Nebraska Schedule I (Form 61), Resources Severed from School Lands, is the schedule of the Nebraska Severance and Conservation Tax Return that the Nebraska Department of Revenue uses to collect severance tax on oil and natural gas severed from school lands. Anyone filing Form 61 completes it, with a separate schedule for each Nebraska county. On this page you can fill out the form online on FillingPDF and download or print the completed PDF; the form and its instructions are published by the Department of Revenue.
Last updated
What is Schedule I (Form 61)?
Nebraska Schedule I (Form 61), Resources Severed from School Lands, is the schedule filed with the Nebraska Severance and Conservation Tax Return, Form 61, to report the oil and natural gas severed from school lands and to figure the severance tax due on them.
The Nebraska Department of Revenue issues it as part of the severance tax forms. It is a schedule of Form 61 and is not filed alone: its totals feed the return. Lines 4a, 4b and 4c carry the taxable values for stripper oil, nonstripper oil and natural gas to lines 1, 2 and 3 of Form 61, and line 6 carries the tax due to line 5 of Form 61.
The schedule lists each lease by Nebraska Oil and Gas Conservation Commission (OGCC) lease number, name and description. It has six columns: Columns A and B for stripper oil (barrels and value), Columns C and D for nonstripper oil (barrels and value), and Columns E and F for natural gas (MCF and value). Line 2 removes exempt resources, namely interests of the United States, the State of Nebraska or their political subdivisions, and interests of a Native American Indian or tribe in land under U.S. supervision.
The instructions define stripper oil as oil from a property whose base production level is 10 or fewer barrels per day; nonstripper oil is oil from a property above that level. The form revision printed on it is 5-123-1975 Rev. 9-2021, which supersedes Rev. 7-2011.
Who needs to file Schedule I (Form 61)?
Every person who files the Nebraska Severance and Conservation Tax Return, Form 61, must complete this schedule for resources severed from school lands.
- Use a separate Schedule I for each Nebraska county in which oil or natural gas is severed from school lands.
- Only specific wells that produced stripper oil, as the instructions define it, may be reported in Columns A and B. If specific records for each well have not been kept, the oil severed goes in Columns C and D as nonstripper oil.
- A computer printout reporting substantially the same information may be submitted in place of Schedule I.
Interests of the United States, the State of Nebraska or their political subdivisions in oil, gas or their proceeds are exempt from the computation, as are interests of a Native American Indian or tribe in oil, gas or proceeds from land subject to U.S. supervision. Those amounts are entered on line 2, not left off the schedule.
When to file Schedule I (Form 61)
File Schedule I with Form 61 every month, on or before the last day of the month following the month in which the resources were severed. The return, the schedules and the tax payment are all due on that date.
A return must be filed even if there is no tax due. The form prints no separate deadline for the schedule: it travels with Form 61. Use the tax month and year at the top of the schedule to show the month of severance being reported.
Documents you need
- Form 61, Nebraska Severance and Conservation Tax Return: attach Schedule I to it when you mail it to the Nebraska Department of Revenue.
- The tax payment: mailed with Schedule I and Form 61 to the Department of Revenue each month.
- A copy of Schedule I and Form 61: mailed to the Nebraska Oil and Gas Conservation Commission, in addition to the set sent to the Department of Revenue.
How to fill out Schedule I (Form 61)
Enter the header information
Fill in Name as Shown on Form 61, Nebraska ID Number, Tax Month and Year, and Nebraska County. Use a separate schedule for each county.
List each lease
Enter the OGCC lease number and the lease name and description for every oil and natural gas lease. They must match your Nebraska Oil and Gas Conservation Commission Well Status and Monthly Production Report.
Report stripper oil in Columns A and B
Enter barrels in Column A and value in Column B only for specific wells that produced stripper oil, meaning a base production level of 10 or fewer barrels per day. Express oil in standard 42 gallon barrels.
Report nonstripper oil in Columns C and D
Enter barrels in Column C and value in Column D for wells above 10 barrels per day, and for oil from wells without specific records.
Report natural gas in Columns E and F
Enter quantity in MCF in Column E and value in Column F. Quantities are net of oil or gas used in producing or severing operations or for repressuring or recycling.
Total the columns on line 1
On line 1, enter the totals of Columns A through F.
Enter exempt resources on line 2
Enter the quantities and values of exempt interests in the matching columns: interests of the United States, the State of Nebraska or their political subdivisions, and Native American Indian interests on land subject to U.S. supervision.
