By way of a quick update related to oil and gas operations, yesterday, the Colorado Oil and Gas Conservation Commission ("COGCC") published additional instructions for their Form 5 (Drilling Completion Report), Form 5A (Completed Interval Report) and Form 7 (Monthly Operations).
The new instructions can be found here and several address reporting requirements for a horizontal wellbore drilled through multiple formations. Operators may look to these additional instructions and diagrams for guidance as to what information the COGCC is looking for in its reports.
Specifically, the Form 5 Drilling Completion Report now includes the following additional form instructions: (i) Reporting "Logs Run"; (ii) Reporting Horizontal Wellbores in Multiple Formations; and (iii) Reporting Horizontal Wellbores in Multiple Formations – Diagrams.
The Form 5A Completed Interval Report and the Form 7 Monthly Report of Operations instructions now also include: (i) Reporting Horizontal Wellbores in Multiple Formations and (ii) Reporting Horizontal Wellbores in Multiple Formations – Diagrams.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
