Get Boe-566-k (rp-979

Filling out the BOE-566-K (RP-979) form is essential for reporting oil and gas operating expenses accurately. This guide provides a step-by-step approach to ensure you complete the form correctly while navigating the online platform effortlessly.

Follow the steps to complete the BOE-566-K (RP-979) form accurately.

1. Click the ‘Get Form’ button to obtain the form and open it in the online editor.
2. Enter the year of the lien date at the top of the form, as required for the expense report.
3. Fill in the name of the operator (either an individual or corporation). If it is preprinted, verify and correct the spelling as needed.
4. For partnerships, include at least two names (last name, first name, middle initial) and for corporations, use the full legal name.
5. If applicable, enter the DBA (Doing Business As) or fictitious name below the operator's name.
6. Provide the mailing address of the legal entity, including street address or post office box, city, state, and ZIP code.
7. Enter the contact phone number for correspondence regarding the property.
8. Describe the property including field name, lease name, and pool. Indicate whether the recovery method is primary or other, and specify the method if it is not primary.
9. Fill in the parcel number and tax rate area number, if known.
10. Report producing wells, listing only those that contribute to normal lease production.
11. Provide production data for the same reporting period, including oil, water, and gas production in appropriate units.
12. On lines 7 through 15, report only direct field operating expenses, excluding capitalized items and royalty payments.
13. Detail enhanced recovery costs on line 16, with utilities costs reported on line 12.
14. For new wells and remedial well work, provide information on well number, type, completion date, depth, and total costs.
15. Submit expenditures for abandoned wells on line 22, including total costs and salvage value.
16. For surface investments and work-in-progress, report the total expenditures and differentiate between new and maintenance.
17. Complete the declaration by assessee, ensuring it is signed by the appropriate authority based on the entity type.
18. After all fields are filled, review the form for accuracy and completeness before finalizing your submission.
19. Users can save their changes, download the report, print, or share as needed.

Complete your BOE-566-K (RP-979) form online today to ensure timely and accurate filing.