TERMIUM Plus®

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

UNDERLIFTER [1 record]

Record 1 1988-06-17

English

Subject field(s)
  • Oil Production
CONT

... providing an outlet for Socal's share of Arabian crude acquired from Aramco to improve Socal's position as an underlifter. Socal, as a 30% shareholder in Arabian American oil (Company "Aramco"), has not been honouring its undertaking to purchase its specified percentage of crude oil.

OBS

Natural gas overlift and underlift represent gas lifted and sold by a company above or below its working interest share in properties.

French

Domaine(s)
  • Production pétrolière
OBS

«overlift» : Tonnage de brut enlevé en dépassement du total de ses droits (dans le cadre d'un accord de participation).

Spanish

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