Gas Field Production Cost

Units:	Input: $/~ Output: $
Mode:	Input/Output
Multi-band:	True
Default Value:	0
Validation Rule:	Any Value
Key Property:	No
Description:	Incremental cost of extracting gas from the field

Input

As input Gas Field Production Cost is the incremental cost of extracting gas from the field and is charged against every unit of Production.

Output

As output Gas Field Production Cost is calculated as:

\begin{equation} \text{Production Cost} = \sum_{b \in \text{Bands}} \text{Production Cost}_{b}(\text{input}) \times \href{GasField.Production.html}{\text{Production}}_{b} \end{equation}

Note that Initial Inventory Price is included in the Production Cost input, so that LP evaluates a total price of keeping the gas inside vs releasing it.

Multi-band example:

For a detailed multi-band example using Production Cost, go to the Gas Field Production Volume page.

See also:

• Gas Field Fixed Costs