Tax Executives Institute
|
|
- John Moody
- 8 years ago
- Views:
Transcription
1 Tax Executives Institute Texas Oil and Gas Transactions May 6, 2013
2 Circular 230 disclaimer Any US tax advice contained herein was not intended or written to be used, and cannot be used, for the purpose of avoiding penalties that may be imposed under the Internal Revenue Code or applicable state or local tax law provisions. These slides are for educational purposes only and are not intended, and should not be relied upon, as accounting advice. Slide 2
3 Tax Overview Oil and Gas Well Servicing Companies Services may be subject to EITHER Sales Tax, or Oil Well Services (2.42) Tax A single transaction will NEVER be subject to BOTH taxes Some services may NOT be subject to either sales tax or oil well services tax. Slide 3
4 Tax Overview Oil and Gas Well Servicing Companies Services performed inside the oil and gas producing formation Services performed inside the casing or on well site equipment Repair, Restoration, Remodeling or Real Property or Maintenance of Tangible Personal Property Slide 4
5 General Sales Tax Concepts Tangible Personal Property Services Slide 5
6 Texas Oil Well Service Tax Slide 6
7 Texas Oil Well Service Tax or Texas Sales Tax? A Lone Star State Quandary!! What is the Texas Oil Well Service Tax? How does this differ from the Texas Sales Tax? Who is responsible for paying this tax? Slide 7
8 Texas Oil Well Service Tax 2.42 Tax Legally identified as a Miscellaneous Occupation Tax Chapter 191 subchapter E Tex. Admin. Code Sec provides guidance Imposed on a company engaged in providing oil well services for a consideration when the company: Owns, controls or furnishes the tools and equipment used in providing the service Uses any chemical, electrical or mechanical process in providing the service during and in connection with the drilling and completion or reworking or reconditioning of the well NOT imposed on the customer Slide 8
9 Texas Oil Well Service Tax 2.42 Tax This tax does not apply to the business of drilling or reworking an oil or gas well or to a service incidental to the business of drilling, reworking or reconditioning a well when the service is performed by the person drilling or reworking the well. Slide 9
10 Texas Oil Well Service Tax 2.42 Tax Taxable services include: Cementing the casing seat of any oil or gas well Shooting fracturing or acidizing the sands or other formations of the earth Surveying or testing oil or gas well formations or the contents of formations with instruments or equipment partially or wholly located within the well bore Common taxable charges include: Charges for equipment hooked to a well or to other equipment hooked to the well while performing a taxable service Charges for Mixing, Blending, and Proportioning Oil Well Service tax amounts billed to the customer Slide 10
11 Texas Oil Well Service Tax 2.42 Tax Cementing the Casing Seat Begins with placement of the production string in the well and ends when the cement is in place. Cementing the bottom liner used as an extension of a noncontinuous production string is a taxable service Slide 11
12 Texas Oil Well Service Tax 2.42 Tax Taxable services involved in Cementing the Casing Seat Mixing cement slurry Blending Setting packers of placing hangers (if done by the service company during the cementing operation) Pumping slurry from the mixer and/or blender to the wellhead pump Using equipment to pump cement into a well Slide 12
13 Texas Oil Well Service Tax 2.42 Tax Shooting Sands/Other Formations is the only shooting service subject to the well servicing tax No well service tax is due on the following shooting services: Perforating or cutting casing Shooting to remove fish Shooting to clean screens or strainers Slide 13
14 Texas Oil Well Service Tax 2.42 Tax Fracturing Sands/Other Formations involves forcing a fluid carrying a propping agent into cracks formed by applying hydraulic pressure into a formation Fracturing operations are taxable if the purpose is to stimulate production in a new well or to increase production in an old well Slide 14
15 Texas Oil Well Service Tax 2.42 Tax Taxable fracturing operations include: Mixing or blending proppant and fluid at the well Blending additives or inhibitors into the fracturing medium at the well Injecting any other material into the fracturing medium at the well Pumping the fracturing medium at the well Sealing perforations in multiple completions during the fracturing process Slide 15
16 Texas Oil Well Service Tax 2.42 Tax Fracturing operations that are not subject to the well service tax include: Cleaning perforations preparatory to fracturing Surveying prior to fracturing when the survey is not used to locate or determine a production formation Providing frac tank services Slide 16
17 Texas Oil Well Service Tax 2.42 Tax Acidizing Sands/Other Formations to stimulate or improve production, to prevent scaling, or to prepare the formation for a scale-inhibiting chemical treatment is a taxable service. This includes: Mixing acidizing medium at the well Blending or injecting additives and/or inhibitors at the well Plugging perforations during the acidizing process Pumping charges incurred at the well Slide 17
18 Texas Oil Well Service Tax 2.42 Tax Acidizing services not subject to well servicing tax include: Recovering fish or stuck pipe Cleaning screens or strainers Dissolving drilling material sheaths Dissolving paraffin deposits in the producing equipment Acidizing soluble materials Slide 18
19 Texas Oil Well Service Tax 2.42 Tax Surveying Sands and other formations includes logging. The two basic types are open hole log and a cased hole log. Any log or survey run with an instrument in the well bore to locate, measure, or determine the depth, character, or contents of a formation is subject to well servicing this includes the following logs or surveys: Electric, neutron, chlorine, acoustic, temperature, fluid ingress and/or egress surveys, gamma ray, density, compensated neutron, tracer, or dip surveys Slide 19
