exp!!!!!
41-920 {1 l Direct Injec:tton Well Chrgs. 3,421 (77) 3.349 41-945 (ZJ In,fectton V.11 Stt111111tton n1 <•l 235
41-947 (3) lr.Jtetton Well VOrkOVet' 1.100 0 1.100
Total Expense 5,'43 (l5') i.ZI'
Total lnjec:t1on Well Rili~trs 1,732 'UHJ •1573 -~
2. Vater In~ec:tton S~si.
A. Invgstmnt --42-414 (1) Pl'Oclucecl Vl~!!·'ftandl 1 nt 0 0 Q
42-425 (2) Water lnjectfOft 310 0 310
To~1 InvntMnt 310 0 310
b. Ex!!!!••
42-914 ( 1) Produced Water Hand11 nt _S,'30 (1031 5,327 42 .. gzs (2) Vater !njtct1on 11·~:102 •• 11,600
42-926 (3) Water Source Wt11s 170 ' 179 42-927 ( 4) Pressul"H Water 3,NO (204) 3,356 •42•it'..l (5) Water lnjttet1on '"sh·V&ter 48 I04 252: 42.gzg ( 6) Renovated W.ter' v 0 .0 0
Total Expense Z0,310 404 20,714
Total Water lnjectfon System 20.•20 404 ·21.024
Total Investlleftt 1,IH :o 1.m
Total Expense zs1713 245 25i998
Total V.tlr Injection Protr• ~1.m Z41 Z7i. 40-989 Aclllf nf st:-ative Ov•rh••d HO I Ill
ProgrlM Tt>U 1 n.• 21 551
-6-
IUDSET COOE (TllouMdl of bllan) MO CUlltllT
- ACCOUNT 9'lll£T All.JUSTED tURR 1'IMiT MDDlFlCATlOI IUDGtT " £. IWIMD1E1IT PIOSRAM
1. Mln1gllltftt Expense
•• tnvestlleftt
51~3 (l·) Fire Protectfon/Saf•tJ !•1p111ftt 10 0 10 51-413 (2) Data Procffs1q. 174 (74) 100 SJ-414 (3) lllneral ·Office EquifMRt 11 0 11
Total Inwts•nt lti (74) 121-
b. Exp!!!!•
!1-ff3 (U Ptrw PrvW:.t.l~ 1ftd Slf1ty 741 • 7~5
'n-•o (2) Mtat. and Adll. Sal 1ri1s 11ttl lenefftc 1.011 (4!0) a.~3 51-911 ( 3) Ellp1 OYft E:r;:e -., 0 tiO 51 .. 112 (4) Prof111fon1 SerYf cn 192 0 192 11 .. gu (5) hta ProcttS1nt 1,12' (10l1 1_023 51-tM (11 a.Mral Office Equf,..nt/bp1t1se 417 0 "' 51-185 (7} Engfneenng Servfcts ·~153 (1141 3133~
Total Eqttlse 13,IOS (l,W) U?,459·
- Total Manq•1nt. ,£xpense 141000 (11420) 12·1seo
2. ~~11 Exp!!!se
b. Expense
12•976 (1) Unit Operator'i Rfllahlft casts 4.DH a 4,055 52-977 (2) Unf t Equf tr Expens• ~I 0 42' 52-978 (3) Townlot Partfc1p1t1on Mii. 5 0 5 52-986 (4) ~•llM"t Projects 1,131 (548) 1,290 !Z-994 (5) £~traord1nary losses I Clal•s 1!. 0 15· 52-999 (&) Prfor Tear Expense Adjustllents 35 0 315
"'=· Total ExptnH 1,374 (~~) s.121
Total GeMl-11 Expense 1.374 (541) 5,IH
'Total tnvntment ltl (74) 121
Total Expense 20.111 (1.84) 111211
Total ManaglMftt Progr• 20.374 (1,!18) 11,40I
- !§0.geg Aclltn11tr1t1YI OYtrhtfd 111 (79) 732
21.1!-. Prov• Total (2;047) lf 1131
-7-
IUOGET CODE MD ACCOUNT NUMBER
~ES1 PERMITS Nil ~ UAL ,.,.,.. MDDIF1CAT1Cll
F. 1 .. TUii
b. Ex•• &1-810 (1) !mpr. lft4 ,.,... '"°'· Tues 1.a Q 1.ICID 61-111 (2) lff n1111. 11r.: Tun 14,uuU (l,IGD) 11,IDO 11-111 (!.) l..1....GU l'tWI. liea~ la70D (IC) 1.m
Total bJtftM 11,IDO (Z,m) 11.020
Total Tun 11.• (Z,•l 1~,~
2. 'PtNfts
b. Exp!!!!!
