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Fundamentals of Oil & Gas Accounting 5th Edition by Rebecca Gallun, Charlotte Wright
Edition 5ISBN: 9781630181031Fundamentals of Oil & Gas Accounting 5th Edition by Rebecca Gallun, Charlotte Wright
Edition 5ISBN: 9781630181031 Exercise 3
Lease B has a producing formation at 8,000 feet. A well is drilled to 11,000 feet and is
classified as a development well. Comment.
classified as a development well. Comment.
Explanation
Verified
Verified
Development well:
Development wells are...
Fundamentals of Oil & Gas Accounting 5th Edition by Rebecca Gallun, Charlotte Wright
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