Shut-in (oil drilling)

In the petroleum industry, shutting-in is the implementation of a production cap set lower than the available output of a specific site.[1] This may be part of an attempt to constrict the oil supply[2] or a necessary precaution when crews are evacuated ahead of a natural disaster.[3]

References

  1. ↑ Staff Writer (2004-09-24). "Dictionary definition of "shut in"". Double-Tongued Dictionary. Retrieved 2008-08-19.
  2. ↑ Kennedy, Thomas (1978-03-01). Oil supply held precarious, gas reserves just adequate (Speech). Retrieved 2008-08-19.
  3. ↑ Susan Weaver (2005-08-30). "Hurricane Katrina Evacuation and Production Shut-in Statistics Report as of Tuesday, August 30, 2005". U.S. Department of the Interior. Retrieved 2008-08-19.
This article is issued from Wikipedia - version of the 7/13/2015. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.