Alaska Administrative Code — Title 15 (Revenue)
15 AAC 55.163
Valuation of oil run through a North Slope field topping plant
# (a)
This section applies to oil run through a field topping plant in the Alaska North Slope area that is not returned and blended back into a production stream upstream of a point of production for oil.
# (b)
The gross value per barrel at the point of production for the oil is the prevailing value for that month determined under 15 AAC 55.171(g) multiplied by 1.2.
# (c)
The gross value determined under this section includes and is in place of the value of all pertinent cash receipts and disbursements between the owners of a field topping plant and the working interest owners of the oil run through the field topping plant.
(Eff. 1/1/2003, Register 164)
Statutory Authority:
Authority:
AS 43.05.080 AS 43.55.030 AS 43.55.190
AS 43.55.011 AS 43.55.040
AS 43.55.020 AS 43.55.150
Amendment history
Eff. 1/1/2003, Register 164
Source: official source document (full AAC Title 15 PDF)
In this chapter (40 sections)
- 55.040 · Interim taxation of gas well gas
- 55.045 · Economic limit factor for distillate or condensate produced…
- 55.050 · Gas run through a gas processing plant
- 55.052 · Reasonable allowance for processing gas in a gas processing…
- 55.060 · Lease identification number
- 55.070 · Penalty for gas flared before 1/1/95
- 55.071 · Gas flared
- 55.080 · Interest
- 55.090 · Significant digits in economic limit factors
- 55.100 · Average API gravity
- 55.110 · Application of early development incentive credit against…
- 55.115 · Accounting for shrinkage when oil and NGLs are commingled
- 55.120 · Payment and reporting procedures
- 55.122 · Supplemental submissions
- 55.140 · Processing cost deduction for a downstream gas plant
- 55.141 · Methodology for calculating certain gas processing cost…
- 55.150 · Valuation of oil or gas produced before 1/1/95
- 55.151 · Gross value of oil or gas at the point of production
- 55.160 · Sales price for oil or gas produced before 1/1/95
- 55.161 · Sales price for oil or gas
- 55.163 · Valuation of oil run through a North Slope field topping plant
- 55.165 · Estimated payment of taxes based on market value for oil…
- 55.167 · Transition rule for payment of estimated tax for third quarter…
- 55.170 · Prevailing value for oil produced before 1/1/95
- 55.171 · Prevailing value for oil
- 55.172 · Prevailing value for gas produced before 1/1/95
- 55.173 · Prevailing value for gas
- 55.175 · Allocation of value between oil and NGLs
- 55.177 · Publication of information related to prevailing value…
- 55.180 · Choice of methods for determining reasonable cost of…
- 55.181 · Comparison of actual and reasonable costs of transportation…
- 55.190 · Calculation of reasonable costs of transportation for oil or…
- 55.191 · Calculation of reasonable costs of transportation for oil or…
- 55.192 · Monthly share of annual transportation costs
- 55.193 · Calculation of costs of transportation for oil and gas…
- 55.195 · Return on investment or cost of capital allowance to be used in
- 55.196 · Cost of capital allowance to be used in calculation of costs…
- 55.197 · Methodology to determine certain transportation costs for…
- 55.200 · Retroactive adjustments
- 55.205 · Calculation of production tax values for oil and gas produced…