Ohio Administrative Code › Title 5703 - Department of Taxation › Chapter 5703-3 - Property Tax › Section 5703-3-02 - Oil, gas and water production plants

Current through all regulations passed and filed through July 1, 2024
Certain tangible property used in the oil, gas and water
				production industry shall be classified as real property or personal property
				as follows:
General plant facilities
(Common to general oil, gas and water production plants,
				separate units)
(A) Real property
(1) Land and improvements to land, including
			 retaining walls, piling, and foundations for the improvement of the site;
			 private roads, walks, paving, areaways, culverts, bridges, viaducts, subways
			 and tunnels; fencing, artificial lakes, reservoirs, spray ponds, dams, ditches,
			 and canals; drainage, storm, plant waste, and sanitary sewers.
(2) Buildings and improvements to buildings,
			 including foundations, floors, frames, permanent partitions, walls, roofs,
			 stairways, loading and unloading platforms, and canopies; built-in system for
			 heating, air-conditioning, ventilating, sanitation, fixed fire protection,
			 lighting, plumbing and drinking water; awnings and shades, built-in
			 inter-communicating system including private telephone, telegraph, and
			 auto-call equipment, building elevators, (freight and passenger) and
			 escalators.
(3) Power plant
			 machinery and equipment:
(a) Steam power
			 generating equipment including boilers, settings, breechings, and stacks; fuel
			 storage tanks and bunkers; fuel preparation and handling equipment; special
			 burners for coal, coke, oil or gas; ash handling equipment; fans, motors,
			 turbines, or engines, pumps, piping, valves, fittings and insulation;
			 condensing equipment, cooling towers, and spray pond equipment, air
			 compressors, receivers, etc., and all auxiliary equipment.
(b) Electric power generating equipment
			 including engines, turbines, generators, motors, exciters, pumps, condensers,
			 coolers, fans, instruments, and all auxiliary equipment; piping, valves,
			 fittings, and insulation; main switchboard complete; transformers, electric
			 power circuits complete with wires, cables, conduits, towers, poles, and
			 incidental equipment on primary side of sub-station switchboard.
(c) Electric power receiving equipment
			 including main switchboard complete, transformers, converters, electric power
			 circuits, complete with wires, cables, conduits, towers, poles, and incidental
			 equipment on primary side of sub-station switchboard.
(4) Main water pumping station equipment,
			 including deep wells, intakes, pumps, piping, valves, fittings, and insulation;
			 storage tanks, fixed fire protection systems, storage and pressure water tanks
			 and pressure pumps, piping, valves, fittings, and insulation; hydrants, and
			 sprinkler systems.
(5) Main service
			 lines for steam, electric power circuits, water or gas.
(6) Permanent trackage, bridges, trestles,
			 and track scales; water and coaling stations.
(7) Permanent trackage, and electric power
			 lines for gantry cranes, ore bridges and similar equipment.
(8) Wagon or truck platform scales.
(9) Fixed river or lake wharves.
(10) Gas holders.
The following items in paragraphs (A)(11) to (A)(22) of this
				rule when installed and located on the premises or leased premises of the owner
				and used in the recovery or production of water, will be included in the value
				of the right to the mineral and are to be assessed as real estate as provided
				in sections 5713.05 and
				5713.06 of the Revised Code. The
				following items in paragraphs (A)(11) to (A)(22) of this rule when installed
				and located on the premises or leased premises of the owner and used in the
				recovery or production of oil or gas, shall not be included in the valuation of
				the right to the minerals pursuant to sections
				5709.112 and
				5715.01 of the Revised Code. The
				values as determined by section
				5713.051 of the Revised Code
				shall be the true value in money of oil reserves and gas reserves constituting
				real property on the first day of January of each tax year. Items in paragraphs
				(A)(11) to (A)(22) of this rule are to be classified and assessed as personal
				property if they are not installed on the leased premises or premises of the
				owner or if said items are used for the transmission, transportation or
				distribution of oil, gas or water.
(11) All equipment, supplying power to pumps
			 and pumping jacks, including motors, or engines, gas, gasoline, or diesel;
			 driving pulley for belt to "Bull Wheel"; connector rods and supports.
(12) All casings.
(13) Foot valves and rods for operation of
			 valves.
(14) Sucker rods.
(15) Derricks.
(16) All piping, valves and fittings and
			 supports.
(17) Receiving and
			 storage tanks.
(18) Compressors and
			 engines (gas and air) piping, receivers, etc.
(19) Main distributing switchboard.
(20) Power wiring from switchboard to
			 equipment.
(21) Gas
			 scrubbers.
(22) Cooling water
			 storage tanks.