Part of Field Development Planning and Production Performance Monitoring based on NPV and EUR.
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Free Cash Flow (FCF) for each year is defined as (the year index "I" is omitted): | |||||
Sales = q1 · Priceincome | |||||
Priceincome = Taxmining · Pricemarket | |||||
COGS = qO↑ · CO + qG↑ · CG↑ + qW↑ · CW↑ + qW↓ · CW↓ | |||||
with the following breakdown: | |||||
OCF = Net Income = EBT · ( 1 − IncomeTaxRate) | |||||
See also
Petroleum Industry / Upstream / Production / Field Development Plan
[ Petroleum Asset NPV ][ Petroleum Asset PI ]
[ Statement of Income ( P&L) ]
Reference
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