Reservoir & Subsurface

MLE meaning in oil and gas

Definition

Maximum lifting entitlement

MLE means Maximum lifting entitlement. Refers to the volumes of hydrocarbons different partners in a field are entitled to lift over the coming year, based on how much all the partners have already produced.

Refers to the volumes of hydrocarbons different partners in a field are entitled to lift over the coming year, based on how much all the partners have already produced.

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