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Home My WebLink About940728 RESOLUTION RE: THE BOARD OF EQUALIZATION, 1994, WELD COUNTY, COLORADO PETITION OF: HOLLAND KENNETH W & CECELIA E TRUSTEES & DREAMSHADOW CORP 28213 LOBROOK DRIVE RNCH PALOS VERD, CA 90274 DESCRIPTION OF PROPERTY: PIN: P 0008040 PARCEL: 003134000004 01 - HOLLAND #4 1485-A LEASEHOLD INT SW4SW4 34 12 57 WHEREAS, the Board of County Commissioners of Weld County, Colorado, organized as the Board of Equalization for the purpose of adjusting, equalizing, raising or lowering the assessment and valuation of real and personal property within Weld County, fixed and made by the County Assessor for the year 1994, and WHEREAS, said petition has been heard before the County Assessor and due Notice of Determination thereon has been given to the taxpayer(s) , and WHEREAS, the taxpayer(s) presented a petition of appeal of the County Assessor's valuation for the year 1994, claiming that the property described in such petition was assessed too high, as more specifically stated in said petition, and WHEREAS, said petitioner not being present, and WHEREAS, the Board has made its findings on the evidence, testimony and remonstrances and is now fully informed. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, acting as the Board of Equalization, that the evidence presented at the hearing clearly supported the value placed upon the Petitioner's property by the Weld County Assessor. Such evidence indicated the value was reasonable, equitable, and derived according to the methodologies, percentages, figures and formulas dictated to the Weld County Assessor by law. The assessment and valuation of the Weld County Assessor shall be, and hereby is, affirmed as follows: 940728 BSc 3o PC AS j fpIL Page 2 RE: BOE - HOLLAND KENNETH W & CECELIA E TRUSTEES & DREAMSHADOW CORP ORIGINAL Land $ Improvements OR Personal Property 12, 440 TOTAL ACTUAL VALUE $ 12,440 BE IT FURTHER RESOLVED that a denial of a petition, in whole or in part, by the Board of Equalization may be appealed by selecting one of the following three options: 1. Board of Assessment Appeals: You have the right to appeal the County Board of Equalization's (CBOE's) decision to the Board of Assessment Appeals (BAA) . Such hearing is the final hearing at which testimony, exhibits, or any other evidence may be introduced. If the decision of the BAA is further appealed to the Court of Appeals, only the record created at the BAA hearing shall be the basis for the Court's decision. No new evidence can be introduced at the Court of Appeals. (Section 39-8-108(10) , CRS) Appeals to the BAA must be made on forms furnished by the BAA, and should be mailed or delivered within thirty (30) days of denial by the CBOE to: Board of Assessment Appeals 1313 Sherman Street, Room 523 Denver, CO 80203 Phone: 866-5880 OR 2. District Court: You have the right to appeal the CBOE's decision to the District Court of the county wherein your property is located. New testimony, exhibits or any other evidence may be introduced at the District Court hearing. For filing requirements, please contact your attorney or the Clerk of the District Court. Further appeal of the District Court's decision is made to the Court of Appeals for a review of the record. (Section 39-8-108(1) , CRS) OR 940728 Page 3 RE: BOE - HOLLAND KENNETH