Prorated well
Term · Oil and gas · MLC-T-OAG-002979
A well whose production rate is limited by regulatory agencies or field operators to prevent overproduction, conserve reservoir energy, or maintain stable market prices. Proration schedules are often based on factors such as reservoir size, well spacing, and market demand. This practice is common in mature oil and gas producing regions.
| Identifier | MLC-T-OAG-002979 |
|---|---|
| Field | Oil and gas |
| Subject | Well Testing |
Record as JSON
{
"id": "MLC-T-OAG-002979",
"term": "Prorated well",
"field": "Oil and gas",
"definition": "A well whose production rate is limited by regulatory agencies or field operators to prevent overproduction, conserve reservoir energy, or maintain stable market prices. Proration schedules are often based on factors such as reservoir size, well spacing, and market demand. This practice is common in mature oil and gas producing regions.",
"subject": "Well Testing",
"url": "https://mlchart.com/terminology/oil-and-gas/prorated-well/"
}
Record 3,171 of 4,469 in Oil and gas terminology (MLC-0103). Request the full dataset.