A royalty is the landowner's share of the gross production, which is free of the costs of production. It is... | Meaning, pronunciation, translations and examples FPO – Floating Production and Offloading - vessel with no or very limited (process only) on-board produced fluid storage capacity. MM or mm – prefix designating a number in millions (or SI unit – millimetre), MMboe – million barrels of oil equivalent, MMboed – million barrels of oil equivalent per day, MMcf – million cubic feet (of natural gas), MMcfe – million cubic feet (of natural gas equivalent), MMcfge – million cubic feet (of natural gas equivalent), mmscfd – million standard cubic feet per day, MODU – Mobile Offshore Drilling Unit (Either of Jack-up Drill Rig or Semi-submersible Rig or Drill Ship), MOPU – Mobile Offshore Production Unit (to describe: Jack-up Production Rig, or Semi-submersible Production Rig, or Floating Production and or storage ship - See also FPO and FPSO definitions, MOT – Materials/Marine Offloading Terminal, MPQT – Manufacturing Procedure Qualification Test, MPS – Manufacturing Procedure Specification, MPSP — Maximum Predicted Surface Pressure, MRX – Magnetic resonance expert (wireline. Universal Oil Products. This industry can be divided into a number of basic categories, such … company, business, science. Thr3 or Thr#3 means Thruster Nr 3), THP – Tubing Hanger Pressure (pressure in the, TMCM – Transverse Mercator Central Meridian, TNDTG – Thermal Neutron Decay Time/Gamma Ray Log, TOFD – Time of first data sample (on seismic trace), TOFS – Time of first surface sample (on seismic trace), TOVALOP - Tanker Owners Voluntary Agreement Concerning Liability for Oil Pollution, TRCFR – Total Recordable Case Frequency Rate, TTVBP – Through Tubing Vented Bridge Plug, TUTB – Topside Umbilical Termination Box/Unit/Assembly (TUTU), TVBDF – True Vertical Depth Below Derrick Floor, TV/BIP – Ratio of Total Volume (ore and overburden) to Bitumen In Place, TVDRT – True Vertical Depth (referenced to) Rotary Table zero datum, TVDKB – True Vertical Depth (referenced to) Top Kelly Bushing zero datum, TVDSS – True Vertical Depth (referenced to) mean sea level zero datum, UBHO – Universal Bottom Hole Orientation (sub), UBIRE – Ultrasonic Borehole Imager Report, UCIT – Ultrasonic Casing Imaging Tool (high resolution Casing & Corrosion Imaging tool), UCSU – Upstream Commissioning and Start-Up, ULCGR – Uncompressed LDC CNL Gamma Ray Log, UMCA – Umbilical Midline Connection Assembly, USIT – Ultra Sonic Imaging tool (cement bond logging, casing wear logging), UTA/B – Umbilical Termination Assembly/Box, UTAJ – Umbilical Termination Assembly Jumper, UWILD – Underwater Inspection in Lieu of Dry Docking, VDU – Vacuum Distillation Unit, used in processing, VGMS – Vent Gas Monitoring System ( Flexible riser annulus vent system), VLTCS – Very Low Temperature Carbon Steel, VSI – Versatile Seismic Imager (Schlumberger VSP tool), VTDLL – Vertical Thickness Dual Laterolog, WAG – Water Alternating Gas (describes an injection well which alternates between water and gas injection), WITS – Well Site Information Transfer System, WHMIS – WorkPlace Hazardous Material Information Systems, WOC – Water Oil Contact (or Oil Water Contact), WOE – Well Operations Engineer (a key person of, WPQ/S/T – Weld Procedure Qualification/Specification/Test, WQ – A textural parameter used for CBVWE computations (, WR – Wireline Retrievable (as in a WR Plug), WSOG – Well Specific Operation Guidelines, WSS – Well Services Supervisor (leader of, XL – or EXL, Exploration Licence (United Kingdom), a type of onshore licence issued between the First Onshore Licensing Round (1986) and the Sixth (1992), XMAC – Cross-Multipole Array Acoustic log, XMAC-E – XMAC Elite (Next generation of XMAC), XPERM – Matrix Permeability in the X-Direction, Z – depth, in the geosciences referring to the depth dimension in any x, y, z data, This page was last edited on 3 January 2021, at 13:24. Lease Amortization, Amortization of proved reserve etc. Upstream, or exploration and production (E&P) companies, find reservoirs and drill oil and gas … UOP. UOP is the leading international supplier and technology