Crude Oil Definition Petroleum 
Producer's Edge
JANUARY 6, 2025
2022), the Texas Supreme Court held that PGP is an “oil product” qualifying for statutory condemnation authority under section 2.105 of the Business Organizations Code because it is derived from crude oil. The court also cited to several definitions under Tex. HSC Pipeline P’ship, LLC, 650 S.W.3d
Oil & Gas 360º
MARCH 10, 2025
The combined company will be the largest Alberta Montney and Duvernay landholder, a prominent light oil producer in Saskatchewan and will leverage the combined asset base and technical expertise to drive improved profitability and superior returns to shareholders. Crude oil therefore refers to light oil, medium oil, tight oil and condensate.
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