oilandgasuk.co.uk

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Definitions (127)

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annex b


Operator’s development plan for an offshore installation. It requires government approval before it can be implemented.
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commercial field


An oil and/or gas field judged to be capable of producing enough net income to make it worth developing.
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abandon


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.
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associated gas


Natural gas produced with crude oil from the same reservoir.
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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.
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associated gas


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.
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barrel


A unit of volume measurement used for petroleum and its products (7.3 barrels = 1 ton: 6.29 barrels = 1 cubic metre).
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bbl


One barrel of oil; 1 barrel = 35 Imperial gallons (approx.), or 159 litres (approx.); 7.5 barrels = 1 tonne (approx.); 6.29 barrels = 1 cubic metre.
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bcf


Billion cubic feet; 1 bcf = 0.83 million tonnes of oil equivalent.
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bcm


Billion cubic metres (1 cubic metre = 35.31 cubic feet).
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