UNITED STATES OF AMERICA 

FEDERAL ENERGY REGULATORY COMMISSION 

18 CFR Parts 347 & 357 

(Docket No. RM05-14-000; Order No. 656) 

Revision of FERC Form No. 73, Oil Pipeline Data Filing Instructions 

(Issued May 27, 2005) 

AGENCY: Federal Energy Regulatory Commission. 

ACTION: Final Rule. 

SUMMARY: The Federal Energy Regulatory Commission (Commission) is amending 

the FERC Form No. 73, Oil Pipeline Service Life Data to allow for filing in an Excel 

spreadsheet, eliminate the filing requirement for utility codes, which are no longer used 

by the Commission, and update the filing instructions to delete references to outdated 

filing formats. These modifications resulted from a review conducted by the 

Commission’s FERC Information Assessment Team (FIAT) of the Commission’s current 

reporting and information collection requirements to evaluate their original purposes and 

current uses and to propose ways to reduce the reporting burden on industry through the 

elimination, reduction, streamlining or reformatting of current collections. The 

information collected on FERC Form No. 73 assists the Commission in the selection of 

appropriate oil pipeline service lives and book depreciation rates. Some oil pipeline 

companies use the book depreciation rates to compute their operating expenses for 

accounting and cost of service purposes. 

 
Docket No. RM05- 14 -000 - 2 -

EFFECTIVE DATE: The rule will become effective [insert date 60 days after 

publication in the FEDERAL REGISTER].

FOR FURTHER INFORMATION CONTACT: 

Edward J. Fowlkes (Technical Information) 

Federal Energy Regulatory Commission 

888 First Street, N.E. 

Washington, DC 20426 

(202) 502-8772 

Joseph C. Athey (Technical Information) 

Federal Energy Regulatory Commission 

888 First Street, N.E. 

Washington, DC 20426 

(202) 502-8138 

Andrew L. Lyon (Legal Information) 

Federal Energy Regulatory Commission 

888 First Street, N.E. 

Washington, DC 20426 

(202) 502-8637 

SUPPLEMENTARY INFORMATION: 
 

UNITED STATES OF AMERICA 

FEDERAL ENERGY REGULATORY COMMISSION 

Before Commissioners: Pat Wood, III, Chairman; 

 Nora Mead Brownell, Joseph T. Kelliher, 

 and Suedeen G. Kelly. 

Revision of FERC Form No. 73, Docket No. RM05-14-000 

Oil Pipeline Data Filing Instructions 

ORDER NO. 656 

FINAL RULE 

(Issued May 27, 2005) 

Introduction

1. The Federal Energy Regulatory Commission (Commission or FERC) is revising 

the “FERC Form No. 73, Oil Pipeline Service Life Data” which is used to collect service 

life depreciation data from oil pipeline companies.1

 This final rule will allow for filing in 

an Excel spreadsheet, eliminate the filing requirement for utility codes, which are no 

longer used by the Commission, and update the filing instructions to delete references to 

outdated filing formats. These modifications resulted from a review conducted by the 

Commission’s FERC Information Assessment Team (FIAT) of the Commission’s current 

 1

 The revised format for FERC Form No. 73 will not be printed in the Federal 

Register or the Code of Federal Regulations. A copy of the revised form, including all 

instructions to the form, is available for request and review at the Public Reference Room 

during normal business hours (8:30 a.m. to 5:00 p.m. Eastern Time), Room 2A, 888 First 

Street N.E., Washington, D.C. 20426, (202) 502-8371. 
Docket No. RM05- 14 -000 - 2 -

reporting and information collections to evaluate their original purposes and current uses 

and to propose ways to reduce the reporting burden on industry through the elimination, 

reduction, streamlining or reformatting of current collections. The Commission’s 

objectives in issuing this rule are to reduce the reporting burden on oil pipeline

companies and to make it easier for the Commission to process the data used in the 

analysis of oil pipeline depreciation rates and service lives. 

