Oil and gas industry jargon

22 Jul 2010 Many of these words have a long history in the oil and gas industry. Nolan Hart, an oil field veteran who's doodlebugged and visited the 

Trading of oil and gas, utilities and mining commodities has moved from being a requiring familiarity with trading terminology among a wider range of professionals due dates (in arrears) is referred to in the energy industry as arrearage. A. Petroleum industry — Terminology — Part 3: Exploration and production. Petroleum and related products, fuels and lubricants from natural or synthetic  Drilling & Production Regulation definition: a battery means a system or arrangement of tanks or other surface equipment receiving the effluents of one or more  19 Feb 2020 Glossary of terms used in petroleum reserves or resources normal production practices Glossary of Reserves/Resources Terminology - 2005. The Millennium PetroCapital Glossary of Oil and Gas Terms is intended to be an informal reference tool for understanding oil and gas industry terminology. Oilfield terminology refers to the jargon used by those working in fields within and related to the petroleum industry. It includes words and phrases describing 

PaperSPE 10708 presented at the International Petroleum Technology Conference, Doha,Qatar, 21-23 November. doi: 10.2523/10708-MS. Rommetveit, R., 

Oilfield terminology refers to the jargon used by those working in fields within and related to the petroleum industry. It includes words and phrases describing  APPEA, The Voice of Australia's Oil and Gas Industry The barrel of oil equivalent (BOE) is a unit of energy approximate equal to the energy released by burning one barrel Hydrocarbons are the principal constituents of oil and natural gas. Development; Related oil field conditions; Development program; Legal and practical Factors of method selection; Aspects of production rate; Useful terminology In the petroleum industry, a field is an area underlain without substantial  Offshore platforms are an important part of the petroleum industry throughout the "Upstream" in Oil and Gas terminology signifies everything from the very first  Crude oil (“oil” in the petroleum industry jargon) is a fossil fuel, like coal and natural gas. Fossil fuels originated from the remains of plants and animals that died 

Every industry has jargon and it’s easy to forget that not everyone knows about the terminology that we hear so often. Here’s a combined list from a few experts in the oil and gas industry. It’s important to note that the list isn’t all-inclusive.

Oil and Gas Terminology 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 oil and gas industry uses many acronyms and abbreviations.. This list is meant for indicative purposes only and should not be relied upon for anything but general information.

Review the global make-up of the oil and gas industry, its jargon and its challenges; Gain awareness of basic petroleum geoscience, petrophysics and field  Wildcat – A well drilled where no oil and gas production currently exists. Monkeyboard – This is the platform about half way up the derrick, or mast, where a  Acreage Land leased for oil and gas exploration and production. Additives Specialty chemicals incorporated into fuels and lubricants that enhance the 

Development; Related oil field conditions; Development program; Legal and practical Factors of method selection; Aspects of production rate; Useful terminology In the petroleum industry, a field is an area underlain without substantial 

19 Feb 2020 Glossary of terms used in petroleum reserves or resources normal production practices Glossary of Reserves/Resources Terminology - 2005. The Millennium PetroCapital Glossary of Oil and Gas Terms is intended to be an informal reference tool for understanding oil and gas industry terminology. Oilfield terminology refers to the jargon used by those working in fields within and related to the petroleum industry. It includes words and phrases describing  APPEA, The Voice of Australia's Oil and Gas Industry The barrel of oil equivalent (BOE) is a unit of energy approximate equal to the energy released by burning one barrel Hydrocarbons are the principal constituents of oil and natural gas. Development; Related oil field conditions; Development program; Legal and practical Factors of method selection; Aspects of production rate; Useful terminology In the petroleum industry, a field is an area underlain without substantial  Offshore platforms are an important part of the petroleum industry throughout the "Upstream" in Oil and Gas terminology signifies everything from the very first 

determine the size and likely yield of an oil or gas field. Junked well: drillers' jargon – either when equipment is lost downhole or a well is plugged and  A company involved in virtually all aspects of the oil and gas industry including exploration, production, transportation, refining and marketing. These companies   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  27 Nov 2019 Slugcatcher- A slugcatcher is the name of a unit in a gas or petroleum refinery in which slugs at the outlet of pipelines are collected or caught. A  An interactive glossary of oil and gas acronyms, slang, and terminology. The Book of Jargon® – Oil & Gas is one in a series of practice area and industry- specific  The oil field workers were no different. They used and changed the meanings of words to fit their lifestyle. This little glossary is just a small example of the amount