W & CECELIA E TRUSTEES & DREAMSHADOW CORP 3. Binding Arbitration: You have the right to submit your case to arbitration. If you choose this option the arbitrator's decision is final and your right to appeal your current valuation ends. (Section 39-8-108.5, CRS) Selecting the Arbitrator: In order to pursue arbitration, you must notify the OBOE of your intent. You and the OBOE select an arbitrator from the official list of qualified people. If you cannot agree on an arbitrator, the District Court of the county in which the property is located will make the selection. Arbitration Hearing Procedure: Arbitration hearings are held within sixty days from the date the arbitrator is selected. Both you and the OBOE are entitled to participate. The hearings are informal. The arbitrator has the authority to issue subpoenas for witnesses, books, records, documents and other evidence. He also has the power to administer oaths, and all questions of law and fact shall be determined by him. The arbitration hearing may be confidential and closed to the public, upon mutual agreement. The arbitrator's written decision must be delivered to both parties personally or by registered mail within ten (10) days of the hearing. Such decision is final and not subject to review. Fees and Expenses: The arbitrator's fees and expenses are agreed upon by you and the OBOE. In the case of residential real property, such fees and expenses cannot exceed $150.00 per case. The arbitrator's fees and expenses, not including counsel fees, are to be paid as provided in the decision. 940728 Page 4 RE: BOE - HOLLAND KENNETH W & CECELIA E TRUSTEES & DREAMSHADOW CORP The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 28th day of July, A.D. , 1994. !! 1 BOARD OF COUNTY COMMISSIONERS ATTEST:/ /t �///G� WELD COUNTY,pi,C\OL/p9RADO Weld County Clerk to the Board 4' : / (7_ �..Y' W. bster, C i man /////BY: 44_,0_,/, a Deputy Clerk to the Boardlc Dale LK. Hall, Pro-Tem y APPRO AS TO FORM: i 1. ,, c' IZ�,`Zel /deo A Baxter i / ounty Atto ey '--1--L---Copptance L. Harbert i A / ��Barbara J. Kirkmey x if 940728 BOE DECISION SHEET PIN It: P 0008040 PARCEL a/: 003134000004 01 HOLLAND KENNETH W & CECELIA E TRUSTEES & DREAMSHADOW CORP 28213 LOBROOK DRIVE RNCH PALOS VERD, CA 90274 HEARING DATE: July 28, 1994 TIME: 9:00 A.M. HEARING ATTENDED? (Y6) NAME: AGENT NAME: APPRAISER NAME: f2€_ _. „di i DECISION: DECREASE IN VALUATION INCREASE IN VALUATION NO CHANGE IN VALUATION ASSESSMENT RATIO ACTUAL VALUATION ORIGINAL SET BY BOARD Land $ $ Improvements OR Personal Property 12, 440 Total. Actual Value $ 12,440 $ COMMENTS: MOTION BY TV// TO ��i ° I->9) Z/ '1/'C SECONDED BY ,/ /� Baxter -- 01N) } Hall -- (ON) -C_ Failed to prove appropriate value Harbert N) No comparables given /// ,je4 L?4:: Kirkmeyer -- Y N) / Other: . /2/47 R- a... Webster --ON) ` n _ ,co rtG-ca r:, s, / 5min4.7 tterf CV RESOLUTION NO. 940728 7OFFICE OF COUNTY ASSESSOR 1400 NORTH 17th AVE. GREELEY,COLORADO 80631 ( N0TI GE OF DENIAL PHONE (303) 353-3845, EXT. 3656 Wi I HOLLAND S4 -` 1485—A LEASEHOLD IN! SM45W4 34 12 57 COLORADO c r 1}1-1rn r'a , C) OWNER HOLLAND KEhNE IH tq E CECELIA E TRt TEE 9i. : -—1 r) HOLLAND KENNETH W z CECELIA E TRUSTEES I. PARCEL 01.131.1400dte04 01 DREAMSHA DOW CORP PIN P UUUdu4O 28213 LOBROOK DRIVE YEAR 19914 RNCH PALOS VERD CA 90274 LOG 00004 06/22/1944 The appraised