Maximum Price= Minimum Price*Maximum Price Multiplier ~ USD82/BBL ~ For now we assume that the maximum price is a mulitple of the minimum \ price. This captures the idea that producers might limit profits to avoid \ public backlash or competition. This formulation might be expanded to \ include the role of the backstop price or of proportion of GDP dedicated \ to oil. | Change in Reference price= (Price-REFPRCIS Reference Price for Investment in Synthetics)/TEPRCIS Time to Establish the Reference Price ~ USD82/BBL/Year ~ | Minimum Price= UCP Unit Cost of Production ~ USD82/BBL ~ Price is not allowed to fall below the cost of production | Actual Gross World Economic Product:= GET XLS DATA( 'WPMC Upload.xls', 'Annual' , 'A' , 'S11') ~ GK1990$ ~ Maddison, Angus. 2001. Geary-Khamis(GK) method chosen by the UN to define the \ international prices: an aggregation method in which category \ "international prices" (reflecting relative category values) and country \ purchasing power parities--PPPs-- (depicting relative country price \ levels) are estimated simultaneously from a system of linear equations. \ Has the property of base-country invariance, matrix consistency and \ transitivity. The ‘Geary-Khamis dollar’ is also known as ‘international \ dollar’. The World Economy: A Millennial Perspective. OECD. Paris. Appendix B \ Table B-18 World GDP \ http://www.theworldeconomy.org/publications/worldeconomy/MaddisontableB-18.\ pdf | Initial World GDP= 1.35e+012 ~ USD82 ~ figure originally in 1990 dollars, converted to 2004 dollars | SW Capital CoFlow= 1 ~ Dmnl ~ If set to 1, oil demand drawn from capital co-flow structure. If set to \ 0, oil demand drawn from single capital growth stock | World GDP= INTEG ( Growth in GDP, Initial World GDP) ~ USD82 ~ Simulating world GDP from an estimated growth rate, rather than using \ actual data. This may be improved. | REQPRC Required Price 0= ACTIVE INITIAL ( UCOST Unit Cost 0*(1+DGM Desired Gross Margin), 35) ~ USD82/BBL ~ A REQPRC.K=UCOST.K*(1+DGM) | BVR Book Value of the Reserve 0= INTEG ( EIE Effective Investment in Exploration-RBVR Reduction in Book Value of the Reserve 0\ , ((12/(1+DGM Desired Gross Margin))-UCP Unit Cost of Production 0)*TRRR Total Recoverable Resource Remaining\ ) ~ USD82 ~ L BVR.K=BVR.J+(DT)(EIE.J-RBVR.JK); N BVR=CIBVR*((REQPRCI/(1+DGM))-UCP)*TRRR | Maximum Price Multiplier= 5 ~ dimensionless ~ | Indicated Price= MIN(Maximum Price,MAX(Price,Minimum Price)) ~ USD82/BBL ~ Indicated Price is constrained to be within a minimum and maximum price | Published URR:= GET XLS DATA( 'WPMC Upload.xls', 'Annual' , 'A' , 'P83') ~ bbls ~ | Actual Real Petroleum Price:= GET XLS DATA( 'WPMC Upload.xls', 'Annual' , 'A' , 'K2') ~ $/BBL ~ 2004$ | Actual Proven Remaining Reserves:= GET XLS DATA( 'WPMC Upload.xls', 'Annual' , 'A' , 'N89') ~ bbls ~ | Actual World Petroleum Production:= GET XLS DATA( 'WPMC Upload.xls', 'Annual' , 'A' , 'F41') ~ bbls ~ | Investment Fraction= 0.3 ~ dimensionless ~ | GDP Growth Rate= 0.0271 ~ 1/Year ~ Growth rate from worldeconomy.org OECD annual average compound growth rate \ 1820-1998 | Growth in GDP= World GDP*GDP Growth Rate ~ USD82/Year ~ | Construction Starts= World GDP*Investment Fraction ~ USD82/Year ~ Construction of capital is the investment fraction of world GDP | Capital II= INTEG ( Capital Aging 1-Capital Aging II, initial capital/4) ~ USD82 ~ | Average Demand from Capital I= Demand for Oil from Capital I/Capital I ~ BBL/USD82/Year ~ | Average Demand from Capital II= Demand for Oil from Capital II/Capital II ~ BBL/USD82/Year ~ | Average Demand from Capital III= Demand for Oil from Capital III/Capital III ~ BBL/USD82/Year ~ | Average Demand from Capital under Construction= Demand for Oil from Capital under Construction/Capital Under Construction ~ BBL/USD82/Year ~ | Average Life of Capital= 10 ~ Year ~ | Increase in Demand III= Average Demand from Capital II*Capital Aging II ~ BBL/Year/Year ~ | Capital I= INTEG ( Capital Acquisition-Capital Aging 1, initial capital/4) ~ USD82 ~ | Capital Acquisition= Capital Under Construction/(Average Life of Capital/4) ~ USD82/Year ~ | Capital Aging 1= Capital I/(Average Life of Capital/4) ~ USD82/Year ~ | Capital Aging II= Capital II/(Average Life of Capital/4) ~ USD82/Year ~ | Capital Discards= Capital III/(Average Life of Capital/4) ~ USD82/Year ~ | Increase in Demand II= Capital Aging 1*Average Demand from Capital I ~ BBL/Year/Year ~ | Total Oil Demand= Demand for Oil from Capital I+Demand for Oil from Capital II+Demand for Oil from Capital III\ +Demand for Oil from Capital under Construction ~ BBL/Year ~ Demand is the sum across all levels of the coflow. This coflow does not \ include retrofitting, which might be considered if the change in oil \ intensity does not adjust rapidly enough to the effects of price (through \ technology). | Increase in Demand from capital under construction= Construction Starts*Oil Intensity of New Capital ~ BBL/Year/Year ~ The Oil Intensity of Capital is tracked as a coflow. All capital holds as \ an attribute the oil intensity of the economy at the time it was built. | Capital III= INTEG ( Capital Aging II-Capital Discards, initial capital/4) ~ USD82 ~ | Capital Under Construction= INTEG ( +Construction Starts-Capital Acquisition, initial capital/4) ~ USD82 ~ | Total Capital= Capital Under Construction + Capital I + Capital II + Capital III ~ USD82 ~ | Demand for Oil from Capital under Construction= INTEG ( Increase in Demand from capital under construction-Increase in Demand I, Capital Under Construction * Initial Average Oil Intensity) ~ BBL/Year ~ | Increase in Demand I= Capital Acquisition*Average Demand from Capital under Construction ~ BBL/Year/Year ~ | Demand for Oil from Capital II= INTEG ( Increase in Demand II-Increase in Demand III, Capital II*Initial Average Oil Intensity) ~ BBL/Year ~ | Demand for Oil from Capital III= INTEG ( Increase in Demand III-Reduction in Demand from Discards, Capital III*Initial Average Oil Intensity) ~ BBL/Year ~ | Demand for Oil from Capital I= INTEG ( Increase in Demand I-Increase in Demand II, Capital I*Initial Average Oil Intensity) ~ BBL/Year ~ | Reduction in Demand from Discards= Capital Discards*Average Demand from Capital III ~ BBL/Year/Year ~ | Initial Average Oil Intensity= 0.001*0.0035 ~ BBL/USD82 ~ Using the values from "initial indicated oil intensity" and the starting \ value of "effect of energy conversion on petroleum demand" from below, so \ that the two structures have the same initial value for demand. | Oil Intensity of New Capital= REI Reference Energy Intensity*EPEI Effect of Price on Energy Intensity*effect of autonomous technology on oil intensity\ *EECDP Effect of Energy Conversion on Petroleum Demand ~ BBL/USD82/Year ~ Coflow added to replace simple smooth - these effect variables are the \ same as below | Simulated[demand]= NPDMND Natural Petroleum Demand ~~| Simulated[production]= PR Production ~~| Simulated[price2]= Price ~ BBL/Year ~ Set equal to the simulated data series. | CumProd1870= 4e+009 ~ bbls ~ | Change in Expected Price= (Indicated Price-Expected Price)/Time to change expected Price ~ USD82/BBL/Year ~ | Reference demand supply Ratio= 1 ~ dimensionless ~ | Expected Price= INTEG ( Change in Expected Price, initial price) ~ USD82/BBL ~ As in Sterman Ch. 20, Expected price serves as a reference price that \ adjusts over time. | Effect of demand potential supply ratio on price= (demand potential supply ratio/Reference demand potential supply ratio)^elasticity of price to demand potential supply ratio ~ ~ | Time to change expected Price= 2 ~ Year ~ | Effect of Demand supply ratio on Price= (demand supply ratio/Reference demand supply Ratio)^elasticity of price to demand supply ratio ~ dimensionless ~ | Reference demand potential supply ratio= 1 ~ dimensionless ~ | Price= Expected Price*Effect of demand potential supply ratio on price*Effect of Demand supply ratio on Price ~ USD82/BBL ~ This is the standard commodity Price structure from Sterman Ch. 20. The Variable "PRCDPP Price on Domestically Produced Petroleum" from the \ original model has been replaced by this variable | absolute fraction recoverable= (TRRR Total Recoverable Resource Remaining+CUMPR Cumulative Production)/TR Total Resource ~ ~ | TR Total Resource= 3.85e+012 ~ BBL ~ N TR=TRN; C TRN=550.E9 5.042e+012 | effective URR= TR Total Resource*FD Fraction Discoverable*FR Fraction Recoverable ~ ~ | capital= INTEG ( capital growth, initial capital) ~ USD82 ~ Capital levels off due to assumptions about growth rate - in contrast, \ coflow has GDP grow exponentially. This capital structure is kept from a \ previous version - consider keeping either this or the explicit material \ delay above. | capital growth= capital*capital growth rate(Time) ~ ~ | capital growth rate( [(1870,-0.2)-(2100,0.1)],(1870,0),(1900,0.001),(1925,0.075),(1950,0.08),(1975,0.04),\ (2000,0.03),(2025,0.025),(2050,0.015),(2075,0.008),(2100,0)) ~ 1/Year ~ | Count[statistics]= INTEG ( pick[statistics]/dt, 0) ~ Dmnl ~ Counter for # of points | cumulative potential production hubbert= INTEG ( hppr, 4e+009) ~ ~ | demand potential supply ratio= (NPDMND Natural Petroleum Demand*(1+TRND Trend Demand)^5)/(PP Potential Production*(\ 1+Potential Production Trend)^5) ~ Dmnl ~ | demand supply ratio= ZIDZ(NPDMND Natural Petroleum Demand,PR Production) ~ ~ | dif cov[statistics]= 2*Sx[statistics]*Sy[statistics]*(1-r[statistics]) ~ BBL/Year*BBL/Year ~ Difference of covariances | dif mea[statistics]= (M X[statistics]-M Y[statistics])*(M X[statistics]-M Y[statistics]) ~ BBL/Year*BBL/Year ~ Difference of Means (bias) | dif var[statistics]= (Sx[statistics]-Sy[statistics])*(Sx[statistics]-Sy[statistics]) ~ BBL/Year*BBL/Year ~ Difference of variances | dt= TIME STEP ~ Year ~ | effect of autonomous technology on oil intensity= IF THEN ELSE(Time<1986, EXP(EPT*(Time-INITIAL TIME)), EXP(ept85*(Time-INITIAL TIME))\ ) ~ Dmnl ~ EXP(EPT*(Time-INITIAL TIME)) 1*e^-(d crescita t) init *e elevato alla dt (dove d è il tasso di crescita) | effect of OPEC 80s strategy= WITH LOOKUP ( Time, ([(1974,0)-(1990,50)],(1974,13.296),(1975,14.148),(1976,14.031),(1977,14.175),(1978\ ,14.681),(1979,18.167),(1980,28.273),(1981,36.602),(1982,31.239),(1983,27.813),(1984\ ,26.392),(1985,23.84),(1986,12.859),(1987,13.197) )) ~ USD82/BBL ~ | EGDMND= TRND Trend Demand ~ 1/Year ~ A EGDMND.K=TRND(DMNDPR48.K,TPTP,TETP,ITP) | elasticity of price to demand potential supply ratio= 0.55 ~ Dmnl ~ | elasticity of price to demand supply ratio= 0.75 ~ ~ | End Time[demand]= 2005 ~~| End Time[production]= 2005 ~~| End Time[price2]= 2005 ~ Year ~ Date of last data point | EPT= -0.0066 ~ ~ | ept85= -0.0103 ~ ~ | ESDPRC Effect of Supply and Demand on Price= 1 ~ Dmnl ~ EXP(SPSD Sensitivity of Price to Supply and Demand*LN(NPDMND Natural Petroleum \ Demand/MIN(PPI Potential Production from Investment, PPR Potential \ Production from Reserves ))) A ESDPRC.K=EXP(SPSD*LOGN(DMNDPR48.K/MIN(PPI.K,PPR.K))) | Fraction of Investment in production over total investment= EIP Effective Investment in Production/total investment ~ Dmnl ~ | Historical[demand]= npdmndh natural petroleum demand data(Time) ~~| Historical[production]= prh production historical(Time) ~~| Historical[price2]= priceh historical natural petroleum price(Time) ~ BBL/Year ~ Set equal to the historical data series. | initial capital= 5.5e+011 ~ USD82 ~ | initial indicated oil intensity of economy= 0.001 ~ ~ | initial price= 57.87 ~ USD82/BBL ~ In 2004US$/bbl was 57.87 according to historical data. Original data in \ Andrea's model was 14 USD82/BBL = $21 USD04/BBL. The historical price \ data uses 2004 data, so this is scaled to 2004 dollars using US dept of \ commerce GDP price deflator. | Initial Trend Potential Production= 0.08 ~ 1/Year ~ | Interval= 1 ~ Year ~ Interval between data points | M X[statistics]= ZIDZ(Sum Xi[statistics],Count[statistics]) ~ BBL/Year ~ Mean of x (sum x)/n | M Y[statistics]= ZIDZ(Sum Yi[statistics],Count[statistics]) ~ BBL/Year ~ Mean of y (sum y)/n | MAE over Mean[statistics]= ZIDZ(ZIDZ(Sum AE[statistics],Count[statistics]),M X[statistics]) ~ Dmnl ~ Mean Absolute Error as a fraction of the mean of the data ~ :SUPPLEMENTARY | MAPE[statistics]= ZIDZ(Sum APE[statistics],Count[statistics]) ~ Dmnl ~ Mean Absolute Percent Error ~ :SUPPLEMENTARY | MSE[statistics]= dif mea[statistics] + dif var[statistics] + dif cov[statistics] ~ BBL/Year*BBL/Year ~ Mean Square Error. The addition of the three components | MX2[statistics]= ZIDZ(SumX2[statistics],Count[statistics]) ~ BBL/Year*BBL/Year ~ Mean of x^2 (sum x^2)/n | Mxy[statistics]= ZIDZ(SumXY[statistics],Count[statistics]) ~ BBL/Year*BBL/Year ~ Mean of x*y (sum x*y)/n | MY2[statistics]= ZIDZ(SumY2[statistics],Count[statistics]) ~ BBL/Year*BBL/Year ~ Mean of y^2 (sum y^2)/n | npdmndh natural petroleum demand data( [(1870,0)-(2006,4e+010)],(1870,1.98e+006),(1871,2.29456e+006),(1872,2.60913e+006),(1873\ ,2.92369e+006),(1874,3.23825e+006),(1875,3.5924e+006),(1876,4.18971e+006),(1877,4.78702e+006\ ),(1878,5.38433e+006),(1879,5.98164e+006),(1880,6.57895e+006),(1881,7.99665e+006),(\ 1882,9.41435e+006),(1883,1.08321e+007),(1884,1.22498e+007),(1885,1.36856e+007),(1886\ ,1.54662e+007),(1887,1.72468e+007),(1888,1.90274e+007),(1889,2.0808e+007),(1890,2.315e+007\ ),(1891,2.64477e+007),(1892,2.97455e+007),(1893,3.30432e+007),(1894,3.6341e+007),(1895\ ,3.96578e+007),(1896,4.33357e+007),(1897,4.70136e+007),(1898,5.06916e+007),(1899,5.43695e+007\ ),(1900,5.99152e+007),(1901,7.02632e+007),(1902,8.06112e+007),(1903,9.09592e+007),(\ 1904,1.01307e+008),(1905,1.11655e+008),(1906,1.30816e+008),(1907,1.52609e+008),(1908\ ,1.74403e+008),(1909,1.96196e+008),(1910,2.17989e+008),(1911,2.64184e+008),(1912,3.11938e+008\ ),(1913,3.59692e+008),(1914,4.07446e+008),(1915,4.552e+008),(1916,5.205e+008),(1917\ ,5.858e+008),(1918,6.511e+008),(1919,7.164e+008),(1920,7.817e+008),(1921,8.4616e+008\ ),(1922,9.1062e+008),(1923,9.7508e+008),(1924,1.03954e+009),(1925,1.104e+009),(1926\ ,1.1954e+009),(1927,1.2868e+009),(1928,1.3782e+009),(1929,1.4696e+009),(1930,1.561e+009\ ),(1931,1.613e+009),(1932,1.665e+009),(1933,1.717e+009),(1934,1.769e+009),(1935,1.821e+009\ ),(1936,1.9362e+009),(1937,2.0514e+009),(1938,2.1666e+009),(1939,2.2818e+009),(1940\ ,2.397e+009),(1941,2.6816e+009),(1942,2.9662e+009),(1943,3.2508e+009),(1944,3.5354e+009\ ),(1945,3.82e+009),(1946,4.19694e+009),(1947,4.57388e+009),(1948,4.95082e+009),(1949\ ,5.32776e+009),(1950,5.7047e+009),(1951,6.08164e+009),(1952,6.45858e+009),(1953,6.83552e+009\ ),(1954,7.21246e+009),(1955,7.5894e+009),(1956,8.0284e+009),(1957,8.73208e+009),(1958\ ,9.43576e+009),(1959,1.01394e+010),(1960,1.08431e+010),(1961,1.15468e+010),(1962,1.22505e+010\ ),(1963,1.29541e+010),(1964,1.36578e+010),(1965,1.43615e+010),(1966,1.50652e+010),(\ 1967,1.57689e+010),(1968,1.64725e+010),(1969,1.71762e+010),(1970,1.78799e+010),(1971\ ,1.88946e+010),(1972,1.99195e+010),(1973,2.16445e+010),(1974,2.16777e+010),(1975,2.06265e+010\ ),(1976,2.23092e+010),(1977,2.32377e+010),(1978,2.34421e+010),(1979,2.44451e+010),(\ 1980,2.3414e+010),(1981,2.21691e+010),(1982,2.12462e+010),(1983,2.11763e+010),(1984\ ,2.17602e+010),(1985,2.16241e+010),(1986,2.24133e+010),(1987,2.26646e+010),(1988,2.35092e+010\ ),(1989,2.3932e+010),(1990,2.42682e+010),(1991,2.42454e+010),(1992,2.43778e+010),(1993\ ,2.45595e+010),(1994,2.50257e+010),(1995,2.56679e+010),(1996,2.62691e+010),(1997,2.70795e+010\ ),(1998,2.76281e+010),(1999,2.73266e+010),(2000,2.83874e+010),(2001,2.83712e+010),(\ 2002,2.80812e+010),(2003,2.90721e+010),(2004,3.03111e+010),(2005,3.07465e+010)) ~ ~ | Oil Intensity of Economy= SMOOTH N(Indicated Oil Intensity of Economy, TAEI Time to Adjust Energy Intensity, initial indicated oil intensity of economy\ , 3) ~ BBL/(USD82*Year) ~ | pick[statistics]= STEP(1,Start Time[statistics])*(1-STEP(1,End Time[statistics] + TIME STEP/2))*IF THEN ELSE\ (Time/Interval = INTEGER(Time/Interval),1 , 0 ) ~ Dmnl ~ Takes a value of one for every data point available, assuming the data are \ available at intervals of Interval between the Start Time and End Time. | Potential Production A= (PP Potential Production-Potential Production Perceived present condition)/Time to Perceive Perceived Present condition ~ BBL/(Year*Year) ~ | Potential Production B= (Potential Production Reference Trend-Potential Production Trend)/Time to Perceive Trend ~ 1/(Year*Year) ~ | Potential Production C= (Potential Production Perceived present condition-Potential Production Reference Condition\ )/TERC ~ BBL/(Year*Year) ~ | Potential Production Perceived present condition= INTEG ( Potential Production A, PP Potential Production/(1+Time to Perceive Perceived Present condition*Initial Trend Potential Production\ )) ~ BBL/Year ~ | Potential Production Reference Condition= INTEG ( Potential Production C, Potential Production Perceived present condition/(1+TERC*Initial Trend Potential Production\ )) ~ BBL/Year ~ | Potential Production Reference Trend= (Potential Production Perceived present condition-Potential Production Reference Condition\ )/(Potential Production Reference Condition *TERC) ~ 1/Year ~ | Potential Production Trend= INTEG ( Potential Production B, Initial Trend Potential Production) ~ 1/Year ~ | PRCCDET Cost Determined Price 0= (REQPRC Required Price 0*ESDPRC Effect of Supply and Demand on Price) ~ USD82/BBL ~ A PRCCDET.K=REQPRC.K*ESDPRC.K | prh production historical( [(1870,0)-(2006,4e+010)],(1870,1.98e+006),(1871,2.29456e+006),(1872,2.60913e+006),(1873\ ,2.92369e+006),(1874,3.23825e+006),(1875,3.5924e+006),(1876,4.18971e+006),(1877,4.78702e+006\ ),(1878,5.38433e+006),(1879,5.98164e+006),(1880,6.57895e+006),(1881,7.99665e+006),(\ 1882,9.41435e+006),(1883,1.08321e+007),(1884,1.22498e+007),(1885,1.36856e+007),(1886\ ,1.54662e+007),(1887,1.72468e+007),(1888,1.90274e+007),(1889,2.0808e+007),(1890,2.315e+007\ ),(1891,2.64477e+007),(1892,2.97455e+007),(1893,3.30432e+007),(1894,3.6341e+007),(1895\ ,3.96578e+007),(1896,4.33357e+007),(1897,4.70136e+007),(1898,5.06916e+007),(1899,5.43695e+007\ ),(1900,5.99152e+007),(1901,7.02632e+007),(1902,8.06112e+007),(1903,9.09592e+007),(\ 1904,1.01307e+008),(1905,1.11655e+008),(1906,1.30816e+008),(1907,1.52609e+008),(1908\ ,1.74403e+008),(1909,1.96196e+008),(1910,2.17989e+008),(1911,2.64184e+008),(1912,3.11938e+008\ ),(1913,3.59692e+008),(1914,4.07446e+008),(1915,4.552e+008),(1916,5.205e+008),(1917\ ,5.858e+008),(1918,6.511e+008),(1919,7.164e+008),(1920,7.817e+008),(1921,8.4616e+008\ ),(1922,9.1062e+008),(1923,9.7508e+008),(1924,1.03954e+009),(1925,1.104e+009),(1926\ ,1.1954e+009),(1927,1.2868e+009),(1928,1.3782e+009),(1929,1.4696e+009),(1930,1.561e+009\ ),(1931,1.613e+009),(1932,1.665e+009),(1933,1.717e+009),(1934,1.769e+009),(1935,1.821e+009\ ),(1936,1.9362e+009),(1937,2.0514e+009),(1938,2.1666e+009),(1939,2.2818e+009),(1940\ ,2.397e+009),(1941,2.6816e+009),(1942,2.9662e+009),(1943,3.2508e+009),(1944,3.5354e+009\ ),(1945,3.82e+009),(1946,4.19694e+009),(1947,4.57388e+009),(1948,4.95082e+009),(1949\ ,5.32776e+009),(1950,5.7047e+009),(1951,6.08164e+009),(1952,6.45858e+009),(1953,6.83552e+009\ ),(1954,7.21246e+009),(1955,7.5894e+009),(1956,8.0284e+009),(1957,8.73208e+009),(1958\ ,9.43576e+009),(1959,1.01394e+010),(1960,1.08431e+010),(1961,1.15468e+010),(1962,1.22505e+010\ ),(1963,1.29541e+010),(1964,1.36578e+010),(1965,1.43615e+010),(1966,1.50652e+010),(\ 1967,1.57689e+010),(1968,1.64725e+010),(1969,1.71762e+010),(1970,1.78799e+010),(1971\ ,1.88946e+010),(1972,1.99195e+010),(1973,2.16445e+010),(1974,2.16777e+010),(1975,2.06265e+010\ ),(1976,2.23092e+010),(1977,2.32377e+010),(1978,2.34421e+010),(1979,2.44451e+010),(\ 1980,2.3414e+010),(1981,2.21691e+010),(1982,2.12462e+010),(1983,2.11763e+010),(1984\ ,2.17602e+010),(1985,2.16241e+010),(1986,2.24133e+010),(1987,2.26646e+010),(1988,2.35092e+010\ ),(1989,2.3932e+010),(1990,2.42682e+010),(1991,2.42454e+010),(1992,2.43778e+010),(1993\ ,2.45595e+010),(1994,2.50257e+010),(1995,2.56679e+010),(1996,2.62691e+010),(1997,2.70795e+010\ ),(1998,2.76281e+010),(1999,2.73266e+010),(2000,2.83874e+010),(2001,2.83712e+010),(\ 2002,2.80812e+010),(2003,2.90721e+010),(2004,3.03111e+010),(2005,3.07465e+010)) ~ ~ | priceh historical natural petroleum price( [(1870,0)-(2006,80)],(1870,20),(1871,25),(1872,30),(1873,35),(1874,23),(1875,10),(1876\ ,15),(1877,20),(1878,25),(1879,18),(1880,10),(1881,9),(1882,9),(1883,8),(1884,9),(1885\ ,10),(1886,10),(1887,10),(1888,10),(1889,11),(1890,11),(1891,8),(1892,8),(1893,9),(\ 1894,12),(1895,18),(1896,16),(1897,11),(1898,13),(1899,18),(1900,18),(1901,15),(1902\ ,12),(1903,14),(1904,12),(1905,9),(1906,10),(1907,9),(1908,10),(1909,9),(1910,9),(1911\ ,8),(1912,9),(1913,15),(1914,10),(1915,7),(1916,11),(1917,13),(1918,15),(1919,13),(\ 1920,17),(1921,12),(1922,12),(1923,10),(1924,10),(1925,12),(1926,14),(1927,10),(1928\ ,8),(1929,9),(1930,9),(1931,5),(1932,8),(1933,6),(1934,9),(1935,8),(1936,9),(1937,10\ ),(1938,10),(1939,9),(1940,9),(1941,9),(1942,8),(1943,8),(1944,8),(1945,8),(1946,8)\ ,(1947,10),(1948,12),(1949,12),(1950,11),(1951,11),(1952,11),(1953,11),(1954,12),(1955\ ,11),(1956,11),(1957,12),(1958,11),(1959,10),(1960,10),(1961,10),(1962,10),(1963,10\ ),(1964,10),(1965,9),(1966,9),(1967,9),(1968,9),(1969,8),(1970,8),(1971,8),(1972,8)\ ,(1973,9),(1974,13),(1975,14),(1976,14),(1977,14),(1978,15),(1979,18),(1980,28),(1981\ ,37),(1982,31),(1983,28),(1984,26),(1985,24),(1986,13),(1987,13),(1988,10),(1989,13\ ),(1990,15),(1991,12),(1992,12),(1993,10),(1994,9),(1995,10),(1996,12),(1997,11),(1998\ ,7),(1999,10),(2000,17),(2001,13),(2002,14),(2003,16),(2004,21),(2005,30)) ~ ~ | r[statistics]= ZIDZ(Mxy[statistics]-(M X[statistics]*M Y[statistics]),Sx[statistics]*Sy[statistics]\ ) ~ Dmnl ~ Correlation coefficient. Calculated through the 'hand computation' formula. Sterman (1984) pg. 63 | "R^2"[statistics]= r[statistics]*r[statistics] ~ Dmnl ~ Correlation coefficient squared ~ :SUPPLEMENTARY | RBVR Reduction in Book Value of the Reserve 0= UEXPEXP Unit Exploration Expenditure 0*PR Production ~ USD82/Year ~ R RBVR.KL=UEXPEXP.K*PR.KL | Residuals[statistics]= Yi[statistics] - Xi[statistics] ~ BBL/Year ~ Errors ~ :SUPPLEMENTARY | RMSE[statistics]= SQRT(MSE[statistics]) ~ BBL/Year ~ Root Mean Square Error ~ :SUPPLEMENTARY | SPSD Sensitivity of Price to Supply and Demand= 0.75 ~ Dmnl ~ C SPSD=2 | Start Time[demand]= 1870 ~~| Start Time[production]= 1870 ~~| Start Time[price2]= 1870 ~ Year ~ Date of first data point | statistics: demand, production, price2 ~ ~ | Sum AE[statistics]= INTEG ( ABS(Xi[statistics] - Yi[statistics])/dt, 0) ~ BBL/Year ~ Sum of Absolute Errors | Sum APE[statistics]= INTEG ( ABS(ZIDZ(Xi[statistics]-Yi[statistics],Yi[statistics]))/dt, 0) ~ Dmnl ~ Sum of Absolute Percent Errors | Sum Xi[statistics]= INTEG ( Xi[statistics]/dt, 0) ~ BBL/Year ~ Sum of x's (simulated) | Sum Yi[statistics]= INTEG ( Yi[statistics]/dt, 0) ~ BBL/Year ~ Sum of y' | SumX2[statistics]= INTEG ( Xi[statistics]*Xi[statistics]/dt, 0) ~ BBL/Year*BBL/Year ~ Sum of x^ | SumXY[statistics]= INTEG ( Xi[statistics]*Yi[statistics]/dt, 0) ~ BBL/Year*BBL/Year ~ Sum of x*y | SumY2[statistics]= INTEG ( Yi[statistics]*Yi[statistics]/dt, 0) ~ BBL/Year*BBL/Year ~ Sum of y^ | Sx[statistics]= SQRT(MX2[statistics]-(M X[statistics]*M X[statistics])) ~ BBL/Year ~ Standard Deviation of x. Calculated using the 'hand computation' formula to calculate the standard deviation without prior knowledge of the mean. Sterman (1984), pg. 64 | Sy[statistics]= SQRT(MY2[statistics]-(M Y[statistics]*M Y[statistics])) ~ BBL/Year ~ Standard Deviation of y. Calculated using the 'hand computation' formula to calculate the standard deviation without prior knowledge of the mean. Sterman (1984), pg. 64 | Time to Perceive Perceived Present condition= 0.2*TERC ~ Year ~ | Time to Perceive Trend= 5 ~ Year ~ | time1= (Time-HRPRL-1870) ~ ~ | total investment= EIE Effective Investment in Exploration+EIP Effective Investment in Production ~ USD82/Year ~ | Uc[statistics]= ZIDZ(dif cov[statistics],MSE[statistics]) ~ Dmnl ~ Covariance inequality proportion ~ :SUPPLEMENTARY | UCOST Unit Cost 0= UEXPEXP Unit Exploration Expenditure 0+UCP Unit Cost of Production 0 ~ USD82/BBL ~ A UCOST.K=UEXPEXP.K+UCP.K | UCP Unit Cost of Production 0= 1/PIP Productivity of Investment in Production ~ USD82/BBL ~ A UCP.K=1/PIP.K | UEXPEXP Unit Exploration Expenditure 0= BVR Book Value of the Reserve 0/TRRR Total Recoverable Resource Remaining ~ USD82/BBL ~ A UEXPEXP.K=BVR.K/TRRR.K | Um[statistics]= ZIDZ(dif mea[statistics],MSE[statistics]) ~ Dmnl ~ Bias inequality proportion ~ :SUPPLEMENTARY | Us[statistics]= ZIDZ(dif var[statistics],MSE[statistics]) ~ Dmnl ~ Variance inequality proportion ~ :SUPPLEMENTARY | X[statistics]= Historical[statistics] ~ BBL/Year ~ The historical data input | Xi[statistics]= pick[statistics]*X[statistics] ~ BBL/Year ~ The historic data series | Y[statistics]= Simulated[statistics] ~ BBL/Year ~ The simulated data series | Yi[statistics]= pick[statistics]*Y[statistics] ~ BBL/Year ~ Sampled simulated variable | ******************************************************** .Area explored and yield to exploration ********************************************************~ | ADP= 0.4 ~ Dmnl ~ | AE= TA*FAE ~ Foot Drilled ~ | FAE= EXP((1/ADP)*LN(fi)) ~ Dmnl ~ | fi= CUMAIR Cumulative Additions to Identified Reserves/TR Total Resource ~ Dmnl ~ | GAST( [(1870,0)-(2000,5)],(1870,0.05),(1880,0.06),(1890,0.08),(1900,0.15),(1910,0.2),(1920\ ,0.3),(1930,0.5),(1940,1.1),(1950,1.9),(1960,2.4),(1970,2.6),(1980,2.6),(1990,2.6),\ (2000,2.6)) ~ Foot Drilled ~ | ICFD= 500 ~ USD82/Foot Drilled ~ | TA= (1e+006)*GAST(2050) ~ Foot Drilled ~ | ye= ICFD*PIE Productivity of Investment in Exploration ~ BBL/Foot Drilled ~ | ******************************************************** .Control ********************************************************~ Simulation Control Parameters | FINAL TIME = 2125 ~ Year ~ The final time for the simulation. | INITIAL TIME = 1870 ~ Year ~ The initial time for the simulation. | SAVEPER = 1 ~ Year [0,?] ~ The frequency with which output is stored. | TIME STEP = 0.25 ~ Year [0,?] ~ The time step for the simulation. | ******************************************************** .demand,import and substitution ********************************************************~ | REFPRCIS Reference Price for Investment in Synthetics= INTEG ( Change in Reference price, initial price) ~ USD82/BBL ~ Explicit structure used rather than smooth function so as to eliminate use of the \ active initial function. A EPIS.K=SMOOTH(PRICE.K,TEPIS); N EPIS=PRICE | TPDMND Total Petroleum Demand= (capital*PI Petroleum Intensity)*(1-SW Capital CoFlow)+SW Capital CoFlow*Total Oil Demand ~ BBL/Year ~ Two possible structures for petroleum demand are kept - one involving the coflow of \ demand as it relates to the capital stock, and the other using a third \ order information delay of the oil intensity. Two different structures for capital are kep - the simpler one is kept from previous \ versions - consider using only one. A TPDMND.K=GNP.K*PI.K*EWWIIPD.K\!\!\! ([(1870,0)-(1930,1e+008)],(1870,1.98e+006),(1874.86,3.50877e+006),(1880,6.57895e+006)\ ,(1884.95,1.35965e+007),(1889.63, 2.19298e+007),(1894.95,3.94737e+007),(1899.72,5.70175e+007),(1905.23,1.14035e+008),(1\ 910.06,2.19298e+008),(1915,4.552e+008 ),(1920,7.817e+008),(1925,1.104e+009),(1930,1.561e+009),(1935,1.821e+009),(1940,2.397\ e+009),(1945,3.82e+009),(1955.81,7.89474e+009 ),(1970,1.78799e+010),(1971,1.88946e+010),(1972,1.99195e+010),(1973,2.16445e+010),(19\ 74,2.16777e+010),(1975,2.06265e+010 ),(1976,2.23092e+010),(1977,2.32377e+010),(1978,2.34421e+010),(1979,2.44451e+010),(19\ 80,2.3414e+010),(1981,2.21691e+010) ,(1982,2.12462e+010),(1983,2.11763e+010),(1984,2.17602e+010),(1985,2.16241e+010),(198\ 6,2.24133e+010),(1987,2.26646e+010) ,(1988,2.35092e+010),(1989,2.3932e+010),(1990,2.42682e+010),(1991,2.42454e+010),(1992\ ,2.43778e+010),(1993,2.45595e+010), (1994,2.50257e+010),(1995,2.56679e+010),(1996,2.62691e+010),(1997,2.70795e+010),(1998\ ,2.76281e+010),(1999,2.73266e+010), (2000,2.83874e+010),(2001,2.83712e+010),(2002,2.80812e+010),(2003,2.90721e+010),(2004\ ,3.03111e+010),(2098.59,7.14912e+010 ) ) | APPRC Average Petroleum Price= Price*NPMS Natural Petroleum Market Share+SPRICE Synthetic Petroleum Price*SPMS Synthetic Petroleum Market Share ~ USD82/BBL ~ A APP.K=SPRICE*SPMS.K+PRICE.K*NPMS.K | EECDP Effect of Energy Conversion on Petroleum Demand= Function for Effect of Energy Conversion on Petroleum Demand(Time) ~ Dmnl ~ A EECPD.K=TABHL(EECPDT,TIME.K,1870,1950,5) | EPD= -0.95 ~ Dmnl [-0.5,0] ~ Price Elasticity of Demand for Oil -.25 in Andrea's Model; C EPD=-.95 in Dynamo | EPEI Effect of Price on Energy Intensity= (APPRC Average Petroleum Price/RPP Reference Petroleum Price)^EPD ~ Dmnl ~ A EPEI.K=EXP(EPD*LOGN(APP.K/RPP)) EXP(EPD*LN(apprc average petroleum price/RPP REFERENCE PETROLEUM PRICE)) | Function for Effect of Energy Conversion on Petroleum Demand( [(1870,0)-(2050,1)],(1870,0.0035),(1875,0.0037),(1880,0.02),(1885,0.032),(1890,0.045\ ),(1895,0.059),(1900,0.074),(1905,0.11),(1910,0.16),(1915,0.25),(1920,0.56),(1925,0.75\ ),(1930,0.82),(1935,0.88),(1940,0.93),(1945,0.97),(1950,1)) ~ Dmnl ~ T \ EECPDT=.0035/.0037/.02/.032/.045/.059/.074/.11/.16/.25/.56/.75/.82/.88/.93/\ .97/1\!\!\! | Function for Indicated Synthetic Petroleum Market Share( [(0,0)-(2,1)],(0,1e-006),(0.25,0.05),(0.5,0.1),(0.75,0.28),(1,0.5),(1.25,0.72),(1.5,\ 0.9),(1.75,0.95),(2,1)) ~ Dmnl ~ T ISPMST=1E-6/.05/.10/.28/.5/.72/.90/.95/1 | Function for Synthetic Production Capacity Utilisation( [(0,0)-(1.2,1)],(0,0),(0.2,0.35),(0.4,0.6),(0.6,0.8),(0.8,0.92),(1,0.98),(1.2,1)) ~ Dmnl ~ T SPCUT=0/.35/.60/.80/.92/1/1\!\! | Indicated Oil Intensity of Economy= REI Reference Energy Intensity*EPEI Effect of Price on Energy Intensity*effect of autonomous technology on oil intensity ~ BBL/USD82/Year ~ A IEI.K=REI*EPEI.K | ISPC Indicated Synthetic Production Capacity= ispms indicated synthetic petroleum market share*TPDMND Total Petroleum Demand ~ BBL/Year ~ A ISPC.K=ISPMS.K*TPDMND.K | ispms indicated synthetic petroleum market share= Function for Indicated Synthetic Petroleum Market Share(REFPRCIS Reference Price for Investment in Synthetics\ /SPRICE Synthetic Petroleum Price ) ~ Dmnl ~ A ISPMS.K=TABHL(ISPMST,EPIS.K/SPRICE,0,2,.25); N ISPMS=1E-6 | NPDMND Natural Petroleum Demand= TPDMND Total Petroleum Demand*(1-SPMS Synthetic Petroleum Market Share) ~ BBL/Year ~ A NPDMND.K=TPDMND.K*NPMS.K | NPMS Natural Petroleum Market Share= 1-SPMS Synthetic Petroleum Market Share ~ Dmnl ~ A NPMS.K=1-SPMS.K | PI Petroleum Intensity= Oil Intensity of Economy*EECDP Effect of Energy Conversion on Petroleum Demand ~ BBL/USD82/Year ~ A PI.K=EI.K*EECPD.K | REI Reference Energy Intensity= 0.00138 ~ BBL/USD82/Year ~ Andrea 0.00138; Dynamo: C REI=7.3E-3 | RPP Reference Petroleum Price= 3 ~ USD82/BBL ~ C RPP=3.5 | SPC Synthetic Production Capacity= delay n(ISPC Indicated Synthetic Production Capacity,SPCAT Synthetic Production Capacity Adjustment Time\ ,1e-006,3) ~ BBL/Year ~ In the previous version: SMOOTH3(ispc indicated synthetic production \ capacity, SPCAT SYNTHETIC PRODUCTION CAPACITY ADJUSTMENT TIME); in the \ original version: A SPC.K=DLINF3(ISPC.K,SPCAT); N SPC=1E-6 | SPCAT Synthetic Production Capacity Adjustment Time= 10 ~ Year ~ C SPCAT=8 | spcu synthetic production capacity utilisation= Function for Synthetic Production Capacity Utilisation(ISPC Indicated Synthetic Production Capacity\ /SPC Synthetic Production Capacity) ~ Dmnl ~ A SPCU.K=TABHL(SPCUT,ISPC.K/SPC.K,0,1.2,.2) | SPMS Synthetic Petroleum Market Share= MIN(SPR Synthetic Production/TPDMND Total Petroleum Demand,1) ~ Dmnl ~ A SPMS.K=SPR.K/TPDMND.K | SPR Synthetic Production= SPC Synthetic Production Capacity*spcu synthetic production capacity utilisation ~ BBL/Year ~ A SPR.K=SPC.K*SPCU.K | SPRICE Synthetic Petroleum Price= 60 ~ USD82/BBL ~ 35 in Andrea's model, but set to be above initial price C SPRICE=50 | TAEI Time to Adjust Energy Intensity= 5 ~ Year ~ C TAEI=15 | TEPRCIS Time to Establish the Reference Price= 1 ~ Year ~ C TEPIS=1 | ******************************************************** .Exploration ********************************************************~ | maxpien Maximum Productivity of Investment in Exploration Initial= INITIAL( (1+DGM Desired Gross Margin)*(EDPIE Effect of Depletion on Productivity of Investment in Exploration\ *etpip effect of technology on productivity of investment in production *RPIP Relative Productivity of Investment in Production+EDTPIE Effect of Technology and Depletion on Productivity of Investment in Exploration *FR Fraction Recoverable )/(REQPRCN Inital Value of REQPRC*EDPIE Effect of Depletion on Productivity of Investment in Exploration\ *EDTPIE Effect of Technology and Depletion on Productivity of Investment in Exploration *etpip effect of technology on productivity of investment in production*RPIP Relative Productivity of Investment in Production *FR Fraction Recoverable)) ~ BBL/USD82 ~ N MAXPIE=(1+DGM)(EDPIE*ETPIP*RPIP+EDTPIE*FR)/ \ (REQPRCI*EDPIE*EDTPIE*ETPIP*RPIP*FR) | EDPIE Effect of Depletion on Productivity of Investment in Exploration= Function for Effect of Depletion on Productivity of Investment in Exploration(UR Undiscovered Resources\ /(TR Total Resource)) ~ Dmnl ~ A EDPIE.K=TABLE(EDPIET,UR.K/TR,0,1,.1) | EDTPIE Effect of Technology and Depletion on Productivity of Investment in Exploration\ = Function for Effect of Technology and Depletion on Productivity of Investment in Exploration\ (TDRR Total Discoverable Resources Remaining/(TR Total Resource)) ~ Dmnl ~ A EDTPIE.K=TABLE(EDTPIET,TDRR.K/TR,0,1,.1) | UR Undiscovered Resources= INTEG ( -AIR Addition to Identified Reserve, TR Total Resource-CUMAIR Cumulative Additions to Identified Reserves) ~ BBL ~ L UR.K=UR.J+DT*(-AIR.JK); N UR=(TR-CUMAIR) | TDRR Total Discoverable Resources Remaining= TR Total Resource*FD Fraction Discoverable-(TR Total Resource-UR Undiscovered Resources\ ) ~ BBL ~ A TDRR.K=TR*FD.K-(TR-UR.K) | AIR Addition to Identified Reserve= PDR Potential Discovery Rate*CUE Capacity Utilisation in Exploration ~ BBL/Year ~ R AIR.KL=PDR.K*CUE.K | CUE Capacity Utilisation in Exploration= Function for Capacity Utilisation in Exploration(DGYE Desired Gross Yield from Exploration\ /PDR Potential Discovery Rate) ~ Dmnl ~ A CUE.K=TABHL(CUET,DGYE.K/PDR.K,0,1.6,.2) | DGYE Desired Gross Yield from Exploration= DNYE Desired Net Yield from Exploration/FR Fraction Recoverable ~ BBL/Year ~ A DGYE.K=DNYE.K/FR.K | ED Exploration Delay= 4 ~ Year ~ C ED=4 | EIE Effective Investment in Exploration= DELAY3(IE Investment in Exploration , ED Exploration Delay) ~ USD82/Year ~ A EIE.K=DELAY3(IE.K,ED) | Function for Capacity Utilisation in Exploration( [(0,0)-(1.6,1.2)],(0,0),(0.2,0.2),(0.4,0.4),(0.6,0.6),(0.8,0.8),(1,1),(1.2,1.1),(1.4\ ,1.16),(1.6,1.2)) ~ Dmnl ~ T CUET=0/.2/.4/.6/.8/1/1.1/1.16/1.2 | Function for Effect of Depletion on Productivity of Investment in Exploration( [(0,0)-(1,1)],(0,0),(0.1,0.1),(0.2,0.2),(0.3,0.3),(0.4,0.4),(0.5,0.5),(0.6,0.6),(0.7\ ,0.7),(0.8,0.8),(0.9,0.9),(1,1)) ~ Dmnl ~ T EDPIET=0/.1/.2/.3/.4/.5/.6/.7/.8/.9/1 | Function for Effect of Technology and Depletion on Productivity of Investment in Exploration\ ( [(0,0)-(1,1)],(0,0),(0.1,0.1),(0.2,0.2),(0.3,0.3),(0.4,0.4),(0.5,0.5),(0.6,0.6),(0.7\ ,0.7),(0.8,0.8),(0.9,0.9),(1,1)) ~ Dmnl ~ T EDTPIET=0/.1/.2/.3/.4/.5/.6/.7/.8/.9/1 | PDR Potential Discovery Rate= EIE Effective Investment in Exploration*PIE Productivity of Investment in Exploration ~ BBL/Year ~ A PDR.K=EIE.K*PIE.K | PIE Productivity of Investment in Exploration= maxpien Maximum Productivity of Investment in Exploration Initial*EDTPIE Effect of Technology and Depletion on Productivity of Investment in Exploration ~ BBL/USD82 ~ A PIE.K=MAXPIE*EDTPIE.K | REFPIE Reference Productivity of Investment