Occidental Petroleum 2011 Annual Report Download - page 92
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STANDARDIZED MEASURE OF DISCOUNTED FUTURE NET CASH FLOWS
at december 31, 2011
$171,456$8,494$43,715$223,665
(69,404)(2,807)(8,926)(81,137)
(13,660)(689)(3,407)(17,756)
(26,175)(1,579)(15,374)(43,128)
Future net cash flows 62,217 3,419 16,008 81,644
(32,835)(1,415)(5,127)(39,377)
Standardized measure of discounted future net cash flows $29,382$2,004$10,881$42,267
at december 31, 2010
Future net cash flows
Standardized measure of discounted future net cash flows
at december 31, 2009
Future net cash flows
― ―
Standardized measure of discounted future net cash flows
CHANGES IN THE STANDARDIZED MEASURE OF DISCOUNTED FUTURE
NET CASH FLOWS FROM PROVED RESERVE QUANTITIES
2011
Beginning of year $32,737
(15,243)
20,325
6,152
(5,668)
(3,518)
5,797
4,014
(4,776)
3,220
(773)
Net change 9,530
End of year $42,267