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June 27, 2012, Karen Foster Regulatory Analyst Southwestern Energy Co. 1000 Southwestern Energy Drive Conway, AR 72032RE:AKIN: 1200000; Permit by AGC Rule B17 (ADEN Reference# 00066WRB) Well Site:

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What is aogc rule b-17 reserve?

AOGC Rule b-17 reserve refers to the requirement for oil and gas companies to set aside a specified amount of their revenue for future expenses related to well abandonment and site restoration.

Who is required to file aogc rule b-17 reserve?

All oil and gas companies operating in the state of Alaska are required to file AOGC Rule b-17 reserves.

How to fill out aogc rule b-17 reserve?

To fill out AOGC Rule b-17 reserve, companies must calculate the required reserve amount based on their production levels and revenue, and submit the necessary documentation to the Alaska Oil and Gas Conservation Commission.

What is the purpose of aogc rule b-17 reserve?

The purpose of AOGC Rule b-17 reserve is to ensure that oil and gas companies have the financial resources available to properly decommission wells and restore sites to their original condition once production has ceased.

What information must be reported on aogc rule b-17 reserve?

The information that must be reported on AOGC Rule b-17 reserve includes the company's production levels, revenue, calculations for the required reserve amount, and any supporting documentation.

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