20 Texas Oil Well Service Tax 2.42 Tax Surveying services not subject to the well service tax include: Electric logs used only to locate junk or fish in a well bore Acoustic logs used to survey results of cementing Temperature surveys used to check the results of cementing Cement bond surveys Tracer logs used only to detect channels behind the casing or to plot an injection profile Temperature surveys used to check mechanical equipment Fluid surveys conducted with a sonic instrument from the surface Corrosion survey Slide 20
21 Texas Oil Well Service Tax 2.42 Tax Testing Formations or their contents refers to fluids gases and pressures. The following tests are subject to the well service tax when performed by a company other than the driller: Drill stem test Bottom hole or depth pressure test Productivity index test made with an instrument in the well during drilling, completion, reworking, or reconditioning of the well Slide 21
22 Texas Oil Well Service Tax 2.42 Tax Testing that is not taxable under the well service tax includes: Analysis of fluids, cores or cuttings made outside the well bore Open flow potential test when no instrument is in the well Gas-oil ratio tests Slide 22
23 Texas Oil Well Service Tax 2.42 Tax Common charges not subject to well servicing tax if separately stated on invoices: Mileage charges Waiting or standby time Charges for equipment taken to the well but not connected Charges associated with services in converting an oil or gas well into an injection well Sales tax reimbursement equal to that actually paid for sales and use tax on materials and supplies Charges for materials used, consumed, expended in or incorporated into the well during the taxable service Charges for frac tank services Slide 23
24 Texas Oil Well Service Tax 2.42 Tax Service companies often perform several operations (into and out of a well) on one trip. Therefore, it is important to distinguish the services performed. Taxable and nontaxable services should be billed separately to avoid a tax on the entire charge. A miscellaneous charge that applies to the entire invoice may be allocated for tax purposes between taxable and non taxable well servicing activities. Common charges include service charges, license fees or equipment protection charges. Slide 24
25 Texas Oil Well Service Tax 2.42 Tax Billing example: $1,000 - Cementing the casing seat $200 - Materials and supplies $310 Stand-by charges $ % Well servicing tax on labor $ Total billing Total well service tax to be paid to Texas - $24.79 (($ ) x.0242) Slide 25
26 Texas Oil Well Service Tax or Sales and Use Tax? Oil and gas well servicing companies may be subject to either the Limited Sales and Use Tax or the Well Servicing Tax or both. However, a single transaction will not be subject to both taxes. Generally if the well servicing activity is performed on the oil and gas producing formation itself the activity is subject to the Well Servicing Tax. If the activity is performed inside the casing of the well, or on equipment at the well site the activity is subject to the Limited Sales and Use Tax Slide 26
27 Texas Sales Tax Slide 27
28 Texas Limited Sales and Use Tax Sales and Use Tax applies to the total charge to repair, restore, remodel or maintain tangible personal property (TPP) and the total charge to repair, remodel, or restore nonresidential improvements to real property. Taxable services also include some real property services such as surveying and structural pest control at the lease site. Tax Base when performing a service subject to sales tax includes the total charge materials, labor, charges for mileage, trip charges, standby charges etc. While charged by the vendor it is the responsibility of the consumer. Slide 28
29 Texas Limited Sales and Use Tax For oil, gas, and related well services for the purposes of Texas sales tax guidance can be found in Tex Admin. Code Sec This administrative code is known, or commonly referred to as Rule Slide 29
30 Texas Limited Sales and Use Tax Activities outlined in sales tax Rule which are subject to sales tax include: Pump change replace bottom hole pump Rodtubing job pulling sucker rods and/or tubing out of and running it back in the well. Fishing for rods or tubing when sucker rods or tubing break a fishing tool is run to recover the parted rods or tubing Tubing leak tube may become worn tubing is pulled and replaced Change packer or anchor Hot oil or water treatment of casing, tubing or flow lines Squeeze cement Pulling or resetting casing liner Slide 30
31 Texas Limited Sales and Use Tax Providers of a service subject to sales tax should pay sales tax on any machinery or equipment to provide the service and any materials (except cement) used or consumed in providing the service which do not become part of the items inside the wellbore. Items that become a component part of the items inside the wellbore are considered to be sold as part of the taxable service and may be purchased free from sales tax. The service provider collects sales tax on the total charge of the taxable service. Slide 31
32 Texas Limited Sales and Use Tax Work Crews Labor charges to prepare a well for servicing will be taxable or not depending on what is actually done by the provider: A crew removing rods so a pump can be repaired is providing taxable labor A crew removing tubing so that a workover could be accomplished is not providing taxable labor General maintenance around a well site may be maintenance on TPP, real property service or repair to real property All welding in the field will be presumed taxable unless billings clearly indicate the labor was performed as part a non taxable activity such as new construction or third-party installation Slide 32
33 Texas Limited Sales and Use Tax Items treated as TPP in an oil or natural gas field Christmas tree, wellhead and well components Storage facilities tanks with a storage capacity of 500 barrels or less Separation and dehydration equipment Gathering lines that are totally above the ground Flow lines that are above ground, below ground or partially above and below Board roads and board turnaround areas Everything inside the casing of a well such as tubing, pipe, pumps, rods, bas-lift equipment and packers Meters at the lease site, between lease site and transmission line Slide 33
