Government earn 8 75m new 175000bpd oil production

Let's break down the information:

• The government earns $8.75 million from new oil production.
• The new oil production is 175,000 barrels per day (bpd).

To calculate the revenue per barrel, we can divide the total revenue by the number of barrels produced:

$8,750,000 ÷ 175,000 bpd = $49.71 per barrel

So, the government earns approximately $49.71 per barrel from the new oil production.