Allowable production definition
Allowable production means that number of barrels of oil or cubic feet of natural gas authorized to be produced from the respective proration units in an allocated pool.
Allowable production means that number of barrels of oil or cubic feet of gas the division authorizes to be produced from an allocated pool.
Allowable production means that number of barrels of oil or cubic feet of gas the division authorizes to be produced from an allocated pool. (11)(12) “APD” means application for permit to drill.