Tyler Company reported the following expenses in its financial statements (in thousands): REQUIRED: Using the reserve disclosure

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Tyler Company reported the following expenses in its financial statements

(in thousands):

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REQUIRED: Using the reserve disclosure for Tyler Company given in problem13 and the data presented in this problem:

a. Compute lifting costs per BOE.

b. Compute DD&A per BOE.

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Related Book For answer-question

Fundamentals Of Oil And Gas Accounting

ISBN: 9781593703639

6th Edition

Authors: Charlotte Wright

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Question Posted: Mar 08, 2024 10:00 AM

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Tyler Company reported the following expenses in its financial statements (in thousands): REQUIRED: Using the reserve disclosure

Question:

Year Lifting Costs DD&A 2020 $211 $500 2021 226 450 2022 183 525

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Fundamentals Of Oil And Gas Accounting

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