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The area over which a company has hydrocarbon exploration interest. Acreage is also the plural form of acre which is a land unit of measurement in the US. An acre is equal to 43,560 square feet or 4,046.86 square meters. Acres is the measurement used in Oil and Gas leases to determine payment of lease bonus and royalties to the landowner (Lessor).

A body of permeable rock that can contain or transmit groundwater.

Often referred to as CBM, is methane stored within coal by a process called adsorption. The methane is in a near-liquid state, lining the inside of pores within the coal. To extract the gas, a steel-encased hole is drilled into the coal seam reducing the pressure within the coal seam causing both gas and ‘produced water’ escape to the surface throu [..]

The procedure by which a successful well is readied for production.

A low-density mixture of hydrocarbon liquids that are present as gaseous components in raw natural gas.

Any area where natural gas or oil can be drilled and extracted vertically.

A technique that enables drilling at an angle to reach a particular underground formation.

Natural gas not containing any liquid components.

The controlled and safe burning of gas which cannot be used for commercial or technical reasons.