43 C.F.R. § 3142.0-5   Definitions.


Title 43 - Public Lands: Interior


Title 43: Public Lands: Interior
PART 3140—LEASING IN SPECIAL TAR SAND AREAS
Subpart 3142—Paying Quantities/Diligent Development for Combined Hydrocarbon Leases

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§ 3142.0-5   Definitions.

As used in part 3140 of this title, the term production in paying quantities means:

(a) Production, in compliance with an approved plan of operations and by nonconventional methods, of oil and gas which can be marketed; or

(b) Production of oil or gas by conventional methods as the term is currently used in part 3160 of this title.

[51 FR 7276, Mar. 3, 1986, as amended at 70 FR 58616, Oct. 7, 2005]

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