- 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.
Under production, short of the allotment or contract volume, that must be accounted for in a contract.
Industry:Oil & gas
Undeveloped reserves are expected to be recovered: (1) from new wells on undrilled acreage, (2) from deepening existing wells to a different reservoir, or (3) where a relatively large expenditure is required to (a) recomplete an existing well or (b) install production or transportation facilities for primary or improved recovery projects.
Industry:Oil & gas
Undeveloped reserves are expected to be recovered: (1) from new wells on undrilled acreage, (2) from deepening existing wells to a different reservoir, or (3) where a relatively large expenditure is required to (a) recomplete an existing well or (b) install production or transportation facilities for primary or improved recovery projects.
Industry:Oil & gas
Unit created by combining separate mineral interests under the pooling clause of lease or agreement.
Industry:Oil & gas
Unit of acceleration used in gravity measurement. 1 Gal= 1,000 milligal. 1 Gal = 1 cm/sec2. 1 milligal = 10 gravity units.
Industry:Oil & gas
Unit of magnetic survey map. 1 gamma = 1 nanotesla or 1 gamma = 10-5 gauss.
Industry:Oil & gas
Unit weight of the solute per million unit weights of the solution. A small correction factor is needed to convert to mg/liter.
Industry:Oil & gas
Unproductive rocks, usually igneous or metamorphic, at the bottom of a sedimentary rock sequence.
Industry:Oil & gas
Unproved reserves are based on geologic and/or engineering data similar to that used in estimates of proved reserves; but technical, contractual, economic, or regulatory uncertainties preclude such reserves being classified as proved. Unproved reserves may be further classified as probable reserves and possible reserves. Unproved reserves may be estimated assuming future economic conditions different from those prevailing at the time of the estimate. The effect of possible future improvements in economic conditions and technological developments can be expressed by allocating appropriate quantities of reserves to the probable and possible classifications.
Industry:Oil & gas
