The cost of finding and developing oil and gas reserves remains one of the key drivers of success or failure for oil and gas companies over the long term.Calculating accurate F&D cost estimates is notoriously difficult.“The true cost of finding and developing reserves is rarely adequately reflected in the financial accounting of an oil and gas company due to typical accounting methods,” said Mark Young, Senior M&A Analyst, Evaluate Energy.Our comprehensive white paper itemizes the varying ways in which F&D costs can be calculated, as well as recommending the ideal methodology.The white paper examines:Why finding and development costs are so important.Key components for seven popular methods to calculate F&D costs.How Evaluate Energy calculates each cost component.The limitations that come with estimating F&D costs.
