Fillable Form 10-158 - Crude Oil Tax - Producer Report (Page 4 of 4) in pdf

Form 10-162 (Back)(Rev.6-12/4)

Instructions for Completing

Texas Crude Oil Tax Producer Lease Detail Supplement

For assistance call 1-800-252-1384 or 512-463-4600. Information is also available online at

Items 1, 5 & 6 - For the lease name shown in Item 1, enter the identification number assigned by the Texas Railroad Commission (RRC) in Item 5.

Add a leading "0" (zero) to the 5-digit oil lease number assigned by the RRC. Enter the check digit in the box to the right. The check digit is

available at https://ecpa.cpa.state.tx.us/cong/checkDigitForward.do. If the lease number has not been assigned by the RRC, use the drilling permit

number in Item 5. Mark Item 6 to denote if Item 5 is a drilling permit number.

Items 2 & 4 - In Item 2, enter the county of production. Enter the 3-digit county code for the county of production in Item 4. A list of county codes is

available in the Crude Oil Tax Guide and on the Comptroller's website at

Items 3 & 10 - In Item 3, enter the name of your purchaser. In Item 10, enter the 11-digit taxpayer number, assigned by the Comptroller's office, for

the purchaser name listed in Item 3. A taxpayer number search is available on the Comptroller's website.

Report by lease any oil used or lost showing yourself as purchaser and pay the tax due.

Any sales of crude oil to your own account must be reported and tax paid on the producer's report showing yourself as the purchaser. Do not

report these items on the purchaser's report.

If you stored crude oil during the month, show yourself as purchaser and pay the tax due. Crude oil on the lease from which it was produced is

not considered as taxable storage oil. Generally, storage oil refers to crude oil run to a central storage facility and commingled with crude oil

produced by other operators.

Item 7 - Enter the Comptroller approved numeric legislative exempt type, if applicable.

02 = Enhanced Oil Recovery (EOR) Projects approved prior to Jan. 1, 1994

03 = Two-Year Inactive Wells, effective Sept. 1, 1997

04 = Enhanced Oil Recovery (EOR) Projects approved Jan. 1, 1994 through Aug. 31, 1997

05 = Enhanced Oil Recovery (EOR) Projects approved after Aug. 31, 1997

06 = Incremental Production Leases, effective Sept. 1, 1997

07 = Three-Year Inactive Wells, effective Sept. 1, 1993 (expired Feb. 28, 2006)

08 = Co-Production Projects, effective Jan. 1, 1994

09 = Texas Experimental Research Recovery Activity (TERRA) Wells, effective Jan. 1, 1996

10 = Temporary Severance Tax Relief, effective Feb. 1, 1999 (expired July 31, 1999)

11 = Qualifying Low-Producing Leases, effective Sept. 1, 2005

12 = Reactivated Orphaned Wells, effective Jan. 1, 2006

13 = Enhanced Efficiency Equipment Wells, effective Sept. 1, 2005

14 = Enhanced Recovery Projects Using Anthropogenic Carbon Dioxide, effective Sept. 1, 2007

15 = Geothermal Energy, effective Sept. 1, 2009

Item 8 - Enter the last 8 digits of the American Petroleum Institute (API) number assigned to each well that qualifies for a well-level exemption.

This must be entered or the exemption will be disallowed. This includes exempt types 3, 7, 12 and 13.

Item 9 - For expanded EOR projects, mark the incremental exemption block to indicate that baseline production or incremental production is

being reported. NOTE: If you are reporting incremental production, baseline production must also be reported separately.

Item 11 - If you are the physical operator of the lease, check "YES." If you are an interest owner, check "NO."

Item 12 - Complete this item for ALL lease types, even if you do not owe any tax. If you mark "YES" (responsible for tax remittance), complete all

remaining items. If you mark "NO" (not responsible for tax remittance), complete Items 13, 14 and 17 only.

Item 13 - Enter your API gravity for the lease. This should be a numeric figure to the tenth (xx.x).

Item 14 - For crude oil sales, report the purchaser's gross take, temperature corrected and less exclusion for basic sediment and water. For oil lost

or used, report the amount of merchantable oil. For oil stored, report your gross runs to storage. Round all volumes up to the nearest

whole number.

Item 15 - Enter the volume of oil not subject to tax because of a governmental exempt status, such as state royalty. See Rule 3.34 Exemption of

Certain Royalty Interests from Oil Occupation Taxes and Regulation Pipeline Taxes on the Comptroller's website. Round all volumes up

to the nearest whole number.

Item 16 - Enter the taxable volume (gross barrels - exempt barrels).

Item 17 - Enter the total value of the crude oil reported in Item 14. Enter dollars and cents.

Item 18 - Enter the value of oil not subject to tax because of a governmental exempt status, such as state royalty. See Rule 3.34 Exemption of

Certain Royalty Interests from Oil Occupation Taxes and Regulation Pipeline Taxes on the Comptroller's website. Enter dollars and

cents.

Item 19 - Enter any physical trucking charges incurred by the producer. Enter dollars and cents.

Item 20 - Enter the value on which tax should be paid. For EOR (exempt types 2, 4 and 5), incremental production leases (exempt type 6), and

co-production projects (exempt type 8), enter one-half of (gross value minus exempt and trucking). For two-year inactive, three-year

inactive, TERRA, reactivated orphaned wells and geothermal energy (exempt types 3, 7, 9, 12 and 15), enter "0." For low-producing oil

leases (exempt type 11), enter the taxable value based on the price of oil. The applicable tax credit can be found on the Comptroller's

Web site. For enhanced efficiency equipment (exempt type 13), enter "0" unless the tax credit of 10% of cost of equipment, not to exceed

$1,000.00, has been reached. For Enhanced Recovery Projects Using Anthropogenic Carbon Dioxide (exempt type 14), enter the

taxable value based on the percentage of anthropogenic carbon dioxide used in the project for the report period. Enter dollars and cents.

under Chapters 552 and 559, Government Code, to review, request and correct information we have on file about you.

You have certain rights

Form 10-158 - Crude Oil Tax - Producer Report Page 4

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