The oil and gas industry has many unique terms and abbreviations. Henry hub is the new york mercantile exchanges official delivery point for its gas futures contracts. This includes the origins of the word petroleum and the definition. The composition of produced water also varies widely.
Absorption the soaking up of gas, liquids or dissolved substances into a solid material. Liquid, gaseous and solid hydrocarbons, including oil, natural gas, gas condensate, ethane, propane, butane and pentane. Additionally, this glossary may be a valuable resource for educating key stakeholders within the oil and gas, utilities and mining industries, including employees, customers, shareholders and. It increases directly with the density and the depth of the fluid and is expressed in pounds per square inch or kilopascals. Glossary 6 delay rental a payment from the lease holder to the lessor to maintain the lease from period to period during the primary term without drilling. Barrel a unit of volume measurement used for petroleum and its products 7.
Bld bailed refers to the practice of removing debris from the hole with a cylindrical container on a wireline. The way in which suppliers of electricity, natural gas, or fuel oil classify and bill their customers. They are used when a temporary packer is needed in a hole. Questions and answers shale gas glossary acquifer a single underground geological formation, or group of formations, containing water.
Examples are coal gases, coke oven gases, producer gas, blast furnace gas, blue water gas, carbureted water gas. Equal to the sum of a pressure gauge reading and atmospheric pressure 14. The ratio of produced water to oil varies from well to well and over the life of the well. Gas detectors, which the mud logger monitors, measure combustible gases methane, ethane, butane and others. Agas offers everything you need to know about refrigerants, industrial gases, halon, chemicals as well as technical advice. Bc oil and gas commission glossary and definitions version 1. See also delayrental clause, unless lease, or lease, and paidup lease. Cover of glossary of terms pdf icon download print version pdf download a full. A chronological history of ownership of a tract of land. Natural gas policy act of 1978 ngpa enacted in an era of concern over energy shortages and increasing reliance on oil imports, this federal law adopted a phasedin deregulation for new natural gas, or gas discovered after 1977 old gas was to remain regulated and incentive prices for certain types of natural gas to encourage. Associated gas natural gas produced with crude oil from the same reservoir. Our glossary of terms helps to explain all the technical words for gas and electricity supply, contracts and more.
For example, a petroleum engineer might find the book helpful on the meaning of the unless clause in an oil and gas lease. Delayrental clause an oil and gas lease clause giving the lessee the right to maintain the lease. To permanently plug a dry hole or well that no longer produces. Glossary of terms glossary of terms absolute pressure a quantity of pressure with respect to total vacuum. Unassociated gas natural gas occurring alone, not in solution or as free gas with oil or condensate. Iom installation, operation and maintenance manual.
Way, neb road rights of way, short term water use and changes in and. Any director, officer or general partner of the issuer. Sweet gas natural gas free of significant amounts of hydrogen sulfide h2s when produced. Shale output seen tumbling to 2018 low oil production from the top seven shale regions in the u. Glossary of terms municipal gas authority of georgia. Oil and gas well drilling and servicing etool glossary. Gas that rises to the surface, usually detected because it reduces the density of the drilling mud. It is important to understand these terms to understand the legal implications of contracts and other business. B barrel, commonly abbreviated to bbl a unit of volume measurement used for petroleum and its products around 7. This list is meant for indicative purposes only and should not be relied upon for anything but general information. List of abbreviations in oil and gas exploration and production. Oil gas terms in category h oilfield glossary oil and.
Gas leasing terminology a to z this is by no means a complete list of terms used. Manual of oil and gas terms is an easytouse softcover desk reference that defines the words and phrases most useful to lawyers, landmen, accountants, investors in oil and gas properties, students and others involved in the industry. Therefore, some firms within the industry may use definitions which vary somewhat from those contained herein. Glossary of terms, commonly used for natural gas projects. The wet gas enters the absorber at the bottom and rises to the top, encountering a stream of absorption oil a light oil traveling downward over bubblecap trays, valve trays, or sieve trays. A unit of volume measurement used for petroleum and. The light oil removes, or absorbs, the heavier liquid hydrocarbons from the wet gas. Converting a drilled well to a condition that can be left indefinitely without further attention and will not damage freshwater supplies, potential petroleum reservoirs or the environment. Oil and gas well drilling and servicing etool glossary of. List of abbreviations in oil and gas exploration and. As the voice of the upstream oil and natural gas industry in canada, we provide a comprehensive glossary of industry terms. Suppliers definitions of these terms vary from supplier to. In the petroleum industry, geologists perform a wide variety of functions, but typically generate prospects and interpret data such as maps, well logs, outcrops, cuttings, core samples and seismic data.
Oil and gas title examination basic terms by kraettli q. Increasing the flow of oil from a well by pumping hydrochloric acid into the well under high. The objective of this glossary is to provide our clients with a useful reference guide to the language of commodity trading and risk management. Glossary of terms, gas and electricity business juice. American petroleum institute, a petroleum industry association that sets standards. Terminology covering oil and g as interests for title purposes. It includes several terms for which there is no single, commonly accepted definition in the petroleum industry. The natural gas supplied by an ngl extractor to replace energy shrinkage for the benefit of shippers whose gas has been shrunk takeorpay contract a form of contract in which the payor is obligated to pay regardless of whether or not the payor uses the services, volumes or capacity available under the contract. Groundwater protection in oil and gas production 7. It was founded in 1997 by the oil and gas industry trade associations with the aim of reducing the uk offshore oil and gas industry injury rate by 50%. Oil and gas glossary and definitions bc oil and gas commission. Oil gas terms in category a oilfield glossary oil and gas. Land leased for oil and gas exploration andor land for which conocophillips owns the mineral rights.
