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HomeMy WebLinkAbout920725.tiff RESOLUTION RE: THE BOARD OF EQUALIZATION, 1992, WELD COUNTY, COLORADO PETITION OF: TOP OPERATING COMPANY 410 17 ST STE 1120 DENVER, CO 80202 DESCRIPTION OF PROPERTY: PIN: P 0001380 PARCEL: 130930000056 05 - COUNTER 1 16218B-5 LEASEHOLD INT SW4SE4NE4 30 2 66 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 1992, 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 1992, claiming that the property described in such petition was assessed too high, as more specifically stated in said petition, and WHEREAS, said petitioner being represented by Murray Herring, President, 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. As such, this Board finds that the Petitioner failed to meet the burden of proving that the Assessor's valuation was incorrect. The assessment and valuation of the Weld County Assessor shall be, and hereby is, affirmed. 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: 920725 95 cc f°F T /T1 �2� ,Q-s Page 2 RE: BOE - TOP OPERATING COMPANY 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 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 CBOE of your intent. You and the CBOE 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. 920725 Page 3 RE: BOE - TOP OPERATING COMPANY Arbitration Hearing Procedure: Arbitration hearings are held within sixty days from the date the arbitrator is selected. Both you and the CBOE 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 CBOE. 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. The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 30th day of July, A.D. , 1992. 'n'e, /r ,,��A BOARD OF COUNTY COMMISSIONERS ATTEST: '��/! MGGZwvi! WELD COUNTY, COLORADO Y Weld County Clerk to the Board EXCUSED - DATE OF SIGNING (AYE) Geo ge Kennedy, Chairman By: /410 ‘iJi Deputy Clerk to the Board onstance L. Harbert, Pro-Tem APPROVED AS T FORM: a �� C. W. Kir y�i/> Assistant County Attorney Gord n c ,.Q W. H. Webster 920725 BOE DECISION SHEET PIN 4: P 0001380 PARCEL #: 130930000056 05 TOP OPERATING COMPANY 410 17 ST STE 1120 DENVER, CO 80202 HEARING DATE: July 30, 1992 TIME: 9:00 A.M. HEARING ATTENDED? )/N) NAME: f AGENT NAME: - /v�j� APPRAISER NAME: LLJ n 1�� . Gpi/ I ✓41� 1(�.-P�� DECISION: ! DECREASE IN VALUATION INCREASE IN VALUATION NO CHANGE IN VALUATION ASSESSMENT RATIO ACTUAL VALUATION ORIGINAL ADJUSTED Land $ $ Improvements OR Personal Property 5411 Total Actual Value $ 5411 $ L-- COMMENTS: MOTION BYJ -� TO '-L2. SECONDED BY Kirby -- (/N) Lacy -- N) Failed to meet burden of proof Webster N) Comparables inadequate Harbert ✓ Other: Kennedy --7&/N) RESOLUTION NO._ 920725 OFFICE OF COUNTY ASSESSOR 915 10th STREET I GREELEY,COLORADO 80631 NOTICE OF DENIAL PHONE(303) 356-4000, FXT.4256 win COUNTER 1 COLORADO• 1 +b2 188-5 LEASEHOLD INT S.1445F 4UE4 30 2 66 OWNER TOP OPERATING COMPANY TOP OPERATING COMPANY PARCEL 1 3093000005 0z.1 PIN P 0001380 41C 17 ST STE 112 ) YEAR 1992 DENVER CO d02C2 LOG COC21 O6/19/1992 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): ALL OT1~ER PROPERTY' INCLUDING VACANT