Classification Of Expenditures

Front 1

Research of lease location by engineer, geologist, etc., for purposes other than locating a well site

Back 1

Leasehold Cost

Front 2

G&G expenditure leading to acquisition or retention of an oil and gas property

Back 2

Leasehold Cost

Front 3

Expenses in connection with leasing the property from a landowner

Back 3

Leasehold Cost

Front 4

Legal costs of securing lease and clearing title

Back 4

Leasehold Cost

Front 5

Legal fees incurred to obtain access to the property and to obtain easements

Back 5

Leasehold Cost

Front 6

Lease bonus paid to the landowner

Back 6

Leasehold Cost

Front 7

Purchase price of an existing lease

Back 7

Leasehold Cost

Front 8

Core-hole wells drilled to obtain geological data

Back 8

Leasehold Cost

Front 9

Seismic work to determine the size of the reservoir or reserves

Back 9

Leasehold Cost

Front 10

Legal fees incurred in drafting contracts

Back 10

Leasehold Cost

Front 11

Travel expenses incurred in acquiring leases

Back 11

Leasehold Cost

Front 12

Salaries of land department personnel

Back 12

Leasehold Cost

Front 13

Bottom-hole contribution when paid to obtain information which enhances the value of the property

Back 13

Leasehold Cost

Front 14

IDC if no election to expense has been made under IRC section 263(c) or if "foreign IDC"

Back 14

Leasehold Cost

Front 15

Delay rentals

Back 15

Leasehold Cost

Front 16

Remaining basis in equipment which is transferred to another person under any type of reversionary agreement

Back 16

Leasehold Cost

Front 17

Administrative costs in connection with drilling contracts

Back 17

IDC

Front 18

Survey and seismic costs to locate a well site on lease property

Back 18

IDC

Front 19

Costs of drilling

Back 19

IDC

Front 20

Grading, digging mud pits, and other dirt work to prepare drill site

Back 20

IDC

Front 21

Costs of constructing roads or canals to drill site

Back 21

IDC

Front 22

Surface damage payments to landowner

Back 22

IDC

Front 23

Crop damage payments

Back 23

IDC

Front 24

Costs of setting rig on drill site

Back 24

IDC

Front 25

transportation costs of moving rig

Back 25

IDC

Front 26

Technical services of geologist, engineer, and others engaged in drilling the well

Back 26

IDC

Front 27

Drilling mud, fluids, and other supplies consumed in drilling the well

Back 27

IDC

Front 28

Transportation of drill pipe and casing

Back 28

IDC

Front 29

Cementing of casing

Back 29

IDC

Front 30

Rent of special equipment and tanks to be used in drilling a well

Back 30

IDC

Front 31

Perforating the well casing

Back 31

IDC

Front 32

Logging costs

Back 32

IDC

Front 33

Costs of removing the rig from location

Back 33

IDC

Front 34

Dirt work in cleaning up the drill site

Back 34

IDC

Front 35

Cost of acidizing, fracturing the formation, and other completion costs

Back 35

IDC

Front 36

Swabbing costs to complete the well

Back 36

IDC

Front 37

Cost of obtaining an operating agreement for drilling operations

Back 37

IDC

Front 38

Cost of plugging the well if it is dry

Back 38

IDC

Front 39

Cost of drill stem tests

Back 39

IDC

Front 40

Surface Casing

Back 40

Lease and Well Equipment

Front 41

Equalization payments of a unitization when paid in connection with equipment

Back 41

Lease and Well Equipment

Front 42

Costs of well casing

Back 42

Lease and Well Equipment

Front 43

Salt water disposal equipment and well

Back 43

Lease and Well Equipment

Front 44

Transportation of tubing to supply yard, but not from supply yard to well site

Back 44

Lease and Well Equipment

Front 45

Cost of production tubing

Back 45

Lease and Well Equipment

Front 46

Cost of well head and christmas tree

Back 46

Lease and Well Equipment

Front 47

Cost of pumps and motors including transportation

Back 47

Lease and Well Equipment

Front 48

Cost of tanks, flow lines, treaters, separators, etc

Back 48

Lease and Well Equipment

Front 49

Dirt work for tanks and production equipment

Back 49

Lease and Well Equipment

Front 50

Roads constructed for operation of the production phase

Back 50

Lease and Well Equipment

Front 51

Laying pipelines, including dirt work and easement

Back 51

Lease and Well Equipment

Front 52

Installation costs of tanks and production equipment

Back 52

Lease and Well Equipment

Front 53

Construction costs of trucks turnaround pad and overflow pits at new tank battery

Back 53

Lease and Well Equipment

Front 54

Cost of switcher or pumper to operate the wells

Back 54

Lease Operating Expense

Front 55

Cost of minor repair of pumps, tanks, etc

Back 55

Lease Operating Expense

Front 56

Grading existing roads

Back 56

Lease Operating Expense

Front 57

Treat-o-lite and other materials and supplies consumed in operating the lease

Back 57

Lease Operating Expense

Front 58

Pulling sucker roads, pump, and cleaning the well

Back 58

Lease Operating Expense

Front 59

Utilities

Back 59

Lease Operating Expense

Front 60

Taxes other than federal income taxes

Back 60

Lease Operating Expense

Front 61

Depreciation of equipment used on the lease

Back 61

Lease Operating Expense

Front 62

Rental of lease equipment

Back 62

Lease Operating Expense

Front 63

Salaries of painting and cleaning the lease

Back 63

Lease Operating Expense

Front 64

Lease signs

Back 64

Lease Operating Expense

Front 65

Salaries of other operating personnel

Back 65

Lease Operating Expense

Front 66

IDC when elected to expense under 263(c)

Back 66

Lease Operating Expense

Front 67

Salt water disposal costs

Back 67

Lease Operating Expense

Front 68

Allocable portion of overhead costs

Back 68

Lease Operating Expense

Front 69

Qualified tertiary injectant expenses

Back 69

Lease Operating Expense