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This document outlines the application for an exception to Statewide Rule 37 by Hal J. Rasmussen Operating, Inc. to re-enter its No. 1 Well on the Appaloosa Lease in the C.C. Gunn (Canyon Reef) Field,
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Key issues economic waste refers to the significant economic losses or inefficiencies in a system or process.
Typically, organizations or individuals who are responsible for managing or overseeing economic resources and processes are required to file key issues economic waste.
To fill out key issues economic waste, one needs to identify and analyze areas of economic waste within a system or process, quantify and document the financial impact of these issues, and propose strategies or solutions to mitigate or eliminate the waste.
The purpose of key issues economic waste is to identify, address, and prevent significant economic losses or inefficiencies. By identifying and addressing these issues, organizations can improve their financial performance and resource utilization.
Information that must be reported on key issues economic waste includes the nature of the waste, its financial impact, the causes or contributing factors, proposed solutions or strategies, and the expected benefits of implementing these solutions.
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