The cost to Plug & Abandon a well (in Oklahoma) is double or triple the AFE.
Should I speak to someone in the accounting department first, to get more specific information on the JIB and then speak to someone in the field for an explanation of the overages and to find out the date the work was completed?
Are there any restrictions on applying overhead and payroll to JIB?
One company did reverse about 6 months of overhead, back to the month of final production. Should I ask accounting what their rule is?
I sent them a check for $6,000 last month, thinking that was the final bill, but got another JIB invoice this month for $4,000. Not sure if that is final either.
If P&A is completed this year (2011) when will the final Property Tax be charged?
Are there other common accounting errors or overcharges I should look for?
Does the Oklahoma Commission do any auditing of JIB?
Any and all advise or resources are welcome.