Figure taxable quantities on line 3
Subtract line 2 from line 1 in Columns A, C and E to find the quantities subject to tax.
Figure taxable values on lines 4a to 4c
Subtract line 2 from line 1 in Columns B, D and F. Enter the results on line 4a (stripper oil), 4b (nonstripper oil) and 4c (natural gas), and total all Schedules I onto lines 1, 2 and 3 of Form 61.
Compute the tax on lines 5 and 6
Line 5 shows the severance tax rate printed on the form for each of lines 4a to 4c. Multiply each of lines 4a through 4c by line 5 and enter the results on line 6; total all Schedules I onto line 5 of Form 61.
Review, download and assemble
Check the county, tax month and year, and the totals. Download or print the completed PDF from FillingPDF, attach it to Form 61 and keep a copy as described under How to submit.
How to submit Schedule I (Form 61)
Schedule I is submitted by mail, together with Form 61 and the tax payment, and a copy goes to a second agency.
- To the Department of Revenue: mail Schedule I, Form 61 and the tax payment to Nebraska Department of Revenue, PO Box 94818, Lincoln, NE 68509-4818.
- Copy to the OGCC: mail a copy of Schedule I and Form 61 to Nebraska Oil and Gas Conservation Commission, PO Box 399, Sidney, NE 69162-0399.
- Your records: retain a copy of the schedule.
The form names no online or in-person channel. FillingPDF lets you fill out and download the PDF; submission follows the channels above.
Common mistakes to avoid
- Combining several counties on one schedule; the instructions require a separate Schedule I for each Nebraska county.
- Reporting oil in Columns A and B without specific well records; without them the oil belongs in Columns C and D.
- Entering an OGCC lease number or lease name that differs from the one on your Well Status and Monthly Production Report.
- Leaving exempt interests of the United States, the State of Nebraska, political subdivisions or Native American Indian tribes in line 1 instead of entering them on line 2.
- Not filing a return for a month with no tax due; the instructions say a return must be filed even then.
- Reporting oil or gas without deducting amounts used in producing or severing operations, or for repressuring or recycling.
- Mailing the package only to Lincoln and skipping the copy to the Oil and Gas Conservation Commission in Sidney.
- Not carrying the totals of lines 4a, 4b, 4c and 6 to lines 1, 2, 3 and 5 of Form 61.
Frequently asked questions
What is Nebraska Schedule I (Form 61)?
It is the Nebraska Department of Revenue schedule titled Resources Severed from School Lands. You complete it with Form 61, the Nebraska Severance and Conservation Tax Return, to report oil and natural gas severed from school lands and the severance tax due on them.
Who has to file Schedule I with Form 61?
Every person filing Form 61 must complete it for resources severed from school lands. Complete a separate schedule for each Nebraska county where oil or natural gas is severed from school lands.
When is Schedule I due?
Monthly, on or before the last day of the month following the month in which the resources were severed. The return, schedules and tax payment are due together, and a return must be filed even if no tax is due.
Where do I mail Schedule I?
Mail it with Form 61 and the tax payment to Nebraska Department of Revenue, PO Box 94818, Lincoln, NE 68509-4818. Also mail copies of Schedule I and Form 61 to Nebraska Oil and Gas Conservation Commission, PO Box 399, Sidney, NE 69162-0399.
What is the difference between stripper and nonstripper oil on Schedule I?
Stripper oil comes from a property with a base production level of 10 or fewer barrels per day and goes in Columns A and B. Nonstripper oil comes from a property above 10 barrels per day and goes in Columns C and D. Without specific well records, report oil in Columns C and D.
What goes on line 2 of Schedule I?
Line 2 holds the quantities and values of exempt resources: interests of the United States, the State of Nebraska or their political subdivisions in oil, gas or proceeds, and interests of a Native American Indian or tribe in such resources from land subject to U.S. supervision.
Can I submit a computer printout instead of Schedule I?
Yes. The instructions allow a computer printout that reports substantially the same information to be submitted in place of Nebraska Schedule I, Form 61.
Can I fill out Schedule I online on FillingPDF?
Yes. You can fill out the PDF online on FillingPDF and download or print it. FillingPDF is an independent service and does not file the schedule or accept payment; you mail it to the Department of Revenue and the Commission yourself.
Ready to fill out Schedule I (Form 61)?
Fill out Schedule I (Form 61) now