34 Texas Limited Sales and Use Tax Items treated as real property in an oil or natural gas field Pump stations, booster stations Casing in place Enhanced production-injection and recovery systems (which cannot be moved intact) Storage facilities tanks with a storage capacity of more than 500 barrels Compressors at compressor stations other than leased compressors Gathering lines that are totally underground Meters located on transmission lines Slide 34
35 Texas Limited Sales and Use Tax Examples of Real Property Services performed at the well site: Taxable Patching holes in road Lease road blading that doesn t qualify as maintenance Structural pest control services Certain surveying associated with drill site preparation Nontaxable Covering oil spills at the lease site Removal of waste materials resulting from exploration Cutting weeds or grass around the lease site Slide 35
36 Texas Limited Sales and Use Tax Exempt Manufacturing Equipment Production Separators, Dehydrators, Gas Scrubbers Exempt Compressors vs. Taxable Compressors Non-Taxable Well Services Non-Taxable Services at the Lease Site Lease Site Waste Removal Services Lease Site Reclamation Services Cutting Weeds at Lease Site Rentals vs. Service Electricity Chemicals Slide 36
37 Texas Audit Environment There appears to be a general increase in the audit activity as it pertains to the oil and gas industry. In addition to the traditional sales tax audits, an increase in oil well service tax audits are being observed. Slide 37
38 Texas Audit Environment Common Assessment Areas 2.42 Reimbursements Compressors Moveable Specialized Equipment Slide 38
39 Texas Audit Activity Appears to be increasing Form over substance Operator vs. Supervisor Compressors level of documentation Managed Sales Tax Audits Slide 39
40 Questions Slide 40
41 Ernst & Young Assurance Tax Transactions Advisory About Ernst & Young Ernst & Young is a global leader in assurance, tax, transaction and advisory services. Worldwide, our 152,000 people are united by our shared values and an unwavering commitment to quality. We make a difference by helping our people, our clients and our wider communities achieve their potential. Ernst & Young refers to the global organization of member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit Ernst & Young LLP is a client-serving member firm of Ernst & Young Global Limited and of Ernst & Young Americas operating in the US Ernst & Young LLP. All Rights Reserved. Slide 41
Arkansas Natural Gas Severance Marketing Costs
Arkansas Natural Gas Severance Marketing Costs The following lists present various costs by category as "Allowable" or "Disallowed" as marketing costs. While listing many items, this list may not be all
More informationTexas Tax for the Oilfield Services Industry
Texas Tax for the Oilfield Services Industry 2012 This teaching manual provides information on general tax issues and is not intended to provide advice on any legal issue or set of facts. This manual and
More informationRevenue Ruling No. 10-003 November 10, 2010 Sales Tax Oil and Gas Well Fracturing Services Purpose The purpose of this Revenue Ruling is to provide
Revenue Ruling No. 10-003 Sales Tax Oil and Gas Well Fracturing Services Purpose The purpose of this Revenue Ruling is to provide guidance to Department of Revenue employees and taxpayers to clarify the
More informationINFORMATION NOTICE SALES AND USE TAX 2014-02. Natural Gas Mining. Issued: September 22, 2014
INFORMATION NOTICE SALES AND USE TAX 2014-02 Natural Gas Mining Issued: September 22, 2014 General Overview The Department of Revenue (the Department ) provides this Sales and Use Tax Information Notice
More informationIntroduction. The following is an outline of the contents of this paper: Definition of Artificial Lift Page 2. How an Oil Well is Produced Page 2
Introduction Canadian Oilwell Systems Company and it s subsidiaries are suppliers of oil well Electric Submersible Pumping systems (ESPs). Such pumps are used to lift oil from oil wells so that the oil
More informationSample Career Ladder/Lattice for Energy (Petroleum Sector)
Click on a job title to see examples of descriptive information about the job. Click on a link between job titles to see the critical development experiences needed to move to that job on the pathway.
More informationMike Hannah, Senate Finance Counsel Heather Fennell, Staff Attorney, Research Division NCGA Energy Policy Commission March 4, 2014 1
Mike Hannah, Senate Finance Counsel Heather Fennell, Staff Attorney, Research Division NCGA Energy Policy Commission March 4, 2014 1 TAX POLICY ISSUES RELATED TO NATURAL GAS PRODUCTION What to tax? How
More informationAn Introduction to Oil and Gas Well Servicing
An Introduction to Oil and Gas Well Servicing Educational Material from the IOM 3 Oil and Gas Division The global network for the materials cycle Introduction The Institute of Materials, Minerals & Mining
More informationFlorinel ªuþoiu*, Argentina Tãtaru*, Bogdan Simescu* RIGLESS JOBS IN GAS WELLS
AGH DRILLING, OIL, GAS Vol. 30 No. 1 2013 http://dx.doi.org/10.7494/drill.2013.30.1.221 Florinel ªuþoiu*, Argentina Tãtaru*, Bogdan Simescu* RIGLESS JOBS IN GAS WELLS 1. INTRODUCTION At the same time with
More informationRAILROAD COMMISSION OF TEXAS APPENDIX C LIST OF E&P WASTES: EXEMPT AND NONEXEMPT
RAILROAD COMMISSION OF TEXAS APPENDIX C LIST OF E&P WASTES: EXEMPT AND NONEXEMPT WASTE MINIMIZATION IN THE OIL FIELD - APPENDIX C NOTES RAILROAD COMMISSION OF TEXAS LIST OF E&P WASTES: EXEMPT AND NON EXEMPT
More informationGAS WELL/WATER WELL SUBSURFACE CONTAMINATION
GAS WELL/WATER WELL SUBSURFACE CONTAMINATION Rick Railsback Professional Geoscientist CURA Environmental & Emergency Services rick@curaes.com And ye shall know the truth and the truth shall make you free.
