NRS 522.0301 – “Other nonworking interest” defined.
“Other nonworking interest” means any interest in an oil and gas lease or well which is not a royalty, overriding royalty or working interest. (Added to NRS by 1991, 960)
NRS 522.0305 – “Overriding royalty” defined.
“Overriding royalty” means a share of production taken from the lessee’s interest under an oil and gas lease. (Added to NRS by 1991, 960)
NRS 522.031 – “Owner” defined.
“Owner” means the person who has the right to drill into and produce from a pool and to appropriate the oil and gas he or she produces therefrom for himself or herself and others. (Added to NRS by 1983, 2071)
NRS 522.033 – “Person” defined.
“Person” includes any department, agency or instrumentality of the State or any governmental subdivision thereof. (Added to NRS by 1983, 2071)
NRS 522.035 – “Pool” defined.
“Pool” means an underground reservoir containing, or appearing to contain, a common accumulation of oil or gas. Each zone of a general structure which is completely separated from any other zone in the structure is included in the term “pool.” (Added to NRS by 1983, 2071)
NRS 522.037 – “Producer” defined.
“Producer” means the owner of a well or wells capable of producing oil or gas, or both. (Added to NRS by 1983, 2071)
NRS 522.038 – “Royalty” defined.
“Royalty” means the mineral owner’s share of production. (Added to NRS by 1991, 960)
NRS 522.039 – “Waste” defined.
“Waste” includes: 1. The inefficient, excessive or improper use of or unnecessary dissipation of reservoir energy. 2. The locating, spacing, drilling, equipping, operating or producing of any oil or gas well in a manner which results or tends to result in reducing the quantity of oil or gas to be recovered from any pool in […]
NRS 522.024 – “Division order” defined.
“Division order” means a written instrument executed for the purpose of: 1. Directing the distribution of the proceeds from the sale of the production from an oil or gas well among the owners of the interests in that production; 2. Setting forth the name and address of each of those owners; and 3. Enabling the […]
NRS 522.025 – “Field” defined.
“Field” means the general area which is underlain or appears to be underlain by at least one pool and includes the underground reservoir or reservoirs containing oil or gas. (Added to NRS by 1983, 2070)