DRILLING, DEVELOPMENT, PRODUCTION AND ABANDONMENT

310.  COGCC Form 8. OIL AND GAS CONSERVATION LEVY
On or before March 1, June 1, September 1 and December 1 of each year, every producer or purchaser, whichever disburses funds directly to each and every person owning a working interest, a royalty interest, an overriding royalty interest, a production payment and other similar interests from the sale of oil or natural gas subject to the charge imposed by §34-60-122(1) (a) C.R.S., 1973, as amended, will file a return with the Director showing by operator, the volume of oil, gas or condensate produced or purchased during the preceding calendar quarter, including the total consideration due or received at the point of delivery. No filing will be required when the charge imposed is zero mill ($0.0000) per dollar value. 
The levy will be an amount fixed by order of the Commission. The levy amount may, from time to time, be reduced or increased to meet the expenses chargeable against the oil and gas conservation and environmental response fund. The present charge imposed, as of October 1, 2020, is $0.0015 per dollar value. 

**	Commission Rule 310 is proposed to be renumbered as Rule 217 in the Commission’s Mission Change Rulemaking, Docket Number 200300071. Information about that rulemaking is accessible on the Commission’s website.