Article: Glossary.(natural gas industry terminology)(Glossary)

Aquifer Storage Field: A sub-surface facility for storing natural gas, consisting of water-bearing sands topped by an impermeable cap rock.

Balancing Item: Represents the difference between the sum of the components of natural gas supply and the sum of the components of natural gas disposition. These differences may be due to quantities lost or to the effects of data reporting problems. Reporting problems include differences due to the net result of conversions of flow data metered at varying temperature and pressure bases and converted to a standard temperature and pressure base; the effect of variations in company accounting and billing practices; differences ...

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