Oil and gas glossary of terms pdf files

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 schlumberger oilfield glossary is an evergreen, instant reference that takes up no space on your bookshelf and offers many special features. In addition, the glossary should be considered an evergreen document that will be subject to revisions as required. Naphthas which will be used for blending or compounding into finished aviation or motor gasoline e. Glossary of oil and gas terms learn the language of oil. A common arrangement in drilling ventures is that the promoter is carried to the casing point for 14 of the working interest. Bc oil and gas commission glossary and definitions version 1. We also have a page of oil and gas abbreviations and acronyms. Glossary of oilfield production terminology got definitions. Searched for a in all fields 4914 result s found variables and numbers.

Shale gas glossary acquifer a single underground geological formation, or group of formations, containing water. 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. Structural trap a type of reservoir containing oil andor gas formed by movements of the earths crust which seal off the oil and gas accumulation in the reservoir forming a trap. To permanently plug a dry hole or well that no longer. The expansion of a company to take in other companies at the same step in the value chain.

The terms are also subject to change as applicable laws and customary practice evolve. Historically, we know the tales of eternal fires where oil and gas seeps ignited and burned. 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. We removed these sccs for counties where we used wrap phase iii oil and gas emissions in the 2007v5 platform. 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. Gas has been produced from this formation for several decades. As the voice of the upstream oil and natural gas industry in canada, we provide a comprehensive glossary of industry terms. In all cases, terms and conditions of the program and related agreements entered into by the parties in connection with the nhs will prevail. Generation can be entirely run as a monopoly or be subject to competition. An instrument that measures fluid pressure and usually registers the difference between atmospheric pressure and the pressure of the fluid by indicating the effect of such pressures on a measuring element e. Resources, resource base, and recoverable resources along with similar terms, refer to the total remaining estimated quantities of oil and natural gas that are expected to be volume effects entitlements net interest are changes to exxonmobils share of production volumes caused by nonoperational changes to volumedetermining factors. Of a measurement, expresses degree of confidence in result of measurement of a certain quantity compared with result of another measurement of the same quantity.

Api recommended practice 10b recommended practice for testing well cements. Investors the conocophillips glossary of oil and gas terms is. 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. Oil has been used for lighting purposes for many thousands of years. Butane occurs naturally in crude oil and natural gas and is the product of a variety of refinery processes. Chapter 2 oil and gas exploration and development along the.

These terms raise complex legal issues on which specific legal advice will be required. Sweet gas natural gas free of significant amounts of hydrogen sulfide h2s when produced. 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. February 2019 uncontrolled copy once downloaded goto. Oil field abbreviations pdf the oil and gas industry uses many odg convert to pdf acronyms and abbreviations. Corrosion of oil and gaswell equipment cogwe, 1958. There are many terms that are synonymous with the oil and gas industry. Havard devold oil and gas production handbook an introduction. Glossary of terms oil and gas ranken energy corporation. Cementation chemical precipitation of ions carried in groundwater chemically precipitating to form new crystalline material between sedimentary grains. Removing material from a pipe surface by abrading, e. Delayrental clause an oil and gas lease clause giving the lessee the right to maintain the lease from period to period during the primary term either by. Therefore, some firms within the industry may use definitions which vary somewhat from those contained herein.

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 oil and gas industry has many unique terms and abbreviations. 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. Jan 25, 2019 the oil and gas well records can be searched by key fields or full text and will include applications to drill, oil and gas completion reports, plugging reports, producers transportation authority and miscellaneous records from 1981 to present.

Production can fluctuate for a number of reasons including reservoir pressures, depletion or down time for maintenance. The northern twothirds of the denver basin of colorado, nebraska, and wyoming. The standard unit of measurement for crude oil and some petroleum products. The barrel of oil equivalent boe is a unit of energy approximate equal to the energy released by burning one barrel 158. A group of hydrocarbon gases, primarily propane, normal butane, and isobutane, derived from crude oil refining or natural gas processing. Resources, resource base, and recoverable resources along with similar terms, refer to the total remaining estimated quantities of oil and natural gas that are expected to be volume effects. The shapefile format is a popular geospatial vector data format for geographic information system gis software. Cns central north sea cncf fieldnormalised compensated neutron porosity. Any director, officer or general partner of the issuer. Sucker rods steel rods that are screwed together to form a string that connects the pump inside a wells tubing down hole to the pumping jack on the. Means the oil and gas conservation act of the state of colorado. Oil and gas glossary of terms business finance solutions. 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. Steel pipe placed in an oil or gas well to prevent the wall of the hole from caving in, to prevent movement of fluids from one formation to another and to aid in well control.

The glossary is provided for information purposes only. The oilfield glossary schlumberger oilfield glossary. A sudden escape of oil or gas from a well, caused by uncontrolled high pressure. Unassociated gas natural gas occurring alone, not in solution or as free gas with oil or condensate.

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. In mud terminology, refers to the density of a drilling fluid. Its primary uses are for blending into gasoline, for residential and commercial heating and for industrial uses. Quizlet flashcards, activities and games help you improve your grades. 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. If you would like to discuss mineral rights related issues with other landowners. These terms are frequently found in proposals, leases, contracts, and other oil and gas business transaction documents. Barrels per day abbreviated as bpd, bd, and bopd for oil.

Barrel a unit of volume measurement used for petroleum and its products 7. Schlumberger is an international company, specializing in the area of oil and gas technology. Oil and gas well drilling and servicing etool glossary of. Common oil and gas industry terms explained a financial institution such as bank, brokerdealer, insurance company or business development company. It offers publications regarding standards, recommended practices, and other industry related information. T his glossary of common oil and gas terms and definitions will aid newcomers as well as experienced royalty owners or mineral owners with the terminology used in the oil and gas industry. The application of a liquid slurry of cement and water to various points inside or outside the casing. Shown are oil yellow green, oil and gas blue, and gas red wells across the basin. The schlumberger oilfield glossary is an evergreen, instant reference that takes. Workover remedial work to the equipment within a well, the well pipework, or relating to attempts to increase the rate of flow.

Major fields within the front range area are labeled white text. Oil and gas nei sccs this appendix provides a list sccs that are considered representative of the oil and gas sector from the 2008 nei point, nonpoint and nonroad mobile inventories. These are some of the most commonly used oil and gas terms. Technical guidance documents detail best practices for operating in the industry. It includes several terms for which there is no single, commonly accepted definition in the petroleum industry. Take your pdf documents, and view them, any where you go. Land leased for oil and gas exploration andor land for which conocophillips owns the mineral rights. Terms common to oil and gas measurement terms common. Refers to an oil and gas limited partnership which has not committed to specific prospects, leases or properties at the time of capital formation. Thank you for visiting our website you are exiting the department of labors web server. Glossary of oil and gas terms english to spanish quizlet. Decline curve production from oil and gas wells decline over time. Gas leasing terminology a to z this is by no means a complete list of terms used. The objective of this glossary is to provide our clients with a useful reference guide to the language of commodity trading and risk management.