| definition |
- Pertains to the production and processing of natural gas and oil from reservoirs. Production is the yield of an oil or gas well; the branch of the industry that brings the oil and gas to the surface for sale. The phase of the petroleum industry that deals with bringing the well fluids to the surface and separating them and with storing, gauging, and otherwise preparing the product for pipeline. It also pertains to the amount of oil or gas produced in a given period.
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