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TeachMeFinance.com - explain Condensate (lease condensate) Condensate (lease condensate) The term 'Condensate (lease condensate)' as it applies to the area of energy can be defined as ' A natural gas liquid recovered from associated and non associated gas wells from lease separators or field facilities, reported in barrels of 42 U.S. gallons at atmospheric pressure and 60 degrees Fahrenheit'. Previous 5 Terms: concrete materials concrete situation Concussion COND Condensate Next 5 Terms: Condensation Condensation Funnel Condenser Condenser cooling water Conditional Payment About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.