LANDS IS VALUED BY 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 PEE.SONAL PROPERTY HAS LIEEN VALUED IN ACCORDANCE WITH COLORADO LAW AND INSTRUCTIONS PUBLISHED BY THE STATE DIVISION OF PROPERTY TAXATION* OTHER PERSONAL PROPERTY' SIMILAR IN NATURE' HAS BEEN CONSISTENTLY VALUED USING THE SAME STATUTORY METHODS. PROPERTY CLASSIFICATION PETITIONER'S ASSESSOR'S VALUATION ESTIMATE ACTUAL VALUE ACTUAL VALUE OF VALUE PRIOR TO REVIEW AFTER REVIEW PERSONAL PROPERTY 5,411 :11411 TOTALS $ If you disagree with the Assessor's decision,you have the right to appeal 5 s t I $ S!41 1 g 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:..y,�.•. ' b•VARREN L. LASELL 4.44 6/22/92 WELD COUNTY ASSESSOR DATE 15-DPT-AD ^ 1 Form PR-207-87/92 ADDITIONAL INFORMATION ON REVERSE SIDE 74"e,- t.)A /y{207 2. YOU HAVE T,..-:: RIGHT TO APPEAL THE ASSESS...r 'S DECISION The County Board of Equalization will sit to hear appeals beginning July 1 and continuing through August 10 for re: property (land and buildings) and personal property (furnishings, Machinery, and equipment). 39-8-104 and '39-3-107(2.) CRS..s APPEAL, PROCEDURES: =t -house to appeal the Assessor's decision, mail or deliver one copy of this completed form to the County Board of Equalization: To preserve your right to appeal, your appeal must be POSTMARKED OR DELIVERED ON OR BEFORE JULY 15, WELD COUNTY BOARD OF EQUALIZATION 915 10th Street, P.O. Box 758 Grrelev, Colorado 30632 Telephone (303) 356-4000, Ext. 4225 NOTIFICATION IFICATION OF HEARING: • You will be notih ed of the time and place set for the hearing of-your appeal. COUNTY BOARD OF EQUALIZATION'S DETERMINATION: lire Cou„iy Board of Equalization must make a decision on your appeal and mail you a determination within five business days. The County, Board must conclude their hearings by August 10. ,AXPAYER:RIGHTS FOR_FURTHER APPEALS: , • you are not sa:.i:sfied with the County Boar;.) of Equalization's decision,iyou,must file within thirty days of the ;::r:u.rnti Board of Equalizations written decis-'.'n with ONE of the following: Board of Assessment Appeals (BAA): Contact the BAA at 1313 Sherman, Room 315, Denver, Colorado 80203, (303) 866-5880. District Court: 9th Avenue and 9th Street, F.O. Box C Greeley, Colorado 80632 Telephone (303) 356-4000, Ext, 4520 • Arbitration: • WELD COUNTY BOARD.OF EQUALIZATION • 915 1 0th•Street, F.O. Box 758 - Greeley, Colorado 80632 Telephone (303) 356 4000, Ext. 4225 if you do not receive a determination from the County Board of Equalization,you must file an appeal with the Board of Assessment Appeals by September 18. TO PRESERVE YOUR APPEAL RIGHTS, YOU MUST PROVE YOU HAVE FILED A TIMELY APPEAL; THEREFORE, WE RECOMMEND ALL CORRESPONDENCE BE MAILED WITH PROOF OF MAILING. PETITION TO THE COUNTY BOARD OF EQUALIZATION ,n the space below, please explain why you disagree with the Assessor's valuation.Attach additional documents as necessary, -any c]r ^1 -.�. U ~3 , 134.x.,-,� C\✓`�-�+�-'C ``�`�-�._"`�+�, L�. A. Qy�_ w-Rx�C 'Las-c-q.X+-� el�'�1 .T.41. T',... I I T ICY�A.tlJw , L 'a` •Aar9r."Ititi —'^•. a` > ,L ."6 MCP/ SimNATtI G tjf PE.T'..