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Economic Benefits to Offshore Hydrocarbon Production Facility

Accumyn’s expert provided deposition testimony on the economic benefits to the owners of an offshore production facility pursuant to the False Claims Act, 31 U.S.C. § 3729(a)(1) and to an incident of noncompliance determined by the Bureau of Ocean Energy Management, Regulation and Enforcement.

Accumyn’s team analyzed historical production of hydrocarbons reported to the government for royalty purposes; historical costs of lease payments, royalty production payments, and capital additions; annual volumes summarized by resource and reserve category; and the operator’s standardized measure of discounted future net cash flows relating to proven oil and gas reserves.