Source: https://www.law.cornell.edu/cfr/text/18/appendix-C_to_part_2
Timestamp: 2017-04-29 21:51:42
Document Index: 337217087

Matched Legal Cases: ['art 2', 'art 2', 'art_2', 'art 2', 'art 2', '§ 601']

18 CFR Appendix C to Part 2, Nationwide Proceeding Computation of Federal Income Tax Allowance Independent Producers, Pipeline Affiliates and Pipeline Producers Continental U.S. - 1972 Data (Docket No. R-478) | US Law | LII / Legal Information Institute
CFR › Title 18 › Chapter I › Subchapter A › Part 2 › Appendix C_to_part_2 18 CFR Appendix C to Part 2, Nationwide Proceeding Computation of Federal Income Tax Allowance Independent Producers, Pipeline Affiliates and Pipeline Producers Continental U.S. - 1972 Data (Docket No. R-478)
Appendix C to Part 2 - Nationwide Proceeding Computation of Federal Income Tax Allowance Independent Producers, Pipeline Affiliates and Pipeline Producers Continental U.S. - 1972 Data (Docket No. R-478)
(1) - Total 1
(2) - Total excluding production taxes 2
(3) - Gas only 3
(4) - Lease separation 3
(5) - No lease separation 3
(6) - Total 4
(7) - Percentage lease separation gas 5
(8) - Allocated amount gas 6
production, exploration and development costs
Direct and indirect lease costs and expenses
1,694,893,558
57,287,938
$144,679,567
$19,763,791
$221,731,296
207,740,782
Taxes (except income and production)
210,335,720
16,507,630
20,431,444
4,360,024
41,299,098
39,323,337
479,424,297
27,124,210
96,699,673
10,005,599
133,829,482
124,478,624
Other lease expenses
61,102,433
17,527,077
24,988,900
336,427
42,852,404
40,435,977
1,716,823,070
105,999,777
297,881,312
25,502,048
429,383,137
400,578,014
Corporate general expense
278,845,909
13,611,337
25,077,796
3,579,728
42,268,861
39,843,838
Area, district, division and field expense
261,718,417
26,178,417
7,207,320
21,758,604
2,778,944
31,744,868
29,640,811
Miscellaneous lease revenues
(12,203,136)
(1,348,729)
(2,768,788)
(314,067)
(4,431,584)
(4,163,842)
Return on production rate base at 15 percent
2,505,272,672
186,055,524
427,939,601
69,857,212
663,852,337
622,470,578
Exploration and development costs and expenses
1,673,945,853
594,971,262
Return on exploration rate base at 15 percent
588,558,894
234,604,103
Regulatory commission expense including return
6,514,279
6,514,852
Total computed revenue
9,465,231,966
8,985,807,669
2,336,439,376
16 (gross income)
18 revenue deductions
207,740,872
39,323,377
Book depletion
7 (283,121,142)
283,121,242
24,287,986
61,675,828
6,177,596
92,141,410
86,177,357
7 (654,604,447)
654,604,447
30,223,586
94,010,520
7,007,662
131,241,768
122,150,951
Amortization of capitalized IDC
7 (779,097,382)
779,097,382
51,488,205
142,194,964
12,316,790
205,999,959
192,249,706
Regulatory commission expense
6,384,384
6,394,384
Total book expenses
6,371,380,505
5,891,856,209
1,479,243,227
Production net income (line 15 less line 32)
3,093,951,461
3,093,951,460
857,190,149
36 tax adjustment - add (deduct)
779,097,282
Estimated IDC capitalized in 1972
8 (1,470,935,857)
(1,470,935,857)
(362,967,445)
Interest expense (calculated)
9 (243,846,540)
(243,846,540)
(60,587,136)
2,158,266,445
625,891,274
Federal income tax at 48 percent
1,992,245,949
10 577,745,791
1 Lines 1 thru 15, col. (1). From Notice issued Sept. 12, 1974, app. A, p. 12, col. (d).
2 Production taxes have been deleted from col. (1).
3 From notice issued Sept. 12, 1974, app. A, p. 12, cols. (g), (h), and (i).
4 Col. (3) plus col. (4) plus col. (5).
5 Calculated on a modified British thermal unit basis (1.5 to 1).
6 Col. (7) times col. (4), plus cols. (3) and (5).
7 See composites mailed to all parties on Feb. 13, 1974.
8 Calculated, 188.8 percent (A R64-1-2) times $779,097,382 equals $1,470,935,857.
9 Calculated 0.0146 (interest rate) times $16,701,817,818 (app. A, schedule 2-A, (d), line 11, p. 13) equals $243,846,540.
10 $577,745,791 divided by 9,508,369,001 equals 6.08 cents per thousand cubic feet.
[Opinion 749, 41 FR 3092, Jan. 21, 1976] This is a list of United States Code sections, Statutes at Large, Public Laws, and Presidential Documents, which provide rulemaking authority for this CFR Part.This list is taken from the Parallel Table of Authorities and Rules provided by GPO [Government Printing Office].It is not guaranteed to be accurate or up-to-date, though we do refresh the database weekly. More limitations on accuracy are described at the GPO site.United States CodeU.S. Code: Title 5 - GOVERNMENT ORGANIZATION AND EMPLOYEES§ 601 - Definitions