Table B1
Data for determining pilot size.
1 | Price of oil ($/BBL) | 55 |
2 | Discount rate (%) | 10 |
3 | Cost of drilling (MM$/per well) | 12 |
4 | Cost of water injection ($/BBL) | 5 |
5 | Cost of oil production ($/BBL) | 1 |
6 | Cost of handling produced water ($/BBL) | 2 |
7 | Cost of surface facilities (MM$) | 300 |
8 | Field Production rate (MMBBLD) | 110 |
9 | Voidage replacement ratio | 1 |
10 | Maximum water cut (%) | 50 |