These terms are frequently found in proposals, leases, contracts, and other oil and gas business transaction documents. In areas where oil is found in shallow reservoirs, seeps of crude oil or gas may naturally develop, and some oil could simply be collected from seepage or tar ponds. Glossary of oil and gas terms english to spanish quizlet. As the voice of the upstream oil and natural gas industry in canada, we provide a comprehensive glossary of industry terms. High volume 25,000 to 300,000 bbl contractual agreements between oil companies dictating delivery of petroleum products or crude. Offshore oil and gas industry abbreviations and acronyms. Glossary of oilfield production terminology got definitions. Natural gas produced with crude oil from the same reservoir. The news release can be found under news and notices tab.
Corrosion of oil and gaswell equipment cogwe, 1958. Book on offshore oil and gas on the various types of apparatus used in offshore exploration and. Plugged and abandoned when all the reservoir and hihgpressure zones in a well are sealed with cement so that no fluid can escape. This etool identifies common hazards and possible solutions to reduce incidents that could lead to injuries or fatalities. Oil and gas aggregate operation are defined as the excavation or quarrying of aggregate that. Exploration searching for crude oil andor natural gas by utilizing geological and topographical studies, geophysical and seismic surveys, and drilling of wells. Most of the oil and gas production on the eastern side of colorado comes from. Geological survey usgs world petroleum assessment 2000 provides estimates of the quantities of conventional oil, gas, and natural gas liquids outside the united states that have the potential to be added to reserves in the next 30 years 1995 to 2025. 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. Continuous well testing in any wind direction the manifold gives you the ability to divert oil or gas to the safest burner with respect to the wind directionwithout having to interrupt the test. The schlumberger oilfield glossary is an evergreen, instant reference that. The oil and gas industry employs hundreds of thousands of people and is a vital component of the national economy. However, this guide will enable one to become familiar with the basic operations and common terminology of the oil and gas industry, including brief references to royalty owners. The schlumberger oilfield glossary has received awards of excellence from the business.
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. Barrel a unit of volume measurement used for petroleum and its products 7. 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. The glossary and definitions is broken down alphabetically, and also by section relevant to industry activity.
The standard unit of measurement for crude oil and some petroleum products. This list is meant for indicative purposes only and should not be relied upon for anything but general information. 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 of terms business finance solutions. 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.
Quizlet flashcards, activities and games help you improve your grades. The maintenance work performed on an oil or gas well to improve or maintain the production from a formation already producing. 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. Delayrental clause an oil and gas lease clause giving the lessee the right to maintain the lease. Barrel of oil equivalent boe a measure used to aggregate oil and gas resources or production, with one boe being approximately equal to 6,000 cubic feet of natural gas.
This is a followup to the first glossary produced for the electricity supply industry. Louisiana dnr glossary of terms term description abandoned well an oil and gas well which has no reported production, disposal, injection or other permitted activity for an extended period of time and the current operator of record has failed to maintain the oilfield site in accordance with state rules and regulations. 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. Course 902 well site preparation and drilling safety. Worker safety and health are important to this industry.
List of abbreviations in oil and gas exploration and. A technique used to increase the flow of oil andor gas out of a well. To permanently plug a dry hole or well that no longer produces. Common oil field abbreviations and conversion chart. Gas leasing terminology a to z this is by no means a complete list of terms used.
The drillstring is sometimes filled with an inert gas, usually nitrogen, for these tests. With lowpermeability formations, or where the production is mostly water and the formation pressure is too low to lift water to the surface, surface production may never be observed. Questions and answers shale gas glossary acquifer a single underground geological formation, or group of formations, containing water. A procedure undertaken to attempt to increase the flow of oil or gas from a well. American petroleum institute, a petroleum industry association that sets standards. These two monographs will be handy materials for students, researchers, industry. Oil has been used for lighting purposes for many thousands of years. Oil and gas glossary and definitions bc oil and gas commission. The uk based partnership with the remit to make the uk the safest oil and gas exploration and production province in the world. Additives specialty chemicals incorporated into fuels and lubricants that enhance the performance of the finished product. In these cases, the volume of fluids produced into the drillstring is. The oil and gas industry uses many acronyms and abbreviations. The schlumberger oilfield glossary is an evergreen, instant reference that takes up no space on your bookshelf and offers many special features.
