Current through all regulations passed and filed through September 16, 2024
Certain tangible property used in the oil, gas and water
production industry shall be classified as real property or personal property
as follows:
(A) Real property
(1) Land and improvements to land, including
retaining walls, piling, and foundations for the improvement of the site;
private roads, walks, paving, areaways, culverts, bridges, viaducts, subways
and tunnels; fencing, artificial lakes, reservoirs, spray ponds, dams, ditches,
and canals; drainage, storm, plant waste, and sanitary sewers.
(2) Buildings and improvements to buildings,
including foundations, floors, frames, permanent partitions, walls, roofs,
stairways, loading and unloading platforms, and canopies; built-in system for
heating, air-conditioning, ventilating, sanitation, fixed fire protection,
lighting, plumbing and drinking water; awnings and shades, built-in
inter-communicating system including private telephone, telegraph, and
auto-call equipment, building elevators, (freight and passenger) and
escalators.
(3) Power plant
machinery and equipment:
(a) Steam power
generating equipment including boilers, settings, breechings, and stacks; fuel
storage tanks and bunkers; fuel preparation and handling equipment; special
burners for coal, coke, oil or gas; ash handling equipment; fans, motors,
turbines, or engines, pumps, piping, valves, fittings and insulation;
condensing equipment, cooling towers, and spray pond equipment, air
compressors, receivers, etc., and all auxiliary equipment.
(b) Electric power generating equipment
including engines, turbines, generators, motors, exciters, pumps, condensers,
coolers, fans, instruments, and all auxiliary equipment; piping, valves,
fittings, and insulation; main switchboard complete; transformers, electric
power circuits complete with wires, cables, conduits, towers, poles, and
incidental equipment on primary side of sub-station switchboard.
(c) Electric power receiving equipment
including main switchboard complete, transformers, converters, electric power
circuits, complete with wires, cables, conduits, towers, poles, and incidental
equipment on primary side of sub-station switchboard.
(4) Main water pumping station equipment,
including deep wells, intakes, pumps, piping, valves, fittings, and insulation;
storage tanks, fixed fire protection systems, storage and pressure water tanks
and pressure pumps, piping, valves, fittings, and insulation; hydrants, and
sprinkler systems.
(5) Main service
lines for steam, electric power circuits, water or gas.
(6) Permanent trackage, bridges, trestles,
and track scales; water and coaling stations.
(7) Permanent trackage, and electric power
lines for gantry cranes, ore bridges and similar equipment.
(8) Wagon or truck platform scales.
(9) Fixed river or lake wharves.
(10) Gas holders.
The following items in paragraphs (A)(11) to (A)(22) of this
rule when installed and located on the premises or leased premises of the owner
and used in the recovery or production of water, will be included in the value
of the right to the mineral and are to be assessed as real estate as provided
in sections 5713.05 and
5713.06 of the Revised Code. The
following items in paragraphs (A)(11) to (A)(22) of this rule when installed
and located on the premises or leased premises of the owner and used in the
recovery or production of oil or gas, shall not be included in the valuation of
the right to the minerals pursuant to sections
5709.112 and
5715.01 of the Revised Code. The
values as determined by section
5713.051 of the Revised Code
shall be the true value in money of oil reserves and gas reserves constituting
real property on the first day of January of each tax year. Items in paragraphs
(A)(11) to (A)(22) of this rule are to be classified and assessed as personal
property if they are not installed on the leased premises or premises of the
owner or if said items are used for the transmission, transportation or
distribution of oil, gas or water.
(11) All equipment, supplying power to pumps
and pumping jacks, including motors, or engines, gas, gasoline, or diesel;
driving pulley for belt to "Bull Wheel"; connector rods and supports.
(12) All casings.
(13) Foot valves and rods for operation of
valves.
(14) Sucker rods.
(15) Derricks.
(16) All piping, valves and fittings and
supports.
(17) Receiving and
storage tanks.
(18) Compressors and
engines (gas and air) piping, receivers, etc.
(19) Main distributing switchboard.
(20) Power wiring from switchboard to
equipment.
(21) Gas
scrubbers.
(22) Cooling water
storage tanks.
(B)
Personal property General
(1) Well drilling
equipment.
(2) Tool
pullers.
(3) All machine shop
equipment for repair of equipment and care of tools.
(4) All portable tools, including swabbing
and clean out equipment, as well as all hand tools.
(5) Office furniture and fixtures.
(6) Equipment for preparation of sites, road
building, grading, etc.
Compressor stations
(Used in transmission, transportation or distribution)
(7) Compressors and engines (gas
and air), piping, receivers, etc.
(8) Main distributing switchboard.
(9) Power wiring from switchboard to
equipment.
(10) Reforming gas
plant.
(11) Gas cooling towers,
pumps and piping and supports.
(12)
Main steam piping used in production.
(13) Gas scrubbers.
(14) Water pumps and piping and supports from
compressors to spray pond.
(15)
Spray pond pumps, piping and supports, spray heads.
(16) Machine shop equipment for maintenance
and repair.
(17) Absorbers and
dehydrators; contractors.
(18)
Calorimeters.
(19) Welding shop and
equipment.
(20) Yard flood
lighting.
(21) Portable fire
protection equipment.
(22) Hoists
and cranes.
(23) Lubricating oil
equipment, including storage tanks, pumps, piping, filters, dewatering
equipment, settling tanks, etc.; fuel measuring equipment, meters, pressure
regulators, etc.
(24)
Lockers.
(25) Control room, meters,
gauges and piping.
(26) Portable
tools, (welders, air compressors and small tools).
(27) Cooling water storage tanks.
(28) All other engines, machinery, tools and
implements of every kind, including foundations, used or designed to be used in
processing, or incidental thereto, with their installation costs, including all
equipment ancillary or auxiliary to any of the personalty above listed.
Freight, cartage and installation costs, including foundations
and incidental materials, labor, etc., incurred in erecting any above equipment
are to be included as a part of the cost of this equipment.
