Definition(s)
Liquid Or Liquefied Hydrocarbons
Crude oil and products, derivatives, or byproducts of oil or gas that are:
- liquid under standard conditions of temperature and pressure;
- liquefied under the temperatures and pressures at which they are stored; or
- stored under conditions that necessitate the use of displacement fluids to withdraw them from storage.1
Source: Oil and Gas Division, Texas Administrative Code, Title 16, Chapter 3, February 2013. Regulations