- 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The liquid or other residual matter that is withdrawn from the bottom of a fractionator or other vessel during processing or while in storage; also, the heaviest product remaining in the liquid phase after distillation.
Industry:Energy
The term applies to the activities and compensation in arranging for the sale of gas between producers and buyers.
Industry:Energy
A device that indicates on a scale, chart, or tape the maximum volume metered during a predetermined period of time.
Industry:Energy
A method used to functionalize Administrative and General (A&G) costs. The "KN Method" initially classifies A&G costs as being related to either labor, gas plant, or other. The expenses classified as "other" are allocated to labor and plant on a pro rata basis. This pro rata basis is determined by the ratio of the total labor-related A&G costs and the total plant-related A&G costs to the total of both plant and labor-related A&G costs.
Industry:Energy
As used in the oil industry, usually refers to a nonintegrated producing company. The integrated company usually operates production, transportation, refining, and marketing facilities. Generally, the independent producer has operations only in the field of petroleum production.
Industry:Energy
Includes Transfers between functional utility plant groups, adjustments to utility plant to record its "Original Cost," direct credits to utility plant for depreciation, depletion, or amortization, and other charges or credits not properly classifiable as gross additions or retirements.
Industry:Energy
