Early Production System definition
Early Production System temporary facility with limited capacity, aiming at the early Production and obtaining of data and information for better characterization of the Reservoir, for purposes of adequacy of the Development Plan. End of Drilling: moment in which the final depth of the well is reached, with no expectations of further progress.
Early Production System temporary facility with limited capacity aimed at the early Production and the obtaining of data and information for better characterization of the Reservoir, for purposes of adjusting the Development Plan.
Early Production System temporary installation with limited capacity, aimed at anticipating Production and obtaining data and information to better characterize the Reservoir, for the purposes of adjusting the Development Plan.
Examples of Early Production System in a sentence
The Company also reduced its unaudited estimate of recovery from the two existing Lancaster Early Production System ▇▇▇▇▇ from 37.3MMbbls to 16.0 MMbbls and estimated its remaining 2P reserves at the Lancaster Area at 9.4MMbbls.
Production and movements arising from Extended Well Tests and Early Production System must be reported through the monthly Production bulletin.