TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

ALLOWABLE PRODUCTION [1 record]

Filter results by subject field Alphabetical list of terms

Filter results by subject field

Alphabetical list of terms

Record 1 2003-08-26

English

Subject field(s)
  • Oil Production
DEF

The amount of oil or gas a well or leasehold is permitted to produce under proration orders of a state regulatory body.

CONT

Prorationing involves allowables which are assigned to fields, and from fields to lease, and then allocated to individual wells.

OBS

Under a lease allowable, the lease is considered a producing unit. In some instances if a lease has eight wells, for example, and one of the eight is unable to make its production for some reason the other seven wells can increase their flow to make up the loss of the ailing well.

PHR

Allowable oil production, gas production.

French

Domaine(s)
  • Production pétrolière
DEF

Contingent fixé pour limiter la production pétrolière d'un puits, d'un gisement, d'un État.

Spanish

Campo(s) temático(s)
  • Producción petrolera
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