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TeachMeFinance.com - explain Lease condensate Lease condensate The term 'Lease condensate' as it applies to the area of energy can be defined as ' A mixture consisting primarily of hydrocarbons heavier than pentanes that is recovered as a liquid from natural gas in lease separation facilities. This category excludes natural gas plant liquids, such as butane and propane, which are recovered at downstream natural gas processing plants or facilities'.
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