MLchartDataset catalogue

Commercial rate

Term · Oil and gas · MLC-T-OAG-000760

The minimum sustained production rate of oil or gas from a well or field that is considered economically viable to justify continued operation and investment. This rate is determined by factors such as operating costs, commodity prices, and capital expenditures. It varies significantly depending on the specific project and market conditions.

Table 1. Record
IdentifierMLC-T-OAG-000760
FieldOil and gas
SubjectWell Testing
Record as JSON 
{
  "id": "MLC-T-OAG-000760",
  "term": "Commercial rate",
  "field": "Oil and gas",
  "definition": "The minimum sustained production rate of oil or gas from a well or field that is considered economically viable to justify continued operation and investment. This rate is determined by factors such as operating costs, commodity prices, and capital expenditures. It varies significantly depending on the specific project and market conditions.",
  "subject": "Well Testing",
  "url": "https://mlchart.com/terminology/oil-and-gas/commercial-rate/"
}

Record 818 of 4,469 in Oil and gas terminology (MLC-0103). Request the full dataset.