On April 2, 2020, the Commission issued a Notice Granting Extension of Time until June 1, 2020 for the FERC Form Nos. 60, 61, 552 and the Electric Quarterly Report Form-920.
The Form No. 6 is designed to collect financial and operational information from oil pipeline companies subject to the jurisdiction of the Commission. Order 620 [eLibrary] requires all jurisdictional oil pipeline companies to use the Commission's software to electronically file Form 6 commencing with reporting year 2000.
Each oil pipeline carrier whose annual jurisdictional operating revenues exceed $500,000 must file FERC Form 6 (18 C.F.R. § 357.2)
Oil pipeline carriers exempt from filing FERC Form 6 whose annual jurisdictional operating revenues have been more than $350,000 but less than $500,000 must prepare and file page 301, "Operating Revenue Accounts (Account 600), and page 700, "Annual cost of Service Based Analysis Schedule," of FERC Form 6. When submitting pages 301 and 700, each exempt oil pipeline carrier must include page 1 of the FERC Form 6, the Identification and Attestation schedules (18 C.F.R. § 357.2 (a)(2)).
Oil pipeline carriers exempt from filing FERC Form 6 and whose annual jurisdictional operating revenues were $350,000 or less for each of the three previous calendar years must prepare and file page 700, "Annual Cost of Service Based Analysis Schedule," of FERC Form 6. When submitting page 700, each exempt oil pipeline carrier must include page 1 of FERC Form 6, the Identification and Attestation schedule (18 C.F.R. § 357.2 (a)(3)).
The Form No. 6-Q is to collect quarterly financial and operational information from oil pipeline companies subject to the jurisdiction of the Commission. Order 646 requires all jurisdictional oil pipeline companies to use the Commission's software to electronically file Form 6-Q commencing with reporting year 2004.
Each oil pipeline company, subject to the provisions of section 20 of the Interstate Commerce Act, must prepare and file with the Commission FERC Form No. 6-Q. (18 C.F.R. § 357.4(b)).
During an investigation of an oil pipeline company's book depreciation rates, FERC requests service life data as a part of its data request. This service life data, which may be initial data or an update to previously existing data, is collected on FERC Form No. 73. The information collected on FERC Form No. 73 is used as an input to assist the Commission in the selection of appropriate oil pipeline company service lives and book depreciation rates.