skip to Main Content

AG-1 Well Cost Allocations and Adjustments

Provides a guide to an equitable basis for determination of values to be used with well cost adjustments required as a result of ownership changes occurring as a result of expansion or contraction of a unit, recompletion of a well, multiple completions, completion of a well in a zone of different ownership, or creation of a field wide or reservoir unit. 27 pages. Revised April 2003.

 

$100.00

Members receive 25% off webinars and 50% off publications.

AG-1 Well Cost Allocations and Adjustments

SKU AG-1 Categories ,

Description

Table of Contents

  1. Introduction
  2. New Well Cost Apportionments
    1. Allocation of Intangible Drilling Costs
    2. Allocation of Tangible Costs
    3. Surface Equipment
    4. Drilling Overhead
  3. Well Cost Adjustments and Other Payments – Existing Wellbores
    1. Intangible Drilling Costs
    2. Compensation for Surface and Subsurface Tangible Equipment
  4. Allocation of Operating Expenses
    1. Direct Operating Costs
    2. Indirect Operating Costs
  5. Workover Operations
    1. Allocation of Costs for Workover Operations
    2. Damages
  6. Abandonment
    1. Partial Abandonment-Non-Productive Formation
    2. Partial Abandonment after Completion of Well in Multiple Formations
    3. Abandonment in all Formations
  7. Conclusion

COPAS POLICIES: Complaints | Cancellation & Refund Policy

Additional information

Weight 2.0800000018342 oz
Dimensions 11 × 8.25 × 0.025 in
Testimonials

Networking is so important. It will help with your job and career, and you will gain knowledge you can’t get sitting at a desk. The people in COPAS have mentored me, answered questions for me, and genuinely cared about me and my family.

Melissa Gruenewald
Rating: 5

COPAS has great learning opportunities, leadership opportunities, and ways to develop relationships with other accountants and oil and gas professionals. You will work hard when you get involved, but the experiences, people and benefits will be worth it.

Melissa Gruenewald
Rating: 5

For anyone searching for energy knowledge, professional industry contacts, peers with whom to discuss similar dilemmas, and access to energy experts—COPAS is the place to be!

Carolyn Sczepanski
Rating: 5
Get Updates

OUR MISSION

COPAS provides expertise for the oil and gas industry through the development of Model Form Accounting Procedures, publications, and education. We are a forum for the active exchange of ideas which result in innovative business and accounting solutions.

COPAS

P.O. Box 21272
Wichita, KS 67208
Tel: 303-300-1131

Contact Us →

CONNECT WITH US

OUR MISSION

COPAS provides expertise for the oil and gas industry through the development of Model Form Accounting Procedures, publications, and education. We are a forum for the active exchange of ideas which result in innovative business and accounting solutions.

COPAS

P.O. Box 21272
Wichita, KS 67208
Tel: 303-300-1131

Contact Us →

CONNECT WITH US

Back To Top
Search