43 CFR 3212.21 - What criteria establish a qualified expansion project for the purpose of obtaining a production incentive?
A qualified expansion project must meet the following criteria:
(a) It must involve substantial capital expenditure. Examples include the drilling of additional wells, retrofitting existing wells and collection systems to increase production rates, retrofitting turbines or power plant components to increase efficiency, adding additional generation capacity to existing plants, and enhanced recovery projects such as augmented injection. Projects that are not associated with substantial capital expenditure, such as opening production valves and operating existing equipment at higher rates, do not qualify as expansion projects.
Title 43 published on 2014-10-01
no entries appear in the Federal Register after this date.