Exploring Ocean Energy Student

Page 37

Budget Calculations & Planning Form Block Number: ____________________

Company Name: ________________________

Company Name: ________________________

Investment Amount: $____________________

Investment Amount: $____________________

Company Name: ________________________

Company Name: ________________________

Investment Amount: $____________________

Investment Amount: $____________________

Total Investment Funds Available: $______________________________________________________

Bid Amount Minimum Bid: $________________________

Planned Bid: $_________________________

Monthly Rental Fees Years 1-5 Monthly Rental Fee = _________________ acres X $________________ = $_________________ /month Years 1-5 Rental Fee = $_________________ /month X 60 months = $_____________________

Years 6-10 Monthly Rental Fee = ________________ acres X $________________ = $_________________ /month Years 6-8 Rental Fee = $_______________ /month X 36 months = $__________________ Years 9-10 Rental Fee = $_______________ /month X 24 months = $__________________ Total rent to be paid: $_________________________________________

Exploratory Well Costs How many wells do you plan to drill? ____________________________

BOEM Permit Costs _____________________ X $ 10,000 = $______________________ Number of wells X cost per well permit = total permit costs

Š 2016 The NEED Project

8408 Kao Circle, Manassas, VA 20110

1.800.875.5029

www.NEED.org

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