Skip to content

Oil and gas industry words

Oil and gas industry words

The oil and gas industry faces the strategic challenge of balancing short-term returns with its long-term licence to operate. Societies are simultaneously  PETROLEUM COKE, noun. A substance, mostly carbon, that is a byproduct of oil refining; used as a fuel or in many industrial applications. PETROLEUM ETHER  An essential resource for oil, gas, and petrochemical industry professionals, engineers, academic staff, and science and engineering students, the dictionary   World Oil provides news, oil prices, data, statistics, shale reports and upstream industry drilling, completion and production of oil and gas, both onshore and offshore. To see all exchange delays and terms of use please see disclaimer. Once again, it shows how for long-term prosperity and security of supply, the world needs further investment for responsible oil and gas production in each of the 

An essential resource for oil, gas, and petrochemical industry professionals, engineers, academic staff, and science and engineering students, the dictionary  

A well drilled as part of an appraisal drilling programme which is carried out to determine the physical extent, reserves and likely production rate of a field. 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. It includes relevant vocabulary and phrases for the oil and gas industry. It also provides explanations of grammar, practical readings and exercises so that you can  API American Petroleum Institute: n: a trade association and standards organization that represents the interests of the oil and gas industry. It offers publications 

Oilfield terminology refers to the jargon used by those working in fields within and related to the upstream segment of the petroleum industry. It includes words 

high-level, informal reference tool for understanding oil and gas industry terminology. It is not intended to be a definitive or exhaustive reference, nor should it be  31 May 2018 Find definitions to industry terms & get familiar with the terms you need to know if you are looking to make your mark on the Oil and Gas 

9 Jan 2020 As the third decade of 21st century begins, the oil and gas industry long-term role for oil and gas, even while demand levels are reduced from 

A Dictionary for the Oil and Gas Industry, 2nd Ed. [Petroleum Extension Service] on Amazon.com. *FREE* shipping on qualifying offers. A best-selling resource  acronyms related to our Oil & Gas industry is, therefore, to PICA – Petroleum Industry Contractors Association LTDP – Long Term Development Plan. A measure used to aggregate oil and gas resources for production, with one BOE being approximately equal to 6,000 cubic feet of natural gas. Basin. A large,  Here are some words that are associated with oil industry: oil tanker, petroleum, gasoline, hydrocarbon exploration, oil well, oil refinery, oil business, refining  AUTHORIZATION FOR EXPENDITURE (AFE) A document used to estimate the cost of drilling a well or installing major equipment facilities in an oil field. The AFE  Industry terms in oil and gas contracts – another victory for clear language, August 2016. A recent decision in the English Commercial Court has upheld the natural 

The standard unit of measurement for crude oil and some petroleum products. Barrels per day (abbreviated as bpd, b/d, and bopd for oil): in production terms, the.

BTEX is the acronym for a group of four Volatile Organic Compounds associated with derivatives of petroleum and oil and natural gas production: benzene, 

Apex Business WordPress Theme | Designed by Crafthemes