Problems 1. Define and discuss the following terms: tubular goods-trees + gathering systems thelow line neProc workover operations shut-in payments p 2. What factors are important in determining wherther to plug or complt a weli? 3. Indicate whether each of the following items is a directly attributable operating expense (D), an allocable operating expense (A), or a capital expenditure (C): DRepairs that can be traced to individual wells -Cost of pumping unit Installation of pumping unit Ordinary repair parts for pumping unit _Repair of pumping unit Lease road maintenance Wages for employees who work only on one lease _ wages for employees who designate hours worked on certain wells or leases Wages for employees who work on multiple leases, detailed records not kept Severance tax District office expenses Fuel for leases, invoices indicate particular lease Depreciation of truck used on one lease Depreciation of truck used on multiple leases, detailed mileage records not kept -Property taxes -Contract labor for refracturing, invoices indicate wells Workover for the purpose of restoring production