Disposition Codes

I would like to know more about disposition codes used by the Texas RRC.

I am looking specifically at the Phelps well (268869), but it is a general question.

Up until this month, production disposition has exactly equaled production and the disposition code has been "2".

This month, most of the production has a disposition code 2, but a small part of it has a disposition code of 1. I was just curious what that means. Is it unsold inventory?? Does it roll over to next month?

Thanks in advance,

Replies to This Discussion

Permalink Reply by jffree1 on September 5, 2013 at 18:36

JR,

Attached is a copy of the instructions for filling out a production report. Scroll down and you will see disposition codes for oil & gas.

Attachments:

FormPR-Instructions-FINAL-02-2005.pdf, 60 KB

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