Hi occam, Thanks for your comments.I'm not sure that NGL'S are...

Hi occam,
Thanks for your comments.I'm not sure that NGL'S are worth more than oil but maybe they are here. My research indicated that NGL's into (US)market were $70 -90/barrel (company A). Company B quoted an average return of 70% of oil price, so I erred on the conservative side.
I guess the difference is in the content of the NGL's. I attributed $14 to NGL in ground, to reflect the 70% of oil price/$20barrel oil inground.

As you say we have Tapis quality crude and that fetches top dollar, so I am happy to work with your $30/barrel/inground oil.
Are you also saying you would attribute $30/bbl to total liquids inground, or just the oil?
Cheers
Paddy