More informationRecommended Practices Associated with Hydraulic Fracturing Operations
Recommended Practices Associated with Hydraulic Fracturing Operations API standards program includes best-practices for hydraulic fracturing which include: Proper well construction and integrity Zonal
More informationDegree/ Higher Education Jobs:
Ohio s Natural Gas and Crude Oil Industry Degree/ Higher Jobs Job Title Degree/ Higher Jobs: for field positions may require 2 to 4 year, or higher degrees that are industry specific and/ or technical
More informationDrilling Problems. pull
Drilling Problems Pipe Sticking Lost Circulation Hole Deviation Pipe Failures Borehole Instability Mud Contamination Formation Damage Hole Cleaning H S General Equipment & Personnel Pipe Sticking Can not
More informationWell Integrity Basics, Prevention, Monitoring, Red Flags & Repair Options
Well Integrity Basics, Prevention, Monitoring, Red Flags & Repair Options George E. King, P.E. Distinguished Engineering Advisor, Apache Corporation Presented to: United States Energy Association DOE Well
More informationnumber 2) proposed well's type, location, elevation, total depth, etc. 3) site inspection, 2) assess the adequacy of the proposed engineering
APPENDIX 8 - FORMS USED IN THE OIL, GAS AND SOLUTION MINING PROGRAM Application for Permit to Drill, Deepen, Plug Back or Convert a Well Subject to the Oil, Gas and Solution Mining Law (185-12-5). - Applicant
More informationTuesday, March 17, 2015 Houston, TX. Energy Exchange 9:20 9:50 a.m. and 9:55 10:25 a.m. OIL AND GAS: ENVIRONMENTAL INSURANCE IS IT NECESSARY?
Tuesday, March 17, 2015 Houston, TX Energy Exchange 9:20 9:50 a.m. and 9:55 10:25 a.m. OIL AND GAS: ENVIRONMENTAL INSURANCE IS IT NECESSARY? Copyright 2015 International Risk Management Institute, Inc.
More informationReclamation Plants, Separation Facilities & Stationary Treatment Facilities
RAILROAD COMMISSION OF TEXAS Reclamation Plants, Separation Facilities & Stationary Treatment Facilities Grant Chambless, P.G. Manager, Environmental Permits & Support Oil & Gas Division 1 Disclaimer These
More informationCabot Oil & Gas Corporation
Information you need to know regarding Cabot Oil & Gas Corporation s natural gas production activities and hydraulic fracturing About Cabot Cabot Oil & Gas Corporation (Cabot) is a leading independent
More informationArgentina Tataru*, Marcel Adrian Piteiu*, Dan-Paul Stefanescu*, Ioana Vlasin*
WIERTNICTWO NAFTA GAZ TOM 24 ZESZYT 1 2007 Argentina Tataru*, Marcel Adrian Piteiu*, Dan-Paul Stefanescu*, Ioana Vlasin* NEW TECHNICAL CONSIDERATIONS OF ROMGAZ COMPANY REGARDING DRILLING, COMPLETION AND
More informationRemediation Services & Technology
Remediation Services & Technology Miranda Cruttenden- Well Remediation Engineer Todd Studer- Business Development Manager September 2011 Agenda Near wellbore remediation Causes of formations damage Field
More informationPSAC/SAIT Well Testing Training Program Learning Outcomes/Objectives Level D
s/objectives Level D ENVS 6006: Environmental Operating Procedures When you complete this module, you will be able to Describe how and where environmental operating procedures can be employed in industry.
More informationGraduate Courses in Petroleum Engineering
Graduate Courses in Petroleum Engineering PEEG 510 ADVANCED WELL TEST ANALYSIS This course will review the fundamentals of fluid flow through porous media and then cover flow and build up test analysis
More informationPRIVATE EQUITY INSIGHTS
In this Energy Investment Education Whitepaper, we discuss, Why It Is Financially Better To Own A Portfolio Of Producing Oil & Gas Working Interest Instead of Producing Royalty Interest. Paul Anthony Thomas
More informationUnderstanding Hydraulic Fracturing
Understanding Hydraulic Fracturing Natural gas is a safe, abundant and economical source of energy for the planet. North America has relied on natural gas for heating homes and buildings, as a fuel source
More informationWellCAP IADC WELL CONTROL ACCREDITATION PROGRAM
WellCAP IADC WELL CONTROL ACCREDITATION PROGRAM WORKOVER & COMPLETION OPERATIONS CORE CURRICULUM AND RELATED FORM WCT-2WF FUNDAMENTAL LEVEL The purpose of the core curriculum is to identify a body of knowledge
More informationSelection and Determination of Tubing and Production Casing Sizes
CHAPTER 3 Selection and Determination of Tubing and Production Casing Sizes OUTLINE 3.1 Overview 3.2 Overview of Nodal Analysis 3.3 Selection and Determination of Tubing and Production Casing Sizes for
More informationChallenges and Opportunities for Small Businesses Engaged in Energy Development and Energy Intensive Manufacturing
Statement of Toby Mack, EEIA President, Before the U.S Senate Committee on Small Business and Entrepreneurship July 14, 2015 Challenges and Opportunities for Small Businesses Engaged in Energy Development
More informationHigher Education Funds Expenditures
Higher Education Funds Expenditures These guidelines cover the allocation, management, budgeting, expenditures, and related restrictions of Higher Education Funds (HEF), appropriated to Stephen F. Austin
More informationAMEC 6007: Linear Velocity and Acceleration Learning Outcome. CHEM 6012: Oil and Gas Compositions and Sales Specifications Learning Outcome
s/objectives Level F ADMN 6044: Post Job Management It is important to know the proper procedures for closing out a job so that rigging and equipment is maintained for future use and personnel are adequately
More informationPlug and Abandonment Forum
Plug and Abandonment Forum Developments in Non-Traditional Plug and Abandonment Methods Thomas Ferg ConocoPhillips Norway June 13, 2013 Efficient P&A Thoughts - Do as Much as Possible Without a Rig Remove
More informationBELZONA KNOW-HOW VALVES, PIPES AND FITTINGS BELZONA VPF SYSTEM SELECTOR BELZONA KNOW-HOW FOR VALVES, PIPES AND FITTINGS
KNOW-HOW FOR THE REPAIR, RENOVATION AND RECLAMATION OF VALVES, PIPES AND FITTINGS B E L Z O N A V P F VPF SYSTEM SELECTOR FOR VALVES, PIPES AND FITTINGS SYSTEM Belzona VPF-1 Belzona VPF-2 Belzona VPF-3
More informationPlug and Abandonment Producing Well. Slides for very basic education only!
