BEFORE THE OIL AND GAS CONSERVATION COMMISSION

OF THE STATE OF COLORADO

 

IN THE MATTER OF THE PAYMENT OF PROCEEDS FROM THE PRODUCTION OF OIL AND GAS AS ESTABLISHED BY C.R.S. 34-6-118.5, BOULDER, COUNTY, COLORADO

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CAUSE NO. 1

 

ORDER NO. 1-27 (Formerly 1-128)

 

REPORT OF THE COMMISSION

 

This cause came on for hearing before the Commission on June 16, 1992, in Room 101, State Education Building, 201 East Colfax, Denver, Colorado, after giving Notice of Hearing, as required by law on the verified application of Martin Exploration Management Company for an order to direct The Meyer Oil Company to pay royalty payments on production from ten wells in Boulder County, Colorado.

FINDINGS

The Commission finds as follows:

            1.      Martin Exploration Management Company as applicant herein, is an interested party in the subject matter of the above‑referenced hearing.

 

            2.      Due notice of the time, place and purpose of the hearing has been given in all respects as required by law.

 

            3.      The Commission has jurisdiction over the subject matter embraced in said Notice, and of the parties interested therein, and jurisdiction to promulgate the hereinafter prescribed order.

 

            4.      Through C.R.S. 34-60-118.5, the Colorado Oil and Gas Conservation Commission was given exclusive jurisdiction to determine several matters concerning the payment of proceeds derived from the sale of oil, gas or associated products from a well in Colorado.

 

            5.      Testimony was heard by the Commission that Martin Exploration Management Company and The Meyer Oil Company, Inc. stipulate and agree as follows:

 

            a.      That payments from The Meyer Oil Company were due to Martin Exploration Management Company as set forth in the application, for the following described wells in Boulder County, Colorado, to‑wit:

 


 

 

Last Payment

Section

Well Name

Oil

Gas

16

NE SW

Tabor No. 2

11/91

3/90

16

E½ SE

Tabor No. 3

10/91

1/90

11

E½ SW

Tanaka No. 1

10/91

1/90

17

S½ SW

Mary No. 17-1

8/981

4/88

16

SE SW

Tabor No. 6

9/87

3/90

14

N½ NW

Tabor No. 7

10/91

3/90

16

SW SE

Tabor No. 8

3/90

3/90

 


 

 

Last Payment

Section

Well Name

Oil

Gas

17

SE SE

Charlotte No. a

9/91

4/88

17

SW SE

Charlotte No. 2

10/91

4/88

32

SE NE

Becker-Downey

9/91

4/88

 

            b.         That there was no occurrence pursuant to subsection (3) of C.R.S. 34-60-118.5 which would justify a delay in payment.

 

            c.      That the amount of oil and gas sale proceeds and interest due to Martin Exploration Management Company from The Meyer Oil Company, Inc. is $6,335.16.

 

            d.      That of the total amount of $6,335.16 ($2,000.00 to be paid by June 25, 1992, $1,000.00 per month until paid) owed by The Meyer Oil Company, Inc. to Martin Exploration Management Company, $1369.00 [sic] is being held in suspense by Total Petroleum, Inc., as proceeds of oil sales, and that The Meyer Oil Company, Inc., hereby authorizes and directs Total Petroleum, Inc. to forthwith pay the sum of $1,369.00 to Martin Exploration Management Company.

 

            e.      That the Commission may enter its determination and Order under C.R.S. 34-60-118.5 in accordance with this stipulation.

 

ORDER

 

NOW, THEREFORE, IT IS ORDERED that the Commission shall issue an order in accordance with the stipulation agreed upon by Martin Exploration Management Company and The Meyer Oil Company, Inc., as set forth in Findings 5.a. through e. herein, and that of the total amount of $6,335.16 ($2,000.00 to be paid by June 25, 1992, $1,000.00 per month until paid) owed by The Meyer Oil Company, Inc. to Martin Exploration Management Company, $1369.00 [sic] is being held in suspense by Total Petroleum, Inc., as proceeds of oil sales, and that The Meyer Oil Company, Inc., hereby authorizes and directs Total Petroleum, Inc. to forthwith pay the sum of $1,369.00 to Martin Exploration Management Company.

 

IT IS FURTHER ORDERED, that the provisions contained in the above order shall become effective forthwith.

 

IT IS FURTHER ORDERED, that the Commission expressly reserves its right, after notice and hearing, to alter, amend or repeal any and/or all of the above orders.

 

ENTERED this 25th day of August, 1992, as of June 16, 1992.

 

OIL AND GAS CONSERVATION COMMISSION OF THE STATE OF COLORADO

 

 

By Patricia C. Beaver, Secretary

Dated at Suite 380

1580 Logan Street

Denver, Colorado  80203

August 22, 1992