Energy Investing - Apache Total JV terms - Energy Investing - InvestorVillage


This is a semi-private group. You are free to browse messages, but you must be a member of this group to post messages. Join This Group

Group: Energy Investing   /  Message Board  /  Read Message

 
 






Keyword
Subject
Between
and
Rec'd By
Authored By
Minimum Recs
  
Previous Message  Next Message   Post Message   Post a Reply return to message boardtop of board
Msg  326519 of 334942  at  5/3/2021 3:27:45 PM  by

W


 In response to msg 326515 by  Petroeng
view thread

Re: Apache Total JV terms

The one thing I never figured out about the deal is whether cost oil was 100% of oil produced until cost was fully recovered or something less than 100% until costs were recovered.  I think it is 100% and that's why the deal was structured with a royalty to APA on the first 1.5B barrels.  Do you know?  Also, is cost recovery on a field basis or total lease basis?
 
It doesn't make a difference over the life of the project, but there are present value considerations.  APA has a step function increase in cash flow once project costs are recovered.
 
 


     e-mail to a friend      printer-friendly     add to library      
| More
Recs: 1     Views: 0
Previous Message  Next Message   Post Message   Post a Reply return to message boardtop of board

Replies
Msg # Subject Author Recs Date Posted
326533 Re: Apache Total JV terms Petroeng 1 5/3/2021 4:11:20 PM


Financial Market Data provided by
.
Loading...