Arizona Statutes

§ 42-14101 — Definitions

Arizona·Title 42 Arizona Revised Statutes·Ch. 14 VALUATION OF CENTRALLY ASSESSED PROPERTY·Art. 3 Oil, Gas and Geothermal Properties

In this article, unless the context otherwise requires: 1. "Gas" means:

(a)Natural gas, including casinghead gas.
(b)All other hydrocarbons that are not defined as oil by this section.
(c)Helium and other nonhydrocarbon substances of a gaseous nature. 2. "Geothermal resource" has the same meaning prescribed in section 27-651. 3. "Gross production" means all oil, gas or geothermal resources that are produced and saved except:
(a)Any interest of the United States or this state or of any other person or entity that is exempt under the laws of the United States or the constitution or laws of this state in any oil, gas or geothermal resources or in the proceeds of oil, gas or geothermal resources.
(b)Oil, gas or geothermal resources that are used in producing operations or for repr

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