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TeachMeFinance.com - explain Operator, oil and-or gas well Operator, oil and-or gas well The term 'Operator, oil and-or gas well' as it applies to the area of energy can be defined as ' The person responsible for the management and day-to-day operation of one or more crude oil and/or natural gas wells as of December 31 of the report year.The operator is generally a working-interest owner or a company under contract to the working-interest owner(s). Wells included are those that have proved reserves of crude oil, natural gas, and/or lease condensate in the reservoirs associated with them, whether or not they are producing. Wells abandoned during the report year are also to be considered 'operated' as of December 31'. Previous 5 Terms: Operational waste Operations and maintenance (O and M) Operations and maintenance costs operator service provider (osp) Operator, gas plant Next 5 Terms: Operon ophic ophidian ophidiophobia ophiology 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.