Oil and gas terminology pdf

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oil and gas terminology pdf

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How the Oil and Gas Industry Works

Your web browser is out of date. Update your browser for more security, speed and the best experience on this site. You have successfully subscribed to the newsletter! A drilling tool that cuts the hole. Bits are designed on two basic and different principles. The cable tool bit moves up and down to pulverize. The rotary bit revolves to grind.

As the voice of the upstream oil and natural gas industry in Canada, we provide a comprehensive glossary of industry terms. Energy sector provides for Canadians today as it looks to the future. Glossary As the voice of the upstream oil and natural gas industry in Canada, we provide a comprehensive glossary of industry terms Abandonment The process of changing a once active well one that will no longer produce oil or natural gas , to a state where it can be left indefinitely. All equipment that was used to produce oil and gas is removed and work is completed on the well to ensure that it will not cause harm to any environmental or human surroundings. Active Well A well that is currently producing oil or natural gas. API Gravity The American Petroleum Institute gravity, or API gravity, is a measure of how heavy or light a petroleum liquid is compared to water: if its API gravity is greater than 10, it is lighter and floats on water; if less than 10, it is heavier and sinks.

How the Oil and Gas Industry Works

The ILO estimates that nearly 6 million people are directly employed by the petroleum industry and over ten times that number of jobs are indirectly created by the industry. Employment opportunities for women in the petroleum industry are increasing, but from a very low base. This may be because of harsh working conditions in the industry: long hours work, especially in oil production; increasing amounts of work round the clock, in difficult, remote areas ; scheduling of shifts particularly offshore when rotation patterns are constrained by transport schedules and limits on accommodation. The petroleum industry faces the shortage of skilled workers. Find information on the oil and gas production sector through Labordoc ILO publications on the oil and gas production sector All publications on the oil and gas production sector available in Labordoc By theme Corporate social responsibility Employment Industrial relations Occupational safety and health Offshore installations Oil prices Productivity and technology Social dialogue Sustainable development Working conditions By region Africa Arab countries Asia and Pacific Europe Latin America and the Caribbean North America Developed countries Developing countries Petroleum exporting countries. Statistics UNdata: energy statistics database including petroleum and natural gas You may find statistics on the topic in the following selection of publications.

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Cautionary Note to U.S. Investors – The ConocoPhillips Glossary of Oil and Gas Terms is intended to be a high-level, informal reference tool for understanding.

Oil and Gas Well Drilling and Servicing eTool

This helpful OPIS glossary can assist you in better understanding many oil industry terms. Download Glossary. Plus, be sure to check out other free and helpful resources from OPIS. View more free resources. High volume 25, to , bbl contractual agreements between oil companies dictating delivery of petroleum products or crude oil in the near future for an established sales price.

To cease work on a well which is non-productive, to plug off the well with cement plugs and salvage all recoverable equipment. Also used in the context of field abandonment. Associated gas Natural gas produced with crude oil from the same reservoir. It requires government approval before it can be implemented. Appraisal Well 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.

We work with the industry and government to maximise the economic recovery of UK oil and gas and support the UK government in its drive to reach net zero greenhouse gas emissions by The OGA is fully committed to enabling the achievement of the UK government's commitment to reach net zero emissions by The UKCS is one of the most technologically advanced hydrocarbon provinces in the world.

Chenault, Roy L. Last reviewed: January