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Oil industry terminology dictionary

Oil industry terminology dictionary

Free job board and oil industry overview. Oil Pipeline Glossary of Terms. If your oil and gas job has you working on a pipeline, then these terms are good to  20 Nov 2016 LTIP, Long Term Incentive Plan. MOG, Mediterranean Oil & Gas plc. mmbbls, million barrels. mmboe, million barrels of oil equivalent. mmscfd  9 Sep 2019 Statistical data. Coal production and consumption statistics · Oil and petroleum products - a statistical overview · Natural gas supply statistics. 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. An oil refining unit in which heavy feed such as flasher bottoms, cycle oil from a fluid catalytic cracker, or thermal cracked gas oil is subjected to high temperatures. This causes the feed to crack, creating light oils. Completion (oil/gas production): The term refers to the installation of permanent equipment for the production of oil or gas. If a well is equipped to produce only oil or gas from one zone or reservoir, the definition of a "well" (classified as an oil well or gas well) and the definition of a "completion" are identical.

acronyms related to our Oil & Gas industry is, therefore, to OGIC – Oil and Gas India Conference and Exhibition LTDP – Long Term Development Plan.

In a motor oil, this is a property which allows the oil to neutralize acids from combustion that would otherwise degrade the oil. Thermal Value: Calories per gram of BTU per pound produced by burning fuels. Topped Crude Oil: Oil from which the light ends have been removed by a simple refining process. Also referred to as "reduced crude oil". n: the introduction of air or gas into a liquid. AESC Association of Energy Service Companies. n: a trade association that represents the interests of members of the energy service segment of the oil and gas industry. It offers publications regarding recommended industry practices and training materials. However, ‘oil sands’ is now used most often to describe the naturally occurring bitumen deposits. This helps distinguish it from the other terms, which are associated with distilled or man-made products, such as the mixtures used to pave roads. Oil sands is an accurate term because bitumen, a heavy petroleum product is mixed with the sand.

Acquisition (foreign crude oil): All transfers of ownership of foreign crude oil to a In the extractive industries, the term is most frequently applied to mean either 

Glossary of the Petroleum Industry: English/Spanish & Spanish/English, 4th Edition. Refer to the list below to learn more about the various terms used in the oil and gas industry. Acidizing – A type of unconventional drilling technique used to access  31 Mar 2016 This glossary was created through discussions among the steering committee In the Oil & Gas Industry, a forecast is the projection in time of a 

The IADC Lexicon is a glossary of oilfield drilling terms that have been defined in legislation, regulations, standards, and/or guidelines.

Oil & Gas Definitions | D terms. Click the individual terms below to view the definition of each word or visit MineralWeb’s Oil & Gas Dictionary of Terms page to find definitions of other commonly used oil industry terms. Decline Curve. Decline Rate. Defects in Title. Dehydration. Delay Rental. Depletion. The IADC Lexicon is a glossary of oilfield drilling terms that have been defined in legislation, regulations, standards, and/or guidelines. Glossaries and Dictionaries of Oil and Gas. Dictionaries. Energy Information Administration Glossary; Institute of Petroleum Glossary 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. NS – North Sea; can also refer to the North Slope Borough, Alaska, the North Slope, which includes Prudhoe Bay Oil Field (the largest US oil field), Kuparuk Oil Field, Milne Point, Lisburne, and Point McIntyre among others.

Oil & Gas Industry Glossary of Selected Terms To Accompany a Range of Training Courses Offered to Industry Professionals Compiled by: DWA Energy Limited (www.dwasolutions.com) Acidising: the well stimulation technique of pumping hydrochloric acid down the well hole to enlarge the pore space in oil-bearing rocks, thus increasing oil flow and recovery.

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. 31 May 2018 Find definitions to industry terms & get familiar with the terms you need Oil and Gas industry jargon can be confusing, especially for people who https://www. appea.com.au/industry-in-depth/australian-oil-and-gas-glossary/. A-Z Glossary of petroleum terms used on this site amd relating to the petroleum industry. High volume (25,000 to 300,000 bbl) contractual agreements between oil companies dictating delivery of petroleum products or crude oil in the near future for an  Glossary. Petroleum Chemistry. A Brief Oil and Gas History. Some Useful Conversions. SPE Petroleum Reserves Categorisation. Esanda Course Offering   acronyms related to our Oil & Gas industry is, therefore, to OGIC – Oil and Gas India Conference and Exhibition LTDP – Long Term Development Plan. Using our oil and gas glossary, learn the definitions of industry terms such as acidizing, blowout preventer, hydraulic fracturing, and many more.

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