Background

2. Commission jurisdiction over oil pipelines was transferred from the Interstate 

Commerce Commission (ICC) pursuant to sections 305 and 402 of the Department of 

Energy Organization Act (DOE Act)2

 and Executive Order No. 12,009.3 The scope of 

this Commission's jurisdiction over oil pipelines includes the authority to regulate their 

rates and charges for the transportation of oil in interstate commerce, and the authority to 

establish valuations. Section 705(a) of the DOE Act provides that the rules and 

regulations relating to functions transferred to this Commission will continue in effect 

until modified by the Commission. Commission regulations governing oil pipeline 

depreciation accounting for carrier property are set forth in the General Instructions to 

Title 18 CFR Part 352.4

 2

 42 U.S.C. 7155 and 7172 (2000). 

3

 Providing for the Effectuation of the Department of Energy Organization Act, 

42 FR 46267 (Sept. 13, 1977). 

4

 Uniform System of Accounts Prescribed for Oil Pipeline Companies Subject to 

the Provisions of the Interstate Commerce Act. 
Docket No. RM05- 14 -000 - 3 -

3. Oil pipeline companies are required to submit depreciation information to the 

Commission pursuant to 1-8(b)(2) and 1-8(b)(3) of the General Instructions found at 

18 CFR Part 352. These instructions require oil pipeline carriers to compute percentage 

rate studies for their depreciable property accounts, and to maintain records as to the 

service life and net salvage value of their property and property retirements. 

4. The Commission uses the information reported via FERC Form No. 73 to conduct 

depreciation rate investigations of oil pipelines. The Commission also uses the 

information to determine appropriate oil pipeline service lives and book depreciation 

rates.5

 Oil pipeline companies use book depreciation rates to compute the depreciation 

portion of their operating expenses when determining their cost of service. 

5. This rule eliminates certain data currently collected from oil pipeline companies 

by modifying the Filing Instructions to conform to modern data automation formats and 

oil pipeline identification protocols. The changes associated with FERC Form No. 73 

will reduce the amount of time required by Commission Staff to process the data and 

reduce the reporting burden on affected pipelines. 

Discussion

6. The current Filing Instructions request that pipelines submit all data on magnetic 

computer tape. The revised Filing Instructions eliminate this outdated electronic format. 

The Commission has eliminated all references to magnetic tape from the filing 

 5

 The definitions for “depreciation” and “service life” are set forth in 18 CFR 

Part 352. 
Docket No. RM05- 14 -000 - 4 -

instructions. In addition, the Commission has added an option to provide FERC Form 

No. 73 data using an Excel spreadsheet format. 

7. The Commission has reduced the Filing Instructions from 20 to 14 pages primarily 

as a result of the removal of the magnetic tape filing requirements. In addition, the 

Commission has revised the definitions code sequences for the A1 and S1 Schedule’s 

definitions and reformatted the sample layouts for Schedules A1 and S1 to make them 

clearer and easier to read. Lastly, the Commission has updated the Filing Instruction’s 

address for submitting completed Form 73’s. 

8. The Commission is eliminating the requirement to submit utility codes. These 

codes were used in an analytical model previously used. 

Information Collection Statement

9. Office of Management and Budget (OMB) regulations require OMB to approve 

certain information collection requirements imposed by agency rule.

6

 The Commission

solicits comments on the Commission’s need for this information, whether the 

information will have practical utility, the accuracy of provided burden estimates, ways to 

enhance the quality, utility and clarity of the information to be collected, and any 

suggested methods for minimizing respondents’ burden, including the use of automated 

information techniques. 

 6

 5 CFR 1320.11. 
Docket No. RM05- 14 -000 - 5 -

Estimated Annual Burden 

10. The Commission estimates that, on average, it will take respondents 40 hours per 

response and that approximately two percent of current oil pipelines would experience a 

change in status justifying a new depreciation schedule in any given year. 

