Sec. 05.15.087. Operator's reports to permittee and payment of net proceeds.
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Sec. 05.15.087. Operator's reports to permittee and payment of net proceeds.
(a)An operator shall file a monthly report with each authorizing permittee for which the operator has conducted an activity during the preceding month. The report must include a daily summary of activity conducted under the permit issued to the authorizing permittee and an accounting of gross receipts, expenses, and net proceeds for the month. A check in the amount of the net proceeds due to the authorizing permittee for the month must accompany the report. The operator shall file the report by the 15th day after the end of the month covered by the report.
(b)An operator shall file a quarterly report with each authorizing permittee for which the operator has conducted an activity during the preceding calendar quarter. The report must contain quarterly summaries and year-to-date totals of the information provided under
(a)of this section. The operator shall file the report by the last day of the month following the end of the calendar quarter.
(c)An operator shall file an annual report with each authorizing permittee for which the operator has conducted an activity during the preceding calendar year. The report must contain an annual summary of the information provided under
(a)of this section. The operator shall file this report by February 28 of the year following the year in which the activities were conducted.
(d)An operator shall provide original invoice documents and deposit slips upon the request of an authorizing permittee for whom the operator has conducted activities.