Alaska Admin. Code tit. 15, § 55.163
Valuation of oil run through a North Slope field topping plant
Effective Jan 1, 2003Alaska Register 164(Eff. 1/1/2003, Register 164) | Authority: AS 43.05.080, AS 43.55.030, AS 43.55.190, AS 43.55.011, AS 43.55.040, AS 43.55.020, AS 43.55.150
- (a) This section applies to oil run through a field topping plant in the Alaska North Slope area that is not returned and blended back into a production stream upstream of a point of production for oil.
- (b) The gross value per barrel at the point of production for the oil is the prevailing value for that month determined under 15 AAC 55.171(g) multiplied by 1.2.
- (c) The gross value determined under this section includes and is in place of the value of all pertinent cash receipts and disbursements between the owners of a field topping plant and the working interest owners of the oil run through the field topping plant.
(Eff. 1/1/2003, Register 164)
Authority: AS 43.05.080, AS 43.55.030, AS 43.55.190, AS 43.55.011, AS 43.55.040, AS 43.55.020, AS 43.55.150