^r: .:t DATE TOP OPERATING COMPANY 410 17TH STREET STE . 1120 DENVER , COLORADO 80202-4424 • 303-893- 9306 JUNE 30 , 1992 WELD COUNTY BOARD OF EQUALIZATION 915 10TH STREET P.O. BOX 758 GREELEY, COLORADO 80632 R E : PERSONAL P RO P E R T Y ASSESSMENT , PARCEL. 190930000050 PIN NO P-0001380 COUNTER *1 WELL WEI..13 COUNTY COLORADO LADIES AND GENTLEMEN; The Counter #1 well is a gas well located in the D-J Basin. The well is located on our Counter lease. This well like our Counter 1-AD well produces from the J-Sand at an in-hole depth of 7 ,850 feet . The Counter #1 well was completed in 1971 and the Counter 1-AD well was completed in 1981 . The Counter #1 well is valued by the Weld County Assessor' s Office at $5 , 411 . 00 . The Counter #1 AD was completed in 1981 and is valued at $1 , 404 .00 . The valua- tion of $1 , 404 . 00 for this well is line with other valuations in the area in accordance with Colorado Law and instructions pub- lished by the State Division of Property Taxation. The valuation for the Counter #1 well is not in accordance with Colorado Law and instructions published by the State Division of Property Taxation. I am appealing to the Weld County Board of Equalization to set the valuation for the Counter #1 well in accordance with Colorado Law and instructions from the Colorado Division of Property Taxation. This valuation should be approximately $1 , 250 . 00 . Yours truly, r t\Per ti g Compa 415 Murray J. Herring President 1 920725 CLERK TO THE BOARD P.O. BOX 758 1 GREELEY,COLORADO 80632 C. (303)356-1000 EXT.4225 COLORADO July 21, 1992 Parcel No. : 130930000056 05 PIN No. : P 0001380 TOP OPERATING COMPANY 410 17 ST STE 1120 DENVER, CO 80202 Dear Petitioner(s) : The Weld County Board of Equalization has set a date of Monday, July 30, 1992, 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 10, 1992, and mailed to you on or before August 16, 1992. 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. sec y 4. TOP OPERATING COMPANY - P 0001380 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, B RD OF EQU LIZA7ION 142;44 Donald D. Warden, Clerk to the Board / BY: / -t .i; �t5.J,C.;' //, cr-NT Carol A. Harding, Deputy cc: Warren Lasell, Assessor 920725 ia \ CLERK TO THE BOARD P.O. BOX 758 ' GREELEY,COLORADO 80632 pm)356-4000 EXT.4225 O COLORADO July 23, 1992 Parcel No. : 130930000056 05 PIN No. : P 0001380 TOP OPERATING COMPANY 410 17 ST STE 1120 DENVER, CO 80202 Dear Petitioner(s) : The Board of Equalization notification of hearing mailed to you earlier this week incorrectly listed your hearing as Monday, July 30, 1992. This is to notify you that the hearing is scheduled for Thursday, July 30, 1992 at the time stated on your first notice. We regret any inconvenience this may have caused you. Very truly yours, BOARD OFF EE/QUALIZATTJIIyON�� /0 Donald D. Warden, Clerk to the Board //�y BY: G . / Carol A. Harding, Deputy cc: Warren Lasell, Assessor 920725 915 10TH STREET :. OIL AND GAS r "'c' REAL AND PERSONAL PROPERTY GREEt:EYs 0 - 80b. = ' CLARATION"SCHEDU Assessment Date Due Date • W. L ` D E LE CONFIDENTIAL DATA April 15 ..... . . county. ,._.._..,... ... MAIL To couNTY ASSESSOR • ` . • YOU MUST FILE EVERY:YEAf ir ! -IONS OR .CODE T.A.CODE SCHEDULE NUMBER CHANGE OF NAME AN +' APP' 51311 082Q 0001380 t:wR U ( c.,-;c. A. NAME AND ADDRESS IINDICATE ANY CHANGES) ..