Fundamentals of Oil & Gas Accounting 5th Edition by Rebecca Gallun, Charlotte Wright

تمرين 17

Indicate whether each of the following items is a directly attributable operating expense
(D), an allocable operating expense (A), or a capital expenditure (C):
____ Repairs that can be traced to individual wells
____ Cost of pumping unit
____ Installation of pumping unit
____ Ordinary repair parts for pumping unit
____ Repair of pumping unit
____ Lease road maintenance
____ Wages for employees who work only on one lease
____ Wages for employees who designate hours worked on certain wells or leases
____ Wages for employees who work on multiple leases, detailed records not kept
____ Severance tax
____ District office expenses
____ Fuel for leases, invoices indicate particular lease
____ Depreciation of truck used on one lease
____ Depreciation of truck used on multiple leases, detailed mileage records not kept
____ Property taxes
____ Contract labor for refracturing, invoices indicate wells
____ Workover for the purpose of restoring production
____ Recompletion for the purpose of obtaining new production
____ Depreciation of district office facilities