Plug and Abandonment Producing Well. Slides for very basic education only! Different from drilling P&A operations. Specific regulations set by governing bodies. This presentation covers the intent of P&A:
More informationPerforating Basics. How the perforating processes work. George E. King Engineering GEKEngineering.com 3/14/2009 1
Perforating Basics How the perforating processes work 3/14/2009 1 Perforating Methods 1. The vast majority of all perforating work is performed with shaped charge or jet perforating charges. 2. Bullet
More informationDirective 059: Well Drilling and Completion Data Filing Requirements
Directive 059 Directive 059: Well Drilling and Completion Data Filing Requirements December 19, 2012 Effective June 17, 2013, the Energy Resources Conservation Board (ERCB) has been succeeded by the Alberta
More informationWellbore Integrity Restoration Services
Wellbore Integrity Restoration Services New Life for Mature Wells Optimize and extend recovery with cost-effective, integrated services for permanent casing repair and a full range of isolation applications.
More informationTITLE 12. NATURAL RESOURCES. CHAPTER 7. OIL AND GAS CONSERVATION COMMISSION (Authority: A.R.S. 27-514 et seq.)
TITLE 12. NATURAL RESOURCES CHAPTER 7. OIL AND GAS CONSERVATION COMMISSION (Authority: A.R.S. 27-514 et seq.) ARTICLE 1. OIL, GAS, HELIUM, AND GEOTHERMAL R12-7-152. Utilization of Gas RESOURCES R12-7-153.
More informationHydraulic Fracturing Operations Well Construction and Integrity Guidelines API GUIDANCE DOCUMENT HF1 FIRST EDITION, OCTOBER 2009
Hydraulic Fracturing Operations Well Construction and Integrity Guidelines API GUIDANCE DOCUMENT HF1 FIRST EDITION, OCTOBER 2009 Hydraulic Fracturing Operations Well Construction and Integrity Guidelines
More informationWELL COMMANDER Versatile multi-cycle ball-activated drilling valve for mitigating downhole hazards
WELL COMMANDER Versatile multi-cycle ball-activated drilling valve for mitigating downhole hazards Note: Operating instructions updated July 2014 WELL COMMANDER: Versatile multicycle ball-activated drilling
More informationRegulation of Natural Gas Pipelines. June 23, 2008
Regulation of Natural Gas Pipelines June 23, 2008 Federal and State Regulations Federal: 49 United States Code 60101. et. seq. Title 49 Code of Federal Regulations The Office of Pipeline Safety (OPS),
More informationSMALL PRODUCER OPERATING ISSUES/CONCERNS ROBERT D. (BOB) KIKER PERMIAN BASIN PROGRAM DIRECTOR PETROLEUM TECHOLGY TRANSFER COUNCIL TEXAS REGION
SMALL PRODUCER OPERATING ISSUES/CONCERNS ROBERT D. (BOB) KIKER PERMIAN BASIN PROGRAM DIRECTOR PETROLEUM TECHOLGY TRANSFER COUNCIL TEXAS REGION GENERATING TOPICS Food for Thought HANDLING PRODUCED WATER
More informationFiber Optics in a Bakken Multi-Stage Fractured Well. Montana Tech 2011 SPE Drilling Symposium Presented by: Chelsea Kadler
Fiber Optics in a Bakken Multi-Stage Fractured Well Montana Tech 2011 SPE Drilling Symposium Presented by: Chelsea Kadler Agenda FracPoint Design FracPoint Real-time Monitoring System Downhole Equipment
More informationWELL LOGGING TECHNIQUES WELL LOGGING DEPARTMENT OIL INDIA LIMITED
WELL LOGGING TECHNIQUES WELL LOGGING DEPARTMENT OIL INDIA LIMITED The Hydrocarbon E & P Process In the exploration process, a most probable hydrocarbon bearing rock structure is defined based on seismic
More informationSECTION 02732 CLEANING AND CLOSED CIRCUIT TELEVISION (CCTV) INSPECTION OF SEWER PIPE
SECTION 02732 CLEANING AND CLOSED CIRCUIT TELEVISION (CCTV) INSPECTION OF SEWER PIPE PART 1 - GENERAL 1.01 WORK INCLUDED A. This section covers the initial and final cleaning, and the initial and final
More informationHealth Management Assistance Funds for Texas University
FINANCE OFFICE - PROCEDURES MANUAL XI. HIGHER EDUCATION ASSISTANCE FUNDS (HEAF) 11.1 POLICY STATEMENTS 11.1.001 Lamar University is committed to providing sound financial stewardship through accounting,
More informationProduct Marketing Guide Energy+ Program
Product Marketing Guide Energy+ Program new business to: energy@deep-south.com renewals/endorsements to: energy@deep-south.com Deep South Offers Enhanced Coverage to Energy Businesses Deep South has earned
More informationCHAPTER 4 WELL COMPLETION AND MAINTENANCE
CHAPTER 4 WELL COMPLETION AND MAINTENANCE Section 1: Disinfection. (a) Each person who repairs, modifies, works on, or otherwise affects the physical components of a well shall clean and disinfect the
More informationSales and Use Taxes: Texas
Jay M. Chadha, Fulbright & Jaworski LLP A Q&A guide to sales and use tax law in Texas. This Q&A addresses key areas of sales and use tax law such as tax scope, multi-state transactions and collecting taxes
More informationDecisionSpace Well Engineering Software
DATA SHEET DecisionSpace Well Engineering Software DecisionSpace Drilling & Completions Key features Configure the right tools to drill any type of well Dramatically simple to use, complete complex fluids
More informationPetrel TIPS&TRICKS from SCM
Petrel TIPS&TRICKS from SCM Knowledge Worth Sharing Importing Well Completion Data Importing well data in Petrel can be a time consuming process. There are multiple types of data (headers, logs, completion,
More information66 National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling
66 National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling Chief Counsel s Report Chapter 4.3: Cement 67 Chapter 4.3 Cement Figure 4.3.1. Typical completed cement job. Well Cementing
More informationDrilling Rigs and Well Technology. RAPID RIGS AND WELL TECHNOLOGY Cairn India Limited.
