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Petroleum Accounting ACCOUNTING PRINCIPLES FOR OIL AND GAS PRODUCING Petroleum Accounting ACCOUNTING PRINCIPLES FOR OIL AND GAS PRODUCING

Petroleum Accounting ACCOUNTING PRINCIPLES FOR OIL AND GAS PRODUCING - PowerPoint Presentation

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Uploaded On 2018-03-19

Petroleum Accounting ACCOUNTING PRINCIPLES FOR OIL AND GAS PRODUCING - PPT Presentation

ACTIVITIES Acquisition Costs Disposition of Capitalized costs Unproved prosperities proved prosperities wells and related facilities which consist of all development costs plus the costs of drilling those exploratory wells that find and produce proved reserves support equipment and facili ID: 656790

proved property unproved costs property proved costs unproved properties allowance acquisition impairment prosperities reserves assessed facilities related wells recognized

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