Definition of Production, natural gas, wet after lease separation

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TeachMeFinance.com - explain Production, natural gas, wet after lease separation



Production, natural gas, wet after lease separation

The term 'Production, natural gas, wet after lease separation' as it applies to the area of energy can be defined as ' Volumes of gas withdrawn from gas storage reservoirs and native gas that has been transferred to the storage category are not considered part ofproduction. This production concept is not the same as marketed production, which excludes vented and flared gas'.

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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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