Answer:
The amount of oil was decreasing at 69300 barrels, yearly
Explanation:
Given


Required
At what rate did oil decrease when 600000 barrels remain
To do this, we make use of the following notations
t = Time
A = Amount left in the well
So:

Where k represents the constant of proportionality

Multiply both sides by dt/A


Integrate both sides


Make A, the subject

i.e. At initial
So, we have:






Substitute
in


To solve for k;

i.e.

So:

Divide both sides by 1000000

Take natural logarithm (ln) of both sides


Solve for k



Recall that:

Where
= Rate
So, when

The rate is:


Hence, the amount of oil was decreasing at 69300 barrels, yearly