R850-27-100. Definitions

Related Notices

Latest version.

1. In addition to those applicable definitions in R850-24-175, the following definitions shall apply to this section:

(a) Lease: a geothermal steam lease.

(b) Lessee: a person or entity holding a record title interest in a geothermal steam lease.

(c) Shut-In Geothermal Well: a geothermal well capable of producing in paying quantities, but which cannot be marketed at a reasonable price due to existing market conditions.

                    
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