Natomas North America, Inc. v. Commissioner
United States Tax Court
Petitioners owned working interests in the East Binger Unit. In September 1977, a miscible flue-gas injection project was begun. There were 17 injection wells and the injection pattern was an inverted nine-spot pattern with the injection well in the center of a nine-well array. The well density was 160 acres per well. Performance of the project was designed to affect the entire reservoir.
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Petitioners owned working interests in the East Binger Unit. In September 1977, a miscible flue-gas injection project was begun. There were 17 injection wells and the injection pattern was an inverted nine-spot pattern with the injection well in the center of a nine-well array. The well density was 160 acres per well. Performance of the project was designed to affect the entire reservoir. Performance of the project was substantially below that expected due primarily to operational problems and reservoir characteristics significantly different from those initially premised. In May 1978, the…
1Opinion of the Court
Natomas North America, Inc., Petitioner v. Commissioner of Internal Revenue, Respondent; Samedan Oil Corporation, Petitioner v. Commissioner of Internal Revenue, Respondent
Natomas North America, Inc. v. Commissioner
Docket Nos. 35928-85, 6712-86
United States Tax Court
90 T.C. 710; 1988 U.S. Tax Ct. LEXIS 44; 90 T.C. No. 45; 100 Oil & Gas Rep. 207;
April 18, 1988. April 18, 1988, Filed
Decision will be entered under Rule 155 in docket No. 35928-85.
An appropriate order will be issued in docket No. 6712-86.
Petitioners owned working interests in the East Binger Unit. In September 1977, a miscible…
2Cases cited5 opinions
- Scott v. CommissionerUnited States Tax Court · 1985
- Page v. CommissionerUnited States Tax Court · 1986
- North Ridge Country Club v. CommissionerUnited States Tax Court · 1987
- Shell Oil Co. v. CommissionerUnited States Tax Court · 1987
- Natomas North America, Inc. v. CommissionerUnited States Tax Court · 1988