Liability Management Rating
Manuals
Please note: this is a draft document intended for comment only.
For current processes and procedures of the Commission's Liability Management Rating program, please refer to Version 1.2 of the Liability Management Rating Program Manual.
| Version Date |
|---|
April 2013 |
The Liability Management Rating Program Manual guides industry through the processes and procedures of the Commission's Liability Management Rating program.
Forms
A completed Facility Specific Netback Form is required from all permit-holders whose assets are in the form of processing and/or disposal activities for all permitted gas processing plant(s) and water disposal station(s). Submitted forms are to be used to calculate an industry average netback for each operation in the calcualtion of deemed assets in the LMR program. A single form may be submitted for multiple facilities.
| Version Date | Effective Date | Update |
|---|---|---|
April 2013 | May 2013 | New document posted to the website. Users are encouraged to review the document in full. |
The Multi-Well Pad Notification Form is used by permit holders to notify the Commission when wells share a single surface lease/pad. An individual form must be submitted for each lease/pad.
The Permit Holder Netback Calculation Form allows industry to submit revised netback under a dispute process.
Additional Information
The Sample Letter of Credit is used as a template by financial institutions when issuing a letter of credit.
