Author: bomuo

A production technique in which an air balance beam pumping unit is used to lift oil to the surface

A rotary drilling technique in which compressed air is used instead of fluids to circulate, or bring to the surface, bits of rock and other cuttings from the drill bit

An independent corporation that buys natural gas from many producers, re-sells it to buyers, and obtains the necessary pipeline transportation capacity and removal/export permits and licenses. Aggregators usually sell to buyers that individually require large amounts of natural gas, such as local distribution companies and large industrial customers. (2) Any entity, such as a marketer, broker, public agency city, county or special district that combines the loads of multiple end use customers in negotiating the purchase of electricity, the transmission of electricity and other related services to these customers

Petroleum quantities classified as Reserves, Contingent Resources or Prospective Resources should not be aggregated with each other without due consideration of the significant differences in the criteria associated with their classification. In particular, there may be a significant risk that accumulations containing Contingent Resources or Prospective Resources will not achieve commercial production

The process by which several smaller gas customers are grouped together under a supplier to meet the minimum consumption requirement