Oil and gas production definition

Oil and gas production means any oil, natural gas, condensate or either, natural gas liquids, other gaseous, liquid or dissolved hydrocarbons, sulfur, or helium, or other substance produced as a by-product or adjunct to their production, or any combination of these, which is severed, extracted or produced from the ground within the jurisdiction of the state of Kansas. Any such substance, including recoverable or recovered natural gas liquids, which is transported to or in a natural gas pipeline or natural gas gathering system, or otherwise transported or sold for use as natural gas, or is transported or sold for the extraction of helium or natural gas liquids is "gas production." Any such substance which is transported or sold to persons and for purposes not included in the foregoing natural gas definition is oil production.

Examples of Oil and gas production in a sentence

• Oil and gas production facility as used in this subpart means any grouping of equipment where hydrocarbon liquids are processed, upgraded (i.e., remove impurities or other constituents to meet contract specifications), or stored prior to the point of custody transfer; or where natural gas is processed, upgraded, or stored prior to entering the natural gas transmission and storage source category.

• Oil and gas production facility as used in this subpart means any grouping of equipment where hydrocarbon liquids are processed, upgraded ( i.e., remove impurities or other constituents to meet contract specifications), or stored prior to the point of custody transfer; or where natural gas is processed, upgraded, or stored prior to entering the natural gas transmission and storage source category.

• Oil and gas production from the Byron operated SM71 F platform began on 23 March 2018 from three wells, F1, F2 and F3.

• Oil and gas production consists of fracturing (frac job), perforating, squeeze cement, workover, acidizing, logging, drilling deeper, plug back, completion, plug and abandon, pulling or resetting casing liner, installing a casing liner, drilling out a plug, putting on artificial lift (new installation), running a bottom hole bomb, swabbing, jetting, gravel packing and hot oil treatment of formation.

• Oil and gas production assets are aggregated exploration and evaluation tangible assets, and development expenditures associated with the production of proved reserves.

• Oil and gas production assets comprise exploration and evaluation tangible assets as well as development costs associated with the production of proved reserves.(All amounts are in 000 RSD, unless otherwise stated)2.

• Oil and gas production damage mitigation account-statutory ap- propriation.

• Oil and gas production from the Coastal Plain, as contemplated by the Leasing Program, will contribute to greenhouse gas emissions that cause climate change.

• Oil and gas production is defined as one of the vital functions in the Dutch society.

• Oil and gas production properties are depreciated on units of production basis at a rate calculated by reference to total proved developed and undeveloped reserves determined in accordance with Society of Petroleum Engineers rules and incorporating the estimated future cost of developing those reserves.