Definition(s)


Gas-Oil Ratio Adjustment

“Gas-oil ratio adjustment” means the reduction in allowable of a high gas-oil ratio proration unit to conform with the production permitted by the limiting gas-oil ratio for the particular pool during a particular proration period.

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

 

Gas-Oil Ratio Adjustment

“Gas-oil ratio adjustment” means the reduction in allowable of a high gas oil ratio unit to conform with the production permitted by the limiting gas-oil ratio for the particular pool during a particular proration period.

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

 

Comments are closed.