value of property is based on the appropriate consideration of the approaches to value required by law.The Assessor has determined that your property should be included in the following category(ies): RESIDENTIAL PROPERTY IS VALUED BY CONS'DEAL FG THE MARKLI MPPRCACH. AGRICULTURAL LAND VALUE IS DETERMINED SOLELY BY THE EARNING UR PRODUCTIVE CAPACITY OF THE LAND, CAPITALIZED AT A RATE SET BY LAM. ALL OTHER PROPERTY, INCLUDING VACANT LAND, IS VALUED a CONSIDERING THE COST, MARKET, AND INCOME APPROACHES. If your concern is the amount of your property tax, local taxing authorities (county, city, fire protection, and other special districts) hold budget hearings in the fall. Please refer to your tax bill or ask your Assessor for a listing of these districts,and plan to attend these budget hearings. The Assessor has carefully studied all available information, giving particular attention to the specifics included on your protest and has deter- mined the valuation(s) assigned to your property.The reasons for this determination of value are: YOUR PERSONAL PROPERTY HAS BEEN VALUED IN ACCORDANCE WITH COLORADO LAW AND INSTRUCTIONS PUBLISHED BY THE STATE DIVISION OF PROPERTY TAXATION. OTHER PERSONAL PROPERTY, SIMILAR IN NATURE, HAS ueEN CONSISTENTLY VALUED USING THE SANE STATUTORY METHODS. PETITIONER'S ASSESSOR'S VALUATION PROPERTY CLASSIFICATION ESTIMATE ACTUAL VALUE ACTUAL VALUE OF VALUE PRIOR TO REVIEW AFTER REVIEW PERSONAL PROPERTY ,••,.. 12, 440 12•440 TOTALS $ $ 11,44O $ t2 ,440 If you disagree with the Assessor's decision,you have the right to appeal to the County Board of Equalization for further consideration, 39-8-106(1)(a),C.R.S. Please see the back of this form for detailed information on filing your appeal. By: WARREN L. LASELL 00/23/94 WELD COUNTY ASSESSOR (1 Lt i3-� (?J -'15-DPT-AR i DATE 940728 1 Form PR-207.87/94 ADDITIONAL INFORMATION ON REVERSE SIDE 5555. 5555. 5555. C I F. pf . P c ,.', 55''55'-.' ' a. ,' '•'7 ' , u -5.}55':5 , ..fi4 114 :ird i !_ ! "rY ,_i•..5'. ,. .. .. .. 5555 .:_ •... •. l t. .. _ .. e T!me Ina ofacF et . . n-;nrIno sour ( S r.r', "'4- .P a t+ , _ i 5 t'o r. p•1, e ..:r.,- v:n S .rl ma <so' a 5 r 'i5'' 041 13. c .T 1.3Ad-'alt; li i Oet $'Q,:1! %C"oti_aY$J. vilio A,.t In;PsrtV , ,,t tr 4.4'`0 -d".1 tdr' t, :aro, ,. _quaiiZ toot fi a rot( -irfitLa(t c: =.w . *,a44u1'..-4 ' Yt h'�r7 it5{�Y. ut niia�. -i... ,y7 , _ Oi:'.sirtt.;'x Lo:k 44^.4 4r Psi: S.A.X". Y i , a _r r 0.. . � , . ,. AECi .:yiyt3l: >. _.. , I .. t i . A -•T :rtr 4: :._.r�r }v-, .qtr ;iy {G, r. pq1 , .•;;{:a. '•:_;r , Y.. . . . .� .., y ..s i s i 7< .d° %� .,. 6p5r i1C el..F.5' _. . Jal e:.. »� .`3'.iwt_. 14 Mir! h :�:i0.f+ 5.G, y ,. t ,JC ..3 C0EREFCN VII ""t+,.,,,, -1.,1 1r; '_; ,'I. r;' '.` •.,., 5''5,5 5 fa .. .. Assessors comment regarding my protest of the 1994 assesses value of Junk/Salvage personal Property - he was following the law 'artd instructions of State Division of Property Taxation. I can not believe such state laws and instructions made the assessor increase my junk personal property 36% over the previous year along with all other such property in the State - that is exactly what his comments say. Therefore, please review the data in the attached letter before arriving at a decision. f" z / � r -A-F 1 a' !'. 