Alaska § 31.15.050 - Definitions.
Full text of Alaska Alaska Statutes § 31.15.050 — Definitions., with citation guidance and answers to common questions.
§ 31.15.050. Definitions.
In this chapter, (1) “commission” means the Regulatory Commission of Alaska;
(2) “field” means a general area which is underlain or appears to be underlain by at least one pool, and includes the underground reservoir containing oil or gas; and the words “pool” and “field” mean the same thing when only one underground reservoir is involved, but “field” unlike “pool” may relate to two or more pools;
(3) “oil” includes crude petroleum oil and other hydrocarbons regardless of gravity which are produced at the wellhead in liquid form and the liquid hydrocarbons known as distillate or condensate recovered or extracted from gas, other than gas produced in association with oil and commonly known as casinghead gas;
(4) “pool” means an underground reservoir containing oil; each zone of a general structure which is completely separated from any other zone in the structure is covered by the term “pool”;
(5) “purchaser” means a person who purchases oil in the state.
Frequently Asked Questions About Alaska § 31.15.050
What does Alaska Statutes § 31.15.050 cover?
Section 31.15.050 ("Definitions.") is part of the Alaska Statutes, the codified statutory law of Alaska. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alaska § 31.15.050?
A common citation format is "Alaska Statutes § 31.15.050" (Alaska). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alaska law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alaska official source linked on this page or consult a licensed Alaska attorney.
How does Alaska § 31.15.050 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alaska can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alaska.