value of similar grade and quality property.
"Meter." A device to measure the passage of volumes of gases
or liquids past a certain point.
"Natural gas." A fossil fuel severed from unconventional
formations consisting of a mixture of hydrocarbon gases,
including methane, ethane, propane, butane, carbon dioxide,
oxygen, nitrogen and hydrogen sulfide and other gas species. The
term includes natural gas from oil fields known as associated
gas or casing head gas, natural gas fields known as
nonassociated gas, shale beds and other formations. The term
does not include coal bed methane.
"Natural gas liquids." Hydrocarbons, including ethane,
propane, butane, isobutane and pentane that are separated from
natural gas severed from unconventional formations as liquids
through the process of absorption, condensation, adsorption,
cooling in gas separators, gas processing or cycling plants or
condensate at the well head.
"Person." Includes a corporation, partnership, limited
liability company, business trust, other association, a
government entity other than the Commonwealth, estate, trust,
foundation or natural person.
"Producer." A person who engages or continues within this
Commonwealth in the business of severing natural gas from
unconventional formations for sale, profit or commercial use.
"Producing site." A point of severance, including a well and
its associated zones and multilateral well bores, that is
capable of producing natural gas from an unconventional
formation.
"Related parties." Two or more people, organizations or
businesses owned or controlled directly or indirectly by the
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