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  P E T R O L E U M   I N D U S T R Y   G L O S S A R Y 

Z

Zone
An interval of a geological formation that contains one or more oil or gas reservoirs; a portion of a geological formation that has the porosity and permeability to form petroleum traps for oil and natural gas.

Zone of Cooperation
An area of the Timor Sea jointly administered by Australia and Indonesia.

 

 

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