Meta-modeling system applied to gulf's Na Kika fields group

11/17/2003
FISCAL META-MODELING—2This is the second of two parts on the application of a meta-modeling approach to fiscal system analysis. The material in the article is more fully discussed in Kaiser and Pulsipher, 2003.1 2Na Kika development scenarioThe development scenario for Na Kika is based on an estimated gross ultimate recovery of 300 million boe. Proved reserves are estimated at 189 million bbl of oil and 728 bcf of gas. The cash flow projection is shown in Table 1. Click here to enlarge imageTotal project cost is $1.26 billion, excluding leasing costs of $20 million.10 11 About 50% of the costs are associated with the fabrication and installation of the host facility and pipeline, 2...
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