&l-Gll (1) P1trale• aM r.A" Fwtd AcCKmlftt 471 (21) w i2·129 (2) Othef" Tun 0 0 c 12-f?O (J) Pof'Mt.c 1 )Lfcent• I F•s 170 Q Z70
Total Expense 741 (21) 72' Total Pemts 745 (11}. 724 -':~ Land Ranta1s
b. hf!MI
13-971 (1) land Rentals 1,117 0 1.111 H-171 (%) •tp91ine P~l'lllt~ i!I 0 241
Tota1 Expense 1,413 0 1,413
Total L111d hnta1 t1!H 0 1.•!3 Total Inv1st11ent 0 u u
Total Elq»efts• 201751 (2110l 11.1~
Total Taz", ,.,.i b •ml LM4 Rental f.rogr• 20,751 lZ.I01J 11,157
I0-989 AdlliRf Ct1tlt1 .. Overhead 17 - 0 67
Prov9'1 Total 201ns (Z,IOlJ l•a,ZZ4
T6ta1 ludtet !IWH1111ftt 14,Zlt. (&,ml ''"° Total Budget Explnlft 133,ZSI (1011• 123,070 ToU1 ludgllt Adm'f n, ft•~l"twt•d 41917 '417) 4•"'° Total Budget 1u14St us14a1 ~
•• BUDQET COllTIMGCJICT FUii> - 0 GOO
-
1_~7, LIU 'Ult lltn -1 £XMillT.C•3
P.MJOUCTlOM ;.m>:PRIClS --t EstiiiGd t Est1iitiCI 'I EitiAGfi £st4•tii t.
- - t:· .. 4th ' lit • :Ziel ., -!
' 3rd ' ' ~ ' Qu•rur· tJ Quarar t Qull"W ., .. ' '
' ._1111 ' 1911;, ' 1917 ' 1111· • 'IOTN. ' ... - r • "'; ' ' • t on Prod11Ct.1on • .. • • s,a ' t
• n .ooo lbL l • ~.71' • :5,142 •• !i,l20 • t U,Z14.,
' (1/0) • 62,500 .. 11.aoo • tAJ IOO ' SI.ZOO ' • . . ' ' • • ' • • • , ta&S 'ruWA. ti Ofl • '
., ,, ' ' t (l,ooO ICF.) ' 1,100 t 1,186 , 1.1~ ' 1,1M ti i,171 '
.... ·'tcf ID) • 13,1%§ ' 12.'71 • .12,?r/I •· 12,432 • • ... . , ' • •• ' • • ' • WAtar p~t1on • • ,, • 1 t
• (,J. ·'* lbl • ) ' ~ "47 • :a~f"' • 34.f.1 ' 35,151 '139,151 •
• (1,000 1/D) ' .377.5 • 3 9.7 , 311. • aa.l . . ' • ' • • ' • ' t Wat9r tnj.ct1on • ' • '
,, - .• •· (1,000 a1.1
, ~.BO'J ' 43~800 • 42~800 ' 43,800 •175,200 •
• (1,000 i/Dl • '480.0 • •• D • 4'0.0 ' llJO,D t t
• ' ' •• • ,, • • on Price ($/lbl .1 • 10.11 . , 10.11 ' 10.11 •• 10.11 • • . ' ~ ' • ' '
, ''~' Pric•·Adjusted • •• • • t ' t (5· per .CF af Wtal
.) t.§§ ' z.ss ' z.ss • Z.51 ti ' • pl'Odueed gas l ' ' • • ' ' • • • ' • • '
~
-1116-87 LIU •W A11J IUDIET
DMIIIT C-'
1£T lllCOME
(Data tn Thousands of Dollars)
Wst1•tii w.a .. w w.u-w ciu .. c;a .t • • 3f'd ,. 4tlt • 1st • Zftd ,, •
t QaaPteP ·~ ..... ' QHpt.P ' G-s•wr • ' • 1!11 ' 1• ' 1•1 • 1t11,: ' 'TOTAL t
' ' ' ' ' ' ' ' • ' ' ' ' • 'I t~lllllAltU l~ 'I t ' ' ' • • ' ' ' • ' • t on lncG1!1_16 • ~7.7&8- • 57,0&1 • §i,lll07 ' i4.M4 • 221,190 '
• ,. • ' • . ~. . t Ga' tnc_. ' J,aeq , 3,022 ' g,t55 I --'~• :~ 11.m .: • • • ,, ' TOTAL INCOME • 60,808' • ·~Ol2 • 58,70 • 57.~5 • 237 ,1!9 ,,
t • t . ' ' • '• t !ST!MAT!D EXPEHDtTul!S • • ' • • ,. • • t ~i' . • ' 13.o•:~ t 0.V•lo,.ertt Drill•n1 Prott" .. • 3.2U • 3.H4 ... i.m ' ~.HI I
• • ' f ,,
' • t Oil I Ciaa P1'oduction Progr• • 1&.a9 • ~,,,..., ' 14.4M ' 14.~IO ' 57,157'
' ' ' ' ' ' • t -~nhanced Reccwery Protr• •• 27 ' -~7 • ,1 • Z7 •- IOI t .• . - ' ' ' • ' ' t Water Injection Progr• • 7,139 • 7,139 • 7,131 ' 7,139 ' 21,556 • , • ' • ' • • t Mana~t Progr• t 4,784 ' li,714 • 4,715 ' 4,11!· • 19,138 '
• ' • • ' ' ' t TaKe~» PerMf ts I Land Rental ' 1,2\.Yi t 7,906 ' 1,20I • 7,90I • 11.224 •
• Protr• 'I ' t ' ' ' 'I ' ·-
,. • • ~
' TOTAL EXP£N01TUR£5 ' lU,tit ' 37,!tt ! 30,too ' S7,IOZ '-137,000.
' ' ' ' • ' ' . • , 'I ~ ' • t, , MET INCOME • Dpt6t t u.w ' Z7,la ' 11 • ..- • 1001111 t :
• , ' • • t I ,. ! ! "