Torrance Municipal Code Art. 1 Definitions

228.1.1 CHAPTER TITLE.

This Chapter is known and may be cited as the Severance Tax Law.

228.1.2 GOVERNING DEFINTIONS.

Unless the context otherwise requires, the definitions set forth in this Article govern the construction of this Chapter.

228.1.3 PERSON.

Includes any individual, firm, partnership, joint venture, association, corporation, estate, trust, business trust, receiver, syndicate, or any other group or combination acting as a unit.

228.1.4 OIL.

Shall mean crude oil, condensate, or other mineral oil produced or recovered from the earth as liquid, regardless of specific gravity.

228.1.5 PRODUCER.

Shall mean any person owning, controlling, managing or leasing any oil well and any person who produces or severs oil from the earth in any manner in this City, including any person owning any royalty or other interest in any oil taken from the earth in this City or the proceeds of any such oil, whether produced by him or by some other person, either by lease, contract or otherwise.

228.1.6 OPERATOR.

Shall mean the producer in actual charge of production operations.

228.1.7 PRODUCED.

Shall mean the total gross amount of oil produced and saved, including that attributable to royalty or other interest. Allowance shall be made for any reasonable and bona fide deduction for basic sediment and water, and for correction of temperature to sixty (60) degrees Fahrenheit.

228.1.8 SEVERING.

Shall mean extracting or withdrawing any oil from the earth in this City, whether such extraction or withdrawal is by natural flow, mechanically enforced flow, pumping or any other means.

228.1.9 BARREL.

Shall mean forty-two (42) U. S. gallons of oil.

228.1.10 DIRECTOR.

Shall mean the Director of Finance of the City.

228.1.11 IN THE CITY.

Shall mean the exterior limits of the City of Torrance, and includes all territory within such City limits. A well shall be deemed to be located in the City if the surface location of the well, or the surface of the well itself, is located in the City regardless of where the hole is bottomed.