Allocation (oil and gas)
Proportional allocation

Allocation (oil and gas)

Section Title: Proportional allocation
Table Section Text: None

Plant / platform	Well	Hours contributing	Hours on test	Test results	Calculation	Theoretical production	Calculation	Well allocation

"Skink"	S-1	672	24	5000	5000*672/24	140,000	140000*610000/615800	138,681

S-2	672	24	4000	4000*672/24	112,000	112000*610000/615800	110,945

S-5	672	24	4500	4500*672/24	126,000	126000*610000/615800	124,813

Plant total	374,440

"Gecko"	G-2	696	12	2500	2500*696/12	145,000	145000*610000/615800	143,634

G-3	696	12	1000	1000*696/12	58,000	58000*610000/615800	57,454

G-5	696	24	1200	1200*696/24	34,800	34800*610000/615800	34,472

Plant total	235,560

Theoretical tank total	615,800

Corrected, measured total (Net quantity)	610,000

Table 2: The example shows the final allocation by month end. It distributes the total measured oil, 610,000 bbl to each well, at the proportion of estimates given by the well test results.

Sentence(s)

A production platform "Gecko" exported 235,560 barrels of oil for one month.
A platform "Gecko" exported 235,560 of oil.

final_sentence: A production platform "Gecko" exported 235,560 barrels of oil for one month.
final_sentence: A platform "Gecko" exported 235,560 of oil.