11. The estimate contained in the Final Rule for the time necessary to comply with the 

reporting requirement is an average. While such a submission may take more than 40 

hours in some cases, we believe that in most instances compliance will take less time. 

Data Collection Number of 

Respondents 

Number of 

Hours\Response 

Number of 

Responses\Respondent 

Total Annual 

Hours 

FERC Form 73 2 40 2 80 

As a result of changes in the Final Rule, we anticipate a burden hour reduction of 30 

percent. 

Title: Oil Pipeline Data for Depreciation Analysis 

Action: Amend filing instruction requirements 

OMB Control No. 1902-0019 

Respondents: Businesses or other for profit. 

Frequency of Responses: On occasion. 

Necessity of Information: To satisfy the reporting requirement, the Commission expects 

respondents to submit a transmittal letter including a description of the oil pipeline 

facilities’ change in status and a narrative explaining whether (and, if so how) this change 

in status reflects a departure from the characteristics relied upon by the Commission in 

originally granting oil pipeline companies depreciation schedule changes. This 
Docket No. RM05- 14 -000 - 6 -

information assists the Commission in its determination of appropriate oil pipeline 

service lives and book depreciation rates. 

Internal review: The Commission has reviewed the proposed amendment to its 

regulations to establish a reporting obligation for changes in status of oil pipeline 

facilities and has determined that these regulations are necessary to ensure the accurate 

calculation of oil pipeline service lives and book depreciation rates. These regulations 

conform to the Commission’s plan for efficient information collection, communication, 

and management within the oil pipeline industry. The Commission has assured itself, by 

means of internal review, that there is specific, objective support for the burden estimates 

associated with the information/data retention requirements. 

12. Interested persons may obtain information on the reporting requirements by 

contacting: Federal Energy Regulatory Commission, 888 First Street, NE, Washington, 

D./C. 20426, Attention: Michael Miller, Office of the Executive Director, phone: (202) 

502-8415, fax: (202) 273-0873, e-mail: michael.miller@ferc.gov. Comments on the 

proposed requirements of the subject rule may also be sent to the Office of Information 

and Regulatory Affairs, Office of Management and Budget, Washington, D.C. 20503, 

Attention: Desk Office for the Federal Energy Regulatory Commission, phone: (202) 

395-4650. 

Environmental Analysis

13. The Commission is required to prepare an Environmental Assessment or an 

Environmental Impact Statement for any action that may have a significant adverse effect 
Docket No. RM05- 14 -000 - 7 -

on the human environment.7

 The Commission has categorically excluded certain actions 

from this requirement as not having a significant effect on the human environment. 

Included in the exclusion are rules that are clarifying, corrective, or procedural or that do 

not substantially change the effect of the regulations being amended.8

 This final rule is 

procedural in nature and therefore falls under this exception; consequently, no 

environmental assessment has been prepared for this rulemaking. 

Regulatory Flexibility Act

14. The Regulatory Flexibility Act of 1980 (RFA)9

 generally requires a description 

and analysis of final rules that will have significant economic impact on a substantial 

number of small entities. The Commission is not required to make such analyses if a rule 

would not have such an effect. 

15. The Commission concludes that the final rule would not have such an impact on 

small entities. Based on past experience, most of the oil pipelines having changes in 

status that would likely trigger a filing under the amended regulations would be entities 

 7 Regulations Implementing the National Environmental Policy Act, 52 FR 47897 

(Dec. 17, 1987), Order No. 486, FERC Stats. & Regs. ¶ 30,783 (1987). 

8

 18 CFR 380.4(a) (2) (ii). 

9

 5 U.S.C. 601-612 (2000). 
Docket No. RM05- 14 -000 - 8 -

that do not meet the RFA’s definition of a small entity.10 Therefore, the Commission 

certifies that this final rule will not have a significant economic impact on a substantial 

number of small entities. 