5555 .940128 Vµ eR V a 1 wur D rrmerry A & A APPRAISAL COMPANY 28213 LOBROOK DRIVE RANCHO PALOS VERDES CA 90274(2131 544-2515 July 4, 1994 WELD COUNTY BOARD OF EQUALIZATION 915 10th Street - PO Box 758 Greeley, Colorado 80632 SUBJECT; appeal of 1994 Assessed Value of Personal Property, Holland #4, (now shut in) 1485A Leasehold Int., SW4SW44 34 12 57. Prior year value $9,133, current year assessed value $ 12,440 - an increase of $3,307. Either there has been an error in this assessment or the party making this assessment is unaware of the current market for salvage/junk oil and gas personal property in the immediate and general area of the subject. Since the decrease in oil price, coupled with additional and/or proposed operating requirements, there exist little to no market for such salvage as that of the subject. In the evaluation of market value of such personal Property there are three accepted approaches to value - 1) Market Data Approach, 2) Income Approach and 3) the Cost Approach. All of these approaches were considered. INCOME APPROACH - this property has not produced any income for the past 3 years. The only way it could produce income would be through rental and/or relocation for production and there exist no market for rental in place or after relocation - Therefore, this approach has no reliability or validity in the valuation of the subject. COST APPROACH - here again we have A problem with 940728 © this approach. The age and past utility of the property have placed this property in a category of Salvage/Junk. In evaluation of such property the big problem exist in finding out what is salvage and what is junk. These facts can only be found out after spending many many thousands of dollars - it would cost more than $10,000 to remove the down hole property and another $2,000 dollars to test it - plus, when removing equipment from down hole, you never know just how much can be removed and what problems will be encountered in the removal thereof. Therefore, no one in their right mind would attempt this approach in arriving at a market value of such personal property as that of the subject. MARKET DATA APPROACH - this is the best approach in valuation of such properly as that of the subject. The market reflects offerings of $3,000 to $7,000 for similar leases to be shut-in by the buyer. The $7,000 offers fall in the best locations and with equipment in field run condition. The $3,000 offers are for leases to be shut-in similar to the subject. In 1992 a leasehold interest, 1/2 mile south of the subject sold for $7,500 - however oil was selling for $21-22 per BBL and most of the equipment was superior to that of the subject - for example - the sale had two 300 BBL, welded, storage tanks whereas the subject has an old bolted, with leaks, 500 BBL tank; the sale had a 6X20' treater with good treater house and the subject has no treater nor treater house; the sale had a good FM engine where the subject has an old stripped MM with no radiator, no electrical system, cracked oil pan and head; both had a 228D Pumping unit but the subject is in poor condition with a bad saddle bearing. Therefore, with required adjustments the top Market Value for the subject would be: FIVE THOUSAND DOLLARS $5,000 Please take a field inspection of this personal property, a n d maybe you will not think it is worth as much as we do.agitia'ENNETH W. HOLLAND, C IEF APPR. A&A APPRAISAL CO. Owner 1/2 int. of