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Chapter 55. Oil and Gas Properties Production Tax

Section 10 . Monthly production rate at the economic limit for oil or gas produced before 1/1/95

Section 11 . Determination of applicable tax rate for oil and monthly production rate at the economic limit for oil or gas produced on or after 1/1/95

Section 20 . (Repealed)

Section 21 . Well days and calculation of economic limit factor for oil or gas

Section 25 . (Repealed)

Section 27 . Use of common production facilities between leases or properties

Section 30 . (Repealed)

Section 40 . (Repealed)

Section 45 . (Repealed)

Section 50 . Gas run through a gas processing plant

Section 52 . Reasonable allowance for processing gas in a gas processing plant and for transporting gas from its point of production to a gas processing plant

Section 60 . Lease identification number

Section 70 . (Repealed)

Section 71 . Gas flared

Section 80 . Interest

Section 90 . Significant digits in economic limit factors

Section 100 . Average API gravity

Section 110 . (Repealed)

Section 115 . Accounting for shrinkage when oil and NGLs are commingled

Section 120 . (Repealed)

Section 122 . Supplemental submissions

Section 150 . (Repealed)

Section 151 . Valuation of oil or gas

Section 160 . (Repealed)

Section 161 . Sales price for oil or gas

Section 163 . Valuation of oil run through a North Slope field topping plant

Section 165 . (Repealed)

Section 167 . (Deleted)

Section 170 . (Repealed)

Section 171 . Prevailing value for oil, or commingled oil and NGLs

Section 172 . (Repealed)

Section 173 . Prevailing value for gas

Section 175 . Allocation of value between oil and NGLs

Section 180 . Choice of methods for determining reasonable cost of transportation

Section 190 . (Repealed)

Section 191 . Calculation of reasonable costs of transportation for oil or gas

Section 195 . Return on investment or cost of capital allowance to be used in calculation of reasonable costs of transportation for oil or gas, other than certain vessel transportation costs for oil or gas produced on or after January 1, 2003

Section 196 . Cost of capital allowance to be used in calculation of reasonable costs of vessel transportation for oil or gas produced on or after January 1, 2003, other than certain costs pertaining to vessels placed in service before January 1, 1995

Section 200 . Retroactive adjustments

Section 210 . (Repealed)

Section 220 . Oil and gas exploration tax credit

Section 225 . Oil and gas exploration tax credit claim

Section 230 . Qualified exploration expenditures

Section 235 . Transfer of a production tax credit certificate

Section 240 . Applying production tas credit certificates against production tax liability

Section 900 . Definitions

Section 9660 . (Repealed)

Section 9670 . (Repealed)

Section 9690 . (Repealed)

Section 9694 . (Repealed)

Section 9699 . (Repealed)

Section 9700 . (Repealed)

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The Alaska Administrative Code was automatically converted to HTML from a plain text format. Every effort has been made to ensure its accuracy, but neither Touch N' Go Systems nor the Law Offices of James B. Gottstein can be held responsible for any possible errors. This version of the Alaska Administrative Code is current through June, 2006.

If it is critical that the precise terms of the Alaska Administrative Code be known, it is recommended that more formal sources be consulted. Recent editions of the Alaska Administrative Journal may be obtained from the Alaska Lieutenant Governor's Office on the world wide web. If any errors are found, please e-mail Touch N' Go systems at E-mail. We hope you find this information useful. Copyright 2006. Touch N' Go Systems, Inc. All Rights Reserved.

Last modified 7/05/2006