SECTION 8.2. Definitions

The following words and terms, when used in this chapter, shall have the following meanings, unless the context clearly indicates otherwise.

(1) Comptroller--The Comptroller of Public Accounts.

(2) Contract--Any new or existing contract, agreement, tariff, rate, or other arrangement for the acquisition, sale, supply, or transportation of natural gas.

(A) New contract--

(i) a contract that was not executed by all the necessary parties prior to September 1, 1991; or

(ii) the renewal of an existing contract, whether or not affirmative action required for such renewal.

(B) Existing contract--A contract that was executed by all the necessary parties prior to September 1, 1991.

(3) General Land Office or GLO--The General Land Office, 1700 North Congress Avenue, Austin, Texas 78701-1495.

(4) Mcf--Thousand cubic feet.

(5) MMBtu equivalent--That volume of gas, measured in British thermal units, that is equivalent to one Mcf.

(6) Production of energy--Includes, but is not limited to, the production of heat or electricity through the direct burning of natural gas or its use as fuel in generators or boilers.

(7) State gas--Natural gas produced from land leased from:

(A) the School Land Board;

(B) a board for lease other than the Board for Lease of University Lands; or

(C) the owner of the soil of lands subject to the Relinquishment Act of 1919 (Texas Natural Resources Code, §§52.171 - 52.190); or

(D) other gas acquired by GLO for resale.

(8) State gas price--The price offered or obtained by GLO in its sales contracts.

Source Note: The provisions of this §8.2 adopted to be effective September 30, 1992, 17 TexReg 6450; amended to be effective December 19, 2005, 30 TexReg 8439