Models
This model analyzes a waterflood project, where recoverable oil must be estimated and one of four production schedules is used to generate a revenue stream. The model combines volumetric estimates, prices, costs, and production scheduling. The overall objective is to estimate the internal rate of return (IRR) for the project over an 18 year horizon, given information about initial costs, operating costs, reservoir description, production schedules, prices, working interest, and taxes.
