Petroleum Production Tax Lease Allowance Minimum 11 AAC 83.241(a) 52 PTB PT PTMT Tax Petroleum Production Tax Lease Allowance before 11 AAC 83.241(a) 53 PTB PT PTBC credits Does Lessee Qualify for the Small Producer Credit? (1 = AS 43.55.024(d) 54 SPC PT QSPC YES, 2 = NO) 55 SPC PT DOM Days in the month Petroleum Production Tax Allowance Small 56 SPC PT PTTSPC Producer Credit 11 AAC 83.241(b)(1) Petroleum Production Tax Lease Allowance Working Interest Owner Volumes net of Royalty in BOE per day 57 SPC PT PWIOD for the lease. 11 AAC 83.241(b)(1) Petroleum Production Tax Allowance lease 58 SPC PT PTSPC allocated small producer credit 11 AAC 83.241(b)(1) 59 PBC PT GVPOPB Gross Value at Point of Production per Barrel 11 AAC 83.241(b)(3)(A) Dollar Per Barrel Credit Amount for Value 11 AAC 83.241(b)(3)(A) 60 PBC PT DBNGVR Reduction Oil 11 AAC 83.241(b)(2) & 61 PBC PT BTOP Barrels of taxable oil produced (b)(3)(A) Gross Value Reduction Volumes Net Of Royalty 11 AAC 83.241((b)(2) & (c) 62 PBC PT GVRV Non-Gross Value Reduction Oil Credit Amount 11 AAC 83.241(b)(3) 63 PBC PT NGVROC Dollar per barrel for Gross Value Reduction Oil 11 AAC 83.241(b)(3) 64 PBC PT DBGVR 11 AAC 83.241(b)(3) 65 PBC PT GVROC Gross Value Reduction Oil Credit Amount 66 PBC PT NCAR Net Credit Augmentation Rate 11 AAC 83.241 (f) 67 PTL PT PTLA Petroleum Production Tax Lease Allowance 11 AAC 83.241(a) Petroleum Production Tax lease allowance loss against 68 LCC PT PTLR Revenue Account 11 AAC 83.209(b) Petroleum Production Tax lease allowance loss against 69 LCC PT PTLRC Revenue Account Credit 11 AAC 83.209(b) Petroleum Production Tax Lease Allowance 70 PPC PT PTDC Development Account Credits 11 AAC 83.220(b) & (c)
52 PTB PT PTMT Petroleum Production Tax Lease Allowance Minimum Tax 11 AAC 83.241(a) 53 PTB PT PTBC Petroleum Production Tax Lease Allowance before credits 11 AAC 83.241(a) 54 SPC PT QSPC Does Lessee Qualify for the Small Producer Credit? (1 = YES, 2 = NO) AS 43.55.024(d) 55 SPC PT DOM Days in the month 56 SPC PT PTTSPC Petroleum Production Tax Allowance Small Producer Credit 11 AAC 83.241(b)(1) 57 SPC PT PWIOD Petroleum Production Tax Lease Allowance Working Interest Owner Volumes net of Royalty in BOE per day for the lease. 11 AAC 83.241(b)(1) 58 SPC PT PTSPC Petroleum Production Tax Allowance lease allocated small producer credit 11 AAC 83.241(b)(1) 59 PBC PT GVPOPB Gross Value at Point of Production per Barrel 11 AAC 83.241(b)(3)(A) 60 PBC PT DBNGVR Dollar Per Barrel Credit Amount for Value Reduction Oil 11 AAC 83.241(b)(3)(A) 61 PBC PT BTOP Barrels of taxable oil produced 11 AAC 83.241(b)(2) & (b)(3)(A) 62 PBC PT GVRV Gross Value Reduction Volumes Net Of Royalty 11 AAC 83.241((b)(2) & (c) 63 PBC PT NGVROC Non-Gross Value Reduction Oil Credit Amount 11 AAC 83.241(b)(3) 64 PBC PT DBGVR Dollar per barrel for Gross Value Reduction Oil 11 AAC 83.241(b)(3) 65 PBC PT GVROC Gross Value Reduction Oil Credit Amount 11 AAC 83.241(b)(3) 66 PBC PT NCAR Net Credit Augmentation Rate 11 AAC 83.241 (f) 67 PTL PT PTLA Petroleum Production Tax Lease Allowance 11 AAC 83.241(a) 68 LCC PT PTLR Petroleum Production Tax lease allowance loss against Revenue Account 11 AAC 83.209(b) 69 LCC PT PTLRC Petroleum Production Tax lease allowance loss against Revenue Account Credit 11 AAC 83.209(b) 70 PPC PT PTDC Petroleum Production Tax Lease Allowance Development Account Credits 11 AAC 83.220(b) & (c)
Detailed_Instructions_on_PT_Form_201708web.docx