Overliftings

silgentili

Member
argentina
Hello everybody; IU have to translate a text about oil wells and there appeares the word "overliftings" in the following context

"On January 29, 1979, notice was given me about Audit Claim No. 1139 against my principal by your institution in the amount of US$ 16,733,558.39 for alleged overliftings of crude owned by the XXXXX State Petroleum Corporation, XXXX."


Thanks for your help

S G
 
  • Dimcl

    Senior Member
    Canadian English
    Hello everybody; IU have to translate a text about oil wells and there appeares the word "overliftings" in the following context

    "On January 29, 1979, notice was given me about Audit Claim No. 1139 against my principal by your institution in the amount of US$ 16,733,558.39 for alleged overliftings of crude owned by the XXXXX State Petroleum Corporation, XXXX."


    Thanks for your help

    S G

    Although I don't know the word, I would suspect that it probably refers to removing more crude oil than permitted by quota. Just a hunch on my part due to the levying of what appears to be a fine.
     
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