Get Ak Dor Production Forecast Instructions 2019-2026

This guide provides step-by-step instructions on completing the AK DOR Production Forecast Instructions online. It is designed to assist users in accurately providing projected oil production information required by the Department of Revenue.

Follow the steps to complete your production forecast submission online.

1. Press the ‘Get Form’ button to obtain the form and access it for filling out the necessary details.
2. Select the OGM account you are registered under, then navigate to the ‘Return List’ for the July filing period. Choose ‘File Now’ for the ‘Oil and Gas Prod Forecast’ submission.
3. Fill in the taxpayer information section. Provide the name and contact information of the primary individual for queries about the production forecast. The company name, ID, and address should populate automatically.
4. Enter participating areas by choosing from the dropdown menu. Include each area, unit, and property code. Note that oil-producing properties use codes ending with ***L, while gas-producing properties use codes ending with ***G.
5. Input reserve estimate totals for each participating area. Click on the area link to enter details needed for reserve estimates and indicate the end of property life date for estimated recoveries.
6. Provide a monthly production forecast by entering average daily oil production for each month. Indicate if the forecast is included in the proved reserves. This is expected to be a development case forecast.
7. Enter annual production forecast averages for each calendar year, indicating if forecasts fall under proved reserves. Each participating area will have a dedicated page.
8. Document any planned downtime by selecting ‘Add a Record’. Enter details for downtime due to maintenance, expansion, or other reasons, ensuring that records reflect the correct levels.
9. Record unplanned downtime for the last two and a half years and estimated downtime for the next two years as a percentage.
10. Log drilling activities planned until the end of the next calendar year. Fill out the necessary information for each planned drilling project.
11. Capture surface facility activities planned through the next calendar year, adding records for various related projects.
12. Detail enhanced recovery activities planned between now and the end of the next calendar year, if applicable.
13. If applicable, report any field expansion activity, including any added contracts or leases identified.
14. Upload any supporting documentation, such as spreadsheets, if necessary. This step is optional.
15. Finalize your submission by reviewing all entered information. Ensure accuracy, then click ‘Submit’ and provide your e-signature using your Revenue Online password.

Complete your production forecast submission online today for accurate and timely reporting.