§ 203.88. What is in a production report?
77 words·~1 min read·
/us/cfr/t30/s§ 203.88·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
This report supports your development and production timing and product quality expectations and must contain the following elements.
(a)Production profiles by well completion and field that specify the actual and projected production by year for each of the following products: oil, condensate, gas, and associated gas. The production from each profile must be consistent with a specific level of reserves and resources on the aggregated distribution of field size.
(b)Production drive mechanisms for each reservoir.