subject Leasehold PP. 940728 . t5 44; DEPARTMENT OF FINANCE AND ADMINISTRATION PHONE(303)356-4000 4218 P.O..BOX BOX 7 758 ik. GREELEY,COLORADO 80632 COLORADO July 19, 1994 Parcel No. : 003134000004 01 PIN No. : P 0008040 HOLLAND KENNETH W & CECELIA E TRUSTEES & DREAMSHADOW CORP 28213 LOBROOK DRIVE RNCH PALOS VERD, CA 90274 Dear Petitioner(s) : The Weld County Board of Equalization has set a date of Thursday, July 28, 1994, at or about the hour of 9: 00 A.M. , to hold a hearing on your valuation for assessment. This hearing will be held at the Weld County Centennial Center, 915 10th Street, Greeley, Colorado, in the First Floor Hearing Room. You have a right to attend this hearing and present evidence in support of your petition. The Weld County Assessor will be present before the Board. The Board will make their decision on the basis of the record made at the aforementioned hearing, as well as your petition, so it would be in your interest to have a representative present. If you plan to be represented by an agent or an attorney at your hearing, prior to the hearing you shall provide, in writing to the Clerk to the Board's Office, an authorization for the agent or attorney to represent you. If you do not choose to attend this hearing, a decision will still be made by the Board by the close of business on August 5, 1994, and mailed to you on or before August 10, 1994. Because of the volume of cases before the Board of Equalization, all cases shall be limited to 15 minutes. Also due to volume, cases cannot be rescheduled. It is imperative that you provide evidence to support your position. This may include evidence that similar homes in your area are valued less than yours or you are being assessed on improvements you do not have. Please note: The fact that your valuation has increased cannot be your sole basis of appeal. Without documented evidence as indicated above, the Board will have no choice but to deny your appeal. 940728 HOLLAND KENNETH W & CECELIA E TRUSTEES & - P 0008040 Page 2 At least two (2) working days prior to your hearing the Assessor will have available, at your request, the data supporting his valuation of your property. Please advise me if you decide not to keep your appointment as scheduled. If you need any additional information, please call me at your convenience. Very truly yours, ASh RD OF EQUALIZATION Donald D. Warden, Clerk to the Board / BY: iC�-y l b e� // knmbererlee A. Schuett, Deputy cc: Warren Lasell, Assessor 940728 15 OPT-AS Fort DS-658 51 94 State of Colorado OIL AND GAS 19 94 MAIL To WELD COUNTY ASSESSOR REAL AND PERSONAL PROPERTY Assessment Date Due Date 1400 N.17th Phone:(303)353.38451ey,co 80631 DECLARATION SCHEDULE January 1 April 15 CONFIDENTIAL DATA (One Well per Schedule) YOU MUST FILE EVERY YEAR REGARDLESS IF ANY ADDITIONS OR DELETIONS WERE MADE B.A.CODE 51 311 T.A.CODE 1100 PARCEL NUMBER&SEO,,iiit b.,31- 4OO0-004` O1 OIL PIN NBR 0O08786 PERS PIN NBR 0008040701 t"` "'7 r - L.JJt�j CHANGE OF NAME AND/OR ADDRESS of rr A. NAME AND ADDRESS(INDICATE ANY CHANGES) I �, l.I� F�s i��.,��:�� i HOLLAND AL EST y See Attached % KENNETH HOLLAND FEB �� :p 28213 LOBROOK DRIVE �" T RAN PALOS VERO p CA 90274 GREELEY,CO B. STATUS OF PROPERTY PROPERTY LOCATION OR LEGAL DESCRIPTION: NAME AND ADDRESS OF PREVIOUS OWNER(S) 1485-A LEASEHOLD INT S#Ii4SW4 34 12 57 Alvin B. Holland 