& Finance homework help

All working must be shown
 
1. Estimate the MEA circulation rate and the sizes of absorber and stripper for an MEA sweetening plant for the following design  conditions:
– Inlet gas flow rate, Q = 110 MMscfd
– Inlet pressure = 550 psig
– Inlet temperature = 105 deg F
– Acid gas content:
H2S = 3.8 mole %
CO2 =2.9 mole %
– Inlet gas SG = 0.75
– CO2 in treated gas = 0.1 mole %
– H2S in treated gas = 0.25 grain/100scf
 
2. the working needs to be shown
In this assignment you will need to perform an analysis on a hypothetical discovery based on the following information:
 
Field Size:                                            1.4 Tcf
Production/Reserve Ratio            7% of the original field size starting producing year 3
Gas price:                                            $3.5/Mcf
CapEx:                                                  $1/Mcf capitalized in 5 years, straight-line depreciation
Operating Cost:                                 $0.8/Mcf
Royalty:                                                10%
Government Take:                          40%
Cost recovery limit:                         60% of gross revenue
Discount rate:                                    10%
Income tax rate:                               33%
Allow cost recovery carry forward.
 
1. Evaluate the discovery – you need to calculate the total worth, worth to the company, government take, value in terms of entitlement interest and working interest.
2. Evaluate the producing gas reserve – total worth, wor