-•�tefr.. ppi�pp TOP t]PERATI1d(G.' Cu '' DO NOT USE - F �5SS UR ONLY Code Description WELLS Actual Value % Assessed Value ; COUNTER it1 71 Primary Prod, S 87;4 S r 410 17 ST STE X120 71 Secondary Prod. 75 DENVER CO 80202 . ....... EXHIBIT LOCATION OF PROPERTIES OR LEGAL DESCRIPTION 72 Improvements . / 74 equp. Fun & 5E4NE4 30 2 tso TOTALS T 13 RECEIVED APPROVED LEASE NAME OR DESCRIPTION COMPLETED ABSTRACT CHGS. ' LATE FILING PENALTY APPLIED YES ❑ NOD 8. Date Business Started Type of Product or Service (in County) Corp.❑ Partnership ❑ Individual ❑ Other ❑ STATUS OF PROPERTY (Please Check the Appropriate Box) Is this your i , f Name and Address of Previous Owners: first return? ❑ Yes L� No k't r 1 El NEW BUSINESS OR it `G ❑ NEW O1./NI.NERIS) (First time filers must furnish a complete itemized listing) PLEASE INDICATE THE LIFE OF THE OIL AND GAS RESERVE IN YEARS UNDER THE CURRENT PRODUCTION RATE YRS. C. PRODUCTION;REPORT.FOR PREVIOUS YEAR _ _ .,,_ :. . . . _ _C1. PRIMARY PRODUCTION FOR ASSESSORS USE ONLY - r - A B C D E F G Well N Sold or Flared, Avg. Price Value of Allowed Actual Field Name I Total Transported Vented or At Well Head Product Royalty Value No. T Produced From Used on or Field Exclusion Premises Lease Price (8 x D) (1-%exempt) (E x F) BBL 21.6 2-14, - /SGz /bbl MCF Zc I I q 2Q I\� - /59 /MCF -- BBL I /bbl MCF L4 L} 01 4) I /MCF BBL /bbl — MCF /MCF _ Totals Totals Totals Totals Totals 2/(•2 -- '1 /e:, r—— �T ;a /9 I I _ C2. SECONDARY, TERTIARY OR RECYCLING RECOVERY PRODUCTION FOR ASSESSORS USE ONLY Method A B C 1 D E F G Well U Sold CrFlared, Avg.Price Allowed of Field Name N Value of Actual Total Transported Vented or At Well Head Royalty Recovery No. I Produced From Used On or Field Product Exclusion Value T Premises Lease Price (B x D) (1-%exempt) (E x F) BBL /bbl MCF 1 /MCF 1 BBL T !bbl MCF /MCF BBL /bbl MCF I /MCF I Totals Totals Totals Totals I Totals I _ D. EXCLUDABLE ROYALTIES + ••,7ludable royalty amounts are limited to the fractional interest owned by the Federal Government,the State of Colorado,counties,cities, '`- as,municipal corporations,tribal councils or other government organizations within the State of Colorado. Well Royalty No. Lease Name Or Number Name Of Govern(nental Entity_ Exempt From Taxation IS COP" NAME AOORESS =QUANTITY f-t)t ,?A YWO tJi: 1Y .. F.LIST1Nl3 OF HE 0PERT,1f,1i R' MENTS- (Attach a separate sheet if necessary) - _ f.I ;, •_.. p�, .J" pate of _ _ . . Additwns Since Orginal ./ 1 j ri,,,,,,,,av�� �` 'i �� his Description and Location... ,., - _ - __.-- Installed Cast.__ .. { ,�tf1f,�,a�y�!Iq�tdrww P Installation Installationtt I (((i i"t G. EQUIP1M T INVENTORY LISTING,,,. G.1.Well C iaracfenstic"s t EAD INSTRUCTIONS CAREFULLY API# 05— j .