Document Availability

16. In addition to publishing the full text of this document in the Federal Register, the 

Commission provides all interested persons an opportunity to view and print the contents 

of this document via the Internet through the Commission’s Home Page 

(http://www.ferc.gov) and in the Commission’s Public Reference Room during normal 

business hours (8:30 a.m. to 5:00 p.m. Eastern Time) at 888 First Street, N.E., Room 2A, 

Washington, D.C. 20426. 

17. From the Commission’s Home Page on the Internet, this information is available 

in eLibrary. The full text of this document is available in eLibrary both in PDF and 

Microsoft Word format for viewing, printing, and/or downloading. To access this 

document in eLibrary, type the docket number excluding the last three digits of this 

document in the docket number field. 

 10 The RFA definition of “small entity” refers to the definition provided in the 

Small Business Act, which defines a “small business concern” as a business that is 

independently owned and operated and that is not dominant in its field of operation. 

15 U.S.C. 632 (2000). The Small Business Size Standards component of the North 

American Industry Classification System defines a small pipeline for the transportation of 

crude oil or refined petroleum products as one that, including its affiliates, for the 

preceding fiscal year had fewer than 1,500 employees per entity. 13 CFR §121.201 

(Section 486, Utilities, North American Industry Classification System, NAICS) (2004). 
Docket No. RM05- 14 -000 - 9 -

18. User assistance is available for eLibrary and the Commission’s website during our 

normal business hours. For assistance contact FERC Online Support at 

FERCOnlineSupport@ferc.gov or toll-free at (866) 208-3676, or for TTY, contact (202) 

502-8659. E-mail the Public Reference Room at public.referenceroom@ferc.gov or 202-

502-8371. 

Administrative Findings And Effective Date 

19. The Administrative Procedure Act (APA)11 requires rulemakings to be published 

in the Federal Register. The APA also mandates that an opportunity for comment be 

provided when an agency promulgates regulations. However, notice and comment are 

not required under the APA when the agency for good cause finds that notice and public 

procedure thereon are impracticable, unnecessary, or contrary to the public interest.12 

The Commission finds that notice and comment are unnecessary to this rulemaking. As 

explained above, the Commission is merely clarifying the scope of its regulations 

regarding the reporting of information on oil pipeline facility service life. This 

clarification does not change existing law or policy. It merely interprets an existing 

regulation in order to reduce a filing requirement thereby reducing the reporting burden 

on the oil pipeline industry. Accordingly, this rule is effective [insert date 60 days after 

publication in the FEDERAL REGISTER].. 

 11 5 U.S.C. 551-559 (2000). 

12 5 U.S.C. 553b (B) (2000). 
Docket No. RM05- 14 -000 - 10 -

Congressional Notification

20. The Commission has determined, with the concurrence of the Administrator, 

Office of Information and Regulatory Affairs of the Office of Management and Budget, 

that this rule is not a “major rule” within the meaning of section 251 of the Small 

Business Regulatory Enforcement Fairness Act of 1996.13 The Commission will submit 

this Final Rule to both houses of Congress and the General Accounting Office.14

21. These regulations are effective [insert date 60 days after publication in the 

FEDERAL REGISTER]. 

List of subjects in 18 CFR Parts 347 and 357

• Oil pipeline depreciation studies. 

• Data for depreciation studies. 

By the Commission. 

( S E A L ) 

 

Linda Mitry, 

Deputy Secretary. 

 

[Note: this Appendix will not appear in the Code of Federal Regulations] 

 13 5 U.S.C. 804(2) (2000). 

