36Ascertainment of quantity of petroleum recovered

36 Ascertainment of quantity of petroleum recovered

For the purposes of this Act, the quantity of petroleum recovered by a petroleum exploration permittee, petroleum retention lessee or petroleum production licensee from a well during a period is taken to be—

(a) the quantity measured during that period by a measuring device approved by the Minister and installed at the wellhead or at any other place the Minister approves; or

(b) if a measuring device is not installed, or the Minister is not satisfied that the quantity of petroleum recovered by the permittee, lessee or licensee from that well has been properly or accurately measured by a measuring device referred to in paragraph (a)—the quantity determined by the Minister as being the quantity recovered by the permittee, lessee or licensee from that well during that period.