-~. — ` fO Lease Name STATE 4 . CITY• , SEQ WELL• Well Depth Basin Name METHOD OF PRODUCTION PREVIOUS YEARS PRODUCTION BY WELL . Flowing Oil BBL CO2 MCF Pumping Natural Gas MCF Water BBLS Did this well operate daily during the previous calendar year YES NO If NO.indicate the number of days the well operated days G.2.Equipment Characteristics Please designate with an(X)the equipment configuration found on the well listed above. PUMPING OIL WELL CONFIGURATIONS: FLOWING OIL WELL CONFIGURATIONS: With Tanks Motor Type: Gas Electric With Tanks Without Tanks Motor Type: Gas, Electric Without Tanks ESP Oil Well OTHER(Please List) PUMPING GAS WELL CONFIGURATIONS: Motor Type: FLOWING GAS WELL CONFIGURATIONS: With Tanks Without Tanks Gas Electric — With Tanks _ X Without Tanks Coal Seam With Tanks . Without Tanks Without Separator and Without Tanks Plunger Lift With Tanks Without Tanks Coal Seam Well Without Tanks Plunger Lift With Tanks and Separator Gas Lift Coal Seam With Tanks Plunger Lift Without Tanks and Separator With Dehydrator and:With.Tanks Without Tanks . Without Dehydrator and Without Tanks OTHER:(Please List) - ' . PLEASE NOTE IF YOU ARE USING ANY OF THE FOLLOWING IN YOUR OPERATION: Common Tank Battery #of Tanks ESP Water Supply Well Water Disposal Well i I\ Pumping Water Supply Well Motor Type:Gas Electric . Water Injection Well CO2/Water Injection Well OTHER:(Please List) G.3.Stored Equipment. Please note if you have equipment stored at the well site - YES—NO If YES. you MUST provide an itemized listing per the instruction . G.4.Equipment Condition Condition of Working Equipment 'VG AVG. MIN Condition of Stored Equipment VG AVG. MIN H. Cost of other fully depreciated DEPRECIATION SCHEDULE Attach a copy of your latest detailed Depreciation Schedule from your financial records. If you assets still in use. provide Form 4562 or 4562-A you MUST provide an itemized list of all property with description of each item, date in service,and cost.A similar detailed list must be provided for any property which you have expensed,and listed in Section A of Form 4562 or 4562-A. $ I. LEASED,LOANED, OR RENTED PROPERTY{Furniture,Signs,Etc.) (Declare Property Owned By Others Here.) l Did you have in your possession on January 1st any leased,loaned, rented machinery,equipment,or furniture,signs, vending machines, etc.? ❑ YES ❑ NO If yes,list below showing description of this property and name and address of owners. Year Purchase Price T Total Annual Name and Address of Owner/Lessor Description Model/Serial No. From Mfg. New From-To Rent Are purchase or maintenance options included in the total annual rent shown above? O YES O NO If yes, please furnish details. I J.DECLARATION THIS RETURN IS SUBJECT TO AUDIT. "1 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 assessmept date of this year:that such property has been reasonably described and its value fairly represented;and that no attempt has been made o islead the ass r as y�its age,�quality.quantity or value'39-5.107f 2)CRS SIGNATURE OF OWNER OR AGENT LtJ �/ ,q NAME OF OWNER 66 y DATE 1/4/9 1-- PRINT NAME OF PERSON SIGNING [�� i Q(�1 PHONE NUMBER 593 9344PLE f gA SIAM RRiNGHE ASSESSOR ON OR BEFORE A�P,RIL;15. . ASS MT YR: 1.7+92 E,. (:)Y•Iis1... i='1 TJi :l i UPDATE A..f:1:t.1f 028 PIN: 0001380 ACTIVE OH: 12/02/1986 TAX —''` 0820 1.9x'1. .08640#: INACTIVE OH: 1 � AREA:Yi u BUS CODE: 51311 Y TOP OPERATING COMPANY DATE: VALUATION: ASSD 06/22/1992 1;:5; 0 410 17 ST STE 1120 NOV 06/10/1992 :1570 DENVER CO 80202 LAST YR 12/20/1991 1. :18:1.0 ACT 0b:'".