Drilling Rigs and Well Technology RAPID RIGS AND WELL TECHNOLOGY. 2 3 Cairn India has adopted an innovative approach for its onshore drilling program using state-of-the-art custom made Rapid Rig technology
More informationFIBER-OPTIC SENSING TECHNOLOGIES
PRODUCTION ENHANCEMENT FIBER-OPTIC SENSING TECHNOLOGIES FOR WELL MONITORING TO RESERVOIR MANAGEMENT Solving challenges. A H A L L I B U R T O N S E R V I C E Fiber-Optic Sensing Technologies CUTTING-EDGE
More informationReclamation of Marcellus Shale Drilling Sites in West Virginia by Jeff Skousen and Paul Ziemkiewicz West Virginia University
Reclamation of Marcellus Shale Drilling Sites in West Virginia by Jeff Skousen and Paul Ziemkiewicz West Virginia University Introduction The rapidly developing boom in natural gas drilling into the Marcellus
More informationNORSOK Standard D-010 Rev. 4, August 2012
Below is a listing of the main changes 1. Definitions of suspension, temporary and permanent abandonment 2. Included more examples of well barrier schematics 3. Included illustrations for permanent abandonment
More informationSTANDARD SPECIFICATIONS SECTION 02959 SEWER MAIN AND LATERAL CONNECTION SEALING BY CHEMICAL GROUT
STANDARD SPECIFICATIONS SECTION 02959 SEWER MAIN AND LATERAL CONNECTION SEALING BY CHEMICAL GROUT PART 1 GENERAL 1.1 DESCRIPTION A. Section includes requirements for rehabilitation of defective mainline
More informationINDIAN STANDARDS FOR NATURAL GAS PIPELINE SYSTEM
INDIAN STANDARDS FOR NATURAL GAS PIPELINE SYSTEM 1. IS 15663(Part 1):2006 This code covers requirements and recommendations for the design, materials, construction and testing of pipelines made of steel
More informationMain areas of services are:
Pakistan Foundation for the Advancement of Engineering & Technology provides superior solutions to Oil & Gas Companies/ industry upstream, production, transportation, refining and related industries. Upstream
More informationDistrict of Columbia Municipal Regulations UNDERGROUND STORAGE TANKS: GENERAL PROVISIONS 5500 COMPLIANCE WITH OTHER DISTRICT LAWS
CHAPTER 55 UNDERGROUND STORAGE TANKS: GENERAL PROVISIONS Section 5500 Compliance with Other District Laws 5501 Applicability of UST Regulations 5502 Partial Applicability of UST Regulations to Particular
More informationSecondary Containment: Regulations & BMPs. Beth Powell Vice-President and General Manager New Pig Energy bethp@newpigenergy.com
Secondary Containment: Regulations & BMPs Beth Powell Vice-President and General Manager New Pig Energy bethp@newpigenergy.com Federal Secondary Containment Safeguarding method in addition to the primary
More informationA.Y. McDonald Mfg. Co. Troubleshooting Submersible and Jet Pumps
A.Y. McDonald Mfg. Co. Troubleshooting Submersible and Jet Pumps Troubleshooting Submersible Pumps Fuse overload or circuit breaker trips when motor is started 1. Incorrect line voltage. Check the line
More informationCertificate Programs in. Program Requirements
IHRDC Online Certificate Programs in OIL AND GAS MANAGEMENT Program Requirements IHRDC 535 Boylston Street Boston, MA 02116 Tel: 1-617-536-0202 Email: certificate@ihrdc.com Copyright International Human
More informationUnderground Injection Wells For Produced Water Disposal
Underground Injection Wells For Produced Water Disposal Rick McCurdy Sr. Engineering Advisor Chemicals and Water Reclamation Chesapeake Energy Corporation 6100 N. Western Avenue ı Oklahoma City, OK 76118
More informationNDEP Bureau of Corrective Actions Secondary Containment Regulations Guidance Document April 7, 2010 (Revision)
NDEP Bureau of Corrective Actions Secondary Containment Regulations Guidance Document April 7, 2010 (Revision) ADOPTED REGULATION OF THE STATE ENVIRONMENTAL COMMISSION LCB File No. R005-08 (Codified in
More information(1) Discuss the determination of the need for public visitation. Visitor center density within 100 miles.
