Definition of Offshore reserves and production

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TeachMeFinance.com - explain Offshore reserves and production



Offshore reserves and production

The term 'Offshore reserves and production' as it applies to the area of energy can be defined as ' Unless otherwise dedicated, reserves and production that are in either state or Federal domains, located seaward of the coastline'.

Previous 5 Terms:
offshore
offshore breakwater
Offshore Breeze
offshore currents
Offshore Flow
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Offshore Waters
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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".


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