bbl/d is total fluid flow from the well. To get bopd you need to remove the produced water from the total.
In this case as water cut is 0.1% it works out that the water production is about 1 bbl/d. So production is about 685 bopd.
Based on USD65/bbl this is about USD44,500/day minus production costs and royalties. CVN's share of this should be 40% as part of the JV. A nice little earner in anyones book.
Cheers Jami
ns4 stabilised rate at 686 bbld., page-13
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