1 - [2 X (AP - 50,000)] ÷ 100,000
where AP = the average amount of oil and gas taxable under AS 43.55.011(e), produced a day during the calendar year in BTU equivalent barrels.
AS 43.55.024
1 - [2 X (AP - 50,000)] ÷ 100,000
where AP = the average amount of oil and gas taxable under AS 43.55.011(e), produced a day during the calendar year in BTU equivalent barrels.
AS 43.55.024