- 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.
PM, a particle of solid or liquid matter (soot, dust, mist, etc.).
Industry:Oil & gas
PNV; the current time value of an income stream that extends into the future. Various calculation methods and interest rates have been applied.
Industry:Oil & gas
Polarization to a higher oxidizing potential to achieve a reduced corrosion rate (promotes passivity).
Industry:Oil & gas
Poorly sorted collection of sediments, generally formed in a very high energy environment. Similar to sandstones but have much larger grains (pebbles grade 4 to 64 mm). The space between the grains may be partly or completely filled with sand grains.
Industry:Oil & gas
Possible reserves are those unproved reserves which analysis of geological and engineering data suggests are less likely to be recoverable than probable reserves. In this context, when probabilistic methods are used, there should be at least a 10% probability that the quantities actually recovered will equal or exceed the sum of estimated proved, plus probable, plus possible reserves. In general, possible reserves may include (1) reserves which, based on geological interpretations, could possibly exist beyond areas classified as probable, (2) reserves in formations that appear to be petroleum bearing, based on log and core analysis but may not be productive at commercial rates, (3) incremental reserves attributed to infill drilling that are subject to technical uncertainty, (4) reserves attributed to improved recovery methods when (a) a project or pilot is planned, but not in operation and (b) rock, fluid, and reservoir characteristics are such that a reasonable doubt exists that the project will be commercial, and (5) reserves in an area of the formation that appears to be separated from the proved area by faulting and geological interpretation indicates the subject area is structurally lower than the proved area. Often referred to as P3.
Industry:Oil & gas
Possible reserves are those unproved reserves which analysis of geological and engineering data suggests are less likely to be recoverable than probable reserves. In this context, when probabilistic methods are used, there should be at least a 10% probability that the quantities actually recovered will equal or exceed the sum of estimated proved, plus probable, plus possible reserves. In general, possible reserves may include (1) reserves which, based on geological interpretations, could possibly exist beyond areas classified as probable, (2) reserves in formations that appear to be petroleum bearing, based on log and core analysis but may not be productive at commercial rates, (3) incremental reserves attributed to infill drilling that are subject to technical uncertainty, (4) reserves attributed to improved recovery methods when (a) a project or pilot is planned, but not in operation and (b) rock, fluid, and reservoir characteristics are such that a reasonable doubt exists that the project will be commercial, and (5) reserves in an area of the formation that appears to be separated from the proved area by faulting and geological interpretation indicates the subject area is structurally lower than the proved area. Often referred to as P3.
Industry:Oil & gas
Potential of a corroding surface in an electrolyte relative to a reference electrode under open-circuit conditions.
Industry:Oil & gas
Powdered rock created by crushing and shearing of tectonic movements.
Industry:Oil & gas
Prediction of where in the wellbore that scale minerals are oversaturated in solution and could form scale. Not necessarily where scale will form.
Industry:Oil & gas
Preset value of a monitored parameter at which an alarm is actuated to warn of a condition that requires corrective action.
Industry:Oil & gas
