Author: bomuo

Policy according to which countries attempt to decrease their dependence on importing fuels from non friendly even hostile countries. This is partially achieved by attempting to increase indigenous reserves, enforcing energy conservation policies, striving to increase diversity of energy suppliers and supplies and other means.

Removing a piece of equipment from action (such as removing all the infrastructure after its has passed its life span for instance removing wells from the sea-floor after a field has been depleted). It is the preferred term (rather than Abandonment) for the re-use, recycling and disposal of redundant oil and gas facilities. In nuclear power it is also the removal of a facility (e.g. reactor) from service, also the subsequent actions of safe storage, dismantling and making the site available for unrestricted use

In a gas sales contract, after the end of the plateau period, a depletion contract will enter the decline period. At this time the DCQ will be reset each year according to the production capacity remaining in the field

Vessel in a gas processing plant that extracts butane from rich natural gas. See depropanizer