TeachMeFinance.com - explain Lease separator
Lease separator The term 'Lease separator' as it applies to the area of energy can be defined as ' A facility installed at the surface for the purpose of separating the full well stream volume into two or three parts at the temperature and pressure conditions set by the separator. For oil wells, these parts include produced crude oil, natural gas, and water. For gas wells, these parts include produced natural gas, lease condensate, and water'.
About the author
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.