in Exploration= maxpien Maximum Productivity of Investment in Exploration Initial*EDPIE Effect of Depletion on Productivity of Investment in Exploration ~ BBL/USD82 ~ A REFPIE.K=MAXPIE*EDPIE.K | REQPRCN Inital Value of REQPRC= 12 ~ USD82/BBL ~ | RPIP Relative Productivity of Investment in Production= 16 ~ Dmnl ~ C RPIP=16 | ******************************************************** .Geologic analogy method ********************************************************~ | A GEGFR= (GFR-PPC Perceived precent condition GEGFR)/TPPC Time to Perceive Perceived Present condition GEGFR ~ 1/Year ~ | A GTY= (ye-PPC Perceived precent condition GTY)/TPPC Time to Perceive Perceived Present condition GTY ~ BBL/Foot Drilled/Year ~ | B GEGFR= (RTRND Reference Trend GEGFR-TRND Trend GEGFR)/GTPGFR ~ 1/(Year*Year) ~ | B GTY= (RTRND Reference Trend GTY-TRND Trend GTY)/GTPTY ~ 1/(Year*Year) ~ | C GEGFR= (PPC Perceived precent condition GEGFR-RC Reference Condition GEGFR)/GTEGFR ~ 1/Year ~ | C GTY= (PPC Perceived precent condition GTY-RC Reference Condition GTY)/GTETY ~ BBL/Foot Drilled/Year ~ | g1= GCUMPR+GTRRR ~ BBL ~ | g2= g1+GEATRR ~ BBL ~ | g3= g2+GPFD ~ BBL ~ ~ :SUPPLEMENTARY | GAE= AE ~ Foot Drilled ~ | GAS= (1e+006)*GAST(Time) ~ Foot Drilled ~ | GAU= GAS-GAE ~ Foot Drilled ~ | GAWD= 6000 ~ Dmnl ~ | GCUMAIR= CUMAIR Cumulative Additions to Identified Reserves ~ BBL ~ | GCUMPR= CUMPR Cumulative Production ~ BBL ~ | GEATRR= GETRRR-GTRRR ~ BBL ~ | GED= GWD*GAWD ~ Dmnl ~ | GEFD= GPFD+GSFD ~ BBL ~ | GEFR= GFR+GEIFR ~ Dmnl ~ | GEGFR= TRND Trend GEGFR ~ 1/Year ~ TRND(gfr,GTPGFR,GTEGFR,GIGFR) | GEIFR= (1-GFR)*GETFR ~ Dmnl ~ | gerrr= geurr-GCUMPR ~ BBL ~ ~ :SUPPLEMENTARY | GETFR= GMETFR*GTETFR(GEGFR) ~ Dmnl ~ | GETRRR= GCUMAIR*GEFR-GCUMPR ~ BBL ~ | GEUR= GAU*GFD*GEYUA ~ BBL ~ | geurr= GCUMPR+GTRRR+GEATRR+GEFD ~ BBL ~ | GEYE= GHYE*GFHYE ~ BBL/Foot Drilled ~ | GEYUA= GED*GEYE ~ BBL/Foot Drilled ~ | GFD= FD Fraction Discoverable ~ Dmnl ~ | GFHYE= DELAY INFORMATION( GIFHYE, GTAYE, GIFHYE) ~ Dmnl ~ DLINF3(GIFHYE.K,GTAYE) | GFR= FR Fraction Recoverable ~ Dmnl ~ | GHYE= DELAY INFORMATION ( ye, gtaey, ye) ~ BBL/Foot Drilled ~ DLINF3(YE.K,GTAEY) | GIFHYE= GMFHYE*GTFHYE(GTY) ~ Dmnl ~ | GIGFR= 0 ~ 1/Year ~ | GITY= 0 ~ 1/Year ~ | GMETFR= 0.4 ~ Dmnl ~ | GMFHYE= 1 ~ Dmnl ~ | GPFD= GFR*GEUR ~ BBL ~ | GSFD= GEIFR*GEUR ~ BBL ~ | gtaey= 15 ~ Year ~ | GTAYE= 10 ~ Year ~ | GTEGFR= 10 ~ Year ~ | GTETFR( [(0,0)-(0.015,1.5)],(0,0),(0.0025,0.1),(0.005,0.3),(0.0075,0.55),(0.01,0.85),(0.0125\ ,0.97),(0.015,1)) ~ Dmnl ~ | GTETY= 10 ~ Year ~ | GTFHYE( [(-0.1,0)-(0.1,2)],(-0.1,0.2),(-0.075,0.3),(-0.05,0.6),(-0.025,0.9),(0,1),(0.025,1),\ (0.05,1)) ~ Dmnl ~ | GTPGFR= 10 ~ Year ~ | GTPTY= 10 ~ Year ~ | GTRRR= TRRR Total Recoverable Resource Remaining ~ BBL ~ | GTY= TRND Trend GTY ~ 1/Year ~ TRND(ye,GTPTY,GTETY,GITY) | GWD= 0.5 ~ Dmnl ~ | PPC Perceived precent condition GEGFR= INTEG ( A GEGFR, GFR/(1+TPPC Time to Perceive Perceived Present condition GEGFR*GIGFR)) ~ Dmnl ~ | PPC Perceived precent condition GTY= INTEG ( A GTY, ye/(1+TPPC Time to Perceive Perceived Present condition GTY*GITY )) ~ BBL/Foot Drilled ~ | RC Reference Condition GEGFR= INTEG ( C GEGFR, PPC Perceived precent condition GEGFR/(1+GTEGFR*GIGFR)) ~ Dmnl ~ | RC Reference Condition GTY= INTEG ( C GTY, PPC Perceived precent condition GTY/(1+GTETY*GITY)) ~ BBL/Foot Drilled ~ | rrr= URR-CUMPR Cumulative Production ~ BBL ~ ~ :SUPPLEMENTARY | RTRND Reference Trend GEGFR= (PPC Perceived precent condition GEGFR-RC Reference Condition GEGFR)/(RC Reference Condition GEGFR\ *GTEGFR) ~ 1/Year ~ | RTRND Reference Trend GTY= (PPC Perceived precent condition GTY-RC Reference Condition GTY)/(RC Reference Condition GTY\ *GTETY) ~ 1/Year ~ | TPPC Time to Perceive Perceived Present condition GEGFR= 0.2*GTEGFR ~ Year ~ | TPPC Time to Perceive Perceived Present condition GTY= 0.2*GTETY ~ Year ~ | TRND Trend GEGFR= INTEG ( B GEGFR, GIGFR) ~ 1/Year ~ | TRND Trend GTY= INTEG ( B GTY, GITY) ~ 1/Year ~ | URR= INITIAL( MAXFD Maximum Fraction Discoverable*MAXFR Maximum Fraction Recoverable*TR Total Resource\ ) ~ BBL ~ | ******************************************************** .Hubbert method ********************************************************~ | HA= 77.6 ~ Dmnl ~ | HB= -0.092 ~ 1/Year ~ | hcd= HCP+HPR ~ BBL ~ ~ :SUPPLEMENTARY | HCP= CUMPR Cumulative Production ~ BBL ~ | heurr= (1e+009)*HEURRT(Time) ~ BBL ~ ~ :SUPPLEMENTARY | HEURRT( [(1960,0)-(2100,6000)],(1968.13,6026.32),(1970,5013),(1975,2415),(1980,1976),(1985,1964\ ),(1990,1957),(1995,1920),(2000,1911),(2005,1927),(2010,1952),(2020,2001),(2030,2041\ ),(2040,2075),(2050,2100),(2060,2118),(2070,2131),(2080,2140),(2090,2147),(2100,2152\ )) ~ BBL ~ | HEXP= EXP(HB*(Time-HRPRL-1870)) ~ Dmnl ~ | hppr= -HQINF*HA*HB*HEXP/((1+HA*HEXP)^2) ~ BBL/Year ~ ~ :SUPPLEMENTARY | HPR= TRRR Total Recoverable Resource Remaining ~ BBL ~ | HQINF= 1e+012 ~ BBL ~ | HRPRL= 70 ~ Year ~ | ******************************************************** .Investment in exploration and production ********************************************************~ | EISDIE Effect of Substitution on Desired Investment in Exploration= Function for Effect of Substitution on Desired Investment in Exploration(ZIDZ(REQPRCE Required Price for Exploration\ ,Price )) ~ Dmnl ~ A EISDIE.K=CLIP(EISDIE1.K,EISDIE2.K,REFPRC.K,REQPRCE.K) | REQPRCE Required Price for Exploration= (PUCE Perceived Unit Cost of Exploration+UCP Unit Cost of Production)*(1+DGM Desired Gross Margin\ ) ~ USD82/BBL ~ A REQPRCE.K=(PUCE.K+UCP.K)*(1+DGM) | REQPRCP Required Price for Production= UCP Unit Cost of Production*(1+DGM Desired Gross Margin) ~ USD82/BBL ~ A REQPRCP.K=UCP.K*(1+DGM) | IIP Indicated Investment in Production= DPR Desired Production/PIP Productivity of Investment in Production ~ USD82/Year ~ A IIP.K=DPR.K*UCP.K | A= (NPDMND Natural Petroleum Demand-PPC Perceived precent condition)/TPPC Time to Perceive Perceived Present condition ~ BBL/(Year*Year) ~ | DPR Desired Production= MIN(NPDMND Natural Petroleum Demand, PPR Potential Production from Reserves ) ~ BBL/Year ~ A DPR.K=MIN(DMNDPR48.K,PPR.K) | DNYE Desired Net Yield from Exploration= NPDMND Natural Petroleum Demand+ADJEGDMND Adjustment for Expected Growth in Demand+ADJTRRR Adjustment of Total Recoverable Resources Remaining ~ BBL/Year ~ A DNYE.K=DMNDPR48.K+ADJEGDMD.K+ADJTRR.K | PPC Perceived precent condition= INTEG ( A, NPDMND Natural Petroleum Demand/(1+TPPC Time to Perceive Perceived Present condition\ *ITD Initial Trend Demand )) ~ BBL/Year ~ | RTRRP Required Total Recoverable Resources for Production= REFRPR Reference Reserve Production Ratio*NPDMND Natural Petroleum Demand ~ BBL ~ A RTRRP.K=REFRPR*DMNDPR48.K | ADJEGDMND Adjustment for Expected Growth in Demand= (EGDMND)*TRRR Total Recoverable Resource Remaining ~ BBL/Year ~ A ADJEGDMD.K=EGDMND.K*TRRR.K | ADJTRRR Adjustment of Total Recoverable Resources Remaining= (RTRRP Required Total Recoverable Resources for Production-TRRR Total Recoverable Resource Remaining\ )/TAR Time to Adjust Reserves ~ BBL/Year ~ A ADJTRR.K=(RTRRP.K-TRRR.K)/TAR | B= (RTRND Reference Trend-TRND Trend Demand)/TPT Time to Perceive Trend ~ 1/(Year*Year) ~ | C= (PPC Perceived precent condition-RC Reference Condition)/TERC ~ BBL/(Year*Year) ~ | DD Development Delay= 4 ~ Year ~ | DEIE Desired Effective Investment in Exploration= DNYE Desired Net Yield from Exploration*PUCE Perceived Unit Cost of Exploration ~ USD82/Year ~ A DEIE.K=DNYE.K*PUCE.K | DGM Desired Gross Margin= 0.2 ~ Dmnl ~ C DGM=.2 | EPIP Effect of Price on Investment in Production= Function for Effect of Price on Investment in Production(ZIDZ(REQPRCP Required Price for Production\ ,Price)) ~ Dmnl ~ A EPIP.K=TABHL(EPIPT,(REQPRCP.K/PRCDPP.K),0,2,.25) | Function for Effect of Substitution on Desired Investment in Exploration( [(0,0)-(20,1.4)],(0,1.25),(0.25,1.23),(0.5,1.18),(0.75,1.1),(1,1),(1.1,0.95),(1.2,0.9\ ),(1.3,0.85),(1.4,0.8),(1.5,0.75),(1.6,0.7),(1.7,0.65),(1.8,0.6),(1.9,0.55),(2,0.5)\ ,(2.1,0.45),(2.2,0.4),(2.3,0.3),(2.4,0.25),(2.5,0.2),(2.6,0.15),(12.6,0)) ~ Dmnl ~ A EISDIE1.K=TABHL(EISDIET,REQPRCE.K/REFPRC.K,0,2,.25) *** T EISDIET=1.25/1.23/1.18/1.1/1/.75/.4/.15/0 *** A EISDIE2.K=CLIP(EISDIE3.K,EISDIE4.K,2.6,REQPRCE.K/REFPRC.K) *** A EISDIE3.K=TABHL(EISDI3,REQPRCE.K/REFPRC.K,1,2.6,.1) *** T EISDI3=1/.95/.9/.85/.80/.75/.7/.65/.6/.55/.5/.45/.4/.3/.25/.2/.15 *** A EISDIE4.K=TABHL(EISDI4,REQPRCE.K/REFPRC.K,2.6,12.6,10) *** T EISDI4=.15/.0\!\! | Function for Effect of Price on Investment in Production( [(0,0)-(2,1)],(0,1),(0.25,0.98),(0.5,0.95),(0.75,0.91),(1,0.8),(1.25,0.55),(1.5,0.3)\ ,(1.75,0.1),(2,0)) ~ Dmnl ~ T EPIPT=1/.98/.95/.91/.8/.55/.3/.1/0 | IE Investment in Exploration= IIE Indicated Investment in Exploration*EISDIE Effect of Substitution on Desired Investment in Exploration ~ USD82/Year ~ A IE.K=IIE.K*EISDIE.K | IIE Indicated Investment in Exploration= MAX(DEIE Desired Effective Investment in Exploration*((1+EGDMND*DD Development Delay\ /3)^3),0) ~ USD82/Year ~ A IIE.K=MAX(DEIE.K*((1+EGDMND.K*ED/3)**3),0) | IP Investment in Production= IIP Indicated Investment in Production*EPIP Effect of Price on Investment in Production ~ USD82/Year ~ A IP.K=IIP.K*EPIP.K | ITD Initial Trend Demand= 0.1 ~ 1/Year ~ C ITP=.10 | PUCE Perceived Unit Cost of Exploration= SMOOTH(UCE Unit Cost of Exploration, TPUCE Time to Perceive Unit Cost of Exploration\ ) ~ USD82/BBL ~ A PUCE.K=SMOOTH(UCE.K,TPUCE) | RC Reference Condition= INTEG ( C, PPC Perceived precent condition/(1+TERC*ITD Initial Trend Demand)) ~ BBL/Year ~ | RTRND Reference Trend= (PPC Perceived precent condition-RC Reference Condition)/(RC Reference Condition*TERC\ ) ~ 1/Year ~ | TAR Time to Adjust Reserves= 25 ~ Year ~ C TAR=25 | TERC= 5 ~ Year ~ | TPPC Time to Perceive Perceived Present condition= 0.2*TERC ~ Year ~ C TETP=5 | TPT Time to Perceive Trend= 5 ~ Year ~ C TPTP=5 | TPUCE Time to Perceive Unit Cost of Exploration= 15 ~ Year ~ C TPUCE=15 | TRND Trend Demand= INTEG ( B, ITD Initial Trend Demand) ~ 1/Year ~ | ******************************************************** .Production ********************************************************~ | IR Identified Reserve= INTEG ( AIR Addition to Identified Reserve-PR Production, (((NPDMND Natural Petroleum Demand*REFRPR Reference Reserve Production Ratio)+CUMPR Cumulative Production )/FR Fraction Recoverable)-CUMPR Cumulative Production) ~ BBL ~ L IR.K=IR.J+DT*(AIR.JK-PR.JK); N IR=(((REFRPR*DMNDPR48)+CUMPR)/FR)-CUMPR | CUP Capacity Utilisation in Production= Function for Capacity Utilisation in Production(NPDMND Natural Petroleum Demand/PP Potential Production\ ) ~ Dmnl ~ A CUP.K=TABHL(CUPT,DMNDPR48.K/PP.K,0,1.6,.2) | EIP Effective Investment in Production= INTEG ( Rate of Investment Production, (MIN(NPDMND Natural Petroleum Demand, PPR Potential Production from Reserves )/PIP Productivity of Investment in Production )) ~ USD82/Year ~ Note - This could also be modeled as an explicit stock management structure, but \ this simpler delay works well. L EIP.K=EIP.J+(DT/PD)*(IP.J-EIP.J); N EIP=(MIN(DMNDPR48,PPR)/PIP) | APR Average Production= SMOOTH(PR Production, TAP Time to Average Production) ~ BBL/Year ~ A APR.K=SMOOTH(PR.KL,TAP) | CUMAIR Cumulative Additions to Identified Reserves= IR Identified Reserve+CUMPR Cumulative Production ~ BBL ~ A CUMAIR.K=IR.K+CUMPR.K | CUMPR Cumulative Production= INTEG ( PR Production, CumProd1870) ~ BBL ~ L CUMPR.K=CUMPR.J+DT*(PR.JK); N CUMPR=CUMPRN; C CUMPRN=28.5E6 | eipp effect of investment on potential production= Function for Effect of Investment on Potential Production(PPI Potential Production from Investment\ /PPR Potential Production from Reserves) ~ Dmnl ~ A EIPP.K=TABHL(EIPPT,PPI.K/PPR.K,0,1.6,.2) | etpip effect of technology on productivity of investment in production= Function for Effect of technology on productivity of investment in production(TRRR Total Recoverable Resource Remaining\ /IR Identified Reserve) ~ Dmnl ~ A ETPIP.K=TABLE(ETPIPT,TRRR.K/IR.K,0,1,.1) | Function for Capacity Utilisation in Production( [(0,0)-(1.6,1)],(0,0),(0.2,0.2),(0.4,0.4),(0.6,0.6),(0.8,0.8),(1,0.94),(1.2,1),(1.4,\ 1),(1.6,1)) ~ Dmnl ~ T CUPT=0/.2/.4/.6/.8/1/1./1./1.\!\!\! | Function for Effect of Investment on Potential Production( [(0,0)-(1.6,1)],(0,0),(0.2,0.3),(0.4,0.55),(0.6,0.75),(0.8,0.9),(1,1),(1.2,1),(1.4,1\ ),(1.6,1)) ~ Dmnl ~ T EIPPT=0/.3/.55/.75/.9/1/1./1./1. | Function for Effect of technology on productivity of investment in production( [(0,0)-(1,1)],(0,1e-009),(0.1,0.1),(0.2,0.2),(0.3,0.3),(0.4,0.4),(0.5,0.5),(0.6,0.6)\ ,(0.7,0.7),(0.8,0.8),(0.9,0.9),(1,1)) ~ Dmnl ~ T ETPIPT=1.E-9/.1/.2/.3/.4/.5/.6/.7/.8/.9/1 | IRPR Identified Reserve Production Ratio= TRRR Total Recoverable Resource Remaining/APR Average Production ~ Year ~ A IRPR.K=TRRR.K/APR.K | PD Production Delay= 1 ~ Year ~ C PD=1 | PIP Productivity of Investment in Production= REFPIP Reference Productivity of Investment in Production*etpip effect of technology on productivity of investment in production ~ BBL/USD82 ~ A PIP.K=REFPIP.K*ETPIP.K | PP Potential Production= PPR Potential Production from Reserves*eipp effect of investment on potential production ~ BBL/Year ~ A PP.K=PPR.K*EIPP.K | PPI Potential Production from Investment= EIP Effective Investment in Production*PIP Productivity of Investment in Production ~ BBL/Year ~ A PPI.K=EIP.K*PIP.K | PPR Potential Production from Reserves= TRRR Total Recoverable Resource Remaining/REFRPR Reference Reserve Production Ratio ~ BBL/Year ~ A PPR.K=TRRR.K/REFRPR | PR Production= PP Potential Production*CUP Capacity Utilisation in Production ~ BBL/Year ~ R PR.KL=PP.K*CUP.K | Rate of Investment Production= (IP Investment in Production-EIP Effective Investment in Production)/PD Production Delay ~ USD82/(Year*Year) ~ | REFPIP Reference Productivity of Investment in Production= SMOOTH(REFPIPf Reference Productivity of Investment in Production function, IRPR Identified Reserve Production Ratio\ ) ~ BBL/USD82 ~ A REFPIP.K=SMOOTH(REFPIE.K*RPIP,IRPR.K) | REFPIPf Reference Productivity of Investment in Production function= REFPIE Reference Productivity of Investment in Exploration*RPIP Relative Productivity of Investment in Production ~ BBL/USD82 ~ A REFPIP.K=SMOOTH(REFPIE.K*RPIP,IRPR.K) | REFRPR Reference Reserve Production Ratio= 9 ~ Year ~ C REFRPR=10 15 | TAP Time to Average Production= 1 ~ Year ~ C TAP=1 | TRRR Total Recoverable Resource Remaining= CUMAIR Cumulative Additions to Identified Reserves*FR Fraction Recoverable-CUMPR Cumulative Production ~ BBL ~ A TRRR.K=CUMAIR.K*FR.K-CUMPR.K | ******************************************************** .Revenue, price and cost ********************************************************~ | REV Revenue= Price*PR Production ~ USD82/Year ~ A REV.K=PRCDPP.K*APR.K | BVR Book Value of the Reserve= INTEG ( EIE Effective Investment in Exploration-RBVR Reduction in Book Value of the Reserve, ((REQPRCN Inital Value of REQPRC/(1+DGM Desired Gross Margin))-UCP Unit Cost of Production\ )*TRRR Total Recoverable Resource Remaining ) ~ USD82 ~ L BVR.K=BVR.J+(DT)(EIE.J-RBVR.JK); N BVR=CIBVR*((REQPRCI/(1+DGM))-UCP)*TRRR | PRCCDET Cost Determined Price= Price*(1-DGM Desired Gross Margin) ~ USD82/BBL ~ A PRCCDET.K=REQPRC.K*ESDPRC.K ((INITIAL PRICE*relative reserve production ratio^ELASTICITY OF PRICE TO RESERVE \ PRODUCTION RATIO)*demand potential supply ratio ^ELASTICITY OF PRICE TO DEMAND SUPPLY RATIO)*(1-DGM DESIRED GROSS MARGIN) | UCP Unit Cost of Production= 1/PIP Productivity of Investment in Production ~ USD82/BBL ~ Changed back to the Dynamo formulation A UCP.K=1/PIP.K | RBVR Reduction in Book Value of the Reserve= UEXPEXP Unit Exploration Expenditure*PR Production ~ USD82/Year ~ R RBVR.KL=UEXPEXP.K*PR.KL | UCE Unit Cost of Exploration= 1/(FR Fraction Recoverable*PIE Productivity of Investment in Exploration) ~ USD82/BBL ~ A UCE.K=1/(PIE.K*FR.K) | UCOST Unit Cost= UEXPEXP Unit Exploration Expenditure+UCP Unit Cost of Production ~ USD82/BBL ~ A UCOST.K=UEXPEXP.K+UCP.K uexpexp unit exploration expenditure+ucp unit cost of production | UEXPEXP Unit Exploration Expenditure= PRCCDET Cost Determined Price-UCP Unit Cost of Production ~ USD82/BBL ~ A UEXPEXP.K=BVR.K/TRRR.K | ******************************************************** .Technology ********************************************************~ | CUMPET Cumulative Progress in Exploration Technology= INTEG ( CUMPETRC Cumulative Progress in Exploration Technology Rate of Change, 0) ~ Year ~ L LSET.K=LSET.J+(DT)(REET.JK); N LSET=LSETN; C LSETN=0 | CUMPETRC Cumulative Progress in Exploration Technology Rate of Change= DELAY3I(RPET Rate of Progress in Exploration Technology, DTET Development Time for Discovery Technology\ , 0) ~ Dmnl ~ R REET.KL=DELAY3(IET.K*EIET,DTET) | CUMPRT Cumulative Progress in Recovery Technology= INTEG ( CUMPRTRC Cumulative Progress in Recovery Technology Rate of Change, 0) ~ Year ~ L LSRT.K=LSRT.J+(DT)(RERT.JK); N LSRT=LSRTN; C LSRTN=0 | CUMPRTRC Cumulative Progress in Recovery Technology Rate of Change= DELAY3I(RPRT Rate of Progress in Recovery Technology, DTRT Development Time for Recovery Technology\ , 0) ~ Dmnl ~ R RERT.KL=DELAY3(IRT.K*EIRT,DTRT) | DTET Development Time for Discovery Technology= 6 ~ Year ~ C DTET=6 | DTRT Development Time for Recovery Technology= 6 ~ Year ~ C DTRT=6 | EIDT Effect of Investment in Discovery Technology= 4.5e-011 ~ Year/USD82 ~ C EIET=.18E-9 8.8e-010 | EIRT Effect of Investment in Recovery Technology= 1.5e-011 ~ Year/USD82 ~ C EIRT=.065E-9 1.25e-010 | FD Fraction Discoverable= MINFD Minimum Fraction Discoverable+(MAXFD Maximum Fraction Discoverable-MINFD Minimum Fraction Discoverable\ )*(CUMPET Cumulative Progress in Exploration Technology/(CUMPET Cumulative Progress in Exploration Technology\ +1)) ~ Dmnl ~ A FD.K=MINFD+(MAXFD-MINFD)*(LSET.K/(LSET.K+1)) | FIET Fraction of Investment in Exploration Technolgy= FIET Fraction of Investment in Exploration Technolgy table(FIET Fraction of Investment in Exploration Technolgy