Canada Oil and Gas Operations Act (R.S.C., 1985, c. O-7)

Act current to 2014-08-05 and last amended on 2014-04-01. Previous Versions

PART IIPRODUCTION ARRANGEMENTS

Interpretation

Marginal note:Definitions

 In this Part,

“pooled spacing unit”

« unité d’espacement mise en commun »

“pooled spacing unit” means the area that is subject to a pooling agreement or a pooling order;

“pooled tract”

« parcelle mise en commun »

“pooled tract” means the portion of a pooled spacing unit defined as a tract in a pooling agreement or a pooling order;

“pooling agreement”

« accord de mise en commun »

“pooling agreement” means an agreement to pool the interests of owners in a spacing unit and to provide for the operation or the drilling and operation of a well thereon;

“pooling order”

« arrêté de mise en commun »

“pooling order” means an order made under section 31 or as altered pursuant to section 35;

“royalty interest”

« droit à redevance »

“royalty interest” means any interest in, or the right to receive a portion of, any oil or gas produced and saved from a field or pool or part of a field or pool or the proceeds from the sale thereof, but does not include a working interest or the interest of any person whose sole interest is as a purchaser of oil or gas from the pool or part thereof;

“royalty owner”

« titulaire de redevance »

“royalty owner” means a person, including Her Majesty in right of Canada, who owns a royalty interest;

“spacing unit”

« unité d’espacement »

“spacing unit” means the area allocated to a well for the purpose of drilling for or producing oil or gas;

“tract participation”

« fraction parcellaire »

“tract participation” means the share of production from a unitized zone that is allocated to a unit tract under a unit agreement or unitization order or the share of production from a pooled spacing unit that is allocated to a pooled tract under a pooling agreement or pooling order;

“unit agreement”

« accord d’union »

“unit agreement” means an agreement to unitize the interests of owners in a pool or a part of a pool exceeding in area a spacing unit, or such an agreement as varied by a unitization order;

“unit area”

« secteur unitaire »

“unit area” means the area that is subject to a unit agreement;

“unitization order”

« arrêté d’union »

“unitization order” means an order that is made under section 41 or issued under section 48.092;

“unitized zone”

« terrain »

“unitized zone” means a geological formation that is within a unit area and subject to a unit agreement;

“unit operating agreement”

« accord d’exploitation unitaire »

“unit operating agreement” means an agreement, providing for the management and operation of a unit area and a unitized zone, that is entered into by working interest owners who are parties to a unit agreement with respect to that unit area and unitized zone, and includes a unit operating agreement as varied by a unitization order;

“unit operation”

« exploitation unitaire »

“unit operation” means those operations conducted pursuant to a unit agreement or a unitization order;

“unit operator”

« exploitant unitaire »

“unit operator” means a person designated as a unit operator under a unit operating agreement;

“unit tract”

« parcelle unitaire »

“unit tract” means the portion of a unit area that is defined as a tract in a unit agreement;

“working interest”

« intérêt économique direct »

“working interest” means a right, in whole or in part, to produce and dispose of oil or gas from a pool or part of a pool, whether that right is held as an incident of ownership of an estate in fee simple in the oil or gas or under a lease, agreement or other instrument, if the right is chargeable with and the holder thereof is obligated to pay or bear, either in cash or out of production, all or a portion of the costs in connection with the drilling for, recovery and disposal of oil or gas from the pool or part thereof;

“working interest owner”

« détenteur »

“working interest owner” means a person who owns a working interest.

  • R.S., 1985, c. O-7, s. 29;
  • 1992, c. 35, s. 27(F);
  • 2014, c. 2, s. 24.