Recovered Oil Tax Rate

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“Recovered oil tax rate” means the tax rate set forth in NMSA 1978, Section 7-29-4, on oil produced from an EOR project.

Source: Oil and Gas, New Mexico Administrative Code Title 19, Chapter 15, January 2013. Regulations

The tax rate provided by the Tax Code, §202.052(b).

Source: Oil and Gas Division, Texas Administrative Code, Title 16, Chapter 3, February 2013. Regulations

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