function\ ) ~ Dmnl ~ A FIET.K=TABHL(FIETT,FD.K,0,1,.2) | FIET Fraction of Investment in Exploration Technolgy function= FD Fraction Discoverable ~ Dmnl ~ | FIET Fraction of Investment in Exploration Technolgy table( [(0,0)-(1,0.8)],(0,0.8),(0.2,0.8),(0.4,0.7),(0.6,0.5),(0.8,0.2),(1,0)) ~ Dmnl ~ T FIETT=.8/.8/.7/.5/.2/0 | FR Fraction Recoverable= MINFR Minimum Fraction Recoverable+(MAXFR Maximum Fraction Recoverable-MINFR Minimum Fraction Recoverable\ )*(CUMPRT Cumulative Progress in Recovery Technology/(CUMPRT Cumulative Progress in Recovery Technology\ +1)) ~ Dmnl ~ A FR.K=MINFR+(MAXFR-MINFR)(LSRT.K/(LSRT.K+1)) | FRIT Fraction of Revenue Invested in Technology= 0.035 ~ Dmnl ~ C FRIT=.035 | IET Investment in Exploration Technology= IT Investment in Technology*FIET Fraction of Investment in Exploration Technolgy ~ USD82/Year ~ A IET.K=IT.K*FIET.K | IRT Investment in Recovery Technology= IT Investment in Technology*(1-FIET Fraction of Investment in Exploration Technolgy) ~ USD82/Year ~ A IRT.K=IT.K*(1-FIET.K) | IT Investment in Technology= FRIT Fraction of Revenue Invested in Technology*REV Revenue ~ USD82/Year ~ A IT.K=FRIT*REV.K | MAXFD Maximum Fraction Discoverable= 0.9 ~ Dmnl ~ C MAXFD=1 | MAXFR Maximum Fraction Recoverable= 0.7 ~ Dmnl ~ C MAXFR=.5 | MINFD Minimum Fraction Discoverable= 0.2 ~ Dmnl ~ C MINFD=.2 | MINFR Minimum Fraction Recoverable= 0.2 ~ Dmnl ~ C MINFR=.2 | RPET Rate of Progress in Exploration Technology= EIDT Effect of Investment in Discovery Technology*IET Investment in Exploration Technology ~ Dmnl ~ | RPRT Rate of Progress in Recovery Technology= EIRT Effect of Investment in Recovery Technology*IRT Investment in Recovery Technology ~ Dmnl ~ | \\\---/// Sketch information - do not modify anything except names V300 Do not put anything below this section - it will be ignored *Demand, Import and Substitution $192-192-192,0,Arial|12||0-0-0|0-0-0|0-0-255|-1--1--1|-1--1--1|96,96,75 10,1,RPP Reference Petroleum Price,415,1236,79,18,8,3,0,3,0,0,0,0,255-192-128,0-0-0,|12||255-0-0 10,2,EPD,415,1370,19,10,8,3,0,2,0,0,0,0,0-0-0,0-0-0,|12||255-0-0 10,3,EPEI Effect of Price on Energy Intensity,595,1300,73,25,8,3,0,0,0,0,0,0 10,4,APPRC Average Petroleum Price,734,1445,75,29,8,3,0,0,0,0,0,0 1,5,1,3,1,0,45,0,0,64,0,-1--1--1,,1|(484,1245)| 1,6,2,3,1,0,43,0,0,64,0,-1--1--1,,1|(481,1339)| 1,7,4,3,1,0,43,0,0,64,0,-1--1--1,,1|(623,1365)| 10,8,Indicated Oil Intensity of Economy,803,1132,45,27,8,3,0,0,0,0,0,0 10,9,REI Reference Energy Intensity,770,1238,77,18,8,3,0,2,0,0,0,0,0-0-0,0-0-0,|12||255-0-0 1,10,3,8,1,0,43,0,0,64,0,-1--1--1,,1|(653,1175)| 1,11,9,8,1,0,43,0,0,64,0,-1--1--1,,1|(784,1206)| 10,12,TAEI Time to Adjust Energy Intensity,998,991,69,27,8,3,0,0,0,0,0,0 10,13,TEPRCIS Time to Establish the Reference Price,2149,1529,80,27,8,3,0,0,0,0,0,0 10,14,PI Petroleum Intensity,1238,1253,49,28,8,3,0,0,0,0,0,0 10,15,TPDMND Total Petroleum Demand,1238,1375,89,17,8,3,0,0,0,0,0,0 10,16,ISPC Indicated Synthetic Production Capacity,1430,1639,85,35,8,3,0,0,0,0,0,0 10,17,ispms indicated synthetic petroleum market share,1680,1620,70,27,8,3,0,0,0,0,0,0 10,18,REFPRCIS Reference Price for Investment in Synthetics,1946,1677,70,43,3,3,0,0,0,0,0,0 1,19,18,17,1,0,0,0,0,64,0,-1--1--1,,1|(1823,1646)| 10,20,SPC Synthetic Production Capacity,1487,1884,56,29,8,3,0,0,0,0,0,0 1,21,16,20,1,0,0,0,0,64,0,-1--1--1,,1|(1528,1773)| 10,22,SPR Synthetic Production,1037,1741,70,25,8,3,0,0,0,0,0,0 1,23,20,22,1,0,0,0,0,64,0,-1--1--1,,1|(1193,1930)| 10,24,SPRICE Synthetic Petroleum Price,1663,1773,79,18,8,3,0,2,0,0,0,0,0-0-0,0-0-0,|12||255-0-0 1,25,24,17,1,0,0,0,0,64,0,-1--1--1,,1|(1657,1711)| 10,26,SPCAT Synthetic Production Capacity Adjustment Time,1690,1961,87,34,8,3,0,0,0,0,0,0 1,27,26,20,1,0,0,0,0,64,0,-1--1--1,,1|(1609,1963)| 10,28,SPMS Synthetic Petroleum Market Share,996,1473,64,27,8,3,0,0,0,0,0,0 1,29,15,28,1,0,45,0,0,64,0,-1--1--1,,1|(1137,1451)| 10,30,NPMS Natural Petroleum Market Share,821,1577,64,27,8,3,0,0,0,0,0,0 1,31,28,30,1,0,45,0,0,64,0,-1--1--1,,1|(934,1575)| 1,32,30,4,1,0,0,0,0,64,0,-1--1--1,,1|(760,1526)| 10,33,NPDMND Natural Petroleum Demand,1249,1498,71,27,8,3,0,0,0,0,0,0 1,34,15,33,1,0,43,0,0,64,0,-1--1--1,,1|(1245,1424)| 10,35,spcu synthetic production capacity utilisation,1272,1780,71,27,8,3,0,0,0,0,0,0 1,36,16,35,1,0,0,0,0,0,0,-1--1--1,,1|(1393,1711)| 1,37,20,35,1,0,0,0,0,0,0,-1--1--1,,1|(1359,1903)| 10,38,Function for Synthetic Production Capacity Utilisation,1180,1671,102,27,8,3,0,0,0,0,0,0 10,39,Function for Indicated Synthetic Petroleum Market Share,1737,1479,92,36,8,3,0,0,0,0,0,0 10,40,Function for Effect of Energy Conversion on Petroleum Demand,1302,1001,110,27,8,3,0,0,0,0,0,0 10,41,EECDP Effect of Energy Conversion on Petroleum Demand,1312,1127,89,27,8,3,0,0,0,0,0,0 1,42,40,41,1,0,0,0,0,64,0,-1--1--1,,1|(1315,1055)| 1,43,35,22,1,0,0,0,0,64,0,-1--1--1,,1|(1138,1800)| 1,44,38,35,0,0,0,0,0,64,0,-1--1--1,,1|(1220,1720)| 1,45,39,17,0,0,0,0,0,64,0,-1--1--1,,1|(1709,1547)| 1,46,17,16,1,0,0,0,0,64,0,-1--1--1,,1|(1571,1619)| 1,47,28,4,1,0,0,0,0,64,0,-1--1--1,,1|(863,1484)| 1,48,15,16,1,0,0,0,0,64,0,-1--1--1,,1|(1409,1485)| 1,49,22,28,1,0,0,0,0,64,0,-1--1--1,,1|(983,1623)| 10,50,capital,1801,1256,40,20,3,3,0,0,0,0,0,0 12,51,48,1531,1250,10,8,0,3,0,0,-1,0,0,0 1,52,54,50,4,0,0,22,0,0,0,-1--1--1,,1|(1700,1250)| 1,53,54,51,100,0,0,22,0,0,0,-1--1--1,,1|(1584,1250)| 11,54,48,1634,1250,6,8,34,3,0,0,1,0,0,0 10,55,capital growth,1634,1268,50,10,40,3,0,0,-1,0,0,0 1,56,50,55,1,0,0,0,0,64,0,-1--1--1,,1|(1732,1204)| 10,57,capital growth rate,1508,1324,50,36,8,3,0,0,0,0,0,0 1,58,57,55,0,0,0,0,0,64,0,-1--1--1,,1|(1578,1292)| 1,59,50,15,1,0,0,0,0,64,0,-1--1--1,,1|(1478,1376)| 1,60,14,15,1,0,0,0,0,64,0,-1--1--1,,1|(1247,1285)| 1,61,75,55,0,0,0,0,0,64,0,-1--1--1,,1|(1598,1222)| 10,62,initial capital,1800,1153,35,18,8,3,0,0,0,0,0,0 1,63,62,50,0,0,0,0,0,64,1,-1--1--1,,1|(1800,1196)| 10,64,Oil Intensity of Economy,1036,1101,56,18,8,3,0,0,0,0,0,0 1,65,8,64,1,0,0,0,0,64,0,-1--1--1,,1|(903,1100)| 1,66,12,64,0,0,0,0,0,64,0,-1--1--1,,1|(1015,1043)| 10,67,initial indicated oil intensity of economy,1006,1204,73,28,8,3,0,0,-1,0,0,0 1,68,67,64,0,0,0,0,0,64,1,-1--1--1,,1|(1020,1154)| 1,69,64,14,1,0,0,0,0,64,0,-1--1--1,,1|(1182,1179)| 10,70,effect of autonomous technology on oil intensity,600,1064,76,27,8,3,0,0,0,0,0,0 10,71,INITIAL TIME,534,962,56,10,8,2,0,3,-1,0,0,0,0-0-255,0-0-0,|12||0-0-255 1,72,71,70,0,0,0,0,0,64,0,-1--1--1,,1|(557,998)| 10,73,Time,395,1021,29,10,8,2,0,3,-1,0,0,0,0-0-255,0-0-0,|12||0-0-255 1,74,73,70,0,0,0,0,0,64,0,-1--1--1,,1|(467,1036)| 10,75,Time,1572,1188,29,10,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||0-0-255 10,76,EPT,403,1069,18,10,8,3,0,0,0,0,0,0 1,77,28,33,1,0,0,0,0,64,0,-1--1--1,,1|(1103,1491)| 1,78,70,8,1,0,0,0,0,64,0,-1--1--1,,1|(713,1107)| 1,79,76,70,0,0,0,0,0,64,0,-1--1--1,,1|(466,1067)| 10,80,ept85,436,981,27,10,8,3,0,0,0,0,0,0 1,81,80,70,0,0,0,0,0,64,0,-1--1--1,,1|(494,1010)| 1,82,41,14,0,0,0,0,0,64,0,-1--1--1,,1|(1279,1183)| 10,83,Time,1189,1055,29,10,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||128-128-128 1,84,83,41,0,0,0,0,0,64,0,-1--1--1,,1|(1229,1078)| 10,85,SPRICE Synthetic Petroleum Price,636,1562,71,18,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||128-128-128 1,86,85,4,0,0,0,0,0,64,0,-1--1--1,,1|(675,1514)| 10,87,Price,2082,1801,30,10,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||128-128-128 10,88,Price,490,1527,30,10,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||128-128-128 1,89,88,4,0,0,0,0,0,64,0,-1--1--1,,1|(582,1495)| 10,90,Capital I,749,312,65,32,3,3,0,0,0,0,0,0 10,91,Capital II,1034,312,69,32,3,3,0,0,0,0,0,0 10,92,Capital III,1316,309,69,32,3,3,0,0,0,0,0,0 10,93,Demand for Oil from Capital I,756,600,62,37,3,3,0,0,0,0,0,0 10,94,Demand for Oil from Capital II,1043,601,66,36,3,3,0,0,0,0,0,0 10,95,Demand for Oil from Capital III,1325,602,69,36,3,3,0,0,0,0,0,0 10,96,Capital Under Construction,476,307,66,34,3,3,0,0,0,0,0,0 10,97,Demand for Oil from Capital under Construction,490,597,66,40,3,3,0,0,0,0,0,0 12,98,48,216,302,10,8,0,3,0,0,-1,0,0,0 1,99,101,96,4,0,0,22,0,0,0,-1--1--1,,1|(367,301)| 1,100,101,98,100,0,0,22,0,0,0,-1--1--1,,1|(269,301)| 11,101,48,318,301,6,8,34,3,0,0,1,0,0,0 10,102,Construction Starts,318,327,46,18,40,3,0,0,-1,0,0,0 1,103,105,90,4,0,0,22,0,0,0,-1--1--1,,1|(651,304)| 1,104,105,96,100,0,0,22,0,0,0,-1--1--1,,1|(574,304)| 11,105,844,613,304,6,8,34,3,0,0,1,0,0,0 10,106,Capital Acquisition,613,330,41,18,40,3,0,0,-1,0,0,0 1,107,109,91,4,0,0,22,0,0,0,-1--1--1,,1|(930,308)| 1,108,109,90,100,0,0,22,0,0,0,-1--1--1,,1|(848,308)| 11,109,1132,889,308,6,8,34,3,0,0,1,0,0,0 10,110,Capital Aging 1,889,326,56,10,40,3,0,0,-1,0,0,0 1,111,113,92,4,0,0,22,0,0,0,-1--1--1,,1|(1214,309)| 1,112,113,91,100,0,0,22,0,0,0,-1--1--1,,1|(1136,309)| 11,113,876,1175,309,6,8,34,3,0,0,1,0,0,0 10,114,Capital Aging II,1175,327,55,10,40,3,0,0,-1,0,0,0 12,115,48,1599,307,10,8,0,3,0,0,-1,0,0,0 1,116,118,115,4,0,0,22,0,0,0,-1--1--1,,1|(1530,310)| 1,117,118,92,100,0,0,22,0,0,0,-1--1--1,,1|(1422,310)| 11,118,48,1466,310,6,8,34,3,0,0,1,0,0,0 10,119,Capital Discards,1466,336,34,18,40,3,0,0,-1,0,0,0 12,120,48,231,584,10,8,0,3,0,0,-1,0,0,0 1,121,123,97,4,0,0,22,0,0,0,-1--1--1,,1|(381,584)| 1,122,123,120,100,0,0,22,0,0,0,-1--1--1,,1|(284,584)| 11,123,48,332,584,6,8,34,3,0,0,1,0,0,0 10,124,Increase in Demand from capital under construction,332,619,73,27,40,3,0,0,-1,0,0,0 1,125,127,93,4,0,0,22,0,0,0,-1--1--1,,1|(662,600)| 1,126,127,97,100,0,0,22,0,0,0,-1--1--1,,1|(587,600)| 11,127,1196,625,600,6,8,34,3,0,0,1,0,0,0 10,128,Increase in Demand I,625,626,40,18,40,3,0,0,-1,0,0,0 1,129,131,94,4,0,0,22,0,0,0,-1--1--1,,1|(940,601)| 1,130,131,93,100,0,0,22,0,0,0,-1--1--1,,1|(854,601)| 11,131,1244,897,601,6,8,34,3,0,0,1,0,0,0 10,132,Increase in Demand II,897,627,40,18,40,3,0,0,-1,0,0,0 1,133,135,95,4,0,0,22,0,0,0,-1--1--1,,1|(1222,601)| 1,134,135,94,100,0,0,22,0,0,0,-1--1--1,,1|(1142,601)| 11,135,1164,1182,601,6,8,34,3,0,0,1,0,0,0 10,136,Increase in Demand III,1182,627,40,18,40,3,0,0,-1,0,0,0 12,137,48,1603,600,10,8,0,3,0,0,-1,0,0,0 1,138,140,137,4,0,0,22,0,0,0,-1--1--1,,1|(1537,602)| 1,139,140,95,100,0,0,22,0,0,0,-1--1--1,,1|(1431,602)| 11,140,48,1475,602,6,8,34,3,0,0,1,0,0,0 10,141,Reduction in Demand from Discards,1475,637,50,27,40,3,0,0,-1,0,0,0 10,142,Oil Intensity of New Capital,363,728,50,18,8,3,0,0,0,0,0,0 10,143,Average Demand from Capital under Construction,535,447,83,27,8,3,0,0,0,0,0,0 10,144,Average Demand from Capital I,786,449,65,18,8,3,0,0,0,0,0,0 10,145,Average Demand from Capital II,1031,449,65,18,8,3,0,0,0,0,0,0 10,146,Average Demand from Capital III,1363,453,65,18,8,3,0,0,0,0,0,0 10,147,Average Life of Capital,1161,209,56,18,8,3,0,0,0,0,0,0 1,148,102,124,0,0,0,0,0,64,0,-1--1--1,,1|(325,462)| 1,149,97,143,1,0,0,0,0,64,0,-1--1--1,,1|(489,506)| 1,150,96,143,1,0,0,0,0,64,0,-1--1--1,,1|(484,379)| 1,151,96,106,1,0,0,0,0,64,0,-1--1--1,,1|(574,358)| 1,152,143,128,1,0,0,0,0,64,0,-1--1--1,,1|(613,531)| 1,153,106,128,1,0,0,0,0,64,0,-1--1--1,,1|(660,482)| 1,154,90,110,1,0,0,0,0,64,0,-1--1--1,,1|(819,364)| 1,155,91,114,1,0,0,0,0,64,0,-1--1--1,,1|(1137,360)| 1,156,92,119,1,0,0,0,0,64,0,-1--1--1,,1|(1432,374)| 1,157,147,110,1,0,0,0,0,64,0,-1--1--1,,1|(1024,226)| 1,158,147,114,1,0,0,0,0,64,0,-1--1--1,,1|(1193,250)| 1,159,147,119,1,0,0,0,0,64,0,-1--1--1,,1|(1380,241)| 1,160,90,144,1,0,0,0,0,64,0,-1--1--1,,1|(739,410)| 1,161,93,144,1,0,0,0,0,64,0,-1--1--1,,1|(748,502)| 1,162,144,132,1,0,0,0,0,64,0,-1--1--1,,1|(883,532)| 1,163,110,132,1,0,0,0,0,64,0,-1--1--1,,1|(913,448)| 1,164,94,145,1,0,0,0,0,64,0,-1--1--1,,1|(1037,523)| 1,165,91,145,1,0,0,0,0,64,0,-1--1--1,,1|(1032,381)| 1,166,145,136,1,0,0,0,0,64,0,-1--1--1,,1|(1141,522)| 1,167,114,136,1,0,0,0,0,64,0,-1--1--1,,1|(1208,444)| 1,168,119,141,1,0,0,0,0,64,0,-1--1--1,,1|(1501,450)| 1,169,95,146,1,0,0,0,0,64,0,-1--1--1,,1|(1325,517)| 1,170,92,146,1,0,0,0,0,64,0,-1--1--1,,1|(1326,381)| 1,171,146,141,1,0,0,0,0,64,0,-1--1--1,,1|(1443,527)| 1,172,142,124,1,0,0,0,0,64,0,-1--1--1,,1|(343,678)| 10,173,initial capital,877,230,54,10,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||255-0-0 1,174,173,90,0,0,0,0,0,64,1,-1--1--1,,1|(835,257)| 1,175,173,91,0,0,0,0,0,64,1,-1--1--1,,1|(927,257)| 1,176,173,92,0,0,0,0,0,64,1,-1--1--1,,1|(1082,267)| 1,177,173,96,0,0,0,0,0,64,1,-1--1--1,,1|(690,266)| 1,178,147,106,1,0,0,0,0,64,0,-1--1--1,,1|(799,205)| 10,179,Initial Average Oil Intensity,826,701,52,18,8,3,0,2,0,0,0,0,0-0-0,0-0-0,|12||255-0-0 1,180,179,97,1,0,0,0,0,64,1,-1--1--1,,1|(599,672)| 1,181,179,93,0,0,0,0,0,64,1,-1--1--1,,1|(801,666)| 1,182,179,94,0,0,0,0,0,64,1,-1--1--1,,1|(914,661)| 1,183,179,95,1,0,0,0,0,64,1,-1--1--1,,1|(1185,696)| 1,184,96,97,1,0,0,0,0,0,1,-1--1--1,,1|(422,441)| 1,185,90,93,1,0,0,0,0,0,1,-1--1--1,,1|(714,443)| 1,186,91,94,1,0,0,0,0,0,1,-1--1--1,,1|(949,448)| 1,187,92,95,1,0,0,0,0,0,1,-1--1--1,,1|(1276,455)| 10,188,Total Capital,621,205,46,10,8,3,0,0,0,0,0,0 10,189,Total Oil Demand,1353,764,32,18,8,3,0,0,0,0,0,0 1,190,95,189,1,0,0,0,0,64,0,-1--1--1,,1|(1363,686)| 1,191,94,189,1,0,0,0,0,64,0,-1--1--1,,1|(1222,722)| 1,192,93,189,1,0,0,0,0,64,0,-1--1--1,,1|(987,722)| 1,193,97,189,1,0,0,0,0,64,0,-1--1--1,,1|(775,744)| 1,194,90,188,0,0,0,0,1,0,0,160-160-160,|12||0-0-0,1|(676,253)| 1,195,91,188,0,0,0,0,1,0,0,160-160-160,|12||0-0-0,1|(818,257)| 1,196,92,188,0,0,0,0,1,0,0,160-160-160,|12||0-0-0,1|(963,257)| 1,197,96,188,0,0,0,0,1,0,0,160-160-160,|12||0-0-0,1|(559,249)| 10,198,EECDP Effect of Energy Conversion on Petroleum Demand,231,876,95,27,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||128-128-128 10,199,EPEI Effect of Price on Energy Intensity,449,855,78,18,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||128-128-128 10,200,effect of autonomous technology on oil intensity,569,768,81,27,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||128-128-128 10,201,REI Reference Energy Intensity,197,774,62,18,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||128-128-128 1,202,201,142,1,0,0,0,0,64,0,-1--1--1,,1|(280,752)| 1,203,198,142,0,0,0,0,0,64,0,-1--1--1,,1|(297,803)| 1,204,199,142,0,0,0,0,0,64,0,-1--1--1,,1|(411,798)| 1,205,200,142,0,0,0,0,0,64,0,-1--1--1,,1|(458,747)| 10,206,Investment Fraction,139,313,39,18,8,3,0,0,0,0,0,0 10,207,World GDP,274,123,48,32,3,3,0,0,0,0,0,0 12,208,48,73,120,10,8,0,3,0,0,-1,0,0,0 1,209,211,207,4,0,0,22,0,0,0,-1--1--1,,1|(193,120)| 1,210,211,208,100,0,0,22,0,0,0,-1--1--1,,1|(115,120)| 11,211,48,153,120,6,8,34,3,0,0,1,0,0,0 10,212,Growth in GDP,153,138,54,10,40,3,0,0,-1,0,0,0 10,213,GDP Growth Rate,124,210,47,18,8,3,0,0,0,0,0,0 1,214,213,212,0,0,0,0,0,64,0,-1--1--1,,1|(138,177)| 1,215,207,212,1,0,0,0,0,64,0,-1--1--1,,1|(204,169)| 1,216,207,102,0,0,0,0,0,64,0,-1--1--1,,1|(296,226)| 1,217,206,102,0,0,0,0,0,64,0,-1--1--1,,1|(219,320)| 10,218,Time,244,399,29,10,8,2,1,3,-1,0,0,0,128-128-128,0-0-0,|12||128-128-128 10,219,SW Capital CoFlow,1078,1314,43,18,8,3,0,2,0,0,0,0,0-0-0,0-0-0,|12||255-0-255 1,220,219,15,0,0,0,0,0,64,0,-1--1--1,,1|(1150,1341)| 1,221,189,15,1,0,0,0,0,64,0,-1--1--1,,1|(1450,1088)| 10,222,Initial World GDP,442,79,53,18,8,3,0,2,0,0,0,0,0-0-0,0-0-0,|12||255-0-0 1,223,222,207,0,0,0,0,0,64,1,-1--1--1,,1|(363,100)| 12,224,0,757,887,112,112,6,4,0,4,-1,0,0,0,0-0-0,255-160-0,|12||0-0-0 Two possible structures for modeling demand - Coflow and simpler information delay. Effect variables are the same for both 12,225,48,2177,1654,10,8,0,3,0,0,-1,0,0,0 1,226,228,18,4,0,0,22,0,0,0,-1--1--1,,1|(2060,1654)| 1,227,228,225,100,0,0,22,0,0,0,-1--1--1,,1|(2141,1654)| 11,228,48,2110,1654,6,8,34,3,0,0,1,0,0,0 10,229,Change in Reference price,2110,1680,59,18,40,3,0,0,-1,0,0,0 1,230,13,229,1,0,0,0,0,64,0,-1--1--1,,1|(2155,1592)| 1,231,87,229,1,0,0,0,0,64,0,-1--1--1,,1|(2101,1740)| 10,232,initial price,1948,1530,49,10,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||128-128-128 1,233,232,18,0,0,0,0,0,64,1,-1--1--1,,1|(1947,1580)| 1,234,18,229,1,0,0,0,0,64,0,-1--1--1,,1|(2064,1713)| \\\---/// Sketch information - do not modify anything except names V300 Do not put anything below this section - it will be ignored *Investment in Exploration $192-192-192,0,Arial|12||0-0-0|0-0-0|0-0-255|-1--1--1|-1--1--1|96,96,75 10,1,ADJEGDMND Adjustment for Expected Growth in Demand,926,452,92,31,8,3,0,0,0,0,0,0 10,2,ADJTRRR Adjustment of Total Recoverable Resources Remaining,613,549,89,27,8,3,0,0,0,0,0,0 10,3,TAR Time to Adjust Reserves,394,492,51,27,8,3,0,0,0,0,0,0 10,4,RTRRP Required Total Recoverable Resources for Production,257,671,92,30,8,3,0,0,0,0,0,0 1,5,3,2,1,0,0,0,0,64,0,-1--1--1,,1|(484,490)| 1,6,4,2,1,0,43,0,0,64,0,-1--1--1,,1|(383,592)| 10,7,DNYE Desired Net Yield from Exploration,1085,554,61,27,8,3,0,0,0,0,0,0 10,8,DEIE Desired Effective Investment in Exploration,1318,558,79,27,8,3,0,0,0,0,0,0 10,9,IIE Indicated Investment in Exploration,1464,324,48,27,8,3,0,0,0,0,0,0 10,10,DD Development Delay,1266,195,79,18,8,3,0,0,0,0,0,0 10,11,IE Investment in Exploration,1708,579,52,19,8,3,0,0,0,0,0,0 10,12,PUCE Perceived Unit Cost of Exploration,1076,775,77,27,8,3,0,0,0,0,0,0 10,13,REQPRCE Required Price for Exploration,1270,914,81,35,8,3,0,0,0,0,0,0 10,14,EISDIE Effect of Substitution on Desired Investment in Exploration,1531,882,90,27,8,3,0,0,0,0,0,0 10,15,TPUCE Time to Perceive Unit Cost of Exploration,857,724,88,27,8,3,0,0,0,0,0,0 10,16,DGM Desired Gross Margin,1046,1017,77,27,8,3,0,2,0,0,0,0,0-0-0,0-0-0,|12||255-0-0 1,17,10,9,1,0,0,0,0,64,0,-1--1--1,,1|(1386,224)| 1,18,1,7,1,0,43,0,0,64,0,-1--1--1,,1|(1016,518)| 1,19,7,8,0,0,43,0,0,64,0,-1--1--1,,1|(1185,555)| 1,20,8,9,1,0,43,0,0,64,0,-1--1--1,,1|(1359,445)| 1,21,9,11,1,0,43,0,0,64,0,-1--1--1,,1|(1597,442)| 1,22,15,12,1,0,0,0,0,64,0,-1--1--1,,1|(931,749)| 1,23,12,8,1,0,43,0,0,64,0,-1--1--1,,1|(1180,671)| 1,24,12,13,1,0,43,0,0,64,0,-1--1--1,,1|(1167,825)| 1,25,13,14,1,0,43,0,0,64,0,-1--1--1,,1|(1399,859)| 1,26,16,13,1,0,43,0,0,64,0,-1--1--1,,1|(1086,987)| 10,27,TRRR Total Recoverable Resource Remaining,648,441,86,39,8,2,0,1,-1,0,0,0,128-128-128,0-0-0,|12||0-0-255 