14 5 U.S.C. 801(a) (1) (A) (2000). 
Docket No. RM05-14-000 

Appendix

Form Approved 

OMB No. 1920-0019 

(Expires 03/31/05) 

INSTRUCTIONS FOR FILING 

FERC FORM NO. 73 

OIL PIPELINE SERVICE LIFE DATA 

The term ‘Federal Energy Regulatory Commission (FERC)” refers to the FERC

 or its predecessor the Federal Power Commission (FPC) 

FERC FORM No. 73 
Docket No. RM05- 14 -000 - 2 -

FEDERAL ENERGY REGULATORY COMMISSION 

Washington, D. C. 20426 

INSTRUCTIONS FOR FILING 

FERC Form No. 73 

(Form approved: OMB No. 1902-0019, expires 03/31/05) 

OIL PIPELINE SERVICE LIFE DATA 
Docket No. RM05- 14 -000 - 3 -

FERC Form No. 73

Table of Contents

General Information..........................................................................4 

General Instructions.........................................................................6 

Schedule A1 ─ Specific Instructions......................................................7 

 ─ Sample Schedule A1......................................................8 

 ─ Definitions................................................................9 

Schedule S1 ─ Specific Instructions.....................................................10 

 ─ Sample Schedule S1....................................................11 

 ─ Definitions................................................................12 

Appendix ─ Transaction Codes.......................................................13
Docket No. RM05- 14 -000 - 4 -

INSTRUCTIONS FOR FILING 

SERVICE LIFE DATA 

GENERAL INFORMATION 

I. PURPOSE 

During an investigation of an oil pipeline company’s book depreciation rates, the 

Commission requests service life data as a part of its data request. This service 

life data, which may be initial data or an update to previously existing data, is 

collected on FERC Form No. 73. The information collected on FERC Form No. 

73 is used as an input to assist the Commission in the selection of appropriate oil 

pipeline company service lives and book depreciation rates. 

II. WHO MUST FILE 

Any oil pipeline company who is directed by the Commission to file service life 

data during an investigation of the appropriateness of its book depreciation rates. 

III. WHEN TO SUBMIT 

Service life data is reported to the Commission by an oil pipeline company only 

during a depreciation rate investigation. 

IV. WHAT TO SUBMIT 

The Form No. 73 requires that actuarial or simulation service life data be set forth 

in a standardized format. 

1. If you are not submitting this report in an electronic media format, submit an 

original and three (3) copies of this report. An Excel spreadsheet is an 

acceptable format. 

2. Upon request of the Commission, the company must submit such additional 

supporting and clarifying data and information as may be specified. 

V. WHERE TO SUBMIT

1. Submit this report to: 

Office of the Secretary 

Federal Energy Regulatory Commission 

888 First Street, N.E. 

Washington, D.C. 20426 
Docket No. RM05- 14 -000 - 5 -

2. Hand deliveries can be made to: 

Office of the Secretary 

Federal Energy Regulatory Commission 

Room 1A 

888 First Street, N.E. 

Washington, D.C. 20426 
Docket No. RM05- 14 -000 - 6 -

GENERAL INSTRUCTIONS 

1. Each reporting company may file either actuarial or simulation service life data. If 

a respondent chooses to file actuarial data, Schedule A1 would be filed. If a 

respondent chooses to file simulation data, Schedule S1 would be filed. The first 

or initial filing of service life data by a pipeline company with the Federal Energy 

Regulatory Commission (whether simulation data or actuarial data) should begin 

with the first year of company operations or 1940 whichever is later. Subsequent 

filings of service life data by a respondent pipeline company may contain the 

transaction data only from the year of the last report to the present. 

2. Report all dollar items rounded to the nearest dollar. Commas, decimal points, 

and special characters should not be used. 

3. The “Account Number” as used in this Form No. 73 consists of the three digit 

account number specified in the Uniform System of Accounts with a suffix of “P” 

for Product Lines, “C” for Crude Lines, or some other character, specified by the 

Commission, to designate a system or division of the respondent company. Thus, 

an account number for purposes of filing the Form No. 73 consists of four 

characters, three digits followed by one alphabetic character. 

