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leased tract

Defined in 1 place of the United States Code.

The term “leased tract” means a tract maintained under section 1335 of this title or leased under section 1337 of this title for the purpose of drilling for, developing, and producing oil and natural gas resources.

Source

The term “leased tract” means a tract that is subject to a lease under section 1335 or 1337 of this title for the purpose of drilling for, developing, and producing oil or natural gas resources.

Source