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. Additives specialty chemicals incorporated into fuels and lubricants that enhance the performance of the finished product. 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. 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. 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. High volume 25,000 to 300,000 bbl contractual agreements between oil companies dictating delivery of petroleum products or crude. The oilfield glossary schlumberger oilfield glossary. This helpful opis glossary can assist you in better understanding many oil industry terms. The news release can be found under news and notices tab. Common oil field abbreviations and conversion chart. Oil has been used for lighting purposes for many thousands of years. American petroleum institute, a petroleum industry association that sets standards. Questions and answers shale gas glossary acquifer a single underground geological formation, or group of formations, containing water.
The oil manifold is fitted with five ball valves and the gas manifold is fitted with two ball valves. This dictionary is a must in the library of every young engineer. As the voice of the upstream oil and natural gas industry in canada, we provide a comprehensive glossary of industry terms. 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. This list is meant for indicative purposes only and should not be relied upon for anything but general information. 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. I n addition please see the section in the bcafc briefing. The schlumberger oilfield glossary has received awards of excellence from the business. 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. Course 902 well site preparation and drilling safety. Offshore oil and gas industry abbreviations and acronyms a courtesy of dmar engineering, inc. A technique used to increase the flow of oil andor gas out of a well.
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%. Bld bailed refers to the practice of removing debris from the hole with a cylindrical container on a wireline. This is a followup to the first glossary produced for the electricity supply industry. 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. Barrel a unit of volume measurement used for petroleum and its products 7. Plus, be sure to check out other free and helpful resources from opis. Dictionary of oil, gas, and petrochemical processing. It is important to understand these terms to understand the legal implications of contracts and other business. One barrel of oil has about the same heat producing capacity as 6,000 ft 3 of gas at standard conditions. Delayrental clause an oil and gas lease clause giving the lessee the right to maintain the lease. 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. Exploration searching for crude oil andor natural gas by utilizing geological and topographical studies, geophysical and seismic surveys, and drilling of wells. 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.
A chronological history of ownership of a tract of land. Collection of drawings, or other related material that describes the specifications of an asset that has been constructed. The standard unit of measurement for crude oil and some petroleum products. Historically, we know the tales of eternal fires where oil and gas seeps ignited and burned. Book on offshore oil and gas on the various types of apparatus used in offshore exploration and. Barrels of oil equivalent a unit of measure to quantify crude oil, natural gas liquids and natural gas amounts using the same basis. The barge moves itself forward by means of anchors. The oil and gas industry employs hundreds of thousands of people and is a vital component of the national economy. The uk based partnership with the remit to make the uk the safest oil and gas exploration and production province in the world.
Pdf glossary of petroleum engineering terms 25 august 2010. 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. This etool identifies common hazards and possible solutions to reduce incidents that could lead to injuries or fatalities. Natural gas produced with crude oil from the same reservoir. The maintenance work performed on an oil or gas well to improve or maintain the production from a formation already producing. It offers publications regarding standards, recommended practices, and other industry related information. 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.
Glossary of oil and gas terms english to spanish quizlet. A highly viscous form of crude oil greater than 10,000 centipoise resembling cold molasses at room temperature. Corrosion of oil and gaswell equipment cogwe, 1958. Hydrochloric acid is pumped into the oilbearing rock. Worker safety and health are important to this industry.
Plugged and abandoned when all the reservoir and hihgpressure zones in a well are sealed with cement so that no fluid can escape. Oil and gas well drilling and servicing etool glossary. These terms are frequently found in proposals, leases, contracts, and other oil and gas business transaction documents. Oil and gas glossary and definitions bc oil and gas commission. 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. Barrels per day abbreviated as bpd, bd, and bopd for oil. Reference is not made to all of the facets or issues of the oil and gas industry. The schlumberger oilfield glossary is an evergreen, instant reference that. Increasing the flow of oil from a well by pumping hydrochloric acid into the well under high. Advertisers receive 25% off an exhibition stand at share fair in october. Glossary of oilfield production terminology got definitions.
Wireline magazine media pack 2019 pdf file special offers subject to availability. 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. 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. In these cases, the volume of fluids produced into the drillstring is. Oil and gas aggregate operation are defined as the excavation or quarrying of aggregate that.
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. A standard measure of volume for crude oil and liquid petroleum products. Quizlet flashcards, activities and games help you improve your grades. See also delayrental clause, unless lease, or lease, and paidup lease. Gas leasing terminology a to z this is by no means a complete list of terms used. The oil and gas industry has many unique terms and abbreviations. A vessel used to bury pipeline beneath the seafloor. To permanently plug a dry hole or well that no longer produces. Liquid, gaseous and solid hydrocarbons, including oil, natural gas, gas condensate, ethane, propane, butane and pentane. Oil and gas glossary of terms business finance solutions.
Timing between the two components can take years and usually does. Common oil and gas industry terms explained a financial institution such as bank, brokerdealer, insurance company or business development company. The drillstring is sometimes filled with an inert gas, usually nitrogen, for these tests. Most of the oil and gas production on the eastern side of colorado comes from. 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. 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. Basin a large, natural depression on the earths surface in which sediments, generally brought by water, accumulate. 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. 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. The schlumberger oilfield glossary is an evergreen, instant reference that takes up no space on your bookshelf and offers many special features.
The objective of this glossary is to provide our clients with a useful reference guide to the language of commodity trading and risk management. Any director, officer or general partner of the issuer. Oil gas terms in category b oilfield glossary oil and. List of abbreviations in oil and gas exploration and. A procedure undertaken to attempt to increase the flow of oil or gas from a well. These two monographs will be handy materials for students, researchers, industry.
At least 80 percent of the worlds oil and gas has been found in anticlines. The oil and gas industry uses many acronyms and abbreviations. 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. The glossary and definitions is broken down alphabetically, and also by section relevant to industry activity.