Fillable Form 10-140 - Texas Crude Oil Producer Special Report (Page 2 of 2) in pdf

10-140 (Back)(Rev.8-05/17)

INSTRUCTIONS FOR COMPLETING TEXAS CRUDE OIL

Under Ch. 559, Government Code, you are entitled to review,

PRODUCER SPECIAL REPORT

request, and correct information we have on file about you, with

limited exceptions in accordance with Ch. 552, Government Code.

WHO MUST FILE - This report must be submitted by annual crude oil

To request information for review or to request error correction,

producers/operators in order to pay taxes on oil used, lost, stolen, or

otherwise unaccounted for after it has been produced and

measured. Failure to file this return and pay applicable tax may

result in collection action as prescribed by Title 2 of the Texas Tax

Code. This report may also be used to report a one time sale of

crude oil. (One time sale means oil has not been sold more than one

time in a twelve month period.)

WHEN TO FILE - This report must be filed and tax paid on or before the

25th day of the month covering transactions made during the

previous month.

FOR ASSISTANCE - For assistance with any Texas Crude Oil and

Natural Gas tax problem, please call 1-800-252-1384 toll free

nationwide. In Austin, call 512/463-4600.

GENERAL INFORMATION

Type or print

Do not write in shaded areas

Complete all required information

SPECIFIC INSTRUCTIONS

Items 1 & 6 - For the lease shown in Item 1, enter the identification

Item 12 - Enter the taxable barrels (gross barrels minus exempt

number assigned by the Texas Railroad Commission (RRC)

barrels).

in Item 6. Add a leading "0" to the five-digit lease number

assigned by the RRC. Also, enter the check number in the

Item 13 - Enter the total value of the crude oil reported in Item 10.

box to the right. The Comptroller's office can give you this

NOTE: Two decimal places are required.

number, or you may leave it blank.

Item 14 - You are liable for tax; complete Items 15-18.

Items 2 & 5 - In Item 5, enter the 3-digit county code for the county of

production shown in Item 2. A list of county codes can be

Item 15 - Enter your API gravity for the lease number entered in Item

found in the Crude Oil Tax Guide.

6. This should be a numeric figure to the tenth. (xx.x)

Items 3 & 8 - In Item 8, enter the 11-digit taxpayer number assigned by

Item 16 - Enter the value of oil not subject to tax because of an

the Comptroller's office of the other party shown in Item 3.

exempt status, such as state royalty (see Rule 3.34). NOTE:

FOR OIL THAT WAS LOST, STOLEN OR UNACCOUNTED

Two decimal places are required.

FOR, enter your name and taxpayer number. FOR A ONE

TIME SALE OF CRUDE OIL, enter the first purchaser's

Enter any physical trucking charges incurred by the pro-

Item 17 -

name.

ducer. NOTE: Two decimal places are required.

Item 4 - Enter one of the types listed below. A one-digit numeric

Item 18 - Enter the value on which tax should be paid. For EOR,

figure should be used.

incremental production (unless suspended), and co-

1 = Oil lease

production projects, enter one half of the gross value (minus

2 = Enhanced Oil Recovery (EOR) wells approved before

exempt and trucking). For two-year and three-year inactive

January 1, 1994

wells, reactivated orphaned wells, enhanced efficiency

3 = Two-year inactive wells effective September 1, 1997

equipment wells, and TERRA wells, enter "0."

4 = EOR wells approved January 1, 1994 through August

31, 1997

Item 19 - Total of all net taxable values in item(s) 18.

5 = EOR wells approved after August 31, 1997

6 = Incremental Production wells (Senate Bill 1440) effective

Item 20 - Total of ALL taxable barrels reported in Item(s) 12. This

September 1, 1997

includes all legislative exemptions (EOR, inactive wells,

7 = Three-year inactive wells effective September 1, 1993

incremental production, etc.) except for TERRA wells and

8 = Co-production projects effective January 1, 1994

reactivated orphaned wells.

9 = TERRA wells effective January 1, 1994

10 = Temporary Severance Tax Relief effective February 1,

Item 21 - Total of all net taxable values x .046 (4.6%).

1999

11 = Qualifying low-producing wells effective September 1,

Item 22 - Reporting Periods Prior to 0109 - Total taxable barrels x

2005

.005. The rate of $.005 per barrel is a combined rate of the

12 = Reactivated orphaned wells effective January 1, 2006

Oil Field Clean-up Fee of $.003125 and the Regulatory Tax

13 = Enhanced

Efficiency

Equipment

wells

effective

of $.001875 per barrel.

September 1, 2005.

Reporting Periods 0109 and later - Total taxable barrels x

Item 7 - For expanded EOR projects, mark block "1" to indicate that

.005. The rate of $.005 per barrel is a combined rate of the

baseline production is being reported on this lease. Mark

Oil Field Clean-up Fee of $.003125 and the Regulatory Tax

block "2" to indicate that incremental production is being

of $.001875 per barrel.

reported. NOTE: If you are reporting incremental production

(2), baseline production (1) must also be reported on a

Item 23 - Total of values reported on line 21 plus 22.

separate line.

Item 24 - PENALTY: If 1-30 days late, enter 5% of Item 23. If more

Item 9 - PRODUCER: If you are the physical operator of the lease,

than 30 days late enter 10% of Item 23.

check "YES." If you are an interest owner, check "NO."

INTEREST: If any tax is unpaid 61 days after the due date,

Item 10 - Enter the total number of merchantable barrels sold, used,

enter interest on the amount in item 25. Calculate interest at

lost, stolen or unaccounted for.

the rate published online at <

or call the Comptroller toll free at 1-877-44RATE4, for the

Item 11 - Enter the volume of oil not subject to tax because of a

applicable interest rate.

governmental exempt status, such as state royalty (see

Rule 3.34).

Form 10-140 - Texas Crude Oil Producer Special Report Page 2

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