Part 8Oil activities

Chapter 7REDUCTION OF SUPPLEMENTARY CHARGE FOR ELIGIBLE OIL FIELDS

Interpretation

355“Ultra high pressure/high temperature oil field”

In this Chapter “ultra high pressure/high temperature oil field” means an oil field with oil at—

(a)

a pressure of more than F1862 bar in the reservoir formation, and

(b)

a temperature of more than F2166 degrees celsius in the reservoir formation.