Related Party Transactions (Tables)

9 Months Ended

Sep. 30, 2015

Costs and revenues allocated between Partnership and MD

The Partnership participates in oil and gas activities through the Program. The Partnership and MD are the parties to the Program, and the costs and revenues are allocated between them as follows:

	Partnership			MD⁽¹⁾
Revenues:
Proceeds from disposition of depreciable and depletable properties		60	%		40	%
All other revenues		60	%		40	%
Costs and expenses:
Organization and offering costs⁽¹⁾		0	%		100	%
Lease acquisition costs⁽¹⁾		0	%		100	%
Tangible and intangible drilling costs⁽¹⁾		100	%		0	%
Operating costs, reporting and legal expenses, general and
administrative expenses and all other costs		60	%		40	%

⁽¹⁾

As noted above, pursuant to the Program, MD must contribute 100% of organization and offering costs and lease acquisition costs which should approximate 30% of total capital costs. To the extent that organization and offering costs and lease acquisition costs are less than 30% of total capital costs, MD is responsible for tangible drilling costs until its share of the Program’s total capital costs reaches approximately 30%. The Partnership’s financial statements reflect its respective proportionate interest in the Program.

MEWBOURNE ENERGY PARTNERS 03-A LP 10-Q