- 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.
A well drilled in order to obtain production of gas or oil known to exist.
Industry:Energy
Costs incurred in acquiring capital assets. Capital costs are capitalized and recovered through yearly charges for depreciation and amortization rather than being expensed and recovered in the year incurred.
Industry:Energy
Method for financing projects where a company solicits money by pledging its expected revenues to cover the debt.
Industry:Energy
The one day (24 hours) of maximum system deliveries of gas during a year. Peak day data is used to, among other things, determine the allocation of certain costs between classes of service. The Commission sometimes required allocation based on an average of three continuous days of maximum deliveries (i.e., three day peak). See also DESIGN DAY.
Industry:Energy
The volumes of proven reserves of crude oil, natural gas, or natural gas liquids discovered in new fields during the current or report year.
Industry:Energy
A boiler furnishing hot water at pressures in excess of 160 pounds per square inch (psi) and at temperatures in excess of 250oF (121oC) or steam at pressures in excess of 15 psi.
Industry:Energy
A graph made by plotting data in order of magnitude against time intervals for a specified period. The ordinate may be an absolute quantity or percentage.
Industry:Energy
A provision in a contract that provides for the automatic extension of the contract for specified periods beyond the primary term unless either party specifically elects to terminate the contract by giving the required notice prior to the anniversary date.
Industry:Energy
An accumulation of partially decayed vegetable matter. It is geologically less mature than lignite or coal and has a lower density since it has not been subjected to elevated temperatures and pressures. Btu content per unit volume is substantially less than for coal.
Industry:Energy
