- Industry: Oil & gas
- Number of terms: 8814
- Number of blossaries: 0
- Company Profile:
An 800-mile (1287-km), 48-in. (122-cm) pipeline that transports more than 1 million barrels of oil from Deadhorse (near Prudhoe Bay) to Valdez, Alaska, USA. The Trans-Alaska Pipeline System was completed in 1977 and it is often abbreviated as TAPS.
Industry:Oil & gas
An abbreviation on drilling reports or mud logs signifying 鈥渢rip for new bit. 鈥?, See: bit trip.
Industry:Oil & gas
Activities associated with drilling a wellbore to intercept one of more specified locations. The term usually is used in reference to directional or horizontal wells that are oriented to maximize contact with the most productive parts of reservoirs via hydraulic fracturing or to optimize intersection with natural fractures. Geomechanical analysis of natural fractures and stresses and geological analysis of the reservoir are critical to successful well planning. Advanced formation evaluation and drilling technology support the drilling operation in real time. <br>
Industry:Oil & gas
Accumulation of a water, oil or condensate in a gas pipeline. These fluids need to be removed using a pig.
Industry:Oil & gas
A working interest generally paid in consideration for work related to the prospect. This interest is paid, or carried, for the drilling and or completion costs as specified in the contract between the parties, by another working interest owner typically until casing point is reached, or through the tanks, meaning through completion of the well, as agreed upon contractually.
Industry:Oil & gas
A written contract between a grantor and grantee, used to transfer title or rights to real estate or property. Typical conveyances include oil, gas and mineral leases; assignments; deeds and rights of way.
Industry:Oil & gas
A wireline tool used to determine the free point on a stuck string. The free-point indicator operates by detecting stretch in the tubular when tension is applied at surface. If stretch is not detected, the string must be stuck above the tool; if stretch is detected, the string is free above the free-point indicator tool.
Industry:Oil & gas
A wireline or slickline tool used to place small volumes of cement slurry, or similar material, in a wellbore. Typically, the slurry is placed on a plug or similar device that provides a stable platform for the low-volume cement plug.
Industry:Oil & gas
A wireline tool to set and retrieve selectively set downhole equipment such as plugs and similar flow-control devices. The selective running tool enables equipment to be set in a target nipple that may be one of a series placed throughout the wellbore.
Industry:Oil & gas