105 .E 9th St (PO Box 775) Kimball , NE 69145 LEASE NAME OR DESCRIPTION: HOLLAND_ - FIELD NAME: E { LL NAME AND NUMBER: Is this your first Return? AYES __NO APIl COGCC.e: • DATE WELL COMPLETED: 05123999999 —New Well .X_Newowner(s) C. PRODUCTION REPORT FOR THE PREVIOUS YEAR- Check valuation method used. ,Actual Wellhead Price _Unrelated Party Netback(Producer) Comparable Price Used to Value PROCESSOR'S Leasehold —Comparable Price Used to Value PRODUCER'S Leasehold _Related Party Netback(Producer/Processor) Ct.PRIMARY PRODUCTION —ATTACH REPORT OF TIK OWNERS 8 %I$ 'FOR ASSESSOR'S USE ONLY UNIT TOTAL PRODUCED: FLARED,VENTED, A.SOLD OR B.TOTAL VALUE ALLOWED (SHOULD RECONCILE OR USED ON THE TRANSPORTED RECEIVED FOR - FOYALTY ACTUAL , TO COGCC FORM) LEASE FROM LEASE THE WELL SITE* ,�' 'I' EXCLUSION VALUE • 1 BBL 0 0 0 0 MCF t 0 0 0 0 Box"B'Divided by Box'A'_ -_g per BBL ox'B'Divided by Box'A"_ $per MCF, TOTALS 'Total Value may be compared to COGCC form 8 reported totals.Gas Volume reported at 14.73 PSI-industry standard,contact COGCC It pressure is different., . • .. C2.SECONDARY PRODUCTION "'ATTACH REPORT OF TIK OWNERS L %I5 FOR ASSESSOR'S USE ONLY ' UNIT TOTAL PRODUCED: FLARED,VENTED, A.SOLD OR B.TOTAL VALUE' ALLOWED• (SHOULD RECONCILE OR USED ON THE TRANSPORTED RECEIVED FOR FOYALTY ACTUAL TO COGCC FOIiMI LEASE FROM LEASE THE WELL SITE' EXCLUSION VALUE • , • .BBL 0 0 0 0 MCF 0 • • 0 0 0 Sox'B"Divided by Box'A'= 0 gy per BBL — Box'B'Divided by Box'A'_ 0 S per MCF, TOTALS 'Total Value may be compared to COGCC form 8 reported totals.Gas Volume reported at 14.73 PSI-Ind,:ct,v,tnndo,d,contact COGCC if pressure is different. — • le fractional interest owned by the Federal Government,the State of Current owners of the Holland #4 Lease, personal tcils,or other government organizations within the State of Colorado. and real property of said lease: Royalty%Exempt From Taxation 50% interest in and to all property - DREAMSHADOW Corp. 4874 Hwy. 97 North - Klamath Falls, OR 97624 ;of oil and gas products.Attach separate sheet it necessary. 50% interest in and to all property - Kenneth W. & Cecelia E. Holland Trustees of the Kenneth W. & Cecelia E. Holland TO AUDIT Declaration of Trust, 1 2,3,93 ipanying exhibits or statements, has been examined by me and to the best of my owned by me or in my possession,or under my control, located In this county in 28213 Lobrook Drive id its value fairly represented;and that no attempt has been made to mislead the Rancho Palos Verdes, CA 90274 (310) Above are the Heirs -Co the Alvin Holland Estate DATE ?/10/94 PHONE541_4?50 and probate has closed and property d•i'str- NAME OF OWNER c—‘‘), � i buted A BEFORE APRIL 15(INSTRUCTIONS ON OTHER SIDE) \\,34\.1:'i�fk' RETL940 28 15 DPT-AS Form DS-658 61 94 State of Colorado OIL AND GAS 19 MAIL To WELD COUNTY ASSESSOR REAL AND PERSONAL PROPERTY Assessment Date{ Due Date Phone: 1400 N.(303)35317th Ave,-ea5 ey,co 80631 DECLARATION SCHEDULE January 1 April 15 CONFIDENTIAL DATA (One Well per Schedule) YOU MUST FILE EVERY YEAR REGARDLESS IF ANY ADDITIONS OR DELETIONS WERE MADE B.A.CODE 51311 T.A.CODE 1100 PARCEL NUMBER&SEO 003134000004 01 OIL PIN NBR 0008786 PERSPINNBR 0008040-701 A. NAME AND ADDRESS(INDICATE ANY CHANGES) r{��I.77^'''-'11-.."'",-.21r �"{"Q?r'j ^ y(5 CHANGE OF NAME AND/OR ADDRESS r HOLLAND AL EST 11:21M x.j r 1 'VI f 1 See Attached % KENNETH HOLLAND : _. 