Page:United States Statutes at Large Volume 92 Part 3.djvu/728

 92 STAT. 3360

PUBLIC LAW 95-621—NOV. 9, 1978 ( III) the drilling of such well was not subject to any requirement regarding directional or nondirectional drilling, or the drilling of such well was subject to requirements r e g a r d i n g directional drilling but such requirements did not necessitate the obtaining of any permit or other certificate before drilling began. (B) COMPLETION LOCATION TO SURFACE LOCATION.—In the

case of any new well which is not covered by subparagraph (A), the measurements shall be the horizontal distance from— (i) the closest point of any completion location of the new well, vertically projected to the same elevation as the surface location of the nearest marker well; to (ii) the surface location of such marker well. (3) DETERMINATION OF COMMERCIAL QUANTITIES.—For purposes

15 USC 717w.

15 USC 717 "ote. 15 USC 717f.

of determining whether production of natural gas has occurred in commercial quantities under paragraph (1)(C) — (A) a rebuttable presumption exists that production from a reservoir i n commercial quantities has not occurred if natu r a l gas has not been sold and delivered from such reservoir before April 20, 1977; and (B) quantities of n a t u r a l gas sold in interstate commerce (within the meaning of the N a t u r a l Gas Act) shall not be taken into account if such quantities were sold before the date of the enactment of this Act— (i) under section 6 of the Emergency N a t u r a l Gas Act of 1977; or (ii) under the emergency sale authority pursuant to Opinion 699-B issued by the Federal Power Commission under section 7(c) of the N a t u r a l Gas Act. (4) N E W WELLS W H I C H ARE ALSO MARKER W E L L S. — For purposes

of applying paragraph (c)(l)(B) ( i i) in the case of any marker well which is also a new well under section 2(3)(B), the reference in such paragraph (c)(l)(B) ( i i) to the deepest completion location of any marker well shall be deemed to be a reference to any subsurface location from which n a t u r a l gas was produced in commercial quantities after January 1, 1970, and before February 19, 1977. (d) O C S G A S QUALIFYING FOR N E W NATURAL G A S C E I L I N G P R I C E. —

For purposes of this section— (1)

Post, p. 3397.

O C S RESERVOIRS DISCOVERED O N OR AFTER JULY 27, 1976.

N a t u r a l gas determined in accordance with section 503 to be produced from a n old lease on the Outer Continental Shelf shall qualify for the new n a t u r a l gas ceiling price if such n a t u r a l gas is produced from a reservoir which was not discovered before July 27, 1976. (2) RESERVOIRS PENETRATED BEFORE J U L Y 27, 1976.—For p u r -

poses of paragraph (1), a reservoir shall be considered as having been discovered before July 27, 1976, if— (A) such reservoir was penetrated by a well before July 27, 1976; and (B) with respect to such well— (i) the results of any production test meeting the requirements of O C S Order No. 4 demonstrate that, as of the time of such test, the reservoir is capable of pro-

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