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Get the free New Pool Initial Oil or Gas Exemption Request - ksrevenue

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This document is an application to exempt a lease or well from Kansas Mineral Tax, specifying conditions for new pool exemptions and the process for approval by the Kansas Department of Revenue.
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How to fill out New Pool Initial Oil or Gas Exemption Request

01
Obtain the New Pool Initial Oil or Gas Exemption Request form from your local regulatory authority.
02
Fill in your company name and contact information at the top of the form.
03
Provide detailed information about the oil or gas pool, including location and depth.
04
Include production data or estimates that support your exemption request.
05
Attach any supporting documents, such as geological studies or maps.
06
Review the form for completeness and accuracy.
07
Sign and date the form at the designated section.
08
Submit the completed form to the appropriate regulatory agency by the specified deadline.

Who needs New Pool Initial Oil or Gas Exemption Request?

01
Oil and gas producers operating in new pools seeking an exemption from certain regulations.
02
Companies looking to establish new drilling sites in underdeveloped areas.
03
Exploration teams identifying new oil or gas reserves.
04
Businesses needing financial exemptions or regulatory relief to encourage development in new areas.
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The New Pool Initial Oil or Gas Exemption Request is a formal application submitted to seek exemption from certain regulations governing oil or gas production in newly established pools.
Operators or companies involved in the exploration and production of oil or gas in new pools are required to file the New Pool Initial Oil or Gas Exemption Request.
To fill out the New Pool Initial Oil or Gas Exemption Request, applicants need to provide accurate information regarding the pool's characteristics, production estimates, and any relevant geological data.
The purpose of the New Pool Initial Oil or Gas Exemption Request is to ensure that new oil or gas production activities meet regulatory standards, allowing for potential exemptions to facilitate development.
Information that must be reported includes the pool's geographic location, estimated production rates, reservoir characteristics, and any supporting geologic and engineering data.
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