After June 30, 2010, and not later than the thirty-first day of March each year, the owner of a well that is used for gas storage or of a well that is used to monitor a gas storage reservoir and that is located in a reservoir protective area shall pay to the chief of the division of oil and gas resources management a gas storage well regulatory fee of one hundred twenty-five dollars for each well that the owner owned as of the thirty-first day of December of the previous year for the purposes of administering this chapter and Chapter 1509. of the Revised Code. The chief may prescribe and provide a form for the collection of the fee imposed by this section and may adopt rules in accordance with Chapter 119 of the Revised Code that are necessary for the administration of this section.

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Terms Used In Ohio Code 1571.18

  • Gas: means any natural, manufactured, or by-product gas or any mixture thereof. See Ohio Code 1571.01
  • reservoir: means a continuous area of a subterranean porous sand or rock stratum or strata, any part of which or of the protective area of which, is within a coal bearing township, into which gas is or may be injected for the purpose of storing it therein and removing it therefrom, or for the purpose of testing whether such stratum is suitable for such storage purposes. See Ohio Code 1571.01
  • state: means the state of Ohio. See Ohio Code 1.59
  • Well: means any hole, drilled or bored, or being drilled or bored, into the earth, whether for the purpose of, or whether used for:

    (1) Producing or extracting any gas or liquid mineral, or natural or artificial brines, or oil field waters;

    (2) Injecting gas into or removing gas from an underground gas storage reservoir;

    (3) Introducing water or other liquid pressure into an oil bearing sand to recover oil contained in such sand, provided that "well" does not mean a hole drilled or bored, or being drilled or bored, into the earth, whether for the purpose of, or whether used for, producing or extracting potable water to be used as such. See Ohio Code 1571.01

All money collected under this section shall be deposited in the state treasury to the credit of the oil and gas well fund created in section 1509.02 of the Revised Code.