1,28,27,1,1,0,0,0,0,0,0,-1--1--1,,1|(812,411)| 10,29,TRRR Total Recoverable Resource Remaining,515,741,87,38,8,2,0,1,-1,0,0,0,128-128-128,0-0-0,|12||0-0-255 1,30,29,2,1,0,0,0,0,0,0,-1--1--1,,1|(554,628)| 10,31,REFRPR Reference Reserve Production Ratio,173,842,96,28,8,2,0,19,-1,0,0,0,128-128-128,0-0-0,|12|B|255-0-0 1,32,31,4,1,0,0,0,0,0,0,-1--1--1,,1|(170,767)| 10,33,UCE Unit Cost of Exploration,862,831,72,20,8,2,0,1,-1,0,0,0,128-128-128,0-0-0,|12||0-0-255 1,34,33,12,0,0,0,0,0,0,0,-1--1--1,,1|(959,805)| 10,35,Function for Effect of Substitution on Desired Investment in Exploration,1486,1051,90,27,8,3,0,0,0,0,0,0 1,36,35,14,0,0,0,0,0,64,0,-1--1--1,,1|(1506,973)| 1,37,14,11,0,0,0,0,0,64,0,-1--1--1,,1|(1617,732)| 10,38,EGDMND,841,326,38,10,8,3,0,0,0,0,0,0 1,39,38,1,1,0,0,0,0,64,0,-1--1--1,,1|(883,397)| 1,40,38,9,0,0,0,0,0,64,0,-1--1--1,,1|(1140,325)| 1,41,2,7,1,0,0,0,0,64,0,-1--1--1,,1|(856,550)| 10,42,NPDMND Natural Petroleum Demand,885,635,89,28,8,2,0,1,-1,0,0,0,0-0-255,0-0-0,|12||0-0-255 1,43,42,7,0,0,0,0,0,64,0,-1--1--1,,1|(982,595)| 10,44,NPDMND Natural Petroleum Demand,-27,775,85,24,8,2,0,1,-1,0,0,0,0-0-255,0-0-0,|12||0-0-255 1,45,44,4,1,0,0,0,0,64,0,-1--1--1,,1|(113,681)| 10,46,UCP Unit Cost of Production,989,896,68,18,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||128-128-128 1,47,46,13,0,0,0,0,0,64,0,-1--1--1,,1|(1116,903)| 10,48,TRND Trend Demand,673,321,51,18,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||128-128-128 1,49,48,38,0,0,0,0,0,64,0,-1--1--1,,1|(756,322)| 10,50,Price,1430,741,30,10,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||128-128-128 1,51,50,14,0,0,0,0,0,64,0,-1--1--1,,1|(1469,797)| \\\---/// Sketch information - do not modify anything except names V300 Do not put anything below this section - it will be ignored *Investment in Production $192-192-192,0,Times New Roman|12||0-0-0|0-0-0|0-0-255|-1--1--1|-1--1--1|96,96,75 10,1,REQPRCP Required Price for Production,581,342,68,19,8,3,0,0,0,0,0,0 10,2,EPIP Effect of Price on Investment in Production,791,386,79,19,8,3,0,0,0,0,0,0 10,3,IP Investment in Production,967,497,52,19,8,3,0,0,0,0,0,0 10,4,IIP Indicated Investment in Production,667,636,42,28,8,3,0,0,0,0,0,0 10,5,DPR Desired Production,449,700,43,19,8,3,0,0,0,0,0,0 1,6,1,2,1,0,43,0,2,64,0,-1--1--1,|12||0-0-0,1|(614,344)| 1,7,4,3,1,0,43,0,0,64,0,-1--1--1,,1|(818,612)| 1,8,5,4,1,0,43,0,0,64,0,-1--1--1,,1|(556,700)| 10,9,PPR Potential Production from Reserves,252,689,52,28,8,2,0,1,-1,0,0,0,128-128-128,0-0-0,|12||0-0-255 1,10,9,5,1,0,0,0,0,0,0,-1--1--1,,1|(391,690)| 10,11,Function for Effect of Price on Investment in Production,761,236,86,28,8,3,0,0,0,0,0,0 1,12,11,2,0,0,0,0,0,64,0,-1--1--1,,1|(775,308)| 1,13,2,3,0,0,0,0,0,64,0,-1--1--1,,1|(872,437)| 10,14,DGM Desired Gross Margin,419,264,46,19,8,3,0,2,-1,0,0,0,0-0-0,0-0-0,|12||255-0-0 1,15,14,1,1,0,0,0,0,64,0,-1--1--1,,1|(509,289)| 10,16,NPDMND Natural Petroleum Demand,249,776,67,19,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||128-128-128 1,17,16,5,0,0,0,0,0,64,0,-1--1--1,,1|(345,739)| 10,18,UCP Unit Cost of Production,460,429,58,19,8,3,0,0,-1,0,0,0 1,19,18,1,1,0,0,0,0,64,0,-1--1--1,,1|(494,373)| 10,20,PD Production Delay,1138,634,48,19,8,3,0,0,0,0,0,0 10,21,EIP Effective Investment in Production,1340,521,70,36,3,3,0,0,0,0,0,0 12,22,48,1082,513,10,8,0,3,0,0,-1,0,0,0 1,23,25,21,4,0,0,22,0,0,0,-1--1--1,,1|(1220,515)| 1,24,25,22,100,0,0,22,0,0,0,-1--1--1,,1|(1125,515)| 11,25,48,1165,515,6,8,34,3,0,0,1,0,0,0 10,26,Rate of Investment Production,1165,542,60,19,40,3,0,0,-1,0,0,0 1,27,20,26,1,0,0,0,0,64,0,-1--1--1,,1|(1155,581)| 1,28,21,26,1,0,0,0,0,64,0,-1--1--1,,1|(1283,501)| 10,29,NPDMND Natural Petroleum Demand,1212,400,67,19,8,2,0,3,-1,0,0,0,0-0-255,0-0-0,|12||92-92-92 1,30,29,21,0,0,0,0,0,64,1,-1--1--1,,1|(1261,447)| 10,31,PPR Potential Production from Reserves,1342,404,52,28,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||128-128-128 1,32,31,21,0,0,0,0,0,64,1,-1--1--1,,1|(1341,451)| 10,33,PIP Productivity of Investment in Production,1472,401,66,28,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||128-128-128 1,34,33,21,0,0,0,0,0,0,1,-1--1--1,,1|(1415,452)| 1,35,3,26,1,0,0,0,0,64,0,-1--1--1,,1|(1052,549)| 10,36,PIP Productivity of Investment in Production,392,530,79,19,8,3,0,0,-1,0,0,0 10,37,etpip effect of technology on productivity of investment in production,164,598,95,28,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||128-128-128 1,38,37,36,0,0,0,0,0,0,0,-1--1--1,,1|(285,561)| 10,39,REFPIP Reference Productivity of Investment in Production,154,469,90,28,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||128-128-128 1,40,39,36,0,0,0,0,0,0,0,-1--1--1,,1|(273,499)| 1,41,36,4,1,0,45,0,0,64,0,-1--1--1,,1|(555,552)| 10,42,Price,682,454,27,11,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||128-128-128 1,43,42,2,0,0,45,0,2,64,0,-1--1--1,|12||0-0-0,1|(723,427)| 1,44,36,18,1,0,0,0,0,0,0,-1--1--1,,1|(397,474)| 10,45,total investment,1468,638,49,11,8,3,0,0,0,0,0,0 10,46,Fraction of Investment in production over total investment,1351,728,79,28,8,3,0,0,0,0,0,0 1,47,45,46,0,0,0,0,0,64,0,-1--1--1,,1|(1426,670)| 10,48,EIE Effective Investment in Exploration,1510,520,47,28,8,2,0,1,-1,0,0,0,0-0-255,0-0-0,|12||0-0-255 1,49,48,45,0,0,0,0,0,64,0,-1--1--1,,1|(1488,580)| 1,50,21,45,0,0,0,0,0,64,0,-1--1--1,,1|(1411,587)| 1,51,21,46,0,0,0,0,0,64,0,-1--1--1,,1|(1344,621)| \\\---/// Sketch information - do not modify anything except names V300 Do not put anything below this section - it will be ignored *Exploration $192-192-192,0,Arial|12||0-0-0|0-0-0|0-0-255|-1--1--1|-1--1--1|96,96,75 10,1,PIE Productivity of Investment in Exploration,749,800,64,27,8,3,0,0,0,0,0,0 10,2,REFPIE Reference Productivity of Investment in Exploration,728,175,90,28,8,3,0,0,0,0,0,0 10,3,EDTPIE Effect of Technology and Depletion on Productivity of Investment in Exploration,543,714,126,32,8,3,0,0,0,0,0,0 10,4,TDRR Total Discoverable Resources Remaining,522,570,99,33,8,3,0,0,0,0,0,0 10,5,UR Undiscovered Resources,648,437,70,42,3,3,0,0,0,0,0,0 1,6,8,60,4,0,0,22,0,0,0,-1--1--1,,1|(907,439)| 1,7,8,5,100,0,0,22,0,0,0,-1--1--1,,1|(777,439)| 11,8,3804,843,439,6,8,34,3,0,0,1,0,0,0 10,9,AIR Addition to Identified Reserve,843,473,85,26,40,3,0,0,-1,0,0,0 10,10,PDR Potential Discovery Rate,954,699,65,30,8,3,0,0,0,0,0,0 10,11,ED Exploration Delay,876,1068,73,18,8,3,0,0,0,0,0,0 10,12,CUE Capacity Utilisation in Exploration,1115,613,74,29,8,3,0,0,0,0,0,0 1,13,1,10,1,0,43,0,0,64,0,-1--1--1,,1|(853,783)| 1,14,10,9,1,0,43,0,0,64,0,-1--1--1,,1|(939,567)| 1,15,10,12,1,0,45,0,0,64,0,-1--1--1,,1|(1051,704)| 1,16,4,3,1,0,43,0,0,64,0,-1--1--1,,1|(505,627)| 1,17,5,4,1,0,0,0,0,64,0,-1--1--1,,1|(555,485)| 10,18,RPIP Relative Productivity of Investment in Production,420,1066,79,39,8,3,0,0,0,0,0,0 10,19,REQPRCN Inital Value of REQPRC,222,1006,68,27,8,3,0,2,0,0,0,0,0-0-0,0-0-0,|12||255-0-0 10,20,DGM Desired Gross Margin,433,1180,85,22,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||0-0-255 10,21,FR Fraction Recoverable,1404,917,61,28,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||0-0-255 10,22,FD Fraction Discoverable,306,467,71,20,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||0-0-255 1,23,22,4,1,0,0,0,0,0,0,-1--1--1,,1|(419,484)| 10,24,CUMAIR Cumulative Additions to Identified Reserves,823,325,82,43,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||0-0-255 10,25,DNYE Desired Net Yield from Exploration,1247,999,90,33,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||0-0-255 10,26,EIE Effective Investment in Exploration,950,867,50,33,8,3,0,0,-1,0,0,0 1,27,26,10,1,0,0,0,0,0,0,-1--1--1,,1|(960,791)| 10,28,Function for Effect of Depletion on Productivity of Investment in Exploration,325,153,122,36,8,3,0,0,0,0,0,0 10,29,EDPIE Effect of Depletion on Productivity of Investment in Exploration,559,253,99,27,8,3,0,0,0,0,0,0 1,30,5,29,1,0,0,0,0,0,0,-1--1--1,,1|(574,352)| 10,31,Function for Effect of Technology and Depletion on Productivity of Investment in Exploration,277,771,125,36,8,3,0,0,0,0,0,0 1,32,11,26,1,0,0,0,0,0,0,-1--1--1,,1|(915,999)| 10,33,IE Investment in Exploration,1042,975,56,19,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||0-0-255 1,34,33,26,1,0,0,0,0,0,0,-1--1--1,,1|(1016,938)| 10,35,Function for Capacity Utilisation in Exploration,1336,564,92,27,8,3,0,0,0,0,0,0 10,36,maxpien Maximum Productivity of Investment in Exploration Initial,612,969,103,34,3,3,0,0,0,0,0,0 1,37,36,1,1,0,0,0,0,64,0,-1--1--1,,1|(695,900)| 10,38,DGYE Desired Gross Yield from Exploration,1274,802,89,30,8,3,0,0,0,0,0,0 1,39,38,12,1,0,0,0,0,64,0,-1--1--1,,1|(1245,687)| 1,40,25,38,1,0,0,0,0,64,0,-1--1--1,,1|(1282,891)| 1,41,21,38,1,0,0,0,0,64,0,-1--1--1,,1|(1357,861)| 1,42,24,5,1,0,0,0,0,0,1,-1--1--1,,1|(697,343)| 1,43,20,36,1,0,0,0,0,0,1,-1--1--1,,1|(549,1016)| 1,44,19,36,1,0,0,0,0,0,1,-1--1--1,,1|(373,956)| 1,45,18,36,1,0,0,0,0,0,1,-1--1--1,,1|(481,1006)| 1,46,31,3,1,0,0,0,0,64,0,-1--1--1,,1|(461,751)| 1,47,3,36,1,0,0,0,0,64,1,-1--1--1,,1|(552,845)| 1,48,28,29,0,0,0,0,0,64,0,-1--1--1,,1|(445,204)| 1,49,29,2,1,0,0,0,0,64,0,-1--1--1,,1|(598,197)| 1,50,35,12,0,0,0,0,0,64,0,-1--1--1,,1|(1223,588)| 1,51,12,9,1,0,0,0,0,64,0,-1--1--1,,1|(1040,534)| 1,52,3,1,1,0,0,0,0,64,0,-1--1--1,,1|(618,786)| 10,53,etpip effect of technology on productivity of investment in production,608,1099,95,28,8,2,0,3,-1,0,0,0,0-0-255,0-0-0,|12||0-0-255 1,54,53,36,0,0,0,0,0,0,1,-1--1--1,,1|(608,1043)| 10,55,effective URR,1743,239,50,10,8,3,0,0,0,0,0,0 10,56,FR Fraction Recoverable,1591,142,75,25,8,2,0,3,-1,0,0,0,0-0-255,0-0-0,|12||0-0-255 10,57,FD Fraction Discoverable,1581,344,61,18,8,2,0,3,-1,0,0,0,0-0-255,0-0-0,|12||0-0-255 1,58,57,55,0,0,0,0,0,64,0,-1--1--1,,1|(1661,291)| 1,59,56,55,0,0,0,0,0,64,0,-1--1--1,,1|(1672,193)| 10,60,IR Identified Reserve,1033,441,67,45,3,3,0,0,-1,0,0,0 10,61,CUMPR Cumulative Production,970,85,45,27,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||128-128-128 1,62,61,60,0,0,0,0,0,0,1,-1--1--1,,1|(998,247)| 10,63,FR Fraction Recoverable,1200,120,52,18,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||128-128-128 1,64,63,60,0,0,0,0,0,0,1,-1--1--1,,1|(1126,260)| 10,65,NPDMND Natural Petroleum Demand,1065,163,76,18,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||128-128-128 1,66,65,60,0,0,0,0,0,0,1,-1--1--1,,1|(1051,281)| 10,67,REFRPR Reference Reserve Production Ratio,1201,269,79,27,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||128-128-128 1,68,67,60,0,0,0,0,0,0,1,-1--1--1,,1|(1130,341)| 10,69,FR Fraction Recoverable,291,1092,52,18,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||128-128-128 1,70,69,36,1,0,0,0,3,64,1,160-160-160,|12||0-0-0,1|(408,1007)| 10,71,EDPIE Effect of Depletion on Productivity of Investment in Exploration,165,921,103,27,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||128-128-128 1,72,71,36,1,0,0,0,0,64,1,-1--1--1,,1|(370,913)| 12,73,48,1338,440,10,8,0,3,0,0,-1,0,0,0 1,74,76,73,4,0,0,22,0,0,0,-1--1--1,,1|(1271,440)| 1,75,76,60,100,0,0,22,0,0,0,-1--1--1,,1|(1151,440)| 11,76,48,1208,440,6,8,34,3,0,0,1,0,0,0 10,77,PR Production,1208,466,45,18,40,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||128-128-128 10,78,TR Total Resource,325,615,36,18,8,3,0,2,0,0,0,0,0-0-0,0-0-0,|12||255-0-0 1,79,78,3,1,0,0,0,0,64,0,-1--1--1,,1|(378,662)| 1,80,78,4,1,0,0,0,0,64,0,-1--1--1,,1|(383,582)| 10,81,maxpien Maximum Productivity of Investment in Exploration Initial,591,71,100,27,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||128-128-128 1,82,81,2,1,0,0,0,0,64,0,-1--1--1,,1|(688,137)| 10,83,TR Total Resource,1531,235,41,18,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||255-0-0 1,84,83,55,0,0,0,0,0,64,0,-1--1--1,,1|(1625,236)| 10,85,TR Total Resource,485,360,41,18,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||255-0-0 1,86,85,29,0,0,0,0,0,64,0,-1--1--1,,1|(514,316)| 1,87,85,5,0,0,0,0,0,64,1,-1--1--1,,1|(544,387)| \\\---/// Sketch information - do not modify anything except names V300 Do not put anything below this section - it will be ignored *Production $192-192-192,0,Arial|12||0-0-0|0-0-0|0-0-255|-1--1--1|-1--1--1|96,96,75 10,1,PPI Potential Production from Investment,784,742,63,31,8,3,0,0,0,0,0,0 10,2,REFPIP Reference Productivity of Investment in Production,730,953,92,27,8,3,0,0,0,0,0,0 10,3,PIP Productivity of Investment in Production,482,692,67,27,8,3,0,0,0,0,0,0 10,4,etpip effect of technology on productivity of investment in production,426,516,98,26,8,3,0,0,0,0,0,0 10,5,PPR Potential Production from Reserves,1167,592,52,28,8,3,0,0,0,0,0,0 10,6,CUMAIR Cumulative Additions to Identified Reserves,1133,375,84,26,8,3,0,0,0,0,0,0 10,7,CUP Capacity Utilisation in Production,770,404,71,29,8,3,0,0,0,0,0,0 10,8,PP Potential Production,980,506,54,24,8,3,0,0,0,0,0,0 10,9,IRPR Identified Reserve Production Ratio,1258,913,68,27,8,3,0,0,0,0,0,0 10,10,APR Average Production,1501,847,47,30,8,3,0,0,0,0,0,0 10,11,TAP Time to Average Production,1530,995,55,27,8,3,0,0,0,0,0,0 10,12,IR Identified Reserve,657,269,55,29,3,3,0,0,0,0,0,0 1,13,74,12,4,0,0,22,0,0,0,-1--1--1,,1|(539,265)| 1,14,74,66,100,0,0,22,0,0,0,-1--1--1,,1|(400,265)| 10,15,CUMPR Cumulative Production,1124,266,57,28,3,3,0,0,0,0,0,0 1,16,3,1,1,0,0,0,0,64,0,-1--1--1,,1|(630,747)| 1,17,9,2,1,0,0,2,2,64,0,-1--1--1,|12||0-0-0,1|(1052,1001)| 1,18,2,3,1,0,0,0,0,64,0,-1--1--1,,1|(570,855)| 1,19,5,8,1,0,0,0,0,64,0,-1--1--1,,1|(1056,574)| 1,20,8,7,1,0,0,0,0,64,0,-1--1--1,,1|(861,496)| 1,21,12,6,1,0,0,0,0,64,0,-1--1--1,,1|(1000,315)| 1,22,12,4,1,0,0,0,0,64,0,-1--1--1,,1|(465,419)| 1,23,10,9,1,0,0,0,0,64,0,-1--1--1,,1|(1398,905)| 1,24,11,10,1,0,0,0,0,64,0,-1--1--1,,1|(1555,913)| 1,25,15,6,1,0,0,0,0,64,0,-1--1--1,,1|(1141,310)| 10,26,TRRR Total Recoverable Resource Remaining,1268,474,82,28,8,3,0,0,0,0,0,0 1,27,26,5,1,0,0,0,0,64,0,-1--1--1,,1|(1251,544)| 1,28,26,9,1,0,0,0,0,64,0,-1--1--1,,1|(1323,699)| 1,29,6,26,1,0,0,0,0,64,0,-1--1--1,,1|(1203,412)| 1,30,15,26,1,0,0,0,0,64,0,-1--1--1,,1|(1258,326)| 10,31,REFRPR Reference Reserve Production Ratio,1190,713,122,28,8,3,0,2,0,0,0,0,0-0-0,0-0-0,|12||0-128-0 1,32,31,5,0,0,0,0,0,64,0,-1--1--1,,1|(1179,659)| 1,33,35,15,4,0,0,22,0,0,0,-1--1--1,,1|(987,258)| 1,34,35,12,100,0,0,22,0,0,0,-1--1--1,,1|(803,258)| 11,35,5484,901,258,6,8,34,3,0,0,3,0,0,0 10,36,PR Production,901,240,56,10,40,3,0,0,0,0,0,0 1,37,36,10,1,0,0,0,0,64,0,-1--1--1,,1|(1229,163)| 1,38,8,36,1,0,0,0,0,64,0,-1--1--1,,1|(901,379)| 10,39,REFPIPf Reference Productivity of Investment in Production function,689,1056,91,27,8,3,0,0,0,0,0,0 1,40,39,2,1,0,0,0,0,64,0,-1--1--1,,1|(719,1040)| 10,41,FR Fraction Recoverable,1441,619,63,19,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||0-0-255 1,42,41,26,1,0,0,0,0,0,0,-1--1--1,,1|(1418,564)| 10,43,REFPIE Reference Productivity of Investment in Exploration,439,1105,107,28,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||0-0-255 1,44,43,39,1,0,0,0,0,0,0,-1--1--1,,1|(569,1089)| 10,45,RPIP Relative Productivity of Investment in Production,448,992,124,28,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||0-0-255 1,46,45,39,1,0,0,0,0,0,0,-1--1--1,,1|(517,1026)| 10,47,Function for Effect of technology on productivity of investment in production,269,386,119,36,8,3,0,0,0,0,0,0 10,48,Function for Capacity Utilisation in Production,769,570,87,29,8,3,0,18,0,0,0,0,0-0-0,0-0-0,|12|B|0-128-0 10,49,eipp effect of investment on potential production,974,685,83,27,8,3,0,0,0,0,0,0 10,50,Function for Effect of Investment on Potential Production,1090,819,102,27,8,3,0,0,0,0,0,0 1,51,1,49,1,0,0,0,0,0,0,-1--1--1,,1|(860,723)| 1,52,5,49,1,0,0,0,0,0,0,-1--1--1,,1|(1091,643)| 1,53,4,3,1,0,0,0,0,64,0,-1--1--1,,1|(445,610)| 1,54,47,4,0,0,0,0,0,64,0,-1--1--1,,1|(347,451)| 1,55,48,7,1,0,0,0,0,64,0,-1--1--1,,1|(727,514)| 1,56,7,36,1,0,0,0,0,64,0,-1--1--1,,1|(813,313)| 1,57,50,49,0,0,0,0,0,64,0,-1--1--1,,1|(1036,757)| 1,58,49,8,1,0,0,0,0,64,0,-1--1--1,,1|(995,579)| 10,59,absolute fraction recoverable,1434,394,60,18,8,3,0,0,0,0,0,0 1,60,26,59,1,0,0,0,0,64,0,-1--1--1,,1|(1375,440)| 1,61,15,59,1,0,0,0,0,64,0,-1--1--1,,1|(1291,285)| 10,62,NPDMND Natural Petroleum Demand,599,425,77,21,8,2,0,3,-1,0,0,0,0-0-255,0-0-0,|12||0-0-255 1,63,62,7,1,0,0,0,0,64,0,-1--1--1,,1|(676,419)| 10,64,NPDMND Natural Petroleum Demand,782,140,84,23,8,2,0,3,-1,0,0,0,0-0-255,0-0-0,|12||0-0-255 1,65,64,12,0,0,0,0,0,64,1,-1--1--1,,1|(727,196)| 10,66,UR Undiscovered Resources,284,260,52,31,3,3,0,0,-1,0,0,0 1,67,66,66,1,0,0,0,0,0,0,-1--1--1,,1|(284,260)| 10,68,TR Total Resource,356,138,41,18,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||128-128-128 1,69,68,66,0,0,0,0,0,0,1,-1--1--1,,1|(327,186)| 10,70,TR Total Resource,1479,502,41,18,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||128-128-128 1,71,70,59,0,0,0,0,0,0,0,-1--1--1,,1|(1459,454)| 10,72,AIR Addition to Identified Reserve,961,395,71,18,8,2,1,3,-1,0,0,0,128-128-128,0-0-0,|12||128-128-128 10,73,AIR Addition to Identified Reserve,960,208,71,18,8,2,1,3,-1,0,0,0,128-128-128,0-0-0,|12||128-128-128 11,74,3852,471,265,6,8,34,3,0,0,1,0,0,0 10,75,AIR Addition to Identified Reserve,471,295,73,22,40,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||0-0-255 10,76,REFRPR Reference Reserve Production Ratio,560,128,79,27,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||128-128-128 1,77,76,12,0,0,0,0,0,64,1,-1--1--1,,1|(603,191)| 10,78,CUMAIR Cumulative Additions to Identified Reserves,195,167,80,27,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||128-128-128 1,79,78,66,0,0,0,0,0,64,1,-1--1--1,,1|(232,206)| 10,80,FR Fraction Recoverable,726,79,52,18,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||128-128-128 1,81,80,12,0,0,0,0,0,64,1,-1--1--1,,1|(695,161)| 10,82,TRRR Total Recoverable Resource Remaining,188,496,84,27,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||128-128-128 1,83,82,4,0,0,0,0,0,64,0,-1--1--1,,1|(293,504)| 10,84,CUMPR Cumulative Production,640,71,45,27,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||128-128-128 