The Commission may provide additional special instructions for filing the Form 

No. 73 requesting a respondent to report service life data in greater detail than 

specified in the Uniform System of Accounts. In such instances, the respondent

will add a one letter suffix, specified by the Commission, to the account number. 

• for example, a respondent may be asked to report for its Product Line 

“Vehicles and Other Work Equipment”, Account 165, by “Vehicles”, with 

an account designator, “165PV”, and “Other Work Equipment”, with an 

account designator, “165PE”. 

SOURCES FOR CODES USED 

1. UNIFORM SYSTEM OF ACCOUNTS FOR OIL PIPELINE COMPANIES – See 

Part 352 – Uniform System of Accounts Prescribed for Oil Pipeline Companies, 

Chapter 1 – Federal Energy Regulatory Commission, Title 18, “Code of Federal 

Regulations”. 

2. Transaction Codes – Transaction Codes are listed in the Appendix. 
Docket No. RM05- 14 -000 - 7 -

SPECIFIC INSTRUCTIONS 

Service Life Data (Actuarial) 

Schedule A1

This schedule is sequenced by Account Number. A new page is started when a 

change in account occurs and the account name and account number is displayed as 

the top line in the body of the report. 

Data for actuarial analysis of property accounts 102-186 is reported by vintage 

year from the date of initial operations to the present date. All activity (additions, 

retirements, transfers, and balances) is reported by Installation Year, Transaction 

Year, Transaction Code, and Ledger Value. Number of units, gross salvage, and cost 

of removal should be included where applicable. 

Extreme care should be exercised in assigning Transaction Codes to each 

transaction in order that the analysis of data will produce meaningful results. 

Every vintage year must begin with a Transaction Code “00”, “11”, “12”, “13’, 

“30”, or “51”. An entry will be made for each year following the vintage year in 

which some activity occurred for this account, (e.g., addition, retirement, etc.) listing 

the appropriate Transaction Code for the activity. Every vintage year must terminate 

with a Transaction Balance Code, “99”. 

In reporting Installation Year, Transaction Year, and Corrected Transaction Year, 

no date prior to 1940 is acceptable. For a respondent’s initial report, a 1940 

transaction year, “00” Transaction Code, may be used to report the net balance of 

property in service as of December 31, 1939. If a respondent commenced operations 

after 1940, in the initial filing of the Form No. 73, the respondent should report a 

Transaction Code “00” for the net balance of property in service as December 31 of 

the year preceding the year of commencement of operations. For a respondent’s 

Update Report, each vintage will begin with an initial balance, Transaction Code 

“00”, which should correspond to the ending balance, Balance Code “99”, reported on 

the previous filing of the Form No. 73. 

Installation Year, Transaction Year, Transaction Code, and Ledger Value must be 

reported for each transition. Unreported fields should be left blank. 

Negative numbers must not be used except when “Corrected Transaction Year” 

field is used. If the “Corrected Transaction Year” field is used, Units, Ledger Value, 

Gross Salvage Value, and Cost of Removal may be negative as necessary to make 

corrections.
Docket No. RM05- 14 -000 

SERVICE LIFE DATA

(a) Pipeline Company Name 

xxxxxxxxxxxxxxxxxxxxxxxxxx 

(d) From January 1, xxxx (e) to December 31, xxxx 

(f) Account Number: xxxx (g) Account Name : xxxxxxxxxxxxxxxxxxxxxxx

Installation 

Year 

Transaction 

Year 

Corrected 

Transaction Year

Transaction 

Code 

Number of 

Units 

Ledger Value G

Sa

(h) (i) (j ) (k) (l) (m) 

xxxx xxxx xxxx xx xxxxxxxx xxxxxxxxxxxxx xxxx
Docket No. RM05-14-000 - 9 -

DEFINITIONS OF ITEMS CONTAINED ON SCHEDULE A1 

Schedule 

Reference 

Item Name Definition--Description 

(a) Pipeline Company

Name 

Name of pipeline filing report 

(b) Schedule ID Form Number A1 

(c) Page Number Sequential page numbers as needed. 

