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TeachMeFinance.com - explain Lease separation facility Lease separation facility The term 'Lease separation facility' as it applies to the area of energy can be defined as ' A facility installed at the surface for the purpose of (a) separating gases from produced crude oil and water at the temperature and pressure conditions set by the separator and/or (b) separating gases from that portion of the produced natural gas stream that liquefies at the temperature and pressure conditions set by the separator'. Previous 5 Terms: Lease condensate Lease equipment Lease fuel Lease of power privilege Lease operations Next 5 Terms: Lease separator Leasehold reserves least common multiple (LCM) lechwe ledge About the author 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". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.