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TeachMeFinance.com - explain Lease separator Lease separator The term 'Lease separator' as it applies to the area of energy can be defined as ' A facility installed at the surface for the purpose of separating the full well stream volume into two or three parts at the temperature and pressure conditions set by the separator. For oil wells, these parts include produced crude oil, natural gas, and water. For gas wells, these parts include produced natural gas, lease condensate, and water'. Previous 5 Terms: Lease equipment Lease fuel Lease of power privilege Lease operations Lease separation facility Next 5 Terms: Leasehold reserves least common multiple (LCM) lechwe ledge Lee 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.