How to calculate GWI and NRI in just a well in a unit

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I am calculating first: GWI and NRI of a well.

Next, I am calculating GWI and NRI of all leases covering that well in a unit. Any pointers?

Also note that WI owners oftentimes in my case do not start out with 100% WI. Would the calculations be the same, regardless of the actual working interest amount? Thanks!

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Asked on December 21, 2016 3:11 PM
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