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This document is a regulatory report filed by oil pipeline companies detailing their annual financial and operational information, as mandated by the Federal Energy Regulatory Commission (FERC). It
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How to fill out ferc form no 6
How to fill out FERC Form No. 6: Annual Report of Oil Pipeline Companies
01
Begin by downloading the FERC Form No. 6 from the FERC website.
02
Read the instructions carefully to understand the requirements and reporting periods.
03
Gather necessary financial data, operational statistics, and any relevant documentation from the previous year.
04
Complete Part I: Identification of the Company, including the company name, address, and FERC identification number.
05
Fill out Part II: Income Statement, detailing revenues, expenses, and net income.
06
Complete Part III: Balance Sheet, providing information on assets, liabilities, and equity.
07
Enter data in Part IV: Annual Operational Statistics, including throughput, mileage, and capital expenditures.
08
Complete any additional schedules as required for your specific operations (e.g., Schedule 1: Statement of Income).
09
Review the completed form for accuracy and ensure all sections are filled out correctly.
10
Submit the completed form electronically via the FERC eFiling system before the deadline.
Who needs FERC Form No. 6: Annual Report of Oil Pipeline Companies?
01
Oil pipeline companies operating in the United States are required to file FERC Form No. 6 annually.
02
Entities that transport crude oil or petroleum products through pipeline systems.
03
Companies that hold FERC certificates for oil pipeline operations.
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People Also Ask about
Who must comply with FERC standards of conduct?
Investor-owned companies that transmit and market electricity interstate, or transport and market natural gas interstate, must comply with the FERC Standards of Conduct.
What is FERC form 6?
The Form No. 6 is designed to collect financial and operational information from oil pipeline companies subject to the jurisdiction of the Commission. The following is a list of important Commission Orders and/or decisions regarding the Form No.
Who files FERC Form 2?
Each natural gas company whose combined gas transported or stored for a fee exceed 50 million dekatherms in each of the previous three years must submit FERC Form 2 and 3-Q.
What is the new rule of the FERC?
The rule provides: Prompt Review: While the Clean Water Act allows them one year to accept, deny, or waive a certification request, FERC's rule encourages states and tribes to accept, deny, or waive the request within six months.
Who does FERC apply to?
What industries does FERC regulate and operate? FERC regulates the natural gas, electricity, oil and hydropower industries.
Does FERC regulate oil pipelines?
The Federal Energy Regulatory Commission, or FERC, is an independent agency that regulates the interstate transmission of electricity, natural gas, and oil. FERC also reviews proposals to build liquefied natural gas (LNG) terminals and interstate natural gas pipelines as well as licensing hydropower projects.
Who is required to file a FERC Form 1?
Each Major electric utility, licensee, or other, as classified in the Commission's Uniform System of Accounts Prescribed for Public Utilities and Licensees Subject To the Provisions of The Federal Power Act (18 C.F.R. Part 101), must submit FERC Form 1 (18 C.F.R.
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What is FERC Form No. 6: Annual Report of Oil Pipeline Companies?
FERC Form No. 6 is a regulatory form that oil pipeline companies in the United States must file annually with the Federal Energy Regulatory Commission (FERC) to report their financial and operational information.
Who is required to file FERC Form No. 6: Annual Report of Oil Pipeline Companies?
All oil pipeline companies that transport oil for the public and have gross annual revenues exceeding a certain threshold are required to file FERC Form No. 6.
How to fill out FERC Form No. 6: Annual Report of Oil Pipeline Companies?
To fill out FERC Form No. 6, companies must compile detailed financial and operational data using the prescribed format from FERC, ensuring accurate information on revenues, expenses, pipeline operations, and other necessary disclosures.
What is the purpose of FERC Form No. 6: Annual Report of Oil Pipeline Companies?
The purpose of FERC Form No. 6 is to provide the FERC and the public with essential information about the financial condition and operational efficiency of oil pipeline companies, supporting transparency and regulatory oversight.
What information must be reported on FERC Form No. 6: Annual Report of Oil Pipeline Companies?
FERC Form No. 6 requires reporting on various aspects such as revenues, expenses, detailed pipeline operations, service schedules, safety compliance, and other relevant financial and operational metrics.
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