Form 4201 - Annual Gross Products For Gas Page 3
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12Instructions for 4201
Page 3
Line 4 - OPERATOR ONLY, enter total volume taken in-
kind, (4a + 4b + 4c + 4d).
D. TAXABLE VALUE CALCULATION
Line 5 - Enter mcf sold (Line 3 minus Line 4 for
operators;
volume
taken
in-kind
for
take
in-kind
interest owners).
Line 6 - (skip to line 7 if you have plant products)
Enter the gross sales value for the year where no plant
products are involved. Gross Sales Value includes all
revenue relating to the production for the reported
year, including tax reimbursements and all other revenue
received or credited to all interest owners not taking
in-kind and reporting on their own behalf, and including
all Federal, State, or Tribal royalty owner's interest.
Line 7 - Enter the gross sales value for the year where
plant products are involved. Gross Sales Value includes
all revenue relating to the production for the reported
year, including tax reimbursements and all other revenue
received or credited to all interest owners not taking
in-kind and reporting on their own behalf, and including
all Federal, State, or Tribal royalty owner's interest.
Complete and include Form 4231 when plant products are
involved.
Box
8a
-
Enter
the
value
of
the
Federal
Royalty
exemption, if any. If box 8a is greater than 12.5% of
line 6 or line 7, attach an explanation.
Box 8b - Enter the value of the State Royalty exemption,
if any.
Box
8c
-
Enter
the
value
of
the
Tribal
Royalty
exemption, if any.
Box 8d - Enter allowable plant processing costs. Line 7
must contain a value and Form 4231 must be completed and
included to report a processing deduction.
Type A Transportation - Allowable Type A Transportation
is the actual cost of transportation from the outlet of
the
initial
dehydrator
to
the
inlet
of
the
main
transmission line or main processing plant.
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