Definition(s)


Allowable Production

“Allowable production” means that number of barrels of oil or cubic feet of natural gas authorized to be produced from the respective proration units in an allocated pool.

Source: Oil and gas Conservation, North Dakota Administrative Code, Chapter 43-02-03, April 2012. Regulations

 

Allowable Production

“Allowable production” means that number of barrels of oil or cubic feet of gas the division authorizes to be produced from an allocated pool.

Source: Oil and Gas, New Mexico Administrative Code Title 19, Chapter 15, January 2013. Regulations

 

 

Comments are closed.