Code of Federal Regulations (Last Updated: July 5, 2024) |
Title 30 - Mineral Resources |
Chapter II - Bureau of Safety and Environmental Enforcement, Department of the Interior |
SubChapter A - Minerals Revenue Management |
Part 203 - Relief or Reduction in Royalty Rates |
Subpart B - OCS Oil, Gas, and Sulfur General |
Required Reports |
§ 203.88 - What is in a production report?
Latest version.
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§ 203.88 What is in a production report?
This report supports your development and production timing and product quality expectations and must contain the following elements.
(a) Production profiles by well completion and field that specify the actual and projected production by year for each of the following products: oil, condensate, gas, and associated gas. The production from each profile must be consistent with a specific level of reserves and resources on the aggregated distribution of field size.
(b) Production drive mechanisms for each reservoir.