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sd-10-EFTA01367340Dept. of Justice

EFTA Document EFTA01367340

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31 May 2015 Integrated Oil US Integrated Oils North Sea Decline Rate Framework: We construct our decline rate analysis for the underlying asset base by adjusting the actual reported monthly production numbers for growth and maintenance outliers. Specifically, we extract production contributions from growth projects and normalize maintenance outages on a monthly basis over the examined time window (we use a normalized 3% of prior year adjusted production as a normal run-rate). We then c

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Dept. of Justice
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sd-10-EFTA01367340
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