Reporting Instructions Form For Oil And Gas Taxes - North Dakota Office Of State Tax Commissioner Page 34

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STATE OF NORTH DAKOTA
FORM T-80
OFFICE OF STATE TAX COMMISSIONER
(August 2000)
STATE CAPITOL, 600 E. BOULEVARD AVE.
Original
BISMARCK, NORTH DAKOTA 58505-0599
Page 1 of 2
Amended
UNIT OPERATOR'S REPORT OF OIL PRODUCTION
FROM A SECONDARY OR TERTIARY RECOVERY PROJECT
Year/Month
Unit Name
(i.e., 1999, 2000)
(i.e., 01, 12)
Secondary Recovery Project
Federal I.D. Number
Tertiary Recovery Project
Operator's Name
Mailing Address
City
State/Prov.
Zip Code
Phone
For instructions or forms contact the Office of State Tax Commissioner: 701-328-3593.
Hearing/speech impaired TTY users call Relay North Dakota 1-800-366-6888, ask for 701-328-3657.
1.
Total volume of oil produced from the project
1.
2.
Volume of oil projected pursuant to the production decline curve
2.
a.
If Line 1 is greater than Line 2, divide Line 2 by Line 1 (round to six places)
2a.
Complete Section A when Line 1
is Less than or equal to Line 2
A.
FOR OIL EXTRACTION TAX PURPOSES, COMPLETE WHEN NO INCREMENTAL OIL IS PRODUCED:
3.
Exempt Nonincremental Production - Enter amount from Block 1, Schedule T-81
3.
4.
Taxable Nonincremental Production:
COMPLETE 4a ONLY IF PROJECT HAS QUALIFIED FOR THE REDUCED 4% OET RATE
a.
4% Barrels - Line 1 minus Line 3
4a.
COMPLETE 4b ONLY IF PROJECT HAS NOT QUALIFIED FOR THE REDUCED 4% OET RATE
b.
4% Barrels - Enter amount from Block 2, Schedule T-81
4b.
c.
6.5% Barrels - Line 1 minus Line 3 and Line 4b
4c.
Complete Section B when
FOR OIL EXTRACTION TAX PURPOSES, COMPLETE FOR PRODUCTION PERIODS WITHIN THE FIVE
B .
Line 1 is greater than Line 2
OR TEN YEAR EXEMPT PERIOD WHEN INCREMENTAL OIL IS PRODUCED:
5.
Exempt Incremental Production - Line 1 minus Line 2
5.
Exempt Nonincremental Production - Multiply the amount in Block 1, Schedule T-81, by the decimal on
6.
Line 2a
6.
7.
Taxable Nonincremental Production:
COMPLETE 7a ONLY IF PROJECT HAS QUALIFIED FOR THE REDUCED 4% OET RATE
a.
4% Barrels - Line 2 minus Line 6
7a.
COMPLETE 7b ONLY IF PROJECT HAS NOT QUALIFIED FOR THE REDUCED 4% OET RATE
b.
4% Barrels - Multiply the amount in Block 2, Schedule T-81, by the decimal on Line 2a
7b.
c.
6.5% Barrels - Line 2 minus Line 6 and Line 7b
7c.
Page 32

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