1,85,84,12,0,0,0,0,0,64,1,-1--1--1,,1|(647,161)| 10,86,EIP Effective Investment in Production,440,838,52,27,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||128-128-128 1,87,86,1,1,0,0,0,0,64,0,-1--1--1,,1|(615,819)| 10,88,CumProd1870,1131,98,54,10,8,3,0,2,-1,0,0,0,0-0-0,0-0-0,|12||255-0-0 1,89,88,15,0,0,0,0,0,64,1,-1--1--1,,1|(1128,166)| 12,90,0,954,889,54,54,6,4,0,4,-1,0,0,0,-1--1--1,255-160-0,|12||0-0-0 check table function slope \\\---/// Sketch information - do not modify anything except names V300 Do not put anything below this section - it will be ignored *Technology $192-192-192,0,Arial|12||0-0-0|0-0-0|0-0-255|-1--1--1|-1--1--1|96,96,5 10,1,FRIT Fraction of Revenue Invested in Technology,120,401,94,27,8,3,0,0,0,0,0,0 10,2,IT Investment in Technology,249,289,54,18,8,3,0,0,0,0,0,0 10,3,FIET Fraction of Investment in Exploration Technolgy,528,290,99,25,8,3,0,0,0,0,0,0 10,4,IET Investment in Exploration Technology,513,107,59,27,8,3,0,0,0,0,0,0 10,5,RPET Rate of Progress in Exploration Technology,857,33,84,25,8,3,0,0,0,0,0,0 10,6,EIDT Effect of Investment in Discovery Technology,616,-19,107,27,8,3,0,0,0,0,0,0 10,7,DTET Development Time for Discovery Technology,1273,18,89,27,8,3,0,0,0,0,0,0 10,8,MAXFD Maximum Fraction Discoverable,877,313,72,27,8,3,0,0,0,0,0,0 10,9,MINFD Minimum Fraction Discoverable,1250,311,66,27,8,3,0,0,0,0,0,0 10,10,CUMPET Cumulative Progress in Exploration Technology,1075,238,79,34,3,3,0,0,0,0,0,0 10,11,FD Fraction Discoverable,1042,365,77,31,8,3,0,0,0,0,0,0 1,12,1,2,1,0,0,0,0,64,0,-1--1--1,,1|(163,328)| 1,13,2,4,1,0,0,0,0,64,0,-1--1--1,,1|(336,145)| 1,14,3,4,1,0,0,0,0,64,0,-1--1--1,,1|(468,202)| 1,15,8,11,1,0,0,0,0,64,0,-1--1--1,,1|(972,362)| 1,16,9,11,1,0,0,0,0,64,0,-1--1--1,,1|(1176,343)| 1,17,6,5,1,0,0,0,0,64,0,-1--1--1,,1|(770,-23)| 1,18,4,5,1,0,0,0,0,64,0,-1--1--1,,1|(656,41)| 1,19,10,11,1,0,0,0,0,64,0,-1--1--1,,1|(1079,306)| 10,20,IRT Investment in Recovery Technology,504,491,78,29,8,3,0,0,0,0,0,0 10,21,RPRT Rate of Progress in Recovery Technology,760,589,90,38,8,3,0,0,0,0,0,0 10,22,EIRT Effect of Investment in Recovery Technology,562,705,105,27,8,3,0,0,0,0,0,0 10,23,DTRT Development Time for Recovery Technology,1274,461,87,27,8,3,0,0,0,0,0,0 10,24,CUMPRT Cumulative Progress in Recovery Technology,1074,689,101,35,3,3,0,0,0,0,0,0 10,25,FR Fraction Recoverable,1023,823,64,21,8,3,0,0,0,0,0,0 10,26,MINFR Minimum Fraction Recoverable,1261,775,64,27,8,3,0,0,0,0,0,0 10,27,MAXFR Maximum Fraction Recoverable,803,804,71,27,8,3,0,0,0,0,0,0 1,28,2,20,1,0,0,0,0,64,0,-1--1--1,,1|(275,372)| 1,29,3,20,1,0,0,0,0,64,0,-1--1--1,,1|(472,356)| 1,30,20,21,1,0,0,0,0,64,0,-1--1--1,,1|(600,561)| 1,31,22,21,1,0,0,0,0,64,0,-1--1--1,,1|(678,658)| 1,32,24,25,1,0,0,0,0,64,0,-1--1--1,,1|(1065,758)| 1,33,26,25,1,0,0,0,0,64,0,-1--1--1,,1|(1145,792)| 1,34,27,25,1,0,0,0,0,64,0,-1--1--1,,1|(907,818)| 12,35,48,1075,93,10,8,0,3,0,0,-1,0,0,0 1,36,38,10,4,0,0,22,0,0,0,-1--1--1,,1|(1075,177)| 1,37,38,35,100,0,0,22,0,0,0,-1--1--1,,1|(1075,120)| 11,38,48,1075,145,8,6,33,3,0,0,4,0,0,0 10,39,CUMPETRC Cumulative Progress in Exploration Technology Rate of Change,1195,145,112,26,40,3,0,0,-1,0,0,0 1,40,5,39,1,0,0,0,0,64,0,-1--1--1,,1|(1035,6)| 1,41,7,39,1,0,0,0,0,64,0,-1--1--1,,1|(1272,54)| 12,42,48,1072,513,10,8,0,3,0,0,-1,0,0,0 1,43,45,24,4,0,0,22,0,0,0,-1--1--1,,1|(1072,619)| 1,44,45,42,100,0,0,22,0,0,0,-1--1--1,,1|(1072,546)| 11,45,48,1072,578,8,6,33,3,0,0,4,0,0,0 10,46,CUMPRTRC Cumulative Progress in Recovery Technology Rate of Change,1189,578,109,34,40,3,0,0,-1,0,0,0 1,47,21,46,1,0,0,0,0,64,0,-1--1--1,,1|(943,624)| 1,48,23,46,1,0,0,0,0,64,0,-1--1--1,,1|(1232,512)| 10,49,REV Revenue,103,235,59,11,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||0-0-255 1,50,49,2,1,0,0,0,0,0,0,-1--1--1,,1|(152,269)| 10,51,FIET Fraction of Investment in Exploration Technolgy table,709,179,123,30,8,3,0,0,0,0,0,0 10,52,FIET Fraction of Investment in Exploration Technolgy function,756,410,90,27,8,3,0,0,0,0,0,0 1,53,11,52,1,0,0,0,0,0,0,-1--1--1,,1|(915,409)| 1,54,52,3,1,0,0,0,0,64,0,-1--1--1,,1|(614,376)| 1,55,51,3,1,0,0,0,0,64,0,-1--1--1,,1|(658,231)| \\\---/// Sketch information - do not modify anything except names V300 Do not put anything below this section - it will be ignored *Revenue, Price and Cost $192-192-192,0,Arial|12||0-0-0|0-0-0|0-0-255|-1--1--1|-1--1--1|96,96,75 10,1,REV Revenue,1473,245,68,14,8,3,0,0,0,0,0,0 10,2,UCE Unit Cost of Exploration,1466,45,60,17,8,3,0,0,0,0,0,0 10,3,FR Fraction Recoverable,1282,-15,54,25,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||0-0-255 1,4,3,2,0,0,0,0,0,0,0,-1--1--1,,1|(1367,12)| 10,5,PIE Productivity of Investment in Exploration,1293,104,97,21,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||0-0-255 1,6,5,2,0,0,0,0,0,0,0,-1--1--1,,1|(1378,74)| 10,7,initial price,688,626,53,10,8,3,0,2,0,0,0,0,0-0-0,0-0-0,|12||255-0-0 10,8,PR Production,269,258,85,26,8,2,0,3,-1,0,0,0,0-0-255,0-0-0,|12||0-0-255 10,9,PP Potential Production,278,71,62,32,8,2,0,3,-1,0,0,0,0-0-255,0-0-0,|12||0-0-255 10,10,demand potential supply ratio,489,222,64,18,8,3,0,0,0,0,0,0 10,11,TRND Trend Demand,552,110,75,18,8,2,0,3,-1,0,0,0,0-0-255,0-0-0,|12||0-0-255 10,12,elasticity of price to demand potential supply ratio,1044,319,100,27,8,3,0,0,0,0,0,0 1,13,9,10,1,0,0,0,0,64,0,-1--1--1,,1|(411,99)| 1,14,11,10,1,0,0,0,0,64,0,-1--1--1,,1|(530,164)| 10,15,NPDMND Natural Petroleum Demand,500,374,88,28,8,2,0,3,-1,0,0,0,0-0-255,0-0-0,|12||0-0-255 1,16,15,10,0,0,0,0,0,64,0,-1--1--1,,1|(494,299)| 10,17,demand supply ratio,424,499,56,18,8,3,0,0,0,0,0,0 1,18,15,17,1,0,0,0,0,64,0,-1--1--1,,1|(467,438)| 1,19,8,17,1,0,0,0,0,64,0,-1--1--1,,1|(371,325)| 10,20,elasticity of price to demand supply ratio,933,591,87,27,8,3,0,0,0,0,0,0 10,21,Potential Production Trend,258,172,68,18,8,2,17,3,-1,0,0,0,128-128-128,0-0-0,|12||128-128-128 1,22,21,10,0,17,0,0,0,0,0,-1--1--1,,1|(368,195)| 10,23,Expected Price,690,727,52,34,3,3,0,0,0,0,0,0 12,24,48,357,725,10,8,0,3,0,0,-1,0,0,0 1,25,27,23,4,0,0,22,0,0,0,-1--1--1,,1|(561,725)| 1,26,27,24,100,0,0,22,0,0,0,-1--1--1,,1|(420,725)| 11,27,48,479,725,6,8,34,3,0,0,1,0,0,0 10,28,Change in Expected Price,479,751,57,18,40,3,0,0,-1,0,0,0 10,29,Indicated Price,484,898,54,10,8,3,0,0,0,0,0,0 10,30,Time to change expected Price,525,647,57,18,8,3,0,0,0,0,0,0 1,31,30,28,1,0,0,0,0,64,0,-1--1--1,,1|(495,687)| 10,32,Minimum Price,309,874,54,10,8,3,0,0,0,0,0,0 10,33,Price,760,882,21,10,8,3,0,0,0,0,0,0 1,34,23,33,1,0,0,0,0,64,0,-1--1--1,,1|(777,797)| 10,35,Effect of Demand supply ratio on Price,872,701,74,18,8,3,0,0,0,0,0,0 1,36,17,35,1,0,0,0,0,64,0,-1--1--1,,1|(752,561)| 1,37,35,33,1,0,0,0,0,64,0,-1--1--1,,1|(850,797)| 1,38,20,35,0,0,0,0,0,64,0,-1--1--1,,1|(903,644)| 10,39,Effect of demand potential supply ratio on price,939,463,75,27,8,3,0,0,0,0,0,0 1,40,10,39,1,0,0,0,0,64,0,-1--1--1,,1|(795,309)| 1,41,12,39,1,0,0,0,0,64,0,-1--1--1,,1|(1031,386)| 1,42,39,33,1,0,0,0,0,64,0,-1--1--1,,1|(1031,733)| 1,43,33,29,1,0,0,0,0,64,0,-1--1--1,,1|(629,941)| 1,44,32,29,0,0,0,0,0,64,0,-1--1--1,,1|(389,884)| 1,45,29,28,1,0,0,0,0,64,0,-1--1--1,,1|(459,832)| 1,46,23,28,1,0,0,0,0,64,0,-1--1--1,,1|(595,787)| 10,47,Reference demand supply Ratio,745,471,56,27,8,3,0,0,0,0,0,0 10,48,Reference demand potential supply ratio,860,263,75,18,8,3,0,0,0,0,0,0 1,49,48,39,1,0,0,0,0,64,0,-1--1--1,,1|(919,349)| 1,50,47,35,1,0,0,0,0,64,0,-1--1--1,,1|(824,566)| 1,51,7,23,0,0,0,0,0,0,1,-1--1--1,,1|(688,657)| 10,52,PR Production,1277,209,45,18,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||128-128-128 1,53,52,1,0,0,0,0,0,64,0,-1--1--1,,1|(1356,223)| 10,54,UCP Unit Cost of Production,239,796,63,18,8,3,0,0,-1,0,0,0 10,55,PIP Productivity of Investment in Production,199,678,71,27,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||128-128-128 1,56,55,54,0,0,0,0,0,64,0,-1--1--1,,1|(217,734)| 1,57,54,32,0,0,0,0,0,64,0,-1--1--1,,1|(272,833)| 10,58,Maximum Price,362,956,56,10,8,3,0,0,0,0,0,0 10,59,Maximum Price Multiplier,288,1020,57,18,8,3,0,0,0,0,0,0 1,60,58,29,1,0,0,0,0,64,0,-1--1--1,,1|(450,944)| 10,61,Price,1270,295,30,10,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||128-128-128 1,62,61,1,1,0,0,0,0,64,0,-1--1--1,,1|(1356,297)| 1,63,59,58,0,0,0,0,0,64,0,-1--1--1,,1|(323,988)| 1,64,32,58,1,0,0,0,0,64,0,-1--1--1,,1|(317,926)| 12,65,0,428,1111,114,114,6,4,0,4,-1,0,0,0,0-0-0,255-160-0,|12||0-0-0 Note- This formulation for maximum price doesn't seem to work because it keeps the price for too low compared to actual historical data. Either that or unit costs fall too much. \\\---/// Sketch information - do not modify anything except names V300 Do not put anything below this section - it will be ignored *Demand and Production Trends $192-192-192,0,Times New Roman|12||0-0-0|0-0-0|0-0-255|-1--1--1|-1--1--1|96,96,75 10,1,TRND Trend Demand,917,206,52,33,3,3,0,0,0,0,0,0 10,2,TPT Time to Perceive Trend,734,128,49,19,8,3,0,0,0,0,0,0 10,3,PPC Perceived precent condition,360,370,59,25,3,3,0,0,0,0,0,0 12,4,48,108,372,10,8,0,3,0,0,-1,0,0,0 1,5,7,3,4,0,0,22,0,0,0,-1--1--1,,1|(258,372)| 1,6,7,4,100,0,0,22,0,0,0,-1--1--1,,1|(161,372)| 11,7,48,210,372,6,8,34,3,0,0,1,0,0,0 10,8,A,210,391,8,11,40,3,0,0,-1,0,0,0 12,9,48,701,194,10,8,0,3,0,0,-1,0,0,0 1,10,12,1,4,0,0,22,0,0,0,-1--1--1,,1|(830,194)| 1,11,12,9,100,0,0,22,0,0,0,-1--1--1,,1|(747,194)| 11,12,48,790,194,6,8,34,3,0,0,1,0,0,0 10,13,B,790,213,7,11,40,3,0,0,-1,0,0,0 10,14,RTRND Reference Trend,655,278,54,19,8,3,0,0,0,0,0,0 1,15,14,13,1,0,0,0,0,64,0,-1--1--1,,1|(736,252)| 1,16,2,13,1,0,0,0,0,64,0,-1--1--1,,1|(736,188)| 1,17,1,13,1,0,0,0,0,64,0,-1--1--1,,1|(836,222)| 10,18,TPPC Time to Perceive Perceived Present condition,181,277,76,28,8,3,0,0,0,0,0,0 1,19,18,8,1,0,0,0,0,64,0,-1--1--1,,1|(168,318)| 1,20,3,8,1,0,0,0,0,64,0,-1--1--1,,1|(266,400)| 10,21,TERC,474,264,22,11,8,3,0,0,0,0,0,0 10,22,RC Reference Condition,481,185,54,25,3,3,0,0,0,0,0,0 12,23,48,259,191,10,8,0,3,0,0,-1,0,0,0 1,24,26,22,4,0,0,22,0,0,0,-1--1--1,,1|(390,191)| 1,25,26,23,100,0,0,22,0,0,0,-1--1--1,,1|(305,191)| 11,26,48,348,191,6,8,34,3,0,0,1,0,0,0 10,27,C,348,209,8,11,40,3,0,0,-1,0,0,0 1,28,3,27,1,0,0,0,0,64,0,-1--1--1,,1|(336,303)| 1,29,22,27,1,0,0,0,0,64,0,-1--1--1,,1|(398,232)| 1,30,21,27,1,0,0,0,0,64,0,-1--1--1,,1|(406,258)| 1,31,3,14,1,0,0,0,0,64,0,-1--1--1,,1|(519,363)| 1,32,22,14,1,0,0,0,0,64,0,-1--1--1,,1|(534,219)| 1,33,21,14,1,0,0,0,0,64,0,-1--1--1,,1|(537,283)| 10,34,ITD Initial Trend Demand,535,80,54,19,8,3,0,0,-1,0,0,0 1,35,18,3,1,0,0,0,0,0,1,-1--1--1,,1|(259,334)| 1,36,21,22,0,0,0,0,0,0,1,-1--1--1,,1|(475,238)| 1,37,34,22,1,0,0,0,0,0,1,-1--1--1,,1|(494,146)| 10,38,NPDMND Natural Petroleum Demand,119,456,67,19,8,2,0,3,-1,0,0,0,0-0-255,0-0-0,|12||0-0-255 1,39,38,8,0,0,0,0,0,64,0,-1--1--1,,1|(167,420)| 1,40,38,3,1,0,0,0,0,64,1,-1--1--1,,1|(240,440)| 10,41,ITD Initial Trend Demand,356,459,58,19,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||128-128-128 1,42,41,3,0,0,0,0,3,64,1,160-160-160,|12||0-0-0,1|(356,424)| 10,43,PPC Perceived precent condition,393,89,60,19,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||128-128-128 1,44,43,22,0,0,0,0,0,64,1,-1--1--1,,1|(429,128)| 10,45,ITD Initial Trend Demand,945,93,58,19,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||128-128-128 1,46,45,1,0,0,0,0,0,64,1,-1--1--1,,1|(934,135)| 10,47,TERC,102,196,31,11,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||128-128-128 1,48,47,18,1,0,0,0,0,64,0,-1--1--1,,1|(110,244)| 10,49,Potential Production Trend,1013,711,67,30,3,3,0,0,0,0,0,0 10,50,Potential Production Perceived present condition,415,844,72,30,3,3,0,0,0,0,0,0 12,51,48,153,847,10,8,0,3,0,0,-1,0,0,0 1,52,54,50,4,0,0,22,0,0,0,-1--1--1,,1|(294,846)| 1,53,54,51,100,0,0,22,0,0,0,-1--1--1,,1|(198,846)| 11,54,48,240,846,6,8,34,3,0,0,1,0,0,0 10,55,Potential Production A,240,876,43,19,40,3,0,0,-1,0,0,0 12,56,48,748,711,10,8,0,3,0,0,-1,0,0,0 1,57,59,49,4,0,0,22,0,0,0,-1--1--1,,1|(908,709)| 1,58,59,56,100,0,0,22,0,0,0,-1--1--1,,1|(808,709)| 11,59,48,865,709,6,8,34,3,0,0,1,0,0,0 10,60,Potential Production B,865,745,43,19,40,3,0,0,-1,0,0,0 10,61,Potential Production Reference Trend,788,838,65,19,8,3,0,0,0,0,0,0 1,62,61,60,1,0,0,0,0,64,0,-1--1--1,,1|(787,802)| 1,63,49,60,1,0,0,0,0,64,0,-1--1--1,,1|(896,761)| 1,64,50,55,1,0,0,0,0,64,0,-1--1--1,,1|(313,878)| 10,65,Potential Production Reference Condition,578,702,79,34,3,3,0,0,0,0,0,0 12,66,48,277,699,10,8,0,3,0,0,-1,0,0,0 1,67,69,65,4,0,0,22,0,0,0,-1--1--1,,1|(444,699)| 1,68,69,66,100,0,0,22,0,0,0,-1--1--1,,1|(332,699)| 11,69,48,383,699,6,8,34,3,0,0,1,0,0,0 10,70,Potential Production C,383,731,43,19,40,3,0,0,-1,0,0,0 1,71,50,70,1,0,0,0,0,64,0,-1--1--1,,1|(366,746)| 1,72,65,70,1,0,0,0,0,64,0,-1--1--1,,1|(458,745)| 1,73,50,61,1,0,0,0,0,64,0,-1--1--1,,1|(655,863)| 1,74,65,61,1,0,0,0,0,64,0,-1--1--1,,1|(671,783)| 10,75,Initial Trend Potential Production,415,956,68,19,8,3,0,0,-1,0,0,0 1,76,75,50,1,0,0,0,0,0,1,-1--1--1,,1|(423,904)| 1,77,50,65,1,0,0,0,0,0,1,-1--1--1,,1|(497,785)| 10,78,Time to Perceive Trend,765,648,54,19,8,3,0,0,-1,0,0,0 1,79,78,60,0,0,0,0,0,64,0,-1--1--1,,1|(809,691)| 10,80,Time to Perceive Perceived Present condition,206,775,58,28,8,3,0,0,-1,0,0,0 1,81,80,55,1,0,0,0,0,64,0,-1--1--1,,1|(195,812)| 1,82,80,50,0,0,0,0,0,64,1,-1--1--1,,1|(296,804)| 10,83,TERC,622,812,31,11,8,2,0,3,-1,0,0,0,0-0-255,0-0-0,|12||0-0-255 1,84,83,61,0,0,0,0,0,64,0,-1--1--1,,1|(681,820)| 1,85,83,65,0,0,0,0,0,64,1,-1--1--1,,1|(607,774)| 10,86,Initial Trend Potential Production,1017,607,69,19,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||128-128-128 1,87,86,49,0,0,0,0,0,64,1,-1--1--1,,1|(1015,646)| 10,88,Initial Trend Potential Production,457,586,69,19,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||128-128-128 1,89,88,65,0,0,0,0,0,64,1,-1--1--1,,1|(503,631)| 10,90,TERC,313,631,31,11,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||128-128-128 1,91,90,70,0,0,0,0,0,64,0,-1--1--1,,1|(340,671)| 10,92,TERC,100,742,31,11,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||128-128-128 1,93,92,80,0,0,0,0,0,64,0,-1--1--1,,1|(132,751)| 10,94,PP Potential Production,171,962,44,19,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||128-128-128 1,95,94,55,0,0,0,0,0,64,0,-1--1--1,,1|(200,924)| 1,96,94,50,1,0,0,0,0,64,1,-1--1--1,,1|(285,935)| \\\---/// Sketch information - do not modify anything except names V300 Do not put anything below this section - it will be ignored *Graphs $192-192-192,0,Times New Roman|12||0-0-0|0-0-0|0-0-255|-1--1--1|-1--1--1|96,96,75 12,1,3933114,394,412,377,239,3,60,0,0,1,0,0,0 PRODUCTION_Simulated_vs._Actual 12,2,3539746,1171,410,364,238,3,60,0,0,1,0,0,0 PRICE_Simulated_vs._Actual 12,3,12190604,393,950,373,275,3,60,0,0,1,0,0,0 RESERVES_Simulated_vs._Actual 12,4,2097994,388,1523,368,268,3,60,0,0,1,0,0,0 GWP_Simulated_vs._Actual 12,5,9569014,1171,948,368,270,3,60,0,0,1,0,0,0 URR_Simulated_vs._Actual \\\---/// Sketch information - do not modify anything except names V300 Do not put anything below this section - it will be ignored *Book Value $192-192-192,0,Times New Roman|12||0-0-0|0-0-0|0-0-255|-1--1--1|-1--1--1|96,96,75 10,1,BVR Book Value of the Reserve,306,411,49,27,3,3,0,0,0,0,0,0 12,2,48,300,257,10,8,0,3,0,0,-1,0,0,0 11,3,48,300,325,8,6,1,3,0,0,1,0,0,0 1,4,3,1,4,0,0,22,0,0,0,-1--1--1,,1|(300,357)| 1,5,3,2,100,0,0,22,0,0,0,-1--1--1,,1|(300,292)| 12,6,48,304,565,10,8,0,3,0,0,-1,0,0,0 11,7,48,305,501,8,6,1,3,0,0,1,0,0,0 1,8,7,6,4,0,0,22,0,0,0,-1--1--1,,1|(305,532)| 1,9,7,1,100,0,0,22,0,0,0,-1--1--1,,1|(305,466)| 10,10,UEXPEXP Unit Exploration Expenditure,555,419,52,28,8,3,0,0,0,0,0,0 10,11,RBVR Reduction in Book Value of the Reserve,453,504,64,28,8,3,0,0,0,0,0,0 10,12,UCOST Unit Cost,601,294,59,11,8,3,0,0,0,0,0,0 1,13,11,7,1,0,0,0,0,64,0,-1--1--1,,1|(391,517)| 1,14,10,11,0,0,0,0,0,64,0,-1--1--1,,1|(509,457)| 1,15,10,12,1,0,0,0,0,64,0,-1--1--1,,1|(550,341)| 10,16,EIE Effective Investment in Exploration,250,201,47,28,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||0-0-255 10,17,PR Production,515,592,56,11,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||0-0-255 1,18,17,11,0,0,0,0,0,0,0,-1--1--1,,1|(494,562)| 1,19,16,3,0,0,0,0,0,64,0,-1--1--1,,1|(276,267)| 10,20,REQPRCN Inital Value of REQPRC,130,269,66,19,8,2,1,3,-1,0,0,0,128-128-128,0-0-0,|12||128-128-128 1,21,20,1,0,1,0,0,0,0,1,-1--1--1,,1|(207,331)| 10,22,TRRR Total Recoverable Resource Remaining,124,418,72,28,8,2,1,3,-1,0,0,0,0-0-255,0-0-0,|12||0-0-255 1,23,22,1,0,1,0,0,0,64,1,-1--1--1,,1|(219,414)| 10,24,BVR Book Value of the Reserve 0,922,390,49,27,3,3,0,0,0,0,0,0 12,25,48,916,236,10,8,0,3,0,0,-1,0,0,0 11,26,48,916,304,8,6,1,3,0,0,1,0,0,0 1,27,26,24,4,0,0,22,0,0,0,-1--1--1,,1|(916,336)| 1,28,26,25,100,0,0,22,0,0,0,-1--1--1,,1|(916,271)| 12,29,48,921,552,10,8,0,3,0,0,-1,0,0,0 11,30,48,921,480,8,6,1,3,0,0,1,0,0,0 1,31,30,29,4,0,0,22,0,0,0,-1--1--1,,1|(921,515)| 1,32,30,24,100,0,0,22,0,0,0,-1--1--1,,1|(921,445)| 10,33,UEXPEXP Unit Exploration Expenditure 0,1119,385,77,28,8,3,0,0,0,0,0,0 10,34,RBVR Reduction in Book Value of the Reserve 0,1096,493,83,19,8,3,0,0,0,0,0,0 10,35,UCP Unit Cost of Production 0,1290,322,58,19,8,3,0,2,0,0,0,0,0-0-0,0-0-0,|12||255-0-0 10,36,UCOST Unit Cost 0,1284,389,43,19,8,3,0,0,0,0,0,0 10,37,REQPRC Required Price 0,1308,529,54,19,8,3,0,2,0,0,0,0,0-0-0,0-0-0,|12||255-0-0 1,38,24,33,1,0,0,0,0,64,0,-1--1--1,,1|(1023,401)| 1,39,34,30,1,0,0,0,0,64,0,-1--1--1,,1|(996,492)| 1,40,33,34,0,0,0,0,0,64,0,-1--1--1,,1|(1108,436)| 1,41,33,36,1,0,0,0,0,64,0,-1--1--1,,1|(1212,412)| 1,42,35,36,1,0,0,0,0,64,0,-1--1--1,,1|(1295,349)| 1,43,36,37,1,0,0,0,0,64,0,-1--1--1,,1|(1299,448)| 10,44,ESDPRC Effect of Supply and Demand on Price,1518,409,75,28,8,3,0,0,0,0,0,0 10,45,SPSD Sensitivity of Price to Supply and Demand,1443,229,81,19,8,3,0,0,0,0,0,0 10,46,EIE Effective Investment in Exploration,1021,285,47,28,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||0-0-255 10,47,TRRR Total Recoverable Resource Remaining,1103,164,72,28,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||0-0-255 