Area of dedication, which means the acreage dedicated to a company by an oil and/or natural gas producer under one or more contracts.

Accounting Standards Codification.

One barrel of petroleum products equal to 42 U.S. gallons.

A quantity of natural gas held within the confines of the natural gas storage facility and used for pressure support and to maintain a minimum facility pressure. May consist of injected base gas or native base gas. Also known as cushion gas.

A large depression on the earth’s surface in which sediments accumulate.

One stock tank barrel, or 42 U.S. gallons liquid volume, used in reference to oil or other liquid hydrocarbons.

One billion cubic feet of natural gas equivalent.

One barrel of oil equivalent, calculated by converting natural gas to oil equivalent barrels at a ratio of six Mcf of natural gas to one Bbl of oil.

One barrel of oil equivalent, calculated by converting natural gas to oil equivalent barrels at a ratio of six Mcf of natural gas to one Bbl of oil.

The number of acres which are allocated or assignable to producing wells or wells capable of production.