释义 |
lease automatic custody transfer
lease automatic custody transfer[′lēs ¦ȯd·ə¦mad·ik ′kəs·tə·dē ‚trans·fər] (petroleum engineering) Automatic unattended system to receive and record oil produced from a drilling lease, then to transfer the contents to a pipeline. Abbreviated LACT. AcronymsSeeLACT |