Chapter 4 Specifications Designs 3. Visitors Centers 3. Visitors Centers. The Introduction (Chapter 1) for these design data collection guidelines contains additional information concerning: preparing
More informationITEM #0702770 OSTERBERG CELL LOAD TESTING OF DRILLED SHAFT
ITEM #0702770 OSTERBERG CELL LOAD TESTING OF DRILLED SHAFT Description: This work shall consist of furnishing all materials, equipment and labor necessary for conducting an Osterberg Cell (O-Cell) Load
More informationRenewable Energy from Depleted Oil Fields using Geothermal Energy. Ramsey Kweik Southern Methodist University Geothermal Lab
Renewable Energy from Depleted Oil Fields using Geothermal Energy Ramsey Kweik Southern Methodist University Geothermal Lab Outline What is Geothermal Energy? Why geothermal in Texas? Types of Power Plants
More informationUNDERGROUND INJECTION CONTROL... YELLOW ROYALTY STATEMENTS... SALMON STRIPPER WELL PROPERTY DETERMINATION... GRAY WORKOVER PROJECTS...
SECTION I NORTH DAKOTA CENTURY CODE... TAN Control of Oil and Gas Resources... 38-08 Geophysical Exploration Requirements... 38-08.1 Oil and Gas Production Damage Compensation... 38-11.1 Subsurface Exploration
More informationDEPARTMENT OF PETROLEUM ENGINEERING Graduate Program (Version 2002)
DEPARTMENT OF PETROLEUM ENGINEERING Graduate Program (Version 2002) COURSE DESCRIPTION PETE 512 Advanced Drilling Engineering I (3-0-3) This course provides the student with a thorough understanding of
More informationDOE Award Number: TITLE PAGE. Phase I Topical Report. Don L. Hanosh
TITLE PAGE Report Title: Using Cable Suspended Submersible Pumps to Reduce Production Costs to Increase Ultimate Recovery in the Red Mountain Field in San Juan Basin Region Type of Report: Phase I Topical
More informationInstitution of Oil and Gas Reservation in FDIC Owned Real Estate Sales. A White Paper by Linda Schweigert Dallas/DRR/ORE/OOA/Oil and Gas
Institution of Oil and Gas Reservation in FDIC Owned Real Estate Sales A White Paper by Linda Schweigert Dallas/DRR/ORE/OOA/Oil and Gas August 2012 TABLE OF CONTENTS Executive summary....................................................
More informationOil and Gas Exploration and Production Oil and gas exploration and production... 22a-472-1
Department of Environmental Protection Sec. 22a-472 page 1 (4-97) TABLE OF CONTENTS Oil and Gas Exploration and Production Oil and gas exploration and production... 22a-472-1 Department of Environmental
More informationINSURING THE OIL & GAS INDUSTRY
INSURING THE OIL & GAS INDUSTRY PRESENTED BY GREG RUBEL, ASLI REGIONAL PRESIDENT, MARKEL MID SOUTH AUGUST 21, 2013 How to Locate Oil Deposits the Old Fashion Way Overview Overview of industry Review of
More informationFossil Energy Study Guide: Natural Gas
Natural gas is, in many ways, the ideal fossil fuel. It is clean, easy to transport, and convenient to use. Industrial users use almost half of the gas produced in the United States. A large portion is
More informationState & Local Tax Alert
State & Local Tax Alert Breaking state and local tax developments from Grant Thornton LLP Texas ALJ Holds Software Delivered to Texas Is Taxable Use On July 2, 2015, a Texas Comptroller Administrative
More informationPRELIMINARY REPORT ON THE NORTHSTAR #1 CLASS II INJECTION WELL AND THE SEISMIC EVENTS IN THE YOUNGSTOWN, OHIO AREA
PRELIMINARY REPORT ON THE NORTHSTAR #1 CLASS II INJECTION WELL AND THE SEISMIC EVENTS IN THE YOUNGSTOWN, OHIO AREA Tom Tomastik, Geologist, ODNR, Division of Oil and Gas Resources Management PURPOSE AND
More informationMAINTENANCE OF SMALL WATER SUPPLY, SANITATION AND IRRIGATION SCHEMES
MAINTENANCE OF SMALL WATER SUPPLY, SANITATION AND IRRIGATION SCHEMES John van Rijn INDEVELOPMENT MAINTENANCE OF SMALL WATER SUPPLY, SANITATION AND IRRIGATION SCHEMES Any part of this publication may be
More informationResume. Adeyemi Gbadegesin Abiodun 08038527610, 08026795276 & 08083733248 adeyemig@yahoo.com, gbadegesin.adeyemi@covenantuniversity.edu.
Resume Adeyemi Gbadegesin Abiodun 08038527610, 08026795276 & 08083733248 adeyemig@yahoo.com, gbadegesin.adeyemi@covenantuniversity.edu.ng SCHOOLS ATTENDED/ QUALIFICATIONS WITH DATES: PhD Petroleum Engineering
More informationSolving challenges. Drill out solutions Package
Solving challenges. Drill out solutions Package Why Choose Halliburton for your Drill Out Challenges? Engineered solution package coupled with next generation surface equipment to maximize efficiency,
More informationOilfield Services Measurement Solutions
Oilfield Services Measurement Solutions Superior flow and density measurement Best-in-class measurement How can I streamline my operations for efficiency without compromising environmental, safety and
More informationTHE DELTON GROUP MANPOWER TRAINING CONSULTANCY SHORT COURSE PROGRAMME TOPICS LISTING
THE DELTON GROUP MANPOWER TRAINING CONSULTANCY SHORT COURSE PROGRAMME TOPICS LISTING Delton Short Course Programmes English Language Technical English Language English Language for the Oil Industry Oil
More informationComparison of State Severance Taxes on Oil and Gas Utah and Selected Oil and Gas Producing States
Comparison of State Severance es on Oil and Gas Utah and Selected Oil and Gas Producing States Prepared for Utah Review Commission April 22, 2005 Draft State Oil Natural Gas Conservation Fee or Alaska
More informationFracPT FZE. Stimulation Training Courses & Consulting. www.fracpt.com
Stimulation Training Courses & Consulting Training Courses & Consulting was founded in the United Arab Emirates in 2010 as a subsidiary of Hunimex Ltd, which has been active in training and consulting
More informationCOMPARISON OF DRILLING TECHNOLOGIES BETWEEN TOP DRIVE AND ROTARY TABLE IN GEOTHERMAL FIELDS: A CASE STUDY OF OLKARIA GEOTHERMAL FIELDS.
