nonparticipating working interest owner
Defined in 1 dictionary — U.S. Code
United States Code
42 U.S.C. § 13368 — as used in this section (2 versions over time)
The term “nonparticipating working interest owner” means a gas or oil owner of a tract included in a spacing unit which elects to share in the operation of the well on a carried basis by agreeing to have its proportionate share of the costs allocable to its interest charged against its share of production of the well in accordance with subsection (f)(3).