Louisiana § 30:82 Definitions

Louisiana Statutes

§ 30:82 — Definitions

Louisiana § 30:82

Title 30Mortgages and Privileges

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Bluebook

La. Stat. Ann. § 30:82 (2026).

Text

§82. Definitions As used in this Part, the following terms shall have the meanings ascribed to them in this Section, unless the context or use clearly indicates otherwise:

(1)"Bonds" means revenue bonds, notes, certificates, or other evidences of indebtedness issued by an issuer pursuant to R.S. 30:83.1.

(2)"Department" means the Department of Conservation and Energy.

(3)"Fund" means the Oilfield Site Restoration Fund.

(4)"Issuer" means a public trust and public corporation organized and existing by, under, and pursuant to the provisions of R.S. 9:2341 through 2347, whose beneficiary is the state of Louisiana, and who is authorized to issue revenue bonds on behalf of the state of Louisiana or the Louisiana Local Government Environmental Facilities and Community Development Authority, p

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§82. Definitions
As used in this Part, the following terms shall have the meanings ascribed to them
in this Section, unless the context or use clearly indicates otherwise:
(1) "Bonds" means revenue bonds, notes, certificates, or other evidences of
indebtedness issued by an issuer pursuant to R.S. 30:83.1.
(2) "Department" means the Department of Conservation and Energy.
(3) "Fund" means the Oilfield Site Restoration Fund.
(4) "Issuer" means a public trust and public corporation organized and existing by,
under, and pursuant to the provisions of R.S. 9:2341 through 2347, whose beneficiary is the
state of Louisiana, and who is authorized to issue revenue bonds on behalf of the state of
Louisiana or the Louisiana Local Government Environmental Facilities and Community
Development Authority, pursuant to the provisions of R.S. 33:4548.1 et seq.
(5) "Nonproducing oilfield site" means an oilfield site which is not a producing
oilfield site and which has not been declared an orphaned oilfield site by the secretary.
(6) "Oilfield site" or "exploration and production (E&P) site" means any oilfield site
or exploration and production site as defined in R.S. 30:29(I)(5).
(7) "Orphaned oilfield site" means an oilfield site which has no continued useful
purpose for the exploration, production, or development of oil or gas and which has been
declared to be an orphaned oilfield site by the assistant secretary under R.S. 30:91.
(8) "Producing oilfield site" means an oilfield site which is associated with the
production of oil or gas for at least six months of the preceding calendar year.
(9) "Responsible party" means the operator of record according to the department
records, who last operated the property on which the oilfield site is located at the time the site
is about to be abandoned, ceases operation, or becomes an unusable oilfield site, and that
operator's partners and working interest owners of that oilfield site. A working interest owner
is the owner of a mineral right who is under an obligation to share in the costs of drilling or
producing a well on the oilfield site.
(10) "Revenues" means the revenues described in R.S. 30:83.1(A)(2).
(11) "Secretary" means the secretary of the Department of Conservation and Energy
or his authorized representatives.
(12) "Site restoration" means any and all oilfield site restoration activities required
of a responsible party of an oil or gas property by regulations adopted by the department
pursuant to this Subtitle, including without limitation plugging of oil and gas wells, pit
closure, site remediation, and removal of oilfield equipment.
(13) "Trust authority" means the Natural Resources Trust Authority established
pursuant to R.S. 36:356.1.
(14) "Unusable oilfield site" means an oilfield site which has no continued useful
purpose for the exploration, production, or development of oil or gas and for which a
responsible party can be located.

Legislative History

Acts 1993, No. 404, §2; Acts 2006, No. 312, §1, eff. June 8, 2006; Acts 2016, No. 666, §1, eff. June 17, 2016; Acts 2023, No. 150, §5, eff. Jan. 10, 2024; Acts 2024, 3rd Ex. Sess., No. 16, §§1, 2, eff. July 1, 2025; Acts 2025, No. 458, §1, eff. Oct. 1, 2025.