MFI-30 1995 Model Form Accounting Procedure Interpretation
This document provides recommendations to aid in the interpretation and application of the 1995 Model Form so there can be a common ground of understanding in negotiations. Users will read detailed recommendations and explanations for all five major sections of the accounting procedure: General Provisions, Methods of Charges to the Joint Account, Costs Incurred on the Joint Property, Costs Incurred Off the Joint Property, Overhead, Material Purchases, Transfers & Dispositions, and Inventories & Controllable Material. It includes a comparison matrix between the 1995 Model Form and the 1984/1986 Model Forms. 65 pages. Pub. 1996.
$200.00
Description
Table of Contents
- FOREWORD
- MODEL FORM INTERPRETATION
- GENERAL PROVISIONS
- DEFINITIONS
- STATEMENTS AND BILLINGS
- ADVANCES AND PAYMENTS BY NON-OPERATORS
- ADJUSTMENTS
- EXPENDITURE AUDITS
- AFFILIATES
- APPROVAL BY PARTIES
- AMENDMENT OF RATES
- METHOD OF CHARGES TO JOINT ACCOUNT
- FIXED RATE
- COSTS
- COSTS INCURRED ON THE JOINT PROPERTY
- RENTALS AND ROYALTIES
- LABOR
- MATERIAL
- TRANSPORTATION
- SERVICES
- EQUIPMENT FURNISHED BY THE OPERATOR
- DAMAGES AND LOSSES TO JOINT PROPERTY
- TAXES AND PERMITS
- INSURANCE
- COMMUNICATIONS
- ECOLOGICAL AND ENVIRONMENTAL
- ABANDONMENT AND RECLAMATION
- COSTS INCURRED OFF THE JOINT PROPERTY
- FACILITIES
- ECOLOGICAL AND ENVIRONMENTAL
- LEGAL EXPENSE
- TRAINING
- ENGINEERING, DESIGN, AND DRAFTING
- OVERHEAD
- OVERHEAD—DRILLING AND PRODUCING OPERATIONS
- OVERHEAD—MAJOR CONSTRUCTION AND CATASTROPHES
- MATERIAL PURCHASES, TRANSFERS, AND DISPOSITIONS
- DIRECT PURCHASES
- TRANSFERS
- DISPOSITION OF SURPLUS
- SPECIAL PRICING PROVISIONS
- INVENTORIES OF CONTROLLABLE MATERIAL
- DIRECTED INVENTORIES
- NON-DIRECTED INVENTORIES
- GENERAL PROVISIONS
- COMPARISON MATRIX
COPAS POLICIES: Complaints | Cancellation & Refund Policy
Additional information
| Weight | 4.0000000035274 oz |
|---|---|
| Dimensions | 11 × 8.5 × 0.025 in |
| Format | Digital, Printed |
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