1,48,47,33,1,0,0,0,0,0,0,-1--1--1,,1|(1134,246)| 10,49,PR Production,1031,612,56,11,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||0-0-255 1,50,49,34,0,0,0,0,0,0,0,-1--1--1,,1|(1057,562)| 10,51,PIP Productivity of Investment in Production,1278,154,66,28,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||0-0-255 1,52,51,35,1,0,0,0,0,0,0,-1--1--1,,1|(1305,233)| 10,53,DGM Desired Gross Margin,1204,608,51,19,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||0-0-255 1,54,53,37,1,0,0,0,0,0,0,-1--1--1,,1|(1270,576)| 1,55,46,26,0,0,0,0,0,64,0,-1--1--1,,1|(955,296)| 10,56,PRCCDET Cost Determined Price 0,1462,485,62,19,8,3,0,0,0,0,0,0 1,57,37,56,1,0,0,0,0,64,0,-1--1--1,,1|(1375,542)| 1,58,53,24,0,1,0,0,0,0,1,-1--1--1,,1|(1073,507)| 1,59,47,24,0,1,0,0,0,0,1,-1--1--1,,1|(1016,272)| 1,60,35,24,0,1,0,0,0,0,1,-1--1--1,,1|(1108,354)| 10,61,NPDMND Natural Petroleum Demand,1689,463,67,19,8,2,0,3,-1,0,0,0,0-0-255,0-0-0,|12||0-0-255 10,62,PPI Potential Production from Investment,1739,360,52,28,8,2,0,3,-1,0,0,0,0-0-255,0-0-0,|12||0-0-255 10,63,PPR Potential Production from Reserves,1673,276,52,28,8,2,0,3,-1,0,0,0,0-0-255,0-0-0,|12||0-0-255 1,64,44,56,0,0,0,0,0,64,0,-1--1--1,,1|(1491,445)| 10,65,DGM Desired Gross Margin,138,326,51,19,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||128-128-128 1,66,65,1,0,0,0,0,0,64,1,-1--1--1,,1|(209,362)| 10,67,UCP Unit Cost of Production,135,509,62,19,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||128-128-128 1,68,67,1,0,0,0,0,0,64,1,-1--1--1,,1|(206,467)| 10,69,UCP Unit Cost of Production,781,354,62,19,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||128-128-128 1,70,69,10,0,0,0,0,0,64,0,-1--1--1,,1|(670,385)| 1,71,69,12,0,0,0,0,0,64,0,-1--1--1,,1|(685,322)| 10,72,PRCCDET Cost Determined Price,790,477,60,19,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||128-128-128 1,73,72,10,0,0,0,0,0,64,0,-1--1--1,,1|(675,448)| \\\---/// Sketch information - do not modify anything except names V300 Do not put anything below this section - it will be ignored *Area Explored and Yield to Exploration $192-192-192,0,Times New Roman|12||0-0-0|0-0-0|0-0-255|-1--1--1|-1--1--1|96,96,75 10,1,AE,219,369,11,10,8,3,0,32,0,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 10,2,FAE,145,425,13,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,3,2,1,0,0,0,0,0,0,0,-1--1--1,,1|(177,400)| 10,4,TA,280,427,9,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,5,4,1,0,0,0,0,0,0,0,-1--1--1,,1|(255,403)| 10,6,ye,396,300,10,10,8,3,0,32,0,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 10,7,ICFD,352,379,21,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,8,7,6,0,0,0,0,0,0,0,-1--1--1,,1|(370,345)| 10,9,PIE Productivity of Investment in Exploration,515,364,69,27,8,2,0,35,-1,0,0,0,0-0-255,0-0-0,Arial|12||0-0-255 1,10,9,6,0,0,0,0,0,0,0,-1--1--1,,1|(441,324)| 10,11,ADP,107,502,19,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,12,11,2,0,0,0,0,0,0,0,-1--1--1,,1|(122,470)| 10,13,fi,213,500,6,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,14,13,2,0,0,0,0,0,0,0,-1--1--1,,1|(185,469)| 10,15,CUMAIR Cumulative Additions to Identified Reserves,143,580,79,27,8,2,0,35,-1,0,0,0,0-0-255,0-0-0,Arial|12||0-0-255 1,16,15,13,0,0,0,0,0,64,0,-1--1--1,,1|(181,534)| 10,17,GAST,333,480,24,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,18,17,4,0,0,0,0,0,0,0,-1--1--1,,1|(310,457)| 10,19,TR Total Resource,300,593,35,19,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||128-128-128 1,20,19,13,0,0,0,0,0,0,0,-1--1--1,,1|(255,545)| \\\---/// Sketch information - do not modify anything except names V300 Do not put anything below this section - it will be ignored *Hubbert Method $192-192-192,0,Times New Roman|12||0-0-0|0-0-0|0-0-255|-1--1--1|-1--1--1|96,96,75 10,1,hcd,300,218,15,10,8,3,0,32,0,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 10,2,HCP,333,295,15,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,3,2,1,0,0,0,0,0,0,0,-1--1--1,,1|(319,263)| 10,4,HPR,279,291,13,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,5,4,1,0,0,0,0,0,0,0,-1--1--1,,1|(286,261)| 10,6,heurr,618,208,20,10,8,3,0,32,0,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 10,7,HEURRT,538,244,34,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,8,7,6,0,0,0,0,0,0,0,-1--1--1,,1|(572,228)| 10,9,Time,530,207,29,10,8,2,0,35,-1,0,0,0,0-0-255,0-0-0,Arial|12||0-0-255 10,10,hppr,648,318,18,10,8,3,0,32,0,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 10,11,HA,698,391,13,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,12,11,10,0,0,0,0,0,0,0,-1--1--1,,1|(677,360)| 10,13,HB,641,399,13,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,14,13,10,0,0,0,0,0,0,0,-1--1--1,,1|(643,365)| 10,15,HEXP,569,388,19,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,16,15,10,0,0,0,0,0,0,0,-1--1--1,,1|(602,357)| 10,17,HQINF,541,346,26,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,18,17,10,0,0,0,0,0,0,0,-1--1--1,,1|(591,332)| 1,19,13,15,0,0,0,0,0,0,0,-1--1--1,,1|(614,395)| 10,20,HRPRL,585,434,29,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,21,20,15,0,0,0,0,0,0,0,-1--1--1,,1|(579,417)| 10,22,Time,508,418,29,10,8,2,0,35,-1,0,0,0,0-0-255,0-0-0,Arial|12||0-0-255 1,23,22,15,0,0,0,0,0,0,0,-1--1--1,,1|(532,405)| 10,24,TRRR Total Recoverable Resource Remaining,244,423,78,18,8,2,0,35,-1,0,0,0,0-0-255,0-0-0,Arial|12||0-0-255 10,25,CUMPR Cumulative Production,368,379,45,27,8,2,0,35,-1,0,0,0,0-0-255,0-0-0,Arial|12||0-0-255 1,26,24,4,0,0,0,0,0,64,0,-1--1--1,,1|(260,359)| 1,27,25,2,0,0,0,0,0,64,0,-1--1--1,,1|(349,334)| 10,28,cumulative potential production hubbert,802,250,96,28,3,3,0,0,0,0,0,0 12,29,48,618,249,10,8,0,3,0,0,-1,0,0,0 11,30,48,659,249,6,8,2,3,0,0,1,0,0,0 1,31,30,28,4,0,0,22,0,0,0,-1--1--1,,1|(685,249)| 1,32,30,29,100,0,0,22,0,0,0,-1--1--1,,1|(640,249)| 1,33,10,30,0,0,0,0,0,64,0,-1--1--1,,1|(652,287)| 10,34,time1,553,548,25,11,8,3,0,0,0,0,0,0 1,35,20,34,0,0,0,0,0,64,0,-1--1--1,,1|(571,483)| 10,36,Time,553,577,26,11,8,2,0,3,-1,0,0,0,0-0-255,0-0-0,|12||0-0-255 1,37,36,34,0,0,0,0,0,64,0,-1--1--1,,1|(553,569)| 1,38,9,6,0,0,0,0,0,64,0,-1--1--1,,1|(571,207)| \\\---/// Sketch information - do not modify anything except names V300 Do not put anything below this section - it will be ignored *Geologic Analogy Method $192-192-192,0,Times New Roman|12||0-0-0|0-0-0|0-0-255|-1--1--1|-1--1--1|96,96,75 10,1,geurr,472,257,20,10,8,3,0,32,0,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 10,2,GCUMPR,591,323,28,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,3,2,1,0,0,0,0,0,0,0,-1--1--1,,1|(537,293)| 10,4,GEATRR,517,340,23,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,5,4,1,0,0,0,0,0,0,0,-1--1--1,,1|(497,304)| 10,6,GEFD,445,338,18,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,7,6,1,0,0,0,0,0,0,0,-1--1--1,,1|(455,304)| 10,8,GTRRR,387,321,16,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,9,8,1,0,0,0,0,0,0,0,-1--1--1,,1|(423,293)| 10,10,GETRRR,520,394,21,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,11,10,4,0,0,0,0,0,0,0,-1--1--1,,1|(519,373)| 1,12,8,4,0,0,0,0,0,0,0,-1--1--1,,1|(441,328)| 10,13,GCUMAIR,610,421,30,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,14,13,10,0,0,0,0,0,0,0,-1--1--1,,1|(567,408)| 1,15,2,10,0,0,0,0,0,0,0,-1--1--1,,1|(560,353)| 10,16,GEFR,537,439,16,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,17,16,10,0,0,0,0,0,0,0,-1--1--1,,1|(531,422)| 10,18,GEIFR,577,488,18,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,19,18,16,0,0,0,0,0,0,0,-1--1--1,,1|(561,468)| 10,20,GFR,487,478,11,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,21,20,16,1,0,0,0,0,0,0,-1--1--1,,1|(505,465)| 10,22,GETFR,556,537,18,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,23,22,18,0,0,0,0,0,0,0,-1--1--1,,1|(563,518)| 1,24,20,18,0,0,0,0,0,0,0,-1--1--1,,1|(521,481)| 10,25,GEGFR,596,601,20,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,26,25,22,0,0,0,0,0,0,0,-1--1--1,,1|(579,574)| 10,27,GMETFR,662,536,35,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,28,27,22,0,0,0,0,0,0,0,-1--1--1,,1|(607,536)| 10,29,GTETFR,657,561,33,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,30,29,22,0,0,0,0,0,0,0,-1--1--1,,1|(605,549)| 10,31,GIGFR,547,1305,26,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 10,32,GTEGFR,374,1062,35,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 10,33,GTPGFR,558,1095,35,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 10,34,GPFD,457,394,18,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,35,34,6,0,0,0,0,0,0,0,-1--1--1,,1|(452,372)| 10,36,GSFD,395,393,17,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,37,36,6,0,0,0,0,0,0,0,-1--1--1,,1|(414,370)| 10,38,GEUR,398,442,18,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,39,38,34,0,0,0,0,0,0,0,-1--1--1,,1|(421,422)| 1,40,20,34,0,0,0,0,0,0,0,-1--1--1,,1|(474,442)| 1,41,18,36,0,0,0,0,0,0,0,-1--1--1,,1|(491,443)| 1,42,38,36,0,0,0,0,0,0,0,-1--1--1,,1|(397,424)| 10,43,GAU,302,476,15,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,44,43,38,0,0,0,0,0,0,0,-1--1--1,,1|(341,461)| 10,45,GEYUA,369,515,23,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,46,45,38,0,0,0,0,0,0,0,-1--1--1,,1|(380,484)| 10,47,GFD,300,536,13,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,48,47,38,0,0,0,0,0,0,0,-1--1--1,,1|(343,493)| 10,49,GAE,249,523,16,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,50,49,43,0,0,0,0,0,0,0,-1--1--1,,1|(269,504)| 10,51,GAS,215,486,15,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,52,51,43,0,0,0,0,0,0,0,-1--1--1,,1|(251,481)| 10,53,AE,218,562,20,10,8,2,0,35,-1,0,0,0,0-0-255,0-0-0,Arial|12||0-0-255 1,54,53,49,0,0,0,0,0,0,0,-1--1--1,,1|(228,547)| 10,55,Time,145,532,29,10,8,2,0,35,-1,0,0,0,0-0-255,0-0-0,Arial|12||0-0-255 1,56,55,51,0,0,0,0,0,0,0,-1--1--1,,1|(174,512)| 10,57,GED,360,567,16,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,58,57,45,0,0,0,0,0,0,0,-1--1--1,,1|(362,547)| 10,59,GEYE,440,555,19,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,60,59,45,0,0,0,0,0,0,0,-1--1--1,,1|(410,538)| 10,61,GAWD,373,609,27,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,62,61,57,0,0,0,0,0,0,0,-1--1--1,,1|(368,594)| 10,63,GWD,314,629,22,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,64,63,57,0,0,0,0,0,0,0,-1--1--1,,1|(332,603)| 10,65,GFHYE,535,603,22,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,66,65,59,0,0,0,0,0,0,0,-1--1--1,,1|(493,581)| 10,67,GHYE,437,597,20,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,68,67,59,0,0,0,0,0,0,0,-1--1--1,,1|(437,582)| 10,69,GIFHYE,506,662,23,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,70,69,65,0,0,0,0,0,0,0,-1--1--1,,1|(516,638)| 10,71,GTAYE,578,663,28,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,72,71,65,0,0,0,0,0,0,0,-1--1--1,,1|(560,638)| 10,73,GMFHYE,593,722,35,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,74,73,69,0,0,0,0,0,0,0,-1--1--1,,1|(555,695)| 10,75,GTFHYE,512,719,33,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,76,75,69,0,0,0,0,0,0,0,-1--1--1,,1|(509,697)| 10,77,GTY,446,717,12,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,78,77,69,0,0,0,0,0,0,0,-1--1--1,,1|(470,694)| 10,79,GITY,527,1027,19,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 10,80,GTETY,309,814,27,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 10,81,GTPTY,559,818,27,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 10,82,gtaey,412,641,28,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,83,82,67,0,0,0,0,0,0,0,-1--1--1,,1|(420,625)| 10,84,g1,757,267,11,10,8,3,0,32,0,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,85,2,84,0,0,0,0,0,0,0,-1--1--1,,1|(675,294)| 1,86,8,84,0,0,0,0,0,0,0,-1--1--1,,1|(567,294)| 10,87,g2,746,324,11,10,8,3,0,32,0,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,88,84,87,0,0,0,0,0,0,0,-1--1--1,,1|(753,288)| 1,89,4,87,0,0,0,0,0,0,0,-1--1--1,,1|(630,332)| 10,90,g3,744,364,11,10,8,3,0,32,0,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,91,87,90,0,0,0,0,0,0,0,-1--1--1,,1|(745,337)| 1,92,34,90,0,0,0,0,0,0,0,-1--1--1,,1|(597,379)| 10,93,gerrr,582,240,19,10,8,3,0,32,0,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,94,2,93,0,0,0,0,0,0,0,-1--1--1,,1|(587,288)| 1,95,1,93,0,0,0,0,0,0,0,-1--1--1,,1|(520,249)| 10,96,rrr,783,431,10,10,8,3,0,32,0,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 10,97,URR,782,502,19,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,98,97,96,0,0,0,0,0,0,0,-1--1--1,,1|(782,473)| 10,99,TRRR Total Recoverable Resource Remaining,294,363,78,18,8,2,0,35,-1,0,0,0,0-0-255,0-0-0,Arial|12||0-0-255 10,100,CUMPR Cumulative Production,914,436,45,27,8,2,0,35,-1,0,0,0,0-0-255,0-0-0,Arial|12||0-0-255 10,101,MAXFR Maximum Fraction Recoverable,992,590,76,27,8,2,0,35,-1,0,0,0,0-0-255,0-0-0,Arial|12||0-0-255 10,102,MAXFD Maximum Fraction Discoverable,805,590,77,27,8,2,0,35,-1,0,0,0,0-0-255,0-0-0,Arial|12||0-0-255 1,103,100,96,0,0,0,0,0,64,0,-1--1--1,,1|(837,433)| 1,104,101,97,0,0,0,0,0,64,1,-1--1--1,,1|(870,538)| 1,105,102,97,0,0,0,0,0,64,1,-1--1--1,,1|(792,544)| 1,106,99,8,0,0,0,0,0,64,0,-1--1--1,,1|(345,339)| 1,107,100,2,0,0,0,0,0,64,0,-1--1--1,,1|(750,378)| 10,108,CUMAIR Cumulative Additions to Identified Reserves,681,468,79,27,8,2,0,35,-1,0,0,0,0-0-255,0-0-0,Arial|12||0-0-255 1,109,108,13,0,0,0,0,0,64,0,-1--1--1,,1|(638,439)| 10,110,FR Fraction Recoverable,453,515,48,18,8,2,0,35,-1,0,0,0,0-0-255,0-0-0,Arial|12||0-0-255 10,111,FD Fraction Discoverable,260,596,52,18,8,2,0,35,-1,0,0,0,0-0-255,0-0-0,Arial|12||0-0-255 1,112,110,20,1,0,0,0,0,64,0,-1--1--1,,1|(468,504)| 1,113,111,47,0,0,0,0,0,64,0,-1--1--1,,1|(278,567)| 10,114,ye,471,639,19,10,8,2,0,35,-1,0,0,0,0-0-255,0-0-0,Arial|12||0-0-255 1,115,114,67,0,0,0,0,0,64,0,-1--1--1,,1|(458,623)| 10,116,TRND Trend GTY,712,860,40,20,3,3,0,32,0,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 10,117,PPC Perceived precent condition GTY,337,964,59,25,3,3,0,32,0,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 12,118,48,86,966,10,8,0,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,119,121,117,4,0,0,22,0,0,0,-1--1--1,,1|(235,966)| 1,120,121,118,100,0,0,22,0,0,0,-1--1--1,,1|(138,966)| 11,121,48,187,966,6,8,34,3,0,0,1,0,0,0 10,122,A GTY,187,984,19,10,40,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 12,123,48,539,859,10,8,0,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,124,126,116,4,0,0,22,0,0,0,-1--1--1,,1|(637,861)| 1,125,126,123,100,0,0,22,0,0,0,-1--1--1,,1|(570,861)| 11,126,48,597,861,6,8,34,3,0,0,1,0,0,0 10,127,B GTY,597,879,19,10,40,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 10,128,RTRND Reference Trend GTY,501,955,54,18,8,3,0,32,0,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,129,128,127,1,0,0,0,0,64,0,-1--1--1,,1|(588,918)| 1,130,116,127,1,0,0,0,0,64,0,-1--1--1,,1|(643,889)| 10,131,TPPC Time to Perceive Perceived Present condition GTY,134,917,77,27,8,3,0,32,0,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,132,131,122,1,0,0,0,0,64,0,-1--1--1,,1|(141,945)| 1,133,117,122,1,0,0,0,0,64,0,-1--1--1,,1|(243,994)| 10,134,RC Reference Condition GTY,459,862,54,25,3,3,0,32,0,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 12,135,48,237,868,10,8,0,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,136,138,134,4,0,0,22,0,0,0,-1--1--1,,1|(368,868)| 1,137,138,135,100,0,0,22,0,0,0,-1--1--1,,1|(283,868)| 11,138,48,326,868,6,8,34,3,0,0,1,0,0,0 10,139,C GTY,326,886,18,10,40,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,140,117,139,1,0,0,0,0,64,0,-1--1--1,,1|(282,935)| 1,141,134,139,1,0,0,0,0,64,0,-1--1--1,,1|(376,909)| 1,142,117,128,1,0,0,0,0,64,0,-1--1--1,,1|(426,983)| 1,143,134,128,1,0,0,0,0,64,0,-1--1--1,,1|(498,908)| 1,144,131,117,1,0,0,0,0,0,1,-1--1--1,,1|(222,944)| 1,145,117,134,1,0,0,0,0,0,1,-1--1--1,,1|(380,945)| 1,146,79,116,0,0,0,0,0,64,1,-1--1--1,,1|(608,953)| 1,147,79,134,0,0,0,0,0,64,1,-1--1--1,,1|(498,958)| 1,148,79,117,0,0,0,0,0,64,1,-1--1--1,,1|(458,1004)| 1,149,81,127,1,0,0,0,0,64,0,-1--1--1,,1|(559,839)| 1,150,80,131,0,0,0,0,0,64,0,-1--1--1,,1|(242,853)| 1,151,80,139,0,0,0,0,0,64,0,-1--1--1,,1|(315,843)| 1,152,80,128,0,0,0,0,0,64,0,-1--1--1,,1|(393,876)| 1,153,80,134,0,0,0,0,0,64,1,-1--1--1,,1|(363,830)| 10,154,ye,271,1054,19,10,8,2,0,35,-1,0,0,0,0-0-255,0-0-0,Arial|12||0-0-255 1,155,154,122,0,0,0,0,0,64,0,-1--1--1,,1|(234,1023)| 1,156,154,117,0,0,0,0,0,64,1,-1--1--1,,1|(293,1022)| 10,157,TRND Trend GTY,397,767,45,18,8,2,0,35,-1,0,0,0,0-0-255,0-0-0,Arial|12||0-0-255 1,158,157,77,0,0,0,0,0,64,0,-1--1--1,,1|(420,742)| 10,159,TRND Trend GEGFR,711,1132,40,20,3,3,0,32,0,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 10,160,PPC Perceived precent condition GEGFR,336,1236,59,25,3,3,0,32,0,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 12,161,48,85,1238,10,8,0,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,162,164,160,4,0,0,22,0,0,0,-1--1--1,,1|(234,1238)| 1,163,164,161,100,0,0,22,0,0,0,-1--1--1,,1|(137,1238)| 11,164,48,186,1238,6,8,34,3,0,0,1,0,0,0 10,165,A GEGFR,186,1256,27,10,40,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 12,166,48,538,1131,10,8,0,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,167,169,159,4,0,0,22,0,0,0,-1--1--1,,1|(636,1133)| 1,168,169,166,100,0,0,22,0,0,0,-1--1--1,,1|(569,1133)| 11,169,48,596,1133,6,8,34,3,0,0,1,0,0,0 10,170,B GEGFR,596,1151,27,10,40,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 10,171,RTRND Reference Trend GEGFR,500,1227,54,18,8,3,0,32,0,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,172,171,170,1,0,0,0,0,64,0,-1--1--1,,1|(587,1190)| 1,173,159,170,1,0,0,0,0,64,0,-1--1--1,,1|(642,1161)| 10,174,TPPC Time to Perceive Perceived Present condition GEGFR,133,1189,77,27,8,3,0,32,0,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,175,174,165,1,0,0,0,0,64,0,-1--1--1,,1|(140,1217)| 1,176,160,165,1,0,0,0,0,64,0,-1--1--1,,1|(242,1266)| 10,177,RC Reference Condition GEGFR,458,1134,54,25,3,3,0,32,0,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 12,178,48,236,1140,10,8,0,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,179,181,177,4,0,0,22,0,0,0,-1--1--1,,1|(367,1140)| 