§ 16377. Definitions
In this part:
(1)
Deepwater
The term “deepwater” means a water depth that is greater than 200 but less than 1,500 meters.
(2)
Independent producer of oil or gas
(A)
In general
The term “independent producer of oil or gas” means any person that produces oil or gas other than a person to whom subsection (c) of section
613A of title 26 does not apply by reason of paragraph (2) (relating to certain retailers) or paragraph (4) (relating to certain refiners) of section 613A(d) of such title.
(5)
Program research funds
The term “program research funds” means funds awarded to research performers by the program consortium consistent with the annual plan.
(7)
Small producer
The term “small producer” means an entity organized under the laws of the United States with production levels of less than 1,000 barrels per day of oil equivalent.
(8)
Ultra-deepwater
The term “ultra-deepwater” means a water depth that is equal to or greater than 1,500 meters.
(9)
Ultra-deepwater architecture
The term “ultra-deepwater architecture” means the integration of technologies for the exploration for, or production of, natural gas or other petroleum resources located at ultra-deepwater depths.
(10)
Ultra-deepwater technology
The term “ultra-deepwater technology” means a discrete technology that is specially suited to address one or more challenges associated with the exploration for, or production of, natural gas or other petroleum resources located at ultra-deepwater depths.
(11)
Unconventional natural gas and other petroleum resource
The term “unconventional natural gas and other petroleum resource” means natural gas and other petroleum resource located onshore in an economically inaccessible geological formation, including resources of small producers.