Petroleum Deposit

An accumulation of petroleum in a geological unit, limited by rock characteristics by structural or stratigraphic boundaries, contact surface between petroleum and water in the formation, or a combination of these, so that all the petroleum comprised everywhere is in pressure communication through liquid or gas. In cases of doubt, the Ministry will determine what shall be regarded as a petroleum deposit.

Source: Act 29 November 1996 No. 72 Relating to Petroleum Activities, Norway, amended June 2011. Legislation


Petroleum Deposit

“Petroleum deposit” means any accumulation of petroleum on or below the surface of the earth.

Source: The Petroleum and Natural Gas Rules, 1959 (As amended from time to time), India, as amended as of May 2013. Regulations

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