TERMIUM Plus®

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CONTINGENT PRODUCTION [2 records]

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
Save record 1

Record 2 1998-07-21

English

Subject field(s)
  • Production Management
  • Work and Production
CONT

... farmers are to vote to limit their production quotas severely ...

French

Domaine(s)
  • Gestion de la production
  • Travail et production

Spanish

Campo(s) temático(s)
  • Gestión de la producción
  • Trabajo y producción
DEF

Autorización que el gobierno otorga para producir una cierta cantidad de unidades de producción industrial, con el fin de proteger ya sea el mercado popular o bien alentar la libre competencia.

Save record 2

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