Oil and gas terminology dictionary
Acreage: an area covered by a lease granted for oil and gas exploration. Actuals: physical cash commodities, as opposed to futures commodities. Additive: a Natural gas produced with crude oil from the same reservoir. Annex B Operator's development plan for an offshore installation. It requires government approval 9 Nov 2019 Glossary. As the voice of the upstream oil and natural gas industry in Canada, we provide a comprehensive glossary of industry terms. Barrel of oil equivalent (BOE) is mainly used to convert a cubic volume of natural gas (i.e., cubic feet) into a cubic volume (i.e., a barrel) of crude oil. Channel Glossary. A glossary of keywords, acronyms and general terminology used in day-to-day professional work, compiled by Oil & Gas IQ. If you would like Using our oil and gas glossary, learn the definitions of industry terms such as acidizing, blowout preventer, hydraulic fracturing, and many more. Barron's Dictionary of Finance & Investment Terms, CFTC Glossary, Energy Information Administration, IMF Terminology Database, Merriam-Webster Dictionary;
Canadian Standards Association (CSA) Code - The standard Z662 for Oil and Gas Pipeline Systems. This standard covers the design, construction, operation
A Note to Glossary Readers. Unconventional oil and gas development is not an easy subject for productive conversation. It demands the use of technical A selection of Oil dictionaries, glossaries and terminologies compiled by Lexicool . In addition to its normal scientific meaning, a mixture mainly of butanes that ordinarily may contain some propane or pentanes plus (Oil and Gas Conservation Use the search bar to look for terms in all glossaries, dictionaries, articles and other resources simultaneously. A two-way glossary including gas-, oil-, pipeline- ,
n: a trade association and standards organization that represents the interests of the oil and gas industry. It offers publications regarding standards, recommended practices, and other industry related information.
): an alkane that is a gas at atmospheric pressure and room temperature, but which can be liquefied by pressure for handling and use. Butane occurs naturally in crude oil and natural gas and is the product of a variety of refinery processes. Its primary uses are for blending into gasoline, for residential and commercial heating and for industrial uses. Oil & Gas Terms of The Day. Advertisement. Makeup cathead . A device that is attached to the shaft of the drawworks and used as a power source for screwing together joints of pipe. It is usually located on the driller’s side of the drawworks. Also called spinning cathead. See cathead. an oil and gas lease, free of some or all costs, which are borne or carried by the remainder of the working interest owners. A common arrangement in drilling ventures is that the promoter is carried to the casing point for 1/4 of the working interest; i.e., the investors will pay 100% of the drilling costs for 75% of the working interest. For oil wells, these parts include produced crude oil, natural gas, and water. For gas wells, these parts include produced natural gas, lease condensate, and water. Liquefied natural gas (LNG): Natural gas (primarily methane) that has been liquefied by reducing its temperature to -260 degrees Fahrenheit at atmospheric pressure.
Oil and gas glossary for the active accredited investors looking at oil and gas investment meanings of words used in the oil and gas industry.
An introduction to oil and gas production, transport the reader an overview of the entire oil and gas industry, while still 11 Glossary of terms and acronyms . Canadian Standards Association (CSA) Code - The standard Z662 for Oil and Gas Pipeline Systems. This standard covers the design, construction, operation The Schlumberger Oilfield Glossary has received Awards of Excellence from the Business Marketing Association and the Society for Technical Communication. Launched in 1998, the Oilfield Glossary, which includes more than 4600 entries, continues to expand and improve. n: a trade association and standards organization that represents the interests of the oil and gas industry. It offers publications regarding standards, recommended practices, and other industry related information. A glossary of keywords, acronyms and general terminology used in day-to-day professional work, compiled by Oil & Gas IQ. If you would like to add to, edit or comment on this page, please drop us a line at CustomerserviceoilandgasIQ.com@iqpc.com External links. Network International Glossary July-11; Oil Field Acronyms and Abbreviations July-11; Oil Gas Technical Terms Glossary July-11; Schlumberger Oilfield Glossary July-11; Oil Drum Acronyms July-11; Oiltrashgear Oilfield Acronyms & Terminology November-15; OCIMF Acronyms Oct-11; SPWLA Petrophysical Curve Names and Mnemonics Oct-11; American Royalty Council Glossary Nov-11
Define Oil gas. Oil gas synonyms, Oil gas pronunciation, Oil gas translation, English dictionary definition of Oil gas. inflammable gas procured from oil, and used
Use the search bar to look for terms in all glossaries, dictionaries, articles and other resources simultaneously. A two-way glossary including gas-, oil-, pipeline- , Oil and Gas Terminology. Oil and Gas Glossary. Abandon. (1) Cleaning up and abandoning an inoperative well site in compliance with the applicable 14 Mar 2019 Production ships are covered by this definition if they are intended to be permanently placed on the field. Flaring: Controlled burning of gas for Know the Oil and Gas lingo? No problem! The US Mineral Exchange online glossary and education center were created to help mineral owners. American Gas Association (AGA). American Gas American Petroleum Institute ( API). American Petroleum Association of Oil Pipelines (AOPL). From the web 9 Sep 2019 Fossil fuel is a generic term for non-renewable energy sources such as coal, coal products, natural gas, derived gas, crude oil, petroleum 21 Oct 2015 Glossary:Hook up. Hook-up refers to a phase in the final construction activities of oil and gas production and processing facilities, whether
an oil and gas lease, free of some or all costs, which are borne or carried by the remainder of the working interest owners. A common arrangement in drilling ventures is that the promoter is carried to the casing point for 1/4 of the working interest; i.e., the investors will pay 100% of the drilling costs for 75% of the working interest. For oil wells, these parts include produced crude oil, natural gas, and water. For gas wells, these parts include produced natural gas, lease condensate, and water. Liquefied natural gas (LNG): Natural gas (primarily methane) that has been liquefied by reducing its temperature to -260 degrees Fahrenheit at atmospheric pressure. Rock formed from clay. Shale is frequently a “tight” type of rock, having small or widely spaced pores that trap oil or natural gas. Solution Gas Natural gas that is found with crude oil in underground reservoirs. When the oil comes to the surface, the gas expands and comes out of the solution. Sour Gas n: a survey that uses a radioactive tracer such as a gas, liquid, or solid having a high gamma ray emission. When the material is injected into any portion of the wellbore, the point of placement or movement can be recorded by a gamma ray instrument. A contract with a crude oil or natural gas purchaser directing the payments of oil and gas revenues to the working, royalty and mineral interest owners of a well.