Oil and gas operations definition

Oil and gas operations means to explore for, develop, or produce oil and gas.
Oil and gas operations means the surface disturbing activities associated with drilling, producing and transporting oil and gas, including the full range of development activity from exploration through production and reclamation of the disturbed surface;
Oil and gas operations means exploration for oil and gas, including the conduct of seismic operations and the drilling of test bores; the siting, drilling, deepening, recompletion, reworking, or abandonment of an oil and gas well, underground injection well, or gas storage well; production operations related to any such well including the installation of flow lines and gathering systems; the generation, transportation, storage, treatment, or disposal of exploration and production wastes; and any construction, site preparation, or reclamation activities associated with such operations.

Examples of Oil and gas operations in a sentence

  • Full Cost Method of Accounting for Oil and Gas Operations – Under US GAAP, depreciation for oil and gas operations is calculated based on proved reserves and country by country cost centres.

  • For further information with respect to oil and gas operations please contact Jim O’Byrne, Manager, Oil and Gas Operations, in the Calgary office at (403) 237-6211.

  • Xxxxxxx, its Executive Vice President - Oil and Gas Operations, Jxxxx X.

  • As of the earlier of the Combined Closing Date and the MMR Closing Date, the following shall be included on this Schedule 1.01A: Oil and Gas Operations.

  • We also have issued our report dated January 15, 1996 accompanying the financial statements of Stone & Webster Oil and Gas Operations appearing in Registrant's Form 8-K/A dated December 20, 1995 which is incorporated by reference in this Registration Statement.


More Definitions of Oil and gas operations

Oil and gas operations or "activities" shall mean the exploration for or drilling of an oil and gas well that requires entry upon surface estate and the production operations directly related to the exploration or drilling.
Oil and gas operations means the exploration for or drilling of an oil and gas well that requires entry upon the surface estate and is begun subsequent to June 1, 1981, and the production operations directly related to the exploration or drilling.
Oil and gas operations means the exploration for or drilling of an oil and gas well that requires
Oil and gas operations means exploration for oil and
Oil and gas operations means all operations and activities which are a regular part of oil and gas exploration, drilling, production, preliminary processing, and transportation (except retail distribution of natural gas pursuant to franchise agreement with the city).
Oil and gas operations means all Exploration, Appraisal, Development, Production and Abandonment activities, as well as those related to gathering, treatment and storage of produced Oil and Gas, carried out by the Operator in or in relation to the Contract Area according to the Contract and the License. ”Oil and Gas Reservoir” means a natural accumulation of substantial quantities of Oil and Gas in the subsoil.