Definition of Lease operations

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TeachMeFinance.com - explain Lease operations



Lease operations

The term 'Lease operations' as it applies to the area of energy can be defined as ' Any well, lease, or field operations related to the exploration for or production of natural gasprior to delivery for processing or transportation out of the field. Gasused in lease operations includes usage such as for drilling operations, heaters, dehydraters, field compressors, and net used for gas lift'.

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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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