Explore some of the fundamental concepts and terms as. Shale gas glossary acquifer a single underground geological formation, or group of formations, containing water. Natural gas associated with oil accumulations, which may be dissolved in the oil at reservoir conditions or may form a cap of free gas above the oil. The gel, or shear, strength of a drilling mud determines its ability to hold solids in suspension. The oil and gas activity application and operations manual detail application and. Terms common to oil and gas measurement terms common to pipelines acronyms regulations and legislation. This glossary and definitions is an additional resource to accompany the manuals, guidelines and forms in applying for a permit and adhering to the regulatory and reporting requirements during construction and operations. The oil and gas industry impacts organizations, individuals and societies. Glossary of oil and gas terms english to spanish quizlet. Heat a connection to loosen a collar or other threaded connection by striking it with a hammer.
The schlumberger oilfield glossary is an evergreen, instant reference that takes up no space on your bookshelf and offers many special features. Artificial lift sucker rodpumps nodding donkeys, gas lift, hydraulic pumps, and submersible electric pumps, used to aid the production of oil as reservoir pressure declines asphalt solid petroleum residue, similar to bitumen, tar and pitch associated gas natural gas which is dissolved in crude oil in the reservoir bar unit of pressure. Glossary of terms, commonly used for natural gas projects page 5 of 8 july 2014. Not only does the flowrate of the produced water change over time, but so does the composition. In the petroleum industry, geologists perform a wide variety of functions, but typically generate prospects and interpret data such as maps, well. Oil and gas production handbook an introduction to oil.
Gc detectors did discharge ionization detector atmospheric contaminants in the helium carrier gas can cause baseline noise and reduced detector sensitivity ecd electron capture detector oxygen and water can reduce detector response, and halocarbons can give rise to baseline noise and negative peaks. View the helpful and extensive glossary of key oil industry terms opis has compiled to help you better understand our industry and the various fuel markets. Homeserve is the entity that will administer the service under this service agreement. The oilfield glossary schlumberger oilfield glossary. A gas obtained by destructive distillation of coal, or by the thermal decomposition of oil, or by the reaction of steam passing through a bed of heated coal or coke. Oil and gas glossary of terms business finance solutions. Commonly used account classifications are residential, commercial, industrial, and other. Shapefile the shapefile format is a popular geospatial vector data format for geographic information system gis software.
The natural gas supplied by an ngl extractor to replace energy shrinkage for the benefit of shippers whose gas has been shrunk takeorpay contract a form of contract in which the payor is obligated to pay regardless of whether or not the payor uses the services, volumes. Suppliers definitions of these terms vary from supplier to supplier. To discontinue attempts to produce oil or gas from a well or lease and to plug the reservoir in accordance with regulatory requirements and recover equipment. The oil and gas industry uses many acronyms and abbreviations. A well that has come in with such pressure that oil spews out of the well like a geyser. Quizlet flashcards, activities and games help you improve your grades. Generally, this ratio is more than 3 and can be more than 20 in some parts of the world.
Common oil and gas industry terms explained a financial institution such as bank, brokerdealer, insurance company or business development company. Thank you for visiting our website you are exiting the department of labors web server. The department of labor does not endorse, takes no responsibility for, and exercises no control over the linked organization or its views, or contents, nor does it vouch for the accuracy or accessibility of the information contained on the destination server. A glossary of useful oil and gas industry terms, names and internet addresses. An oil refining unit in which propylene or butylene reacts with iso2 glossary of industry terms butylene to yield a high octane gasoline blending component called alkylate. These terms and conditions outline the rules and regulations for the use of noil petroleum corporations website. Antrim shale a shale deposit located in the northern michigan basin that is a devonian age rock formation lying at a relatively shallow depth of 1,000 feet. Those activities in the oil and gas industry which take place away from the source of the supply. When all the reservoir and hihgpressure zones in a well are sealed with cement so that no fluid can escape. These terms are frequently found in proposals, leases, contracts, and other oil and gas business transaction documents. Gas has been produced from this formation for several decades. The degree to which gas or fluids can move through a porous material, such as rocks. The mud logger reports total gas, individual gas components, or both, on the mud log.
Kerjasama pemerintah dan badan usaha cooperation of. Natural gas produced with crude oil from the same reservoir. Workover remedial work to the equipment within a well, the well pipework, or relating to attempts to increase the rate of flow. Glossary of oil and gas terms acreagecontribution agreement a support agreement by which the contributing party agrees to contribute leases or interests in leases in the area of a test well to a drilling party in exchange for information, if the drilling party drills to an agreed depth and develops the information. The glossary and definitions is broken down alphabetically, and also by section relevant to industry activity. A person who drills a well in an area where no oil or gas production previously existed. Engineers, students, academic staff, vendors, contract employees, and consultants can now quickly refer to key technical terms and definitions in this handy new volume. Oil and gas well drilling and servicing etool credits oil and gas well drilling and servicing etool glossary of terms h. Dictionary of oil, gas, and petrochemical processing. It is deflated by means of slots that can be opened to allow the gas or liquid to flow out. Oil gas terms in category g oilfield glossary oil and. A measure of the ability of a colloidal dispersion to develop and retain a gel form, based on its resistance to shear.
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