- Industry: Energy
- Number of terms: 18450
- Number of blossaries: 0
- Company Profile:
The term refers to the installation of permanent equipment for the production of oil or gas. If a well is equipped to produce only oil or gas from one zone or reservoir, the definition of a "well" (classified as an oil well or gas well) and the definition of a "completion" are identical. However, if a well is equipped to produce oil and/or gas separately from more than one reservoir, a "well" is not synonymous with a "completion." (See Well.)
Industry:Energy
The date on which the installation of permanent equipment has been completed as reported to the appropriate regulatory agency. The date of completion of a dry hole is the date of abandonment as reported to the appropriate agency. The date of completion of a service well is the date on which the well is equipped to perform the service for which it was intended.
Industry:Energy
The separation of one electric utility function from others through the selling of the management and ownership of the assets related to that function. It is most commonly associated with selling generation assets so they are no longer owned or controlled by the shareholders that own the company's transmission and distribution assets.
Industry:Energy
A grade of coal or a blend of coal, that meets sulfur dioxide emission standards for air quality without the need for flue-gas desulfurization.
Industry:Energy
A generator that is owned by an electric utility, (see definition of electric utility) or a jointly owned generator with the greatest share of the generator being electric utility owned. Note: If two or more owners have equal shares of ownership in a generator, it is considered to be an electric utility generator if any one of the owners meets the definition of electric utility.
Industry:Energy
Natural gas which is comprised primarily of methane, compressed to a pressure at or above 2,400 pounds per square inch and stored in special high-pressure containers. It is used as a fuel for natural gas powered vehicles.
Industry:Energy
The introduction of competition into at least the generation phase of electricity production, with a corresponding decrease in regulatory control.
Industry:Energy
Any combination of facilities that supply the energy to move gas in transmission or distribution lines or into storage by increasing the pressure.
Industry:Energy
The electric utility sector consists of privately and publicly owned establishments that generate, transmit, distribute, or sell electricity primarily for use by the public and that meet the defintion of an electric utility.Non utility power producers are not included in the electric sector.
Industry:Energy
