Calculations and Comments — M-1983-194 Bond Adjustment
<br />Well Name
<br />P&A Bonding to be Released
<br />or Adjusted (in the case of
<br />recompletion)
<br />*Pad Reclamation
<br />Bonding (no pad
<br />constructed)
<br />*Road Reclamation
<br />Bonding (no road
<br />constructed)
<br />Bond Release Comment
<br />94-1M $24,722.28
<br />h ts+
<br />IRI -3 0
<br />0
<br />0
<br />0
<br />0
<br />P&A'd 2012 DRMS incorrectly Included P&A Bond in 6/2/15 CIRCES
<br />P&A'd Aug. 2015, DRMS Incorrectly removed P&A bonding from 6/2/15 CIRCES
<br />IRI -MW -1
<br />0
<br />0
<br />0
<br />P&A'd Aug. 2015 DRMS Incorrectly removed P&A bonding from 6/2/15 CIRCES
<br />IRI -PW -1
<br />0
<br />0
<br />0
<br />P&A'd Aug. 2015 DRMS Incorrectly removed P&A bonding from 6/2/15 CIRCES
<br />IRI -PW -2
<br />0
<br />0
<br />0
<br />P&A'd Aug. 2015 DRMS Incorrectly removed P&A bonding from 6/2/15 CIRCES
<br />CH -A
<br />$22,53663
<br />0
<br />0
<br />P&A, 2014
<br />CH -B
<br />$22,964.39
<br />$2,582.30
<br />$879.93
<br />Well not drilled, no pad or road construction
<br />CH -C
<br />$23,196.60
<br />0
<br />0
<br />P&A, 2014
<br />CH -D
<br />$23,819.90
<br />0
<br />0
<br />P&A, 2014
<br />CH -E
<br />$24,03989
<br />0
<br />0
<br />P&A, 2014
<br />CH -F
<br />$23,624.35
<br />$2,43330
<br />$54239
<br />Well not drilled, no pad or road construction
<br />CH -G
<br />$24,589.86
<br />0
<br />0
<br />Well not drilled, but pad was constructed
<br />CH -H
<br />$24,235.43
<br />0
<br />0
<br />Well not drilled, but pad was constructed
<br />CH -1
<br />$9,140.82
<br />0
<br />0
<br />Recom leted as GMW P&A Bonding Reduced by amount indicated in column B
<br />CH -J
<br />$12,952.14
<br />0
<br />0
<br />Recom leted as GMW P&A Bonding Reduced by amount indicated in column B
<br />CH -K
<br />$11,183.28
<br />0
<br />0
<br />Recom leted as GMW P&A Bonding Reduced by amount Indicated in column B
<br />CH -L
<br />$23,23326
<br />$3,226.63
<br />$54960
<br />Well not drilled no pad or road construction
<br />CH -M
<br />$8,016.13
<br />0
<br />0
<br />Recom leted as GMW, P&A Bonding Reduced by amount indicated In column B
<br />DS -7
<br />$7,932.50
<br />0
<br />0
<br />Recom leted as GMW P&A Bonding Reduced by amount indicated In column B
<br />CH -N
<br />$22,719.95
<br />0
<br />0
<br />P&A, 2014
<br />WSW -5 GMW-A CH -0)
<br />$6,271.75
<br />0
<br />0
<br />Recom leted as GMW P&A Bonding Reduced by amount indicated in column B
<br />CH -P
<br />$22,20665
<br />0
<br />0
<br />P&A 2014
<br />CH -Q
<br />$22,438.86
<br />0
<br />0
<br />P&A, 2014, existing road was used and some new road was constructed
<br />CH -R
<br />$22,426.64
<br />0
<br />0
<br />P&A 2014
<br />CH -5
<br />$21,314.47
<br />$3,02823
<br />0
<br />Well not drilled no pad construction
<br />CH -T
<br />$21,253 36
<br />0
<br />0
<br />P&A 2014
<br />CH-.
<br />$20,703.39
<br />0
<br />0
<br />P&A 2014
<br />Est. Direct Cost Reduction
<br />$531,290.76
<br />$11,270.46
<br />$1,971.92
<br />Est. Direct Costs Bond Reduction (P&A, no build, or
<br />recom tete
<br />$499,297.55
<br />Summary of Bonding Increases
<br />Well Name
<br />P&A Bonding Increase
<br />"Pad Reclamation
<br />Bonding
<br />"Road Reclamation
<br />Bonding
<br />Comment
<br />IRI -2
<br />$4,856.16
<br />0
<br />0
<br />DRMS incorrectly removed this NS well from 6/2/15 CIRCES
<br />IRI -9
<br />$13,75541
<br />0
<br />0
<br />DRMS incorrectly removed this NS well from 6/2/15 CIRCES
<br />IRI -10
<br />$14165.66
<br />0
<br />0
<br />DRMS incorrectly removed this NS well from 6/2/15 CIRCES
<br />IRI -11
<br />$12,468.36
<br />0
<br />0
<br />DRMS incorrectly removed this NS well from 6/2/15 CIRCES
<br />15H Pad Ames' Road
<br />0
<br />TR to be adjusted b DRMS, as necessaryadditional 0 29 acre disturbance
<br />Est. Direct Cost Increase
<br />$45,245.59
<br />$0.00
<br />$0.00
<br />Est. Direct Costs Bond Reduction (P&A, no build, or
<br />recom tete
<br />$499,297.55
<br />Est. indirect Cost (`28% of Direct Costs)
<br />$139,800.51
<br />*"Approximate total bond reduction (2014 & 2015 P&A,
<br />$639,088.07
<br />2014 no build, and CIRCES Corrections)
<br />" Estimated amounts (not a CIRCES line Item)
<br />""Note: The amount of the actual bond decrease will be calculated by DRMS (CIRCES)
<br />Daub 8t Associates, Inc. Natural Soda LLC 2015 Bond Adjustment
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