For the purposes of this chapter, the following words and phrases shall have the meanings respectively ascribed to them by this section; provided, that all technical or oil and gas industry words or phrases used herein and not specifically defined herein shall have that meaning customarily attributable thereto by prudent operators in the oil and gas industry.
LEASE. Any tract of land subject to an oil, gas, and mineral lease or other oil and gas development contract, or any unit composed of several tracts and leases but operated as one lease, and any tract of land in which the minerals are owned by an operator or someone holding under it or him or her, but which, due to the fee royalty ownership is developed and operated as a separate tract.
PERMITTEE. The person to whom is issued a permit for the drilling and operation of a well under this chapter, and his, her, or its administrators, executors, heirs, successors, and assigns.
WELL. Any hole or holes, bore or bores, to any sand, formation, strata, or depth for the purpose of producing and recovering any oil, gas, liquid hydrocarbon, or any of them.
(Prior Code, § 18-1)