- Industry: Oil & gas
- Number of terms: 9502
- Number of blossaries: 0
- Company Profile:
George King is a technology provider in the oil and gas industry specializing in new technology and problem oil well solutions.
The weighted average using probabilities as weights. For decisions involving uncertainty, the concept of expected value provides a rational means for selecting the best course of action and for forcasting portfolio level performance.
Industry:Oil & gas
The width of a fracture at the wellbore. Hydraulic frac width is generated by frac fluid viscosity and/or pump rate (i.e., horsepower).
Industry:Oil & gas
The wire rope used to position tools on the floor. Also used to describe the wire rope on a cable tool rig.
Industry:Oil & gas
The wireline, slickline, tubing or coiled tubing used to convey tools or equipment in a well.
Industry:Oil & gas
Thermodynamic comparison (k = cp/cv) of the ratio of a specific heat (k) at a constant pressure (cp) to a specific heat at a constant volume (cv). The ratio range for most gasses is 1.2 to 1.4.
Industry:Oil & gas
This refers to certain approved methods of computing depreciation allowance for federal and/or state income tax purposes. These methods permit relatively larger depreciation charges during the earlier years, in contrast to the straight-line method, under which the annual charges are the same for each year. This is sometimes referred to as accelerated depreciation (From AGA).
Industry:Oil & gas