28213 LOBROOK DRIVE 4� d 1994 RAN PALOS VERD A CA 90274 GREELEY,co B. STATUS OF PROPERTY PROPERTY LOCATION OR LEGAL DESCRIPTION! NAME AND ADDRESS OF PREVIOUS OWNER(S) 1485-A LEASEHOLD INT S14SW4 .34 12 57 Alvin B. Holland . 105 E. 9th Street Kimball , NE 69145 LEASE NAME OR DESCRIPTION: FIELD NAME: HaL LW.Ett)VAME-AIL7�`DNUMBER: Is this your first Return? &YES __NO API# COGCC#: DATE WELL COMPLETED: 05123999999 —New Well _)(.Newowner(s) C. EQUIPMENT INVENTORY LISTING Cl.WELL CHARACTERISTICS Arklik se I Qm l�'Stx BASIN NAME nFAIUFR-J III FSRURG .11).....1) DEPTH 6722 CLASS(checkone):_XOtL __GAS .........COALSEAM GAS C2.METHOD OF PRODUCTION-Check where applicable.AK.A1X1CIOXXXIX INXTXIXXXX X SECONDARY WELL TYPE: _SUPPLY .___DISPOSAL_ CO2 INJECTION _WATER INJECTION TANKS INSTALLED:,INSTALLEDL& ON SITE • COMMON TANK BATTERY METHOD OF LIFT:_FLOWING PUMPING PLUNGER LIFT MOTOR TYPE:,_XGAS __ ELECTRIC _ESP(electric submersible pump) C3.INSTALLED EQUIPMENT-Indicate the number of each on location. OVERALL EQUIPMENT CONDITION(CHECK ONE):_VERY GOOD AVERAGE xMINIMUM COUNT OF:—L_#TANKS #TANKS IN COMMON TANK BATTERY #PRODUCTION UNIT(S) #SEPARATOR(5) #HEATER TREATER(S) #DEHYDRATOR(S) Based on year of manufacture,check the average age of installed wellsite equipment. 30 I Years Has any installed well site equipment undergone a major overhaul In the last three years? NO_YES If yes,please describe the equipment,the type of overhaul,and the additional years of productive life added to the equipment.Attach separate sheet if necessary. ' DESCRIPTION OF EQUIPMENT DESCRIPTION OF MAJOR OVERHAUL YEARS ADDED C4.AMOUNTS OF PRODUCTION • OIL 0 BBL GAS 0 MCF WATER C) BBL DAYS CAPABLE OF PRODUCTION_ STRIPPER WELL? _Yes_No WAS-Shutin for " C5.ADDITIONAL INSTALLED EQUIPMENT-Indicate the number of each on location.(Attach additional itemized listing it needed) past 3 years no EQUIPMENT DESCRIPTION(includes large and small Radio Telemetry Units.Cathodic Protection Units with Rectifier or Solar Panels,Gas Meter Runs,In-line Heaters, QUANTITY wore prow)o n. Lacl Units,Chemical Pumps,Recycle Pumps,and Gas aupoter Use Compressor 15.30 HP) (1� 1 MIN _AVG VGD ._.. 11.None1� �`��1‘� MIN _.AVG _VGD _MW _AVG —.—VGD C6.STORED EQUIPMENT-(Attach additional itemized listing if needed) EQUIPMENT DESCRIPTION CONDITION MAKE MODEL SIZE OR FOOTAGE YEAR MFG. _MIN _AVG ,-VGD None _dIN _AVG _VGD ._MIN .AVG ._VGD D. LEASED, LOANED, OR RENTED PROPERTY(Declare property owned by others or attach separate sheet.) . NAME AND ADDRESS OF OWNEFVLESSOR, •.. DESCRIPTION MODEL/SERIAL NO. TERM(From-To) ANNUAL RENT None DECLARATION . THIS RETURN IS SUBJECT TO AUDIT "I declare under penalty of perjury in the second degree,that this schedule,together with any accompanying exhibits or statements,has been examined by me and to the best of my knowledge, information,and belief,sets forth a full and complete list of all taxable personal property owned by me or in my possession,or under my control,located in this county In Colorado on the assessment date of this year;that such property has been reasonably describ nd its value fairly represented;and that no attempt has been made to mislead the assessor as to Its age,quality,quantity or value.'39-5.107(2 C SIGNATURE OF OWNER OR AG T Asl 31 0 ) DATE 2/l 0/94 PHONE 5�1-4?50 PRINT NAME OF PERSON SIGNiNG� en t �, NAME OF OWNER _ PLEASE COMPLETE, SIGN,AND RETURN TO THE ASSESSOR ON OR BEFORE APRIL 15(INSTRUCTIONS la E) RVL>A �Y ASSMT YR: 1994 PERSONAL PROPERTY UPDATE ATIUP028 PIN: 0008040 ACTIVE ON: 12/02/1986 TAX AREA: 1100 1993 . 