In the petroleum industry, shutting-in is the implementation of a production cap set lower than the available output of a specific site.[1] This may be part of an attempt to constrict the oil supply[2] or a necessary precaution when crews are evacuated ahead of a natural disaster.[3]
References[edit]
- ^ Staff Writer (2004-09-24). "Dictionary definition of "shut in"". Double-Tongued Dictionary. Retrieved 2008-08-19.
- ^ Kennedy, Thomas (1978-03-01). Oil supply held precarious, gas reserves just adequate (Speech). Retrieved 2008-08-19.
- ^ Susan Weaver (2005-08-30). "Hurricane Katrina Evacuation and Production Shut-in Statistics Report as of Tuesday, August 30, 2005". U.S. Department of the Interior. Retrieved 2008-08-19.