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Production forecasting glossary
This glossary was creatged through discussions among members of the SPE Production Forecasting Global Integrated Workshop Series. Some definitions were not contested at all, others generated fierce discussions.
A
ACQ
Annual Contractual Quantity. The contract quantity is the contractually agreed volumes and limits: predefined (annual) volume of natural gas on contract level.
Availability
A factor applied to forecasts to take into account the fact that a Production System will not always operate at 100% of its capacity.
See also: IPSC and ABNR
References
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External links
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See also
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