Oregon Statutes > Chapter 520 > Unit Operations
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Terms Used In Oregon Statutes > Chapter 520 > Unit Operations
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
- Contract: A legal written agreement that becomes binding when signed.
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- Field: means the general area underlaid by one or more pools. See Oregon Statutes 520.005
- Gas: means all natural gas and all other fluid hydrocarbons not defined as oil in subsection (5) of this section, including condensate originally in the gaseous phase in the reservoir. See Oregon Statutes 520.005
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Oil: means crude petroleum oil and all other hydrocarbons, regardless of gravity, that are produced in liquid form by ordinary production methods, but does not include liquid hydrocarbons that were originally in a gaseous phase in the reservoir. See Oregon Statutes 520.005
- Owner: means a person who has the right to drill into and to produce from any pool and to appropriate the oil or gas produced therefrom either for others, for the person or for the person and others. See Oregon Statutes 520.005
- Person: means any natural person, partnership, corporation, association, receiver, guardian, fiduciary, administrator, representative of any kind, or the State of Oregon and any public body as defined in ORS § 174. See Oregon Statutes 520.005
- Pool: means an underground reservoir containing a common accumulation of oil and natural gas. See Oregon Statutes 520.005
- Protect correlative rights: means that the action or regulation by the board affords a reasonable opportunity to each person entitled thereto to recover or receive the oil or gas in the tract or tracts of the person or the equivalent thereof, without being required to drill unnecessary wells or to incur other unnecessary expense to recover or receive such oil or gas or its equivalent. See Oregon Statutes 520.005
- Statute: A law passed by a legislature.
- Unit area: means one or more pools or parts thereof under unit operation pursuant to ORS § 520. See Oregon Statutes 520.005
- Violate: includes failure to comply. See Oregon Statutes 174.100
- Well: includes a well drilled in search of a new or undiscovered pool, or with the intent of extending the limits of a developed pool. See Oregon Statutes 520.005