Proceedings 5 th African Rift geothermal Conference Arusha, Tanzania, 29-31 October 2014 COMPARISON OF DRILLING TECHNOLOGIES BETWEEN TOP DRIVE AND ROTARY TABLE IN GEOTHERMAL FIELDS: A CASE STUDY OF OLKARIA
More informationSECTION 10 WATER WELL SUPPLY 10.01 SCOPE OF WORK
10.01 SCOPE OF WORK The work covered by this section of the specifications consists in furnishing all labor, equipment and material necessary to perform the installation of a Type I water supply well per
More informationWellbore Integrity Restoration Services
Wellbore Integrity Restoration Services New Life for Mature Wells Optimize and extend recovery with cost-effective, integrated services for permanent casing repair and a full range of isolation applications.
More informationDescription. ACTIVITY GROUP Advertising A-6-002. Air- Conditioning related services A-6-001. Architecture A-4-001. Aviation
CODE A-1-001 A-2-001 A-3-001 A-4-001 A-5-001 A-5-002 A-6-001 A-6-002 A-7-001 A-7-002 A-7-003 A-7-004 A-7-005 A-7-006 A-7-007 A-7-008 A-7-009 A-7-010 A-7-011 A-8-001 A-8-002 A-9-001 ACTIVITY GROUP Advertising
More informationPRESENTATION ON REPAIR AND REHABILITATION OF BUILDINGS DAMAGED IN EARTHQUAKE. By H P Gupta & D K Gupta
PRESENTATION ON REPAIR AND REHABILITATION OF BUILDINGS DAMAGED IN EARTHQUAKE By H P Gupta & D K Gupta DIFFERENT TYPES OF DAMAGES 1.Minor cracks 0.5 to 5 mm wide in load or non-load bearing walls 2.Major
More informationComparison Between Gas Injection and Water Flooding, in Aspect of Secondary Recovery in One of Iranian Oil Reservoirs
Comparison Between Gas Injection and Water Flooding, in Aspect of Secondary Recovery in One of Iranian Oil Reservoirs BABAK AMINSHAHIDY 1, MEHDI FOROOZANFAR 2 1 Department of Petroleum Engineering,University
More informationOn the Impact of Oil Extraction in North Orange County: Overview of Hydraulic Fracturing
On the Impact of Oil Extraction in North Orange County: Overview of Hydraulic Fracturing California State University Fullerton, September 23, 2014 Steve Bohlen, Senior Scientist, Lawrence Berkeley National
More informationBoiler and Burner Cleaning and Servicing Specifications
Boiler and Burner Cleaning and Servicing Specifications The Town of Groton of Public Works Department is requesting bids to provide manufacturers recommended maintenance, repairs and emergency service
More informationGRU Purchasing Material Group Codes
Title Code Trees and shrubs 10161500 Floral plants 10161600 Non flowering plants 10161800 Fertilizers and plant nutrients and herbicides 10170000 Pest control products 10190000 Minerals and ores and metals
More informationHDD High Definition Data. defining a new standard for Open Hole, Cased Hole & Production Logging
HDD High Definition Data defining a new standard for Open Hole, Cased Hole & Production Logging Get More Accurate Data At No Extra Cost From RECON s Standard Logging Service At 10 samples per foot (33
More informationHydraulic Trouble Shooting
Hydraulic Trouble Shooting Hydraulic systems can be very simple, such as a hand pump pumping up a small hydraulic jack, or very complex, with several pumps, complex valving, accumulators, and many cylinders
More informationWaterproofing System for Wastewater Tanks in Petrochemical Industries and Refineries
Waterproofing System for Wastewater Tanks in Petrochemical Industries and Refineries Introduction Wastewater of petrochemical industries and refineries contains high amounts of emulsified aliphatic or
More informationPotential Impacts of Hydrofracturing on Dam & Levee Safety
Potential Impacts of Hydrofracturing on Dam & Levee Safety Anita Branch, P.E. Senior Geotechnical Engineer Dam Fort Safety Worth Production District Center, Tulsa SAGEEP, 29 March 2012 29 January 2013
More informationEmployee Overview/Allowable Expenses by Category
Employee Overview/Allowable Expenses by Category Use this information as a reference for allowable expenses. Reimbursement categories A - G are excerpts from the Moving and Relocation Policy. Always refer
More informationCOMPRESSION. Bureau of Forestry. Natural Gas Advisory Committee January 15, 2014. Presentation to the. www.dcnr.state.pa.us
COMPRESSION Bureau of Forestry Presentation to the Natural Gas Advisory Committee January 15, 2014 Gas Well Decline Gas wells decline in volume and pressure as produced As the pressure declines so does
More informationSchedule of. Onshore Petroleum Exploration. and. Production Safety Requirements. August 1992
Schedule of Onshore Petroleum Exploration and Production Safety Requirements August 1992 SCHEDULE OF ONSHORE PETROLEUM EXPLORATION AND PRODUCTION SAFETY REQUIREMENTS (August 92) 1. Preliminary Title 101.
More information