(d) Start Date The beginning year for the service life data reported. 

The year will be reported as a four digit number and 

will be 1940 or later. 

(e) End Date The ending year for the service life data being reported. 

The year will be reported as a four digit number. 

(f) FERC Account

Number 

Uniform System of Accounts number associated with 

the service life data reported on this page with 

appropriate suffix as specified in the general 

instructions. 

(g) FERC Account

Name 

Uniform System of Accounts name associated with the 

service life data reported on this page. 

(h) Installation Year The year the property was first placed in service by the 

reporting carrier. 

(i) Transaction Year The year of the particular transaction being recorded by 

this entry; must be equal to or greater than the 

installation year. 

(j) Corrected

Transaction Year 

For corrections of previous entries only. The year of 

the correction is the transaction year. This field is the 

year that is being corrected. Appropriate corrections (+ 

or -) are recorded in the units, ledger value, gross 

salvage, and cost of removal fields to properly correct 

the erroneous entry. Transaction Codes must be the 

same as the entry corrected. 

(k) Transaction Code The type of transaction being recorded. (See 

Transaction Codes in the Appendix). 

(l) Number of Units Number of physical units associated with a transaction. 

(m) Ledger Value Ledger value of property involved in a transaction. 

(n) Gross Salvage The actual dollars of salvage recovered upon retirement 

or disposition of an asset, including insurance proceeds.

(o) Cost of Removal Total cost to dispose of property and to restore 

environment as required. 
Docket No. RM05-14-000 - 10 -

 SPECIFIC INSTRUCTIONS 

Service Life Data (Simulation) 

Schedule S1

This schedule is sequenced by Account Number. A new page is started when a 

change in account occurs and the account name and account number is displayed as 

the top line in the body of the report. 

Data for Simulated Plant Record (SPR) analysis of oil pipeline property accounts 

102-186 is reported for each year from the date of initial operation to the present date 

using the appropriate “Transaction Codes”. 

 Extreme care should be exercised in assigning Transaction Codes to each 

transaction in order that the analysis of data will produce meaningful results. 

In reporting activity for each account, a Transaction Year, Transaction Code and a 

Ledger Value must be reported for each transaction activity. A Transaction Year 

prior to 1940 is not acceptable. For a respondent’s initial report, a 1940 Transaction 

Year, “00” Transaction Code, may be used to report the net balance of property in 

service as of December 31, 1939. If a respondent commenced operations after 1940, 

in the initial filing of the Form No. 73, the respondent should report a Transaction 

Code “00” for the balance of property in service as December 31 of the year 

preceding the year of commencement of operations. For respondent’s initial report 

with a Transaction Year later than 1940, the net balance of property in service should 

be as of December 31 of the preceding year. For a respondent’s Update Report, each 

account will begin with an initial balance, Transaction Code “00”, which should 

correspond to the ending balance, Transaction Code “99”, reported on the previous 

filing of the Form No. 73. 

 Each account must have a transaction year with a Transaction Code, “99”, which 

must equal the balance in the FERC Form No. 6, Annual Report of Oil Pipeline 

Companies. 

 Negative numbers should not be used in any field. Each Transaction Year must 

have an applicable transaction installation code or transaction retirement code. 
Docket No. RM05-14-000 - 11 -

Schedule S1

SERVICE LIFE DATA

(a) Pipeline Company Name (b) Schedule 

xxxxxxxxxxxxxxxxxxxxxxxxx S1 

(c) Page xxxx 

(d) From January 1, xxxx to (e) December 31, xxxx 

(f) Account Number: xxxx (g) Account Name: xxxxxxxxxxxxxxxxxxxxxx 

Transaction Year Transaction Code Ledger Value 

(h) (i) (j)

xxxx xx xxxxxxxxxxxx
Docket No. RM05-14-000 - 12 -

DEFINITIONS OF ITEMS CONTAINED ON SCHEDULE S1 

Schedule 

Reference 

Item Name Definition--Description 

(a) Pipeline Company

Name 

Name of pipeline filing report. 

