ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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You are the lead petroleum engineer for the Advantage Midstream LLC. Please calculate the
following economic questions related to the gas processing facility and refrigeration plant.
Advantage Midstream has a minimum rate of return of 12%.
A) The refrigeration units will cost $11 Million dollars to install in time period zero. What
Equivalent Annual Cost in years 1-10 do we need to charge Sand Ridge Energy to
generate our minimum rate of return?
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Transcribed Image Text:You are the lead petroleum engineer for the Advantage Midstream LLC. Please calculate the following economic questions related to the gas processing facility and refrigeration plant. Advantage Midstream has a minimum rate of return of 12%. A) The refrigeration units will cost $11 Million dollars to install in time period zero. What Equivalent Annual Cost in years 1-10 do we need to charge Sand Ridge Energy to generate our minimum rate of return?
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