Well Expenses by Tax Section Report

This report shows all expenses for wells totaled by their tax code (tangible drilling, etc.).

The totals for each column are a sum of all of the expenses that have been entered where the Expense Code is associated with that "Expense Tax Code." The report looks at the "Tax Code" and not the "Tax Code description." So regardless of the description, the columns will show a total of the "Expense Tax Code" used according to the two-digit code. For example the following are the respective tax codes reported: Leasehold Costs (LC), Tangible Costs (TC), Intangible Costs (IC), LOE Costs (OE), and Misc Costs (Any other code). If you have changed the description of the Expense Tax Code, the report will still show the expense in the column if the two-digit code of the Expense Tax Code is still the same as shown above.

Report By
Production Period Range - Includes all expenses within the production period range chosen. If you choose Production Period Range, the report will only include data that has already been processed on a run closing.
Run Number - Includes all expenses within the Run selected.
Accounting Date Range - Includes all expenses processed on a run closing that was processed with a closing date that falls within the specified date range.

Beginning Year/Period - Ending Year/Period
If period range is chosen as the report criteria, enter the beginning and ending year and period.

First/Last Well
The range of wells on which you wish to report.

Calculate for a specific owner
If you only want to see a certain owner's share of expenses, check this option and enter their name below.

Owner ID
If the option is marked to calculate for a specific owner you can select the desired owner here.

Group
The well group on which you wish to report.

Show Detail
Check this option if you would like to see the individual well detail, instead of a summary.

Report by Month
Check this option if you would like subtotals for each month on the report.

Section
When the option is marked to show detail you can choose a section if you only want to view the report for a specific section.

Show All Expense Sections Separately
It shows a total for each tax section without revenue showing. Without this option it sums expenses by our predefined tax sections like Lease Operating, Intangible Drilling, etc.