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Wexpro drills new well on Wexpro II property, but results show a dry well. Despite no commercial well, hydrocarbon monitoring reveals 100% Wexpro productivity. Oil sharing at base rate plus 5%, gas sharing calculation included. Questar Gas Company docket no. 12-057-13 accounting details shared.
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Wexpro II Well Determination Wexpro drills new well on Wexpro II property (Developmental Well) Dry Well Results 100% Wexpro Productive No Commercial Well 100% Wexpro Hydrocarbon Monitor Yes Oil Sharing @ Base Rate Plus 5% Cost-of- Service @ Base Rate plus 8% Oil Type of Well Gas Sharing Calculation Questar Gas Company Docket No. 12-057-13 QGC Exhibit 2.2 Page 1 of 2 Pass through Accounting Monitor Accounting Monitor 54% Questar Gas Pass Through 46% Wexpro
Wexpro II Operating Expenses Operating Expenses Oil Cost Type Cost Type Type of Well Gas G&A, O&M, Prod Taxes G&A, O&M, Prod Taxes Accounting Monitor Accounting Monitor Pass Through 100% Sharing Calculation Questar Gas Company Docket No. 12-057-13 QGC Exhibit 2.2 Page 2 of 2 54% Questar Gas Pass Through 46% Wexpro