The following words and terms, when used in this chapter, shall have the following meanings, unless the context clearly indicates otherwise. (1) Comptroller--The Comptroller of Public Accounts. (2) Contract--Any new or existing contract, agreement, tariff, rate, or other arrangement for the acquisition, sale, supply, or transportation of natural gas. (A) New contract-- (i) a contract that was not executed by all the necessary parties prior to September 1, 1991; or (ii) the renewal of an existing contract, whether or not affirmative action required for such renewal. (B) Existing contract--A contract that was executed by all the necessary parties prior to September 1, 1991. (3) General Land Office or GLO--The General Land Office, 1700 North Congress Avenue, Austin, Texas 78701-1495. (4) Mcf--Thousand cubic feet. (5) MMBtu equivalent--That volume of gas, measured in British thermal units, that is equivalent to one Mcf. (6) Production of energy--Includes, but is not limited to, the production of heat or electricity through the direct burning of natural gas or its use as fuel in generators or boilers. (7) State gas--Natural gas produced from land leased from: (A) the School Land Board; (B) a board for lease other than the Board for Lease of University Lands; or (C) the owner of the soil of lands subject to the Relinquishment Act of 1919 (Texas Natural Resources Code, §§52.171 - 52.190); or (D) other gas acquired by GLO for resale. (8) State gas price--The price offered or obtained by GLO in its sales contracts. |