<?2/1.{?92 0 1...,'•'{ST uf:1) 06/22/:19'92 ()27 NPR DIR NAME TYPE E FROM TO CTY ST CO ZIP 00000 LOCATION N 16218B-5 I...EAS1:::1-IOl...() :1:111 #:3Wr4SE4NE4 3() 2 66 PARCEL 1:30930000056': :..S0:,000056 r?5 PHONE APERASISED ON DS FILED 04081992 LEASE COUNTER 1 { 1:1::' ::(.::'DA 1'1:= I::�i^ ::Lif1::I:I) FACTORS T(.JI�::::� I:�I::r:1::s>s':: ;:>.t? VALUE t.11::. i: .1.1. ;:iYlf::.l`dt.1 MESSAGE: 920725 GRID VA :i. FACTORS TOF:;: FOR ASSM T YR 1.{r`' f i a:i.I '2.9:` OIL.. PIN 018768i PARCEL 0E:l... :130 30000056 05 PERS PIN 0001380 1...:f.NE 70:1. DSF II...E:t) 0408:1.'99[' PRODUCTION TYPE (P,') P API 44 05123073/:L 0 DEPTH 8000 WELL TYPE (u.,t:,11iJ., T) t. PRODUCTION METH (I.f„F' i::,L_,T ,,c:i) F PRODUCTION: OIL.. 216 GAS 29119 WATER l..I:ti 0 OPERATING DAYS 365 FLOW 3:A T'1::::: .59 79.78 .00 TANKS (Y/N) Y MOTOR TYPE (tn.,li::,N) hI CONDITION (IY1„A,U) A GAS PRODUCTION UNIT (Y/N) Y FANK—BATTERY: TANKS U SEPARATORS O HEATER 1_:1:1 rkEA'T1:::R₹:3 4) LINE AB ST TABLE CY l:<C:N1...I) BY FACTOR t:lr BY Rt:`i ii..t) 7U:L 74:3) 1::' GAS w i T 5578 97 5411 F:1::2;:I.IF'1)A'rl:_ F:y: s;:DE::L..E::'f E:: !:'F=8:I:1(:jLIJc:iE: f'l: '. ::l.lPD EQUIP INVENTORY N T'i:1i 'r 1:'f. ;'d::C L..EAF: FOR ADD P 7n l:;;Es'rAiR'r )'()1. 1'I: :1.C)::F-il:::'Tt.1RN F'F:L/:U:1.L_ PRODUCTION 920725 Section VI, Page 6.36 Oil and Gas Equipment Market Value as of 1/1/92 D—J BASIN BASIC EQUIPMENT LISTS Total Value Flowing Gas Well with Tanks The basic equipment for a flowing gas well with oil storage tanks includes: Wellhead Production Unit 300 Barrel Oil Storage Tanks with Stairway Flow lines - 600' Very Good MCF 850 21755 21755 21755 21755 21755 21755 23855 23855 23855 21755 21755 750 21755 21755 21755 21755 21755 21755 23855 23855 23855 21755 21755 650 21755 21755 21755 21755 21755 21755 23855 23855 23855 21755 21755 550 21755 21755 21755 21755 21755 21755 23855 23855 23855 21755 21755 450 21755 21755 21755 21755 21755 21755 23855 23855 23855 21755 21755 350 21755 21755 21755 21755 21755 21755 23855 23855 23855 21755 21755 250 21755 21755 21755 21755 21755 21755 23855 23855 23855 21755 21755 150 21755 21755 21755 21755 21755 21755 23855 23855 23855 21755 21755 60 21755 21755 21755 21755 21755 21755 23855 23855 23855 21755 21755 3500 4000 4500 5000 5500 6000 6500 7000 7500 8000 8500 Depth Average MCF 850 5578 5578 5578 5578 5578 5578 5998 5998 5998 5578 5578 750 5578 5578 5578 5578 5578 5578 5998 5998 5998 5578 5578 650 5578 5578 5578 5578 5578 5578 5998 5998 5998 5578 5578 550 5578 5578 5578 5578 5578 5578 5998 5998 5998 5578 5578 450 5578 5578 5578 5578 5578 5578 5998 5998 5998 5578 5578 350 5578 5578 5578 5578 5578 5578 5998 5998 5998 5578 5578 250 5578 5578 5578 5578 5578 5578 5998 5998 5998 5578 5578 150 5578 5578 5578 5578 5578 5578 5998 5998 