associated gas

associated gas definition - finance
Natural gas that is present in a crude oil reservoir, either separate from the oil or mixed in with it. Associated gas may increase the value of the crude oil if the cost involved in extracting the gas doesnÂ’t exceed its value.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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