new well
Defined in 1 place of the United States Code.
The term “new well” means any well—
(A) the surface drilling of which began on or after February 19, 1977; or
(B) the depth of which was increased, by means of drilling on or after February 19, 1977, to a completion location which is located at least 1,000 feet below the depth of the deepest completion location of such well attained before February 19, 1977.
Source
- 1994–present15 U.S.C. § 3301Commerce and Trade · Definitions · for purposes of this chapter