• its ownership. A traditional allocation practice will execute quantity calculations for crude oil, natural-gas condensate and produced water based on measured...
    46 KB (4,707 words) - 20:53, 24 August 2024
  • made to the court Allocation (oil and gas) in hydrocarbon accounting to assign the proper portions of aggregated petroleum and gas flows back to contributing...
    1 KB (141 words) - 17:21, 24 January 2022
  • The oil and gas industry uses many acronyms and abbreviations. This list is meant for indicative purposes only and should not be relied upon for anything...
    98 KB (11,962 words) - 15:00, 29 September 2024
  • Outcomes of a well test, for instance flow rate data and gas oil ratio data, may support the well allocation process for an ongoing production phase, while...
    10 KB (1,158 words) - 08:59, 7 October 2023
  • Thumbnail for Saudi Aramco
    Arabian Oil Group or simply Aramco (formerly Arabian-American Oil Company), is a state-owned petroleum and natural gas company that is the national oil company...
    95 KB (8,728 words) - 18:54, 4 October 2024
  • Thumbnail for Petroleum industry in Nigeria
    the second largest oil and gas producer in Africa (after Angola). Crude oil from the Niger Delta basin comes in two types: light, and comparatively heavy...
    79 KB (10,320 words) - 16:59, 30 September 2024
  • considers all aspects for gas lift allocation. Invented by Norman J. Rees and Albert W Zeuthen in 1956, Current Assignee ExxonMobil Oil Corp. Air lift uses...
    7 KB (941 words) - 22:54, 28 September 2024
  • Oil and gas law in the United States is the branch of law that pertains to the acquisition and ownership rights in oil and gas both under the soil before...
    21 KB (2,990 words) - 18:31, 7 August 2024
  • Thumbnail for OQ (company)
    A separate company for gas, named Oman Gas Company, was established in 2000. In 2003, Oman Oil Marketing Company (Oman Oil) was founded. Oman Trading...
    26 KB (2,459 words) - 23:04, 22 August 2024
  • the allocation of the risk of loss to people and property. In general, a knock-for-knock agreement means that each party working on an oil and gas worksite—the...
    4 KB (588 words) - 05:02, 4 January 2022