Definition(s)


Produced and Marketed

PRODUCED AND MARKETED. These words, as used in the Act, shall mean, when oil shall have left the lease tank battery or when natural gas shall have passed the metering point and entered into the stream of commerce as its first step toward the ultimate consumer.

Source: Oil and Gas Conservation Commission, Practice and Procedure, Code of Colorado Regulations, 2 CCR 404-1, February 2013. Regulations

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