Alaska Administrative Code (Last Updated: January 12, 2017) |
Title 11. Natural Resources. |
Part 11.1. Office of the Commissioner. |
Chapter 11.89. Exploration Incentive Credit. |
Section 11.89.990. Definitions.
Latest version.
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In this chapter and AS 41.09, unless the context otherwise requires, (1) "actual footage drilled" means the well's measured depth, including sidetracking or redrilling necessary to reach the originally proposed bottom-hole location; (2) "commissioner" means the commissioner of the Department of Natural Resources; (3) "department" means the Department of Natural Resources; (4) "direct costs" mean cash expenses undertaken by an applicant in the permitting, mobilization, conducting, demobilization, and evaluation of geophysical and geological surveys, or the drilling, logging, coring, testing, and evaluation of oil and gas wells; "direct costs" (A) includes direct labor costs, including the cost of benefits, for employees directly associated with the work commitment programs, the cost of renting or leasing equipment from parties not affiliated with the applicant, the reasonably costs of maintaining and operating equipment, payments to consultants and independent contractors not affiliated with the applicant, and costs of materials and supplies; (B) does not include noncash expenses such as depreciation and reserves, interest or other costs of borrowed funds, return on investment, overhead, insurance or bond premiums, or any other expense that is unreasonable or that the applicant has not incurred for activities in support of an exploration program; (5) "geologic data" means information gathered from surface geologic measurement, well and core hole information in a form suitable for storage, processing or interpretation, such as magnetic tape, computer disk, film, paper prints and listings; these may include mud log; electric logs; density logs; sonic logs; neutron logs; gamma ray logs; interpretative logs such as Schlumberger's cyberbook and formation microscanners and all types of dipmeter logs; directional surveys; core (conventional and sidewall) and outcrop sample descriptions and measurements, photos and analyses, including lithologic, porosity and permeability, petrographic, geochemical, thermal maturation, fission track, radiometric dating, fluid inclusion, palynologic, paleontologic, ichnologic, and sedimentologic data and interpretations; sample descriptions; data and analyses from cuttings, including lithologic and petrographic, descriptive and interpreted palynologic and paleontologic, geochemical, and thermal maturation indicators; fluid analysis; drillstem and repeat formation tests; other formation tests; and periodic drilling and operating reports; "geologic data" also includes maps, cross section, fence diagrams, and other interpretive displays; (6) "geophysical data" means all of the measurements and information obtained from electric surveys, gravity surveys, magnetic surveys, seismic reflection surveys, seismic refraction surveys, and remote sensing; "geophysical data" may be in the form of both raw field data and data that are the result of any processing or reduction in a form suitable for storage, processing or interpretation, such as magnetic tape, computer disk, film, paper prints, or listings; (7) "private land" means all land in this state, including shore, tide, and submerged land, where the mineral resources are not owned by any governmental entity or agency, including the United State government, the state, a municipality, the University of Alaska, the Mental Health Lands Trust, and similar public entities; (8) "state-owned land" means all land in this state, including shore, tide, and submerged land, where the mineral resources belong to or are acquired by the state.
Authorities
41.09.010;41.09.020;41.09.090
Notes
Authority
AS 41.09.010 AS 41.09.020 AS 41.09.090History
Eff. 9/22/95, Register 135