Home > Term: straddle point
straddle point
A gas plant constructed near a transmission company pipeline downstream from the fields where the gas is produced, also referred to as "on-line" plants. The gas is sold at the lease/field to the transmission company. The producer and/or plant owner(s) retain processing rights and reimburse the transmission company for the plant thermal reduction (PTR) either in cash or in additional gas deliveries.
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Penulis
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