Description

Table of Contents

1. FOREWORD
2. SPECIMEN, FORM 601 COPAS-1968
3. GENERAL PROVISIONS
   1. Definitions
   2. Statements and Billings
   3. Advances and Payments by Non-Operators
   4. Adjustments
   5. Audits
   6. Approval by Non-Operators
4. DIRECT CHARGES
   1. Lease Rentals and Royalties
   2. Labor
   3. Employee Benefits
   4. Material
   5. Transportation
   6. Services
   7. Damages and Losses to Joint Property
   8. Legal Expense
   9. Taxes
   10. Insurance
   11. Other Expenditures
5. INDIRECT CHARGES
   1. District Expense, Administrative Overhead and Warehousing
   2. Combined Rates – Well Basis
   3. Combined Rates – Percentage Basis
   4. Application of Administrative Overhead or Combined Rates – Well Basis
   5. Application of Administrative Overhead or Combined Rates – Percentage Basis
   6. Major Construction Overhead
   7. Amendment of Rates
6. BASIS OF CHARGES TO JOINT ACCOUNT
   1. Purchases
   2. Material Furnished from Operator’s Warehouse or Other Properties
   3. Premium Prices
   4. Warranty of Material Furnished by Operator
   5. Equipment and Facilities Furnished by Operator
7. DISPOSAL OF MATERIAL
   1. Material Purchased by Operator or Non-Operators
   2. Division in Kind
   3. Sales to Outsiders
8. BASIS OF PRICING MATERIAL TRANSFERRED FROM JOINT ACCOUNT
9. INVENTORIES