Oil Gas Accounting- Energy ratio formula

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energyratio.xlsx

Sheet1

vi. Energy Specific Ratios
17. Reserves Replacement Ratios Reserve additions / reserve extractions
18. Reserve Life Ratio Total proved reserves beg yr / production
19. Net to Gross Well Ratio Net wells / gross wells
20. Average Reserves per Well Ratio Total proved reserves beg yr / net wells
21. Average Daily Production per Well Ratio Annual production / 365 / net wells
22. Finding Cost per BOE Ratio G&G costs + exploratory drilling costs / new BOE added
23. DD&A per BOE Ratio Total annual DD&A / total annual BOE production
24. Value of Proved Reserve Additions per BOE Ratio Value changes in extensions, discoveries, and improved recovery / Total extinsions discoveries, improved recovery