Commission certification of secondary recovery project

Upon the filing of an application for certification of a qualifying secondary recovery project, the commission shall promptly set a date for hearing. In determining whether a secondary recovery project shall be certified as a "qualifying secondary recovery project", the commission shall determine: 1. The amount of crude oil which would have been recovered from the unit source of supply if the secondary recovery project had not been commenced; and 2. Whether, for the purposes of a tax exemption and subsequent thereto the tax reduction, there has been incremental production.