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STATE OF ALABAMA DOMESTIC GENERAL PARTNERSHIP (GP) STATEMENT OF PARTNERSHIP PURPOSE: In order to form a general partnership under Section 10A8A2.01 of the Code of Alabama 1975 this Statement of Partnership
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What is dgp or dngp statement?
It stands for Declaration of Gross Production or Declaration of Net Gross Production statement.
Who is required to file dgp or dngp statement?
Operators of oil and gas wells are required to file dgp or dngp statements.
How to fill out dgp or dngp statement?
Operators must provide production data for each well, including gross and net production volumes.
What is the purpose of dgp or dngp statement?
The purpose is to report production data to regulatory authorities.
What information must be reported on dgp or dngp statement?
Operators must report production volumes for each well, as well as any relevant data on gas flaring or venting.
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