Production, natural gas liquids
- Production, natural gas liquids
Production of natural gas liquids is classified as follows:
• Contract Production. Natural gas liquids accruing to a company because of its ownership of liquids extraction facilities that it uses to extract liquids from gas belonging to others, thereby earning a portion of the resultant liquids.
• Leasehold Production. Natural gas liquids produced, extracted, and credited to a company's interest.
• Contract Reserves. Natural gas liquid reserves corresponding to the contract production defined above.
• Leasehold Reserves. Natural gas liquid reserves corresponding to leasehold production defined above.
U.S. Dept. of Energy, Energy Information Administration's Energy Glossary
Energy terms .
2014.
Look at other dictionaries:
Natural gas liquids production — The volume of natural gas liquids removed from natural gas in lease separators, field facilities, gas processing plants, or cycling plants during the report year. U.S. Dept. of Energy, Energy Information Administration s Energy Glossary … Energy terms
Production, natural gas, dry — The volume of natural gas withdrawn from reservoirs during the report year less: • the volume returned to such reservoirs in cycling, repressuring of oil reservoirs, and conservation operations; less • shrinkage resulting from the removal… … Energy terms
History of the petroleum industry in Canada (natural gas liquids) — Canada s natural gas liquids industry dates back to the discovery of wet natural gas at Turner Valley, Alberta in 1914. The gas was less important than the natural gasoline skunk gas it was called, because of its distinctive odour that early… … Wikipedia
Natural-gas processing — is a complex industrial process designed to clean raw natural gas by separating impurities and various non methane hydrocarbons and fluids to produce what is known as pipeline quality dry natural gas.[1] Contents 1 Background 2 Types of raw… … Wikipedia
Natural gas processing — plants, or fractionators, are used to purify the raw natural gas extracted from underground gas fields and brought up to the surface by gas wells. The processed natural gas, used as fuel by residential, commercial and industrial consumers, is… … Wikipedia
Natural gas in Qatar — According to Oil Gas Journal as of January 1, 2011, Qatar s proven natural gas reserves stood at approximately 896 trillion cubic feet (25.4 trillion cubic metres), that is almost 14% of all known natural gas reserves and the third largest… … Wikipedia
Natural gas — For other uses, see Natural gas (disambiguation). Natural gas extraction by countries in cubic meters per year. Natural gas is a naturally occurring gas mixture consisting primarily of methane, typically with 0–20% higher hydrocarbons[1] … Wikipedia
natural gas — a combustible mixture of gaseous hydrocarbons that accumulates in porous sedimentary rocks, esp. those yielding petroleum, consisting usually of over 80 percent methane together with minor amounts of ethane, propane, butane, nitrogen, and,… … Universalium
History of the petroleum industry in Canada (natural gas) — Natural gas has been used almost as long as crude oil in Canada, but its commercial development was not as rapid. This is because of special properties of this energy commodity: it is a gas, and it frequently contains impurities. The technical… … Wikipedia
Liquefied natural gas — Not to be confused with Natural Gas Liquids (NGL). Liquefied natural gas or LNG is natural gas (primarily methane, CH4) that has been converted to liquid form for ease of storage or transport. Liquefied natural gas takes up about 1/600th the… … Wikipedia