071224 INACTIVE ON: / / BUS CODE: 51311 HOLLAND KENNETH W & CECELIA E TRUSTEES & DATE: VALUATION: 28213 LOBROOK DRIVE ASSD 02/25/1994 3610 RNCH PALOS VERD CA 90274 LAST NOV 06/10/1994 3610 LS YR 12/21/1993 2650 ACT 02/25/1994 0 LAST UPD 02/25/1994 027 NBR DIR NAME TYPE FROM TO CTY ST CO ZIP 00000 LOCATION 1485-A LEASEHOLD INT SW4SW4 34 12 5'7 PARCEL 003134000004 01 PHONE APPRASISED BY: ON MMDDYYYY DS FILED 02141994 LEASE: HOLLAND #4 PF2:UPDATE PF3:GRID FACTORS PF4:ASSD VALUE UPD F11:MENU MESSAGE: MBE a A 0--0001 04/014 • 940728 GRID VALUE FACTORS FOR ASSMT YR 1994 ATIUP293 OIL PIN 0008786 PARCEL 003134000004 01 PERS PIN 0008040 LINE 701 ELECTRONIC ID DSFILED 02141994 PRODUCTION TYPE (P,S) P API # 05123084500 DEPTH 6722 WELL CLASS (O,G,N ) 0 SECONDARY TYPE ( S,D,C,W,N) N TANKS (Y/N) Y TANK BATTERY (Y/N) N METHOD OF LIFT (F,P,L,N) P MOTOR TYPE (G,E,S,N) G CONDITION (M,A,V) M ( STRIPPER) TANKS 1 GAS PUNITS 0 SEPARATORS 0 HEATER TREATERS 0 DEHYDRATOR 0 PRODUCTION : OIL 1 GAS 0 WATER 0 OPERATING DAYS 1 FLOW RATE: 1. 00 .00 .00 LINE ABST TABLE CY RCNLD BY FACTOR BY RCNLD 701 7410 GP OIL W/T 12566 99 12440 PF2:UPDATE PF5:DELETE PFB: BROWSE PF9:UPD EQUIP INVENTORY PF4:CLEAR FOR ADD PF7 :RESTART 701 PF10:RETURN PF12:OIL PRODUCTION MESSAGE: MB■ a A o-0001 05/012 • 940728 Section VI, Page 6.23 Oil and Gas Equipment Market Value as of 1/1/94 D—J BASIN BASIC EQUIPMENT LISTS Total Value Pumping Oil Well with Tanks (Gas Engine) The basic equipment for a pumping oil well with oil storage tanks includes: Pumping Unit Sucker Rods to Depth Gas Engine Rod Pump Wellhead 300 Barrel Oil Storage Tanks with Stairway Heater Treater Flow lines — 600' Very Good Barrels 900 84108 86150 90091 800 84108 86150 88718 92519 700 67332 86150 88718 92519 600 59969 67051 86691 86817 92920 500 59969 60352 68797 86817 89245 95348 400 53968 60352 61785 70542 79795 91673 98827 101255 300 47458 48644 54805 56115 65754 67371 95152 97580 102633 200 43820 44896 45972 47048 48125 58735 62145 72705 74322 73839 102764 100 33307 34265 39554 40512 41470 42428 53810 59328 69109 68626 77643 3500 4000 4500 5000 5500 6000 6500 7000 7500 8000 8500 Average Depth Barrels 900 40018 40070 44837 800 40018 40070 40123 44890 700 34925 40070 40123 44890 600 27890 33928 39073 39020 43892 500 27890 27864 33980 39020 39073 43945 400 23585 27864 27916 34033 34085 39125 44260 44312 300 20992 21044 22840 22892 27166 27218 39545 39598 44365 200 18913 18965 19018 17170 17222 22997 23417 27691 27743 27428 39388 100 13453 13505 14177 14230 14282 14335 17695 21727 23522 23207 27481 3500 4000 4500 5000 5500 6000 6500 7000 7500 8000 8500 Minimum Depth Barrels 900 27235 26762 30191 800 27235 26762 26815 30243 700 23392 26762 26815 30243 600 17223 23444 26815 26867 30296 500 17223 17248 23497 26867 26920 30348 400 14036 17248 17301 23549 23602 26972 30401 30453 300 12766 12818 13700 13753 16971 17024 27025 27077 30506 200 10960 11012 11065 10340 10393 13858 13910 17129 17181 17234 27235 100 7222 7274 8072 8125 8177 8230 10498 %12566 13816 13868 17286 3500 4000 4500 5000 5500 6000 6500 7000 750d 8000 8500 Depth 15-DPT-AS PUB-ARL VQ9410721avised: 1-94 Hello