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How is a daily oil allowable calculated?

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How is a daily oil allowable calculated?

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The form Application for Daily Oil Allowable (DOA) must be completed by the operator and submitted to the Commission prior to a well being placed on production. The allowable is calculated based on the reserves within the spacing area. The minimum unadjusted DOA is 10.0m3. For zones below 2,000m, an additional 1 m3/100 m depth is applied.

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