Definition of Unconventional oil and natural gas production

0-9
a
b
c
d
e
f
g
h
i
j
k
l
m
n
o
p
q
r
s
t
u
v
w
y
z

search

TeachMeFinance.com - explain Unconventional oil and natural gas production



Unconventional oil and natural gas production

The term 'Unconventional oil and natural gas production' as it applies to the area of energy can be defined as ' What has qualified as 'unconventional' at any particular time is a complex interactive function of resource characteristics, the available exploration and production technologies, the current economic environment, and the scale, frequency, and duration of production from the resource. Perceptions of these factors inevitably change over time and they often differ among users of the term. For these reasons, the scope of this term will be expressly stated in any EIA publication that uses it. For example, seeInternational Energy Outlook, Table E4 for the list it currently uses for unconventional oil and natural gas production'.

Previous 5 Terms:
Uncompleted wells, equipment, and facilities costs
Unconfined aquifer
Unconformity
unconsolidated
Unconsolidated entity
Next 5 Terms:
UNCTAD
Undercurrent
undercutting
Underflow
Underground Feeder (UF)




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.