Home > Terms > English, UK (UE) > Operator, oil and/or gas well

Operator, oil and/or gas well

The person responsible for the management and day-to-day operation of one or more crude oil and/or natural gas wells as of December 31 of the report year.The operator is generally a working-interest owner or a company under contract to the working-interest owner(s). Wells included are those that have proved reserves of crude oil, natural gas, and/or lease condensate in the reservoirs associated with them, whether or not they are producing. Wells abandoned during the report year are also to be considered "operated" as of December 31

This is auto-generated content. You can help to improve it.
0
Collect to Blossary

Member comments

You have to log in to post to discussions.

Terms in the News

Featured Terms

Harry8L
  • 0

    Terms

  • 0

    Blossaries

  • 1

    Followers

Industry/Domain: Holiday Category: Festivals

Dragon Boat Festival

Celebrated in China, as well as other Southeast Asian countries, Dragon Boat Festival is on the fifth day of the fifth month of the lunar calendar. On ...

Contributor

Featured blossaries

10 Classic Cocktails You Must Try

Category: Education   1 10 Terms

Knitting Pattern Abbreviations

Category: Arts   2 20 Terms