(b) Schedule ID Form Number S1 

(c) Page Number Sequential page numbers as needed. 

(d) Start Date The beginning year for the service life data reported. 

The year will be reported, as a four digit number and 

will be 1940 or later. 

(e) End Date The ending year for the service life data being reported. 

The year will be reported as a four digit number. 

(f) FERC Account

Number 

Uniform System of Accounts number associated with 

the service life data reported on this page with 

appropriate suffix as specified in the general 

instructions. 

(g) FERC Account

Name 

Uniform System of Accounts name associated with the 

service life data reported on this page. 

(h) Transaction Year The year of the particular transaction being recorded by 

this entry; must be equal to or greater than the 

installation year. 

(i) Transaction Code The type of transaction being recorded. (See 

Transaction Codes in the Appendix). 

(j) Ledger Value Ledger value of property involved in a transaction. 
Docket No. RM05-14-000 - 13 -

Appendix

Definition – This item identifies the acceptable transaction codes which are reported 

for each transaction. 

Transaction 

Code 

Transaction 

Title 

Transaction Type--Description 

00 Initial Balance Installation--net balance of property in service as of 

December 31 of the year prior to the start date (See 

Definition of Items for Schedule S1 or A1) 

11 New

12 Second Hand

13 Reconditioned

(See code 65) 

Installation--placement of property in service. These 

codes distinguish the condition of the property when it is 

added. A vintage year must begin with one of the 

following codes: 00, 11, 12, 13, 30 or 51. 

30 Acquisition Installation--property acquired from another operation 

carrier to be continued in the same or similar type of 

service. Acquisitions may occur as the result of mergers, 

consolidations, pooling of interests, or purchase of another 

company or portion thereof. 

51 Transfer In Transfer resulting in an increase of investment in an 

account with a concurrent decrease in another depreciable

account with the company or an affiliated company. 

Opposite of a Transfer Out. 

52 Transfer Out Transfer--the removal of property from a depreciable 

account and concurrent reassignment of that property to 

another account in the company or an affiliated company. 

The reason for a Transfer Out may be a reclassification or 

a change in operations. No salvage entries are allowed for 

this code. 

61 Regular Retirement--all retirements which occur in the course of 

normal operations for any cause other than those listed 

herein. 

62 Reimbursed Retirement--a retirement of property for which the 

company is compensated fully at the time of retirement 

through insurance or by public authority as a result of 

negotiations. 

63 Sale Retirement--a retirement in which “going concern” 

property is sold for reuse to another organization for 

continuation of service. Sales at the end of life or because 

the property is no longer useful for normal transportation 

purposes are Regular Retirements (Code 61). 
Docket No. RM05-14-000 - 14 -

Definition – This item identifies the acceptable transaction codes which are reported 

for each transaction. 

Transaction 

Code 

Transaction 

Title 

Transaction Type--Description 

64 Outlier Retirement--a retirement which reflects a highly 

improbable occurrence should be classified as an outlier if 

the situation under which the retirement occurred can be 

documented as being exceptionally unusual. 

65 Reconditioned Retirement--retirement for the purpose of reconditioning 

the asset for further transportation service when the 

reconditioning is performed by the company or an 

affiliated company. The property is reentered into service 

coded 13 (Reconditioned). 

81 + Adjustment

82 - Adjustment

Adjustment--adjustment codes should be used only with 

FERC approval. Entries to correct past errors or 

omissions are not considered to be adjustments and should 

be corrected by use of the “Corrected Transaction Year” 

field. 

99 Balance Balance--balance in service as of December 31 of the End 

Date (See Definitions of Items for Schedule A1 or S1). 

No salvage entries are permitted for this code.