Table 4.
Economic scenario.
Variable/Parameter | Value | Unit |
---|---|---|
Oil price | 314.5 | USD/m3 |
Oil production cost | 62.9 | USD/m3 |
Water production cost | 6.29 | USD/m3 |
Water injection cost | 6.29 | USD/m3 |
Investment in drilling and completion of horizontal well | 61.17 | 103 USD/m |
Investment in connection (well-platform) of horizontal well | 13.33 | USD millions |
Investment in drilling and completion of vertical well | 21.67 | 103 USD/m |
Investment in connection (well-platform) of vertical well | 13.33 | USD millions |
Investment in platform | Equation (1) | USD millions |
Abandonment cost (% investment on drilling and completion) | 8.20 | – |
Annual discount rate (%) | 9.00 | – |
Corporate tax rate (%) | 34.00 | – |
Social taxes rates – charged over gross revenue (%) | 9.25 | – |
Royalties rate – charged over gross revenue (%) | 10.00 | – |