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Title: Basic Elements Of Field Proration
Author: D. H. Rainey
Source: 1966 Southwestern Gas Measurement Short Course (Now called ISHM)
Year Published: 1966
Abstract: With the increasing emphasis that all companies are placing on earnings and efficient operation, as well as the increasing importance of natural gas as a source of energy and income, it is apparent that all of us in the oil and gas industry must become more familiar with the philosophy and practices of gas proration as well as the specific mechanics of the calculations included in gas proration. Proration, itself, may simply be defined as the allocation between wells in a common reservoir of a proportionate share of current or future market demand when the market from a particular field is less than the capacity of the wells to produce. Stated more simply, proration is the allocation of allowables to permit each well to produce its share of the market.