To determine the value in use of long-lived assets associated with hydrocarbon extraction, the net present value of reserves is determined based on the following assumptions:
Average crude oil price | 55.89 U.S. dollars/bl | |
Average gas price | 4.92 U.S. dollars /mpc | |
Average condensates price | 38.33 U.S. dollars /bl | |
Discount rate | 14.40% annually |
To determine the value in use of long-lived assets associated to hydrocarbon extraction, the net present value of reserves is determined based on the following assumptions:
Average crude oil price | 60.24 U.S. dollars/bl | |
Average gas price | 4.69 U.S. dollars/mpc | |
Average condensates price | 40.22 U.S. dollars/bl | |
Discount rate | 14.36% annually |