Definition of Supply source

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TeachMeFinance.com - explain Supply source



Supply source

The term 'Supply source' as it applies to the area of energy can be defined as ' May be a single completion, a single well, a single field with one or more reservoirs, several fields under a single gas-purchase contract, miscellaneous fields, a processing plant, or a field area; provided, however, that the geographic area encompassed by a single supply source may not be larger than the state in which the reserves are reported'.

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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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