Utah Administrative Code
Topic - Natural Resources
Title R649 - Oil, Gas and Mining; Oil and Gas
Rule R649-3 - Drilling and Operating Practices
Section R649-3-35 - Wildcat Wells
Current through Bulletin 2024-18, September 15, 2024
1. For purposes of qualifying for a severance tax exemption under Section 59-5-102(5)(b), an operator must file an application with the division for designation of a wildcat well.
2. Information derived from well logs, including certain information in completion reports, stratigraphic cross sections, bottomhole pressure data, and other appropriate data provided in Subsection R649-3-35-1 will be held confidential in accordance with Subsection R649-2-11 at the request of the operator.
3. The division shall review the submitted information and advise the operator and the State Tax Commission of its decision regarding the wildcat well designation as related to Section 59-5-102(5)(b).
4. The division is responsible for approval of a request for designation of a well as a wildcat well. If the operator disagrees with the decision of the division, the decision maybe appealed to the board. Appeals of any other tax-related decisions concerning wildcat wells should be made to the State Tax Commission.