1,180,181,178,100,0,0,22,0,0,0,-1--1--1,,1|(282,1140)| 11,181,48,325,1140,6,8,34,3,0,0,1,0,0,0 10,182,C GEGFR,325,1158,26,10,40,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,183,160,182,1,0,0,0,0,64,0,-1--1--1,,1|(281,1207)| 1,184,177,182,1,0,0,0,0,64,0,-1--1--1,,1|(375,1181)| 1,185,160,171,1,0,0,0,0,64,0,-1--1--1,,1|(425,1255)| 1,186,177,171,1,0,0,0,0,64,0,-1--1--1,,1|(497,1180)| 1,187,174,160,1,0,0,0,0,0,1,-1--1--1,,1|(221,1216)| 1,188,160,177,1,0,0,0,0,0,1,-1--1--1,,1|(379,1217)| 10,189,GFR,280,1344,20,10,8,2,0,35,-1,0,0,0,0-0-255,0-0-0,Arial|12||0-0-255 1,190,189,165,0,0,0,0,0,64,0,-1--1--1,,1|(238,1304)| 1,191,189,160,0,0,0,0,0,64,1,-1--1--1,,1|(300,1303)| 1,192,31,159,0,0,0,0,0,64,1,-1--1--1,,1|(619,1228)| 1,193,31,177,0,0,0,0,0,64,1,-1--1--1,,1|(509,1233)| 1,194,31,160,0,0,0,0,0,64,1,-1--1--1,,1|(464,1278)| 1,195,33,170,0,0,0,0,0,64,0,-1--1--1,,1|(572,1117)| 1,196,32,177,0,0,0,0,0,64,1,-1--1--1,,1|(401,1085)| 1,197,32,174,0,0,0,0,0,64,0,-1--1--1,,1|(276,1113)| 1,198,32,182,0,0,0,0,0,64,0,-1--1--1,,1|(352,1103)| 1,199,32,171,0,0,0,0,0,64,0,-1--1--1,,1|(429,1134)| 10,200,TRND Trend GEGFR,691,655,45,18,8,2,0,35,-1,0,0,0,0-0-255,0-0-0,Arial|12||0-0-255 1,201,200,25,0,0,0,0,0,64,0,-1--1--1,,1|(642,627)| 10,202,GAST,151,577,33,10,8,2,0,35,-1,0,0,0,0-0-255,0-0-0,Arial|12||0-0-255 1,203,202,51,0,0,0,0,0,64,0,-1--1--1,,1|(178,537)| 10,204,TR Total Resource,981,503,35,19,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||128-128-128 1,205,204,97,1,0,0,0,0,0,1,-1--1--1,,1|(905,515)| \\\---/// Sketch information - do not modify anything except names V300 Do not put anything below this section - it will be ignored *Summary Statistics $192-192-192,0,Times New Roman|12||0-0-0|0-0-0|0-0-255|-1--1--1|-1--1--1|96,96,75 10,1,MAPE,297,189,31,10,8,2,0,35,-1,0,0,0,128-128-128,0-0-0,Arial|12|B|255-0-0 10,2,MSE,305,366,26,10,8,2,0,35,-1,0,0,0,128-128-128,0-0-0,Arial|12|B|255-0-0 10,3,r,305,426,14,10,8,2,0,35,-1,0,0,0,128-128-128,0-0-0,Arial|12|B|255-0-0 10,4,"R^2",307,485,22,10,8,2,0,35,-1,0,0,0,128-128-128,0-0-0,Arial|12|B|255-0-0 10,5,Residuals,677,363,43,10,8,2,0,35,-1,0,0,0,128-128-128,0-0-0,Arial|12|B|255-0-0 10,6,RMSE,305,308,29,10,8,2,0,35,-1,0,0,0,128-128-128,0-0-0,Arial|12|B|255-0-0 10,7,MAE over Mean,298,243,40,18,8,2,0,35,-1,0,0,0,128-128-128,0-0-0,Arial|12|B|255-0-0 10,8,Uc,830,201,19,10,8,2,0,35,-1,0,0,0,128-128-128,0-0-0,Arial|12|B|255-0-0 10,9,Us,672,200,19,10,8,2,0,35,-1,0,0,0,128-128-128,0-0-0,Arial|12|B|255-0-0 10,10,Um,540,197,22,10,8,2,0,35,-1,0,0,0,128-128-128,0-0-0,Arial|12|B|255-0-0 12,11,0,162,187,55,18,8,4,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 Mean Absolute Percent Error 12,12,0,154,143,36,11,8,4,0,48,-1,0,0,0,0-0-0,0-0-0,Arial|12|BU|0-0-0 Statistic: 12,13,0,300,144,57,11,8,4,0,50,-1,0,0,0,0-0-0,0-0-0,Arial|12|BU|255-0-0 Variable Name 12,14,0,161,244,55,18,8,4,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 Mean Absolute Error/Mean 12,15,0,158,310,48,18,8,4,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 Root Mean Square Error 12,16,0,158,368,50,18,8,4,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 Mean Square Error 12,17,0,425,197,54,18,8,4,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 Theil Inequality Statistics 12,18,0,162,434,78,27,8,4,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 Correlation between Simulated and Actual Variables 12,19,0,163,485,40,10,8,4,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 R Squared 12,20,0,539,361,27,10,8,4,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 Error(t) 12,21,0,537,156,49,10,8,4,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 Bias Fraction 12,22,0,668,155,66,18,8,4,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 Unequal Variance Fraction 12,23,0,826,154,74,18,8,4,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 Unequal Covariance Fraction 12,24,0,160,534,43,10,8,4,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 Data Points 10,25,Count,310,538,32,10,8,2,0,35,-1,0,0,0,128-128-128,0-0-0,Arial|12|B|255-0-0 \\\---/// Sketch information - do not modify anything except names V300 Do not put anything below this section - it will be ignored *Calculations $192-192-192,0,Times New Roman|12||0-0-0|0-0-0|0-0-255|-1--1--1|-1--1--1|96,96,75 12,1,0,98,334,88,310,3,128,0,0,-1,0,0,0 10,2,"R^2",922,410,13,10,8,3,0,34,-1,0,0,0,0-0-0,0-0-0,Arial|10|B|255-0-0 10,3,r,917,333,5,10,8,3,0,34,-1,0,0,0,0-0-0,0-0-0,Arial|10|B|255-0-0 1,4,3,2,1,0,0,0,0,0,0,-1--1--1,,1|(926,391)| 10,5,M X,799,340,14,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,6,5,3,0,0,0,0,0,0,0,-1--1--1,,1|(855,336)| 10,7,M Y,800,259,14,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,8,7,3,0,0,0,0,0,0,0,-1--1--1,,1|(857,294)| 10,9,Mxy,899,229,16,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,10,9,3,0,0,0,0,0,0,0,-1--1--1,,1|(906,274)| 10,11,Sx,1001,240,10,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,12,11,3,0,0,0,0,0,0,0,-1--1--1,,1|(961,283)| 10,13,Sy,1037,288,10,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,14,13,3,0,0,0,0,0,0,0,-1--1--1,,1|(981,308)| 1,15,28,5,0,0,0,0,0,0,0,-1--1--1,,1|(757,307)| 10,16,Sum Xi,722,385,28,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,17,16,5,0,0,0,0,0,0,0,-1--1--1,,1|(755,365)| 10,18,dt,705,337,9,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,19,18,16,1,0,0,0,0,0,0,-1--1--1,,1|(707,355)| 10,20,Xi,644,408,8,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,21,20,16,0,0,0,0,0,0,0,-1--1--1,,1|(666,401)| 10,22,pick,520,306,17,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,23,22,20,0,0,0,0,0,0,0,-1--1--1,,1|(578,354)| 10,24,X,568,426,6,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,25,24,20,0,0,0,0,0,0,0,-1--1--1,,1|(598,418)| 10,26,Historical,491,445,33,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,27,26,24,0,0,0,0,0,0,0,-1--1--1,,1|(536,433)| 10,28,Count,728,283,23,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,29,28,7,0,0,0,0,0,0,0,-1--1--1,,1|(761,271)| 10,30,Sum Yi,726,201,27,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,31,30,7,0,0,0,0,0,0,0,-1--1--1,,1|(756,225)| 1,32,18,28,1,0,0,0,0,0,0,-1--1--1,,1|(724,308)| 1,33,22,28,1,0,0,0,0,0,0,-1--1--1,,1|(605,285)| 10,34,Yi,635,209,8,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,35,34,30,0,0,0,0,0,0,0,-1--1--1,,1|(664,206)| 1,36,22,34,0,0,0,0,0,0,0,-1--1--1,,1|(573,260)| 10,37,Y,562,163,6,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,38,37,34,0,0,0,0,0,0,0,-1--1--1,,1|(591,180)| 10,39,Simulated,469,120,36,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,40,39,37,0,0,0,0,0,0,0,-1--1--1,,1|(516,142)| 10,41,dt,694,147,18,10,8,2,0,35,-1,0,0,0,128-128-128,0-0-0,Arial|10|B|0-0-255 1,42,41,30,0,0,0,0,0,64,0,-1--1--1,,1|(705,168)| 10,43,SumXY,818,140,25,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,44,43,9,0,0,0,0,0,0,0,-1--1--1,,1|(853,179)| 10,45,Xi,771,68,17,10,8,2,0,35,-1,0,0,0,128-128-128,0-0-0,Arial|10|B|0-0-255 1,46,45,43,1,0,0,0,0,64,0,-1--1--1,,1|(798,97)| 1,47,41,43,1,0,0,0,0,64,0,-1--1--1,,1|(738,138)| 10,48,Yi,856,66,17,10,8,2,0,35,-1,0,0,0,128-128-128,0-0-0,Arial|10|B|0-0-255 1,49,48,43,1,0,0,0,0,64,0,-1--1--1,,1|(834,107)| 10,50,MY2,1086,336,17,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,51,50,13,0,0,0,0,0,0,0,-1--1--1,,1|(1066,316)| 10,52,SumY2,1145,369,26,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,53,52,50,0,0,0,0,0,0,0,-1--1--1,,1|(1121,355)| 10,54,Count,1188,300,32,10,8,2,0,35,-1,0,0,0,128-128-128,0-0-0,Arial|10|B|0-0-255 1,55,54,50,0,0,0,0,0,64,0,-1--1--1,,1|(1138,317)| 10,56,dt,1232,351,18,10,8,2,0,35,-1,0,0,0,128-128-128,0-0-0,Arial|10|B|0-0-255 1,57,56,52,0,0,0,0,0,64,0,-1--1--1,,1|(1199,357)| 10,58,M Y,1130,251,23,10,8,2,0,35,-1,0,0,0,128-128-128,0-0-0,Arial|10|B|0-0-255 1,59,58,13,0,0,0,0,0,64,0,-1--1--1,,1|(1083,269)| 10,60,Yi,1230,396,17,10,8,2,0,35,-1,0,0,0,128-128-128,0-0-0,Arial|10|B|0-0-255 1,61,60,52,0,0,0,0,0,64,0,-1--1--1,,1|(1198,386)| 10,62,Count,951,168,32,10,8,2,0,35,-1,0,0,0,128-128-128,0-0-0,Arial|10|B|0-0-255 1,63,62,9,0,0,0,0,0,64,0,-1--1--1,,1|(929,193)| 10,64,MX2,1053,159,17,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,65,64,11,0,0,0,0,0,0,0,-1--1--1,,1|(1030,193)| 10,66,SumX2,1077,106,26,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,67,66,64,0,0,0,0,0,0,0,-1--1--1,,1|(1068,126)| 10,68,dt,1180,106,18,10,8,2,0,35,-1,0,0,0,128-128-128,0-0-0,Arial|10|B|0-0-255 1,69,68,66,0,0,0,0,0,64,0,-1--1--1,,1|(1139,106)| 10,70,Xi,1153,64,17,10,8,2,0,35,-1,0,0,0,128-128-128,0-0-0,Arial|10|B|0-0-255 1,71,70,66,0,0,0,0,0,64,0,-1--1--1,,1|(1121,81)| 10,72,M X,1087,210,23,10,8,2,0,35,-1,0,0,0,128-128-128,0-0-0,Arial|10|B|0-0-255 1,73,72,11,0,0,0,0,0,64,0,-1--1--1,,1|(1044,224)| 10,74,Count,1137,149,32,10,8,2,0,35,-1,0,0,0,128-128-128,0-0-0,Arial|10|B|0-0-255 1,75,74,64,0,0,0,0,0,64,0,-1--1--1,,1|(1094,153)| 10,76,MAPE,656,663,22,10,8,3,0,34,-1,0,0,0,0-0-0,0-0-0,Arial|10|B|255-0-0 10,77,MSE,1158,644,17,10,8,3,0,34,-1,0,0,0,0-0-0,0-0-0,Arial|10|B|255-0-0 10,78,RMSE,969,713,20,10,8,3,0,34,-1,0,0,0,0-0-0,0-0-0,Arial|10|B|255-0-0 10,79,Residuals,504,609,34,10,8,3,0,34,-1,0,0,0,0-0-0,0-0-0,Arial|10|B|255-0-0 10,80,Yi,421,570,17,10,8,2,0,35,-1,0,0,0,128-128-128,0-0-0,Arial|10|B|0-0-255 10,81,Xi,422,633,17,10,8,2,0,35,-1,0,0,0,128-128-128,0-0-0,Arial|10|B|0-0-255 1,82,80,79,0,0,0,0,0,64,0,-1--1--1,,1|(453,584)| 1,83,81,79,0,0,0,0,0,64,0,-1--1--1,,1|(447,625)| 1,84,77,78,0,0,0,0,0,0,0,-1--1--1,,1|(1071,675)| 10,85,dif cov,1006,570,25,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,86,85,77,0,0,0,0,0,0,0,-1--1--1,,1|(1077,604)| 10,87,dif mea,1246,570,28,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,88,87,77,0,0,0,0,0,0,0,-1--1--1,,1|(1207,602)| 10,89,dif var,1151,569,23,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,90,89,77,0,0,0,0,0,0,0,-1--1--1,,1|(1153,599)| 10,91,Sx,1078,565,19,10,8,2,0,35,-1,0,0,0,128-128-128,0-0-0,Arial|10|B|0-0-255 10,92,Sy,1073,502,19,10,8,2,0,35,-1,0,0,0,128-128-128,0-0-0,Arial|10|B|0-0-255 1,93,91,89,0,0,0,0,0,64,0,-1--1--1,,1|(1105,566)| 1,94,92,89,0,0,0,0,0,64,0,-1--1--1,,1|(1106,530)| 10,95,r,948,499,14,10,8,2,0,35,-1,0,0,0,128-128-128,0-0-0,Arial|10|B|0-0-255 1,96,95,85,0,0,0,0,0,64,0,-1--1--1,,1|(972,529)| 1,97,92,85,0,0,0,0,0,64,0,-1--1--1,,1|(1044,531)| 1,98,91,85,0,0,0,0,0,64,0,-1--1--1,,1|(1051,566)| 10,99,M X,1179,505,23,10,8,2,0,35,-1,0,0,0,128-128-128,0-0-0,Arial|10|B|0-0-255 10,100,M Y,1190,509,23,10,8,2,0,35,-1,0,0,0,128-128-128,0-0-0,Arial|10|B|0-0-255 1,101,99,87,0,0,0,0,0,64,0,-1--1--1,,1|(1206,532)| 1,102,100,87,0,0,0,0,0,64,0,-1--1--1,,1|(1212,534)| 10,103,Sum APE,601,586,35,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,104,103,76,0,0,0,0,0,0,0,-1--1--1,,1|(624,618)| 10,105,Count,714,593,32,10,8,2,0,35,-1,0,0,0,128-128-128,0-0-0,Arial|10|B|255-0-0 1,106,105,76,0,0,0,0,0,64,0,-1--1--1,,1|(689,622)| 10,107,Xi,709,508,17,10,8,2,0,35,-1,0,0,0,128-128-128,0-0-0,Arial|10|B|0-0-255 10,108,Yi,709,465,17,10,8,2,0,35,-1,0,0,0,128-128-128,0-0-0,Arial|10|B|0-0-255 1,109,107,103,0,0,0,0,0,64,0,-1--1--1,,1|(660,542)| 1,110,108,103,0,0,0,0,0,64,0,-1--1--1,,1|(659,520)| 10,111,dt,709,551,18,10,8,2,0,35,-1,0,0,0,128-128-128,0-0-0,Arial|10|B|0-0-255 1,112,111,103,0,0,0,0,0,64,0,-1--1--1,,1|(667,563)| 10,113,MAE over Mean,797,667,56,10,8,3,0,34,-1,0,0,0,0-0-0,0-0-0,Arial|10|B|255-0-0 10,114,Sum AE,820,583,30,10,8,3,0,32,-1,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,115,114,113,0,0,0,0,0,0,0,-1--1--1,,1|(810,618)| 1,116,105,113,0,0,0,0,0,64,0,-1--1--1,,1|(749,625)| 1,117,111,114,0,0,0,0,0,64,0,-1--1--1,,1|(751,563)| 1,118,107,114,0,0,0,0,0,64,0,-1--1--1,,1|(758,541)| 1,119,108,114,0,0,0,0,0,64,0,-1--1--1,,1|(759,518)| 10,120,Uc,458,756,10,10,8,3,0,34,-1,0,0,0,128-128-128,0-0-0,Arial|10|B|255-0-0 10,121,Um,458,685,13,10,8,3,0,34,-1,0,0,0,128-128-128,0-0-0,Arial|10|B|255-0-0 10,122,Us,458,722,10,10,8,3,0,34,-1,0,0,0,128-128-128,0-0-0,Arial|10|B|255-0-0 10,123,dif mea,349,683,37,10,8,2,0,35,-1,0,0,0,128-128-128,0-0-0,Arial|10|B|0-0-255 10,124,dif var,348,718,32,10,8,2,0,35,-1,0,0,0,128-128-128,0-0-0,Arial|10|B|0-0-255 10,125,dif cov,345,755,34,10,8,2,0,35,-1,0,0,0,128-128-128,0-0-0,Arial|10|B|0-0-255 10,126,MSE,569,721,26,10,8,2,0,35,-1,0,0,0,128-128-128,0-0-0,Arial|10|B|0-0-255 1,127,123,121,0,0,0,0,0,64,0,-1--1--1,,1|(408,683)| 1,128,124,122,0,0,0,0,0,64,0,-1--1--1,,1|(407,719)| 1,129,125,120,0,0,0,0,0,64,0,-1--1--1,,1|(406,755)| 1,130,126,121,0,0,0,0,0,64,0,-1--1--1,,1|(513,703)| 1,131,126,122,0,0,0,0,0,64,0,-1--1--1,,1|(512,721)| 1,132,126,120,0,0,0,0,0,64,0,-1--1--1,,1|(512,738)| 10,133,Start Time,399,231,48,10,8,3,0,32,0,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 10,134,End Time,399,278,39,10,8,3,0,32,0,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 10,135,Interval,399,323,40,10,8,3,0,32,0,0,0,0,0-0-0,0-0-0,Arial|12||0-0-0 1,136,133,22,0,0,0,0,0,64,0,-1--1--1,,1|(453,264)| 1,137,134,22,0,0,0,0,0,64,0,-1--1--1,,1|(463,292)| 1,138,135,22,0,0,0,0,0,64,0,-1--1--1,,1|(464,314)| 10,139,Time,519,232,29,10,8,2,0,35,-1,0,0,0,128-128-128,0-0-0,Arial|10|B|0-0-255 1,140,139,22,0,0,0,0,0,0,0,-1--1--1,,1|(519,262)| 10,141,M X,897,666,23,10,8,2,0,35,-1,0,0,0,128-128-128,0-0-0,Arial|10|B|0-0-255 1,142,141,113,0,0,0,0,0,64,0,-1--1--1,,1|(870,666)| 10,143,TIME STEP,626,316,52,10,8,2,0,35,-1,0,0,0,0-0-255,0-0-0,Arial|12||0-0-255 1,144,143,22,0,0,0,0,0,64,0,-1--1--1,,1|(562,310)| 1,145,143,18,0,0,0,0,0,64,0,-1--1--1,,1|(672,328)| 10,146,PR Production,328,101,62,19,8,130,0,35,-1,0,0,0,0-0-255,0-0-0,Arial|12||0-0-255 1,147,146,39,0,0,0,0,0,64,0,-1--1--1,,1|(404,111)| 10,148,NPDMND Natural Petroleum Demand,324,152,60,27,8,130,0,3,-1,0,0,0,0-0-255,0-0-0,|12||0-0-255 1,149,148,39,0,0,0,0,0,64,0,-1--1--1,,1|(401,134)| 10,150,npdmndh natural petroleum demand data,412,514,49,32,8,131,0,0,0,0,0,0 1,151,150,26,0,0,0,0,0,64,0,-1--1--1,,1|(458,473)| 10,152,priceh historical natural petroleum price,406,387,53,25,8,131,0,0,0,0,0,0 10,153,prh production historical,329,445,72,19,8,3,0,0,0,0,0,0 1,154,152,26,0,0,0,0,0,64,0,-1--1--1,,1|(453,419)| 1,155,153,26,0,0,0,0,0,64,0,-1--1--1,,1|(422,445)| 10,156,Time,530,491,26,11,8,2,0,3,-1,0,0,0,0-0-255,0-0-0,|12||0-0-255 1,157,156,26,0,0,0,0,0,64,0,-1--1--1,,1|(514,472)| 10,158,Price,385,54,27,11,8,2,0,3,-1,0,0,0,128-128-128,0-0-0,|12||128-128-128 1,159,158,39,0,0,0,0,0,64,0,-1--1--1,,1|(422,83)| 10,160,Actual World Petroleum Production,92,302,69,19,8,3,0,2,0,0,0,0,0-0-0,0-0-0,|12||0-0-128 10,161,Actual Real Petroleum Price,92,223,51,19,8,3,0,2,0,0,0,0,0-0-0,0-0-0,|12||0-0-128 10,162,Actual Proven Remaining Reserves,92,398,64,19,8,3,0,2,0,0,0,0,0-0-0,0-0-0,|12||0-0-128 10,163,Published URR,92,484,49,11,8,3,0,2,0,0,0,0,0-0-0,0-0-0,|12||0-0-128 12,164,0,95,90,70,39,8,132,0,24,-1,0,0,0,0-0-0,0-0-0,|14|B|0-0-0 Actual Historical Data (Imported from Excel) 10,165,Actual Gross World Economic Product,92,556,65,19,8,3,0,2,0,0,0,0,0-0-0,0-0-0,|12||0-0-128 ///---\\\ :GRAPH PRODUCTION_Simulated_vs._Actual :TITLE Production :SCALE :VAR PR Production :LINE-WIDTH 2 :VAR Actual World Petroleum Production :LINE-WIDTH 2 :GRAPH PRICE_Simulated_vs._Actual :TITLE Price :X-MAX 2100 :SCALE :VAR Price :LINE-WIDTH 2 :VAR Actual Real Petroleum Price :LINE-WIDTH 2 :GRAPH DEMAND_Simulated_vs._Dynamo :TITLE Simulated & Historic Demand :X-MAX 2000 :SCALE :VAR npdmnd natural petroleum demand :LINE-WIDTH 2 :VAR Historical[demand] :LINE-WIDTH 2 :GRAPH RESERVES_Simulated_vs._Actual :TITLE Simulated vs. Actual Estimated Proven Reserves Remaining :SCALE :VAR IR Identified Reserve :LINE-WIDTH 2 :VAR Actual Proven Remaining Reserves :LINE-WIDTH 2 :GRAPH URR_Simulated_vs._Actual :TITLE Estimated Ultimately Recoverable Resources Remaining :SCALE :VAR TDRR Total Discoverable Resources Remaining :LINE-WIDTH 2 :VAR Published URR :LINE-WIDTH 2 :GRAPH GWP_Simulated_vs._Actual :TITLE Simulated vs. Historic World Economic Product :SCALE :VAR World GDP :LINE-WIDTH 1 :VAR Actual Gross World Economic Product :LINE-WIDTH 3 :GRAPH Simulated_PRODUCTION_&_DEMAND :TITLE PRODUCTION_&_DEMAND :X-MAX 2100 :SCALE :VAR PR Production :LINE-WIDTH 2 :VAR SPR Synthetic Production :LINE-WIDTH 2 :VAR TPDMND Total Petroleum Demand :LINE-WIDTH 2 :GRAPH Simulated_CONV_vs._SYNTHETIC :TITLE Simulated Conventional vs. Synthetic Oil Production :X-MAX 2050 :SCALE :VAR pr production :LINE-WIDTH 2 :VAR SPR Synthetic Production :LINE-WIDTH 2 :GRAPH Simulated_PRODUCTION_&_DISCOVERY :TITLE Simulated Oil Production and Discovery :X-MAX 2100 :SCALE :VAR PR Production :LINE-WIDTH 2 :VAR AIR Addition to Identified Reserve :LINE-WIDTH 2 :GRAPH Simulated_RESERVES_&_UNDISCOVERED :TITLE RESERVES_&_UNDISCOVERED :SCALE :VAR Ur Undiscovered Resources :LINE-WIDTH 2 :VAR Ir Identified Reserve :LINE-WIDTH 2 :VAR trrr total recoverable resource remaining :LINE-WIDTH 2 :GRAPH TECHNOLOGY_&_YIELD :TITLE TECHNOLOGY_&_YIELD :SCALE :VAR fr fraction recoverable :Y-MAX 1 :VAR fd fraction discoverable :SCALE :VAR ye :Y-MAX 1200 :GRAPH PRICE_share :TITLE PRICE_share :X-MAX 2100 :SCALE :VAR simulated price :Y-MAX 90 :VAR apprc average petroleum price :SCALE :VAR npms natural petroleum market share :Y-MAX 1 :GRAPH USGS :TITLE USGS :SCALE :VAR geurr :LINE-WIDTH 2 :VAR g1 :LINE-WIDTH 2 :VAR g2 :LINE-WIDTH 2 :VAR g3 :LINE-WIDTH 2 :VAR gcumpr :LINE-WIDTH 2 :GRAPH USGS2 :TITLE USGS2 :SCALE :VAR gerrr :LINE-WIDTH 2 :VAR rrr :LINE-WIDTH 2 :GRAPH estimations :TITLE estimations :SCALE :VAR heurr :Y-MAX 4e+012 :LINE-WIDTH 2 :VAR geurr :LINE-WIDTH 2 :VAR Cumpr Cumulative Production :LINE-WIDTH 2 :GRAPH Max_and_Indicated_Price :TITLE Max and Indicated Price :SCALE :VAR Maximum Price :VAR Indicated Price :L<%^E!@ 1:JLL0524coflow.vdf 1:JLL0524.vdf 9:JLL0524coflow 22:$,Dollar,Dollars,$s 22:bbls,BBL 22:Day,Days 22:Hour,Hours 22:Month,Months 22:Person,People,Persons 22:Unit,Units 22:Week,Weeks 22:Year,Years 11:Tunable Parms.voc 12:Price.vpd 15:1,0,0,0,0,0 19:75,0 27:0, 4:Time 5:REV Revenue 24:1870 25:2125 26:2125 6:demand 6:price2 6:production