Get the free WELL TRANSFER RECONCILIATION FORM FORM PS - 5 SPC/FFA ...

N Examples 10/10/11 11. 25 From set on logsheet P5 Y 15. 20 P1 See PS-3 form P2 S3 22. 20 S1 08. 10 Yasu 2 S7 See journal page 58 15. S DESTINA TION VESSEL M ETRIC CHANGE TONNES / M OVED - / 0 NEW CUM ULATIVE TOTAL OBSERVER TRIP ID PAGE RECORDED ON LOGSHEET Y/N COM M ENT NET vessel name SHORE DISC. OF VESSEL C H A N GE Reco rd A LL CA TCH in metric to nnes. Use who le numbers e.g. 25. Calculate the NEW CUM ULA TIVE TOTA L by adding o r subtracting see the VESSEL CHA NGE value fo r o r - to...

How to fill out well transfer reconciliation form

How to fill out well transfer reconciliation form

1. Start by gathering all the necessary information and documents required for the transfer reconciliation form.
2. Enter the date of the well transfer and the relevant well details, such as well name, location, and identification number.
3. Specify the reason for the transfer, whether it is due to a change in ownership, lease agreement, or other circumstances.
4. Provide details of the previous well owner, including their name, contact information, and any additional relevant information.
5. Include information about the new well owner, including their name, contact details, and any other necessary information.
6. Fill in the previous and new well production data, including oil, gas, water, and any other relevant production measurements.
7. Complete the financial reconciliation section, which may involve entering the transfer price, royalty interests, and any other financial details.
8. Attach any supporting documents or additional information that may be required, such as well transfer agreements, contracts, or correspondence.
9. Review the completed form for accuracy and completeness before submitting it to the appropriate authority or department.
10. Keep a copy of the filled-out form for your records and ensure all parties involved receive a copy.
11. Follow up with the relevant authority or department to ensure that the transfer reconciliation form has been processed and approved.
12. Make any necessary adjustments or corrections if requested by the authority or department.
13. Retain a copy of the approved transfer reconciliation form for future reference and record-keeping.

Who needs well transfer reconciliation form?

1. Oil and gas companies or operators who have transferred ownership of a well.
2. Individuals or entities involved in leasing or renting wells.
3. Government regulatory authorities that oversee well transfers and production reconciliation.
4. Accounting or financial departments responsible for tracking well ownership and production data.
5. Legal professionals or consultants involved in well transfers and related legal matters.
6. Any party involved in the buying, selling, or changing ownership of a well.

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What is well transfer reconciliation form?

The well transfer reconciliation form is a document used to report the transfer of ownership or interest in a well.

Who is required to file well transfer reconciliation form?

The operator of the well is required to file the well transfer reconciliation form.

How to fill out well transfer reconciliation form?

The well transfer reconciliation form can be filled out online or on paper, and must include information about the well, the previous owner, and the new owner.

What is the purpose of well transfer reconciliation form?

The purpose of the well transfer reconciliation form is to ensure that ownership changes for wells are properly documented and reported to regulatory authorities.

What information must be reported on well transfer reconciliation form?

The form must include details such as well name, API number, previous owner information, new owner information, effective date of transfer, and any other relevant details about the ownership transfer.