High Cost Gas Well definition

High Cost Gas Well means a gas well that:
High Cost Gas Well means any gas well that is completed as a well capable of producing high-cost gas.

Examples of High Cost Gas Well in a sentence

  • On or after January 1, 2009, the High Cost Gas Well category shall be assigned to all newly permitted wells that satisfy the definition of a High Cost Gas Well in accordance with subparagraph b) 4) above at the time of well categorization in accordance with subparagraphs d) and g) above.

  • The well category determination, shall determine the category for that well throughout the life of that well, regardless if other zones are produced within the well at a later date, until such time as the well qualifies as a Marginal Conventional Gas Well or a Marginal High Cost Gas Well.

  • The High Cost Gas Well category shall be assigned to all existing wells on January 1, 2009, which satisfy the definition of a High Cost Gas Well in accordance with subparagraph b) 4) above.

  • Once a permit is issued, if a well is completed in two or more separately metered producing zones (sources of supply), and one or more of the producing zones are different categories, with respect to a Conventional Gas Well or a High Cost Gas Well, the well category shall be based on which zone in the well produces the larger percentage of the total well production, based on the initial back pressure tests required by General Rule D-16.

  • Wells not classified as a High Cost Gas Well, New Discovery Gas Well, Marginal Conventional Gas Well or Marginal High Cost Gas Well, as described above, shall be automatically classified as a Conventional Gas Well subject to the severance tax rate specified in Ark Code Ann.

  • If on that date the High Cost Gas Well has a reported date of first production on or after January 1, 2006, the well shall automatically qualify for a cost recovery period for a period of 36 consecutive calendar months following the date of first production, unless a longer time period is granted by the Department of Finance and Administration in accordance with Ark Code Ann.

  • When a Conventional Gas Well qualifies as a Marginal Conventional Gas Well, or a High Cost Gas Well qualifies as a Marginal High Cost Gas Well, a permit holder may apply to the Director, for a Marginal Conventional Gas Well or Marginal High Cost Gas Well category determination.

  • The applicable Marginal Gas well category shall be assigned to all existing Conventional Gas Wells and High Cost Gas Wells on January 1, 2009, that qualify as either a Marginal Conventional Gas Well or a Marginal High Cost Gas Well and, which as of that date do not qualify as either a New Discovery Gas Well during the cost recovery period set forth in subparagraphs i) 2) A), and B) above, or a High Cost Gas Well during the cost recovery period set forth in subparagraphs i) 1) A) and B) above.

  • At the conclusion of the cost recovery period, specified in subparagraph i) 1) A) and B) above, the well shall automatically be re-classified as a High Cost Gas Well no longer subject to the tax rate for the cost recovery period, and shall be subject to the applicable severance tax rate specified in Ark Code Ann.

  • A permit holder shall immediately notify the Director in writing when a well, which has been previously determined to be a Marginal Conventional Gas Well no longer qualifies as a Marginal Conventional Gas Well, or a Marginal High Cost Gas Well no longer qualifies as a Marginal High Cost Gas Well.

Related to High Cost Gas Well

  • Gas well means a well producing gas or natural gas from a common source of gas supply as determined by the commission.

  • Water well means an excavation that is drilled, cored, bored, augered, washed, driven, dug, jetted, or otherwise constructed for the purpose of exploring for groundwater, monitoring groundwater, utilizing the geothermal properties of the ground, or extracting water from or injecting water into the aquifer. “Water well” does not include an open ditch or drain tiles or an excavation made for obtaining or prospecting for oil, natural gas, minerals, or products mined or quarried.

  • Oil well means any well capable of producing oil or oil and casinghead gas from a common source of supply as determined by the commission.

  • Deep well means a well located and constructed in such a manner that there is a continuous layer of low permeability soil or rock at least 5 feet thick located at least 25 feet below the normal ground surface and above the aquifer from which water is to be drawn.

  • Shallow well means a well located and constructed in such a manner that there is not a continuous layer of low permeability soil or rock (or equivalent retarding mechanism acceptable to the department) at least 5 feet thick, the top of which is located at least 25 feet below the normal ground surface and above the aquifer from which water is to be drawn.

  • Dry well means a type of infiltration practice that allows storm water run-off to flow directly into the ground via a bored or otherwise excavated opening in the ground surface.

