The following on-shore production is not subject to any tax imposed under this part:

1. (1) Oil or gas production used for lease operations on the lease or unit where produced.
2. (2) Gas returned to a horizon or horizons in the field where produced, either through wells on the lease from which produced or wells on other leases.
3. (3) Gas vented or flared directly into the atmosphere, provided such gas is not otherwise sold.
4. (4) Oil and gas produced from new field wells, completed after July 1, 1997, for a period of 60 months after the completion date.

5. (5) Oil and gas produced after July 1, 1997, for a period of 48 months after the completion date from:

   1. (a) Any new producing well in an existing field that was established by the Department of Environmental Protection before July 1, 1997.
   2. (b) A shut-in well that has been out-of-service for a period of at least 24 months, prior to July 1, 1997, and through workover and mechanical repair is returned to commercial production.
   3. (c) A temporarily abandoned well or wellbore that has been out-of-service for a period of at least 24 months, prior to July 1, 1997, that is brought into commercial production by redrilling and recompletion.
6. (6) Oil and gas produced after July 1, 1997, for a period of 60 months after the completion date from any horizontal well or any well having a total measured depth in excess of 15,000 feet.
7. (7) No new exemptions as provided in subsections (4), (5), and (6) shall be granted after June 30, 2002.
8. (8) Subsections (4), (5), and (6) are repealed effective June 30, 2007.

History.--s. 5, ch. 86-178; s. 71, ch. 96-323.