shut in
n.— «No. 16 flowed 10,000 barrels, which went to waste, before it could be “shut in.”» —“In The Oil Fields” Los Angeles Times July 24, 1899. (source: Double-Tongued Dictionary)
shut in n.— «The most important deal ever consummated in the history of the oil business was brought to a head at a late hour last night.…The great shut-down movement was completed in every detail, and the shut-down or shut-in will...
shut in n. in the petroleum industry, a production cap set lower than the available output (of an oil producing site). Also attrib., v. (source: Double-Tongued Dictionary)
shut in n.— «About 300,000 barrels a day of wellhead capacity, representing about 70 per cent of Western Canada’s potential production, is shut in—a figure that is bound to increase later this year with the commissioning of the Fort...
shut in n.— «As it stormed into the Gulf with fierce winds, oil and gas producers moved workers from offshore rigs and platforms located throughout the central and eastern Gulf. This caused a hiatus in production, known as a “shut...
convenio n.— «On top of theconvenios, which function rather like long-term contracts with media bosses, there are thechayotes—one-time direct payments to reporters. Although much less common than 25 years ago, when reporters received cash...