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1. n. []

The phase that occurs after successful exploration and development and during which hydrocarbons are drained from an oil or gas field.

See: appraisaldevelopmentexplorationlicensing roundretrograde condensationscoutscout ticketsubsalttime-lapse seismic dataunderpressurevirgin pressure

2. n. []

A measure of the efficiency of seismic acquisition. Production can be expressed in terms of the number of lines, shots or lengths (km or miles) of data acquired in a given time.