5998 5578 5578 60 5578 5578 5578 5578 5578 5578 5998 5998 5998 5578 5578 3500 4000 4500 5000 5500 6000 6500 7000 7500 8000 8500 Depth Minimum MCF 850 1573 1573 1573 1573 1573 1573 1678 1678 1678 1573 1573 750 1573 1573 1573 1573 1573 1573 1678 1678 1678 1573 1573 650 1573 1573 1573 1573 1573 1573 1678 1678 1678 1573 1573 550 1573 1573 1573 1573 1573 1573 1678 1678 1678 1573 1573 450 1573 1573 1573 1573 1573 1573 1678 1678 1678 1573 1573 350 1573 1573 1573 1573 1573 1573 1678 1678 1678 1573 1573 250 1573 1573 1573 1573 1573 1573 1678 1678 1678 1573 1573 150 1573 1573 1573 1573 1573 1573 1678 1678 1678 1573 1573 60 1573 1573 1573 1573 1573 1573 1678 1678 1678 1573 1573 3500 4000 4500 5000 5500 6000 6500 7000 7500 8000 8500 Depth 920725 25 15—DPT—AS PUB-ARL VOL 5 1-90 Revised: 1-92 Section VI, Page 6.33 Oil and Gas Equipmt Market Value as of 1/1/92 D—J BASIN BASIC EQUIPMENT LISTS Total Value Plunger Lift Gas Well with Tanks The basic equipment for a plunger lift gas well with oil storage tanks includes: Wellhead with Lubricator Plunger Lift Production Unit 300 Barrel Oil Storage Tanks with Stairway Flowlines-600' Very Good MCF 850 25797 25797 25797 25797 25797 25797 27897 27897 27897 25797 25797 750 25797 25797 25797 25797 25797 25797 27897 27897 27897 25797 25797 650 25797 25797 25797 25797 25797 25797 27897 27897 27897 25797 25797 550 25797 25797 25797 25797 25797 25797 27897 27897 27897 25797 25797 450 25797 25797 25797 25797 25797 25797 27897 27897 27897 25797 25797 350 25797 25797 25797 25797 25797 25797 27897 27897 27897 25797 25797 250 25797 25797 25797 25797 25797 25797 27897 27897 27897 25797 25797 150 25797 25797 25797 25797 25797 25797 27897 27897 27897 25797 25797 60 25797 25797 25797 25797 25797 25797 27897 27897 27897 25797 25797 3500 4000 4500 5000 5500 6000 6500 7000 7500 8000 8500 Depth Average MCF 850 7205 7205 7205 7205 7205 7205 7625 7625 7625 7205 7205 750 7205 7205 7205 7205 7205 7205 7625 7625 7625 7205 7205 650 7205 7205 7205 7205 7205 7205 7625 7625 7625 7205 7205 550 7205 7205 7205 7205 7205 7205 7625 7625 7625 7205 7205 450 7205 7205 7205 7205 7205 7205 7625 7625 7625 7205 7205 350 7205 7205 7205 7205 7205 7205 7625 7625 7625 7205 7205 250 7205 7205 7205 7205 7205 7205 7625 7625 7625 7205 7205 150 7205 7205 7205 7205 7205 7205 7625 7625 7625 7205 7205 60 _ 7205 7205 7205 7205 7205 7205 7625 7625 7625 7205 7205 3500 4000 4500 5000 5500 6000 6500 7000 7500 8000 8500 Depth Minimum MCF 850 2885 2885 2885 2885 2885 2885 2990 2990 2990 2885 2885 750 2885 2885 2885 2885 2885 2885 2990 2990 2990 2885 2885 650 2885 2885 2885 2885 2885 2885 2990 2990 2990 2885 2885 550 2885 2885 2885 2885 2885 2885 2990 2990 2990 2885 2885 450 2885 2885 2885 2885 2885 2885 2990 2990 2990 2885 2885 350 2885 2885 2885 2885 2885 2885 2990 2990 2990 2885 2885 250 2885 2885 2885 2885 2885 2885 2990 2990 2990 2885 2885 150 2885 2885 2885 2885 2885 2885 2990 2990 2990 2885 2885 60 2885 2885 2885 2885 2885 2885 2990 2990 2990 2885 2885 3500 4000 4500 5000 5500 6000 6500 7000 7500 8000 8500 Depth 15—DPT—AS PUB-ARL VOL 5 1-90 Revised: 1-92 92..��'� t«5 i Hello