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production
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The phase that occurs after successful exploration and development and during which hydrocarbons are drained from an oil or gas field.
See: appraisal, development, exploration, licensing round, retrograde condensation, scout, scout ticket, subsalt, time-lapse seismic data, underpressure, virgin pressure
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A measure of the efficiency of seismic acquisition. Production can be expressed in terms of the number of lines, shots or lengths (km or miles) of data acquired in a given time.
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