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TeachMeFinance.com - explain Lease operations Lease operations The term 'Lease operations' as it applies to the area of energy can be defined as ' Any well, lease, or field operations related to the exploration for or production of natural gasprior to delivery for processing or transportation out of the field. Gasused in lease operations includes usage such as for drilling operations, heaters, dehydraters, field compressors, and net used for gas lift'. Previous 5 Terms: Lease and plant fuel Lease condensate Lease equipment Lease fuel Lease of power privilege Next 5 Terms: Lease separation facility Lease separator Leasehold reserves least common multiple (LCM) lechwe 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.