Advertisers receive 25% off an exhibition stand at share fair in october. The oilfield glossary schlumberger oilfield glossary. Timing between the two components can take years and usually does. A standard measure of volume for crude oil and liquid petroleum products. I n addition please see the section in the bcafc briefing. Reference is not made to all of the facets or issues of the oil and gas industry. Hydrochloric acid is pumped into the oilbearing rock. See also delayrental clause, unless lease, or lease, and paidup lease. Increasing the flow of oil from a well by pumping hydrochloric acid into the well under high. Abandon to cease efforts to produce oil or gas from a well, and to plug a depleted formation and salvage all material and equipment. More than 450,000 workers were employed in the oil and gas industries in 2011 quarterly census of employment and wages. Any director, officer or general partner of the issuer. Gas has been produced from this formation for several decades. It is important to understand these terms to understand the legal implications of contracts and other business.
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. Dictionary of oil, gas, and petrochemical processing. A chronological history of ownership of a tract of land. A highly viscous form of crude oil greater than 10,000 centipoise resembling cold molasses at room temperature. Plus, be sure to check out other free and helpful resources from opis. A vessel used to bury pipeline beneath the seafloor. Offshore oil and gas industry abbreviations and acronyms a courtesy of dmar engineering, inc. A fluid usually crude oil, diesel oil, or water is pumped into the reservoir, with such great force that the reservoir rock is physically broken and split open. Liquid, gaseous and solid hydrocarbons, including oil, natural gas, gas condensate, ethane, propane, butane and pentane.
The acid dissolves limestone in the producing zone which increases porosity thus the oil andor gas can flow into the well bore with less restrictions. The barge moves itself forward by means of anchors. The oil manifold is fitted with five ball valves and the gas manifold is fitted with two ball valves. Collection of drawings, or other related material that describes the specifications of an asset that has been constructed. It offers publications regarding standards, recommended practices, and other industry related information.
Oil and gas well drilling and servicing etool glossary. Basin a large, natural depression on the earths surface in which sediments, generally brought by water, accumulate. Hussameldin ibrahim, university of regina, saskatchewan, canada with the dictionary of oil, gas, and petrochemical processing, the authors provide a great service to the industry and, in particular, to those entering the field. Bld bailed refers to the practice of removing debris from the hole with a cylindrical container on a wireline. 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. Oil gas terms in category b oilfield glossary oil and. Historically, we know the tales of eternal fires where oil and gas seeps ignited and burned. Oil gas terms in category w oilfield glossary oil and.
One barrel of oil has about the same heat producing capacity as 6,000 ft 3 of gas at standard conditions. Barrels of oil equivalent a unit of measure to quantify crude oil, natural gas liquids and natural gas amounts using the same basis. This helpful opis glossary can assist you in better understanding many oil industry terms. This dictionary is a must in the library of every young engineer. The objective of this glossary is to provide our clients with a useful reference guide to the language of commodity trading and risk management. At least 80 percent of the worlds oil and gas has been found in anticlines. Wogcc commissioners pass reduction in conservation tax under docket 692020, the wyoming oil and gas conservation commission wogcc voted in favor of reducing the current amount of conservation taxes assessed on oil and gas companies to. This report, titled scientific inventory of onshore federal lands oil and gas resources and the extent and nature of restrictions or impediments to their development phase ii cumulative inventory, supersedes phase i of the inventory. Itogp abs american bureau of shipping abatement the act or process of reducing the intensity of pollution. The oil and gas industry has many unique terms and abbreviations.
Common oil and gas industry terms explained a financial institution such as bank, brokerdealer, insurance company or business development company. Wireline magazine media pack 2019 pdf file special offers subject to availability. A jet sled is lowered over the pipeline, and as the barge pulls it over the pipe, highpressure jets of water remove soil from beneath the pipe, allowing the pipe to fall into the jettedout trench. Barrels per day abbreviated as bpd, bd, and bopd for oil. Pdf glossary of petroleum engineering terms 25 august 2010.1193 869 145 1238 288 179 87 1022 1052 1582 138 390 1093 208 281 27 714 312 12 176 1584 658 1432 1283 1080 1458 399 1620 86 597 109 938 905 1393 888 565 1228 1227