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Can oil production from a gas well qualify for exemptions pursuant to K.S.A. 79-4217 (minimum production exemptions)?

April 26, 2017exemptions Gas k.s.a minimum Oil production pursuant qualify

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Can oil production from a gas well qualify for exemptions pursuant to K.S.A. 79-4217 (minimum production exemptions)?

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A 8: Yes, K.S.A. 79-4216(c) defines oil as “…..petroleum, or other crude oil, condensate, casinghead gasoline, or other mineral oil which is severed or withdrawn from below the surface of the soil or water in this state.” Form MT 07 (application for exemption) and a copy of the county rendition report must be filed with the Minerals Severance Tax Section.