- Industry: Energy
- Number of terms: 18218
- Number of blossaries: 1
- Company Profile:
The American Gas Association represents local energy companies that deliver natural gas throughout the United States.
The amount paid to the owner of mineral-rights as payment for minerals removed. In gas and oil operations, the royalty is usually based on a percentage of the total gas or oil production.
Industry:Energy
The pipeline receiving natural gas at a pipeline inter-connect point.
Industry:Energy
Those costs incurred by combination utilities which are not directly or solely identified with a specific department (e.g., gas and electric), and which are normally allocated to each department on the basis of some reasonable and factual relationship. Compare COSTS, JOINT.
Industry:Energy
A full-opening valve controlled by a vertical movement of a single or pair of solid discs perpendicular to the direction of flow. There are several other types such as wedge, slab, expanding gate, etc.
Industry:Energy
A pool in which the total oil or natural gas production is restricted and allocated to various wells therein in accordance with proration schedules.
Industry:Energy
Accounts carried on the liability side of the balance sheet in which are recorded items being amortized as credits to income over a period of time (such as Unamortized Premium on Debt) and items held in suspense pending final transfer or disposition (such as Customer Advances for Construction, etc.)
Industry:Energy
Device in which the rate of gas flow controls the operation of a pressure governor or regulator.
Industry:Energy
A functional classification relating to that portion of utility plant used for the purpose of producing gas; or to expenses relating to the operation or maintenance of production plant.
Industry:Energy
A porous, permeable formation containing natural gas under pressure. Compare STORAGE, UNDERGROUND.
Industry:Energy
Accounts used for the accumulation of expenses which cannot be equitably distributed at the time of the charge. These accounts are cleared by distribution to other accounts on the basis of past experience, benefits received, or on some other reasonable basis.
Industry:Energy