  • Bulk gasoline plant means a gasoline storage and distribution facility with an average daily throughput of 20,000 gallons (76,000 liters) of gasoline or less on a 30-day rolling average.

  • Exploration Well means a well that is not a development well, a service well or a stratigraphic test well.

  • Natural Gas Liquids means those hydrocarbon components that can be recovered from natural gas as a liquid including, but not limited to, ethane, propane, butanes, pentanes plus, and condensates;

  • Geothermal fluid means water in any form at temperatures greater than 120

  • Clean coal technology demonstration project means a project using funds appropriated under the heading “Department of Energy—Clean Coal Technology,” up to a total amount of $2,500,000,000 for commercial demonstration of clean coal technology, or similar projects funded through appropriations for the Environmental Protection Agency. The federal contribution for a qualifying project shall be at least 20 percent of the total cost of the demonstration project.

  • Horizontal well means a well bore drilled laterally at an angle of at least eighty (80) degrees to the vertical or with a horizontal projection exceeding one hundred (100) feet measured from the initial point of penetration into the productive formation through the terminus of the lateral in the same common source of supply.

  • Total tetrahydrocannabinol means the sum of the percentage by weight of tetrahydrocannabinolic acid multiplied by eight hundred seventy-seven thousandths plus the percentage of weight of tetrahydrocannabinol.

  • Very high radiation area means an area, accessible to individuals, in which radiation levels from radiation sources external to the body could result in an individual receiving an absorbed dose in excess of 5 Gy (500 rad) in one hour at one meter from a source of radiation or one meter from any surface that the radiation penetrates.

  • Temporary clean coal technology demonstration project means a clean coal technology demonstration project that is operated for a period of five years or less and that complies with the SIP and other requirements necessary to attain and maintain the national ambient air quality standards during the project and after the project is terminated.

  • High radiation area means an area, accessible to individuals, in which radiation levels from radiation sources external to the body could result in an individual receiving a dose equivalent in excess of one mSv (0.1 rem) in one hour at 30 centimeters from any source of radiation or 30 centimeters from any surface that the radiation penetrates.

  • Rechargeable Electrical Energy Storage System (REESS) means the rechargeable energy storage system that provides electric energy for electrical propulsion.

  • Natural area means an area of the rural or non-urban environment which is in an unspoilt natural state or is of high scenic value, and includes, but is not limited to, national parks, game reserves, nature reserves, marine reserves, wilderness areas, areas of extensive agriculture and scenic areas;

  • Cluster development means a contiguous cluster or

  • Ultra Low Sulfur Diesel Fuel means diesel fuel that has a sulfur content of no more than fifteen parts per

  • Gasification means the substoichiometric oxidation or steam reformation of a substance to produce a gaseous mixture containing two or more of the following: (i) oxides of carbon; (ii) methane; and (iii) hydrogen;

  • High global warming potential hydrofluorocarbons means any hydrofluorocarbons in a particular end use for which EPA’s Significant New Alternatives Policy (SNAP) program has identified other acceptable alternatives that have lower global warming potential. The SNAP list of alternatives is found at 40 CFR part 82, subpart G, with supplemental tables of alternatives available at (http://www.epa.gov/snap/ ).

  • CBM means Capacity Benefit Margin.

  • Gas Transporter means the licensed operator of the transportation network through which gas is transported to you;

  • Total resource cost test or "TRC test" means a standard that is met if, for an investment in energy efficiency or demand-response measures, the benefit-cost ratio is greater than one. The benefit-cost ratio is the ratio of the net present value of the total benefits of the program to the net present value of the total costs as calculated over the lifetime of the measures. A total resource cost test compares the sum of avoided electric utility costs, representing the benefits that accrue to the system and the participant in the delivery of those efficiency measures, as well as other quantifiable societal benefits, including avoided natural gas utility costs, to the sum of all incremental costs of end-use measures that are implemented due to the program (including both utility and participant contributions), plus costs to administer, deliver, and evaluate each demand-side program, to quantify the net savings obtained by substituting the demand-side program for supply resources. In calculating avoided costs of power and energy that an electric utility would otherwise have had to acquire, reasonable estimates shall be included of financial costs likely to be imposed by future regulations and legislation on emissions of greenhouse gases.

  • exploration area means that part of the Area allocated to the Contractor for exploration, described in schedule 1 hereto, as the same may be reduced from time to time in accordance with this contract and the Regulations;