licensor for the petroleum refining, gas processing, petrochemical production and major manufacturing van Dijk, J.P. (1998); Analysis and modelling of fractured reservoirs. The oil and gas industry is divided into three components or sectors: the upstream, midstream, and downstream. ): an alkane that is a gas at atmospheric pressure and room temperature, but which can be liquefied by pressure for handling and use. Company Watch - Honeywell Significant areas in the new rules include standards for (1) the revised unit of property ( UOP ) definitions for real and personal property, (2) improvements to property, and (3) modifications to the rules for dispositions of property. from rod equipment to casing equipment), cP – centiPoise (Viscosity unit of measurement), CPI separator – corrugated plate interceptor. Copy Chart of Depreciation  – Transaction Code: EC08, Define Chart of Depreciation and depreciation areas – Transaction Code: OAOB, Assign Chart of Depreciation to Company code – Transaction Code: OAOB, Define how depreciation areas post to General Ledger – Transaction Code: OADX, Assign the General Ledger Accounts – Transaction Code: AO90, Maintain Depreciation keys & activate them – Transaction Code: AFAMA, Specify document type for posting depreciation – Transaction Code: AO71, Determine Depreciation Areas in the Asset Class – Transaction Code: OAYZ, Define Unit-of-Production Depreciation – Transaction Code – AO25 (This is UOP Method and is used to update the quantities for respective company codes for appropriate depreciation key). The oil and gas industry uses many acronyms and abbreviations.. Examples include Anadarko Petroleum, Sunoco, Phillips 66, ConocoPhillips, and Murphy Oil . top drive), DFI – Design, Fabrication and Installation résumé, DFIT – Diagnostic Fracture Injection Test, DG/DG# – Diesel Generator ('#'- means identification letter ou number of the equipment i.e. Capitalized Interest – Leasehold & Non – Leasehold. Upstream is a term for the exploration and production stages in the oil and gas industry. Its primary uses are for blending into gasoline, for residential and commercial heating and for industrial uses. UOP stands for Unit of Production (depreciation method) Suggest new definition This definition appears somewhat frequently and is found in the following Acronym Finder categories: Capitalized Interest Leasehold & Non-Leasehold can be depreciated through the UOP method utilizing the Proved Reserve or Proved Developed Reserve based on the respective scenario. It is the first stage in oil or gas production, followed by the midstream and downstream segments. K Factor (Uop K Factor) Of Crude Oil - posted in Refining, Hydrocarbons, Oil, and Gas: My question is: that Fig 5.1 Nelson 1958 (attached). PL006, 018, 067, 2–3 Dec 1996, NPD Stavanger, Extended Abstracts. van Dijk, J.P. (1996); Fracture potential and domain mapping; a new technique applied to Maastrichtian-Danian chalk in Block 2/5 (Norway). chemistry, technology, lubricant. United Oil Products. chemistry, technology, lubricant. Ethane, propane, butane, isobutane, and pentane are all NGLs (see table above). For example: Depletion for oil and gas wells i.e. This list is meant for indicative purposes only and should not be relied upon for anything but general information. Gas definition: Gas is a substance like air that is neither liquid nor solid and burns easily . Pipeline – Straight Line Method using committed field/asset production life or UOP method utilizing Proved Developed Reserves (it could be for pipelines which are dedicated to a single producing asset/field). Natural gas liquids (NGLs) are hydrocarbons—in the same family of molecules as natural gas and crude oil, composed exclusively of carbon and hydrogen. log, CDF – Core contaminated by drilling fluid, CHCNC – CHCNC gamma ray casing collar locator, CHECK – checkshot and acoustic calibration report, CHESM – contractor, health, environment and safety management, CHK - choke (a restriction in a flowline or a system, usually referring to a production choke during a test or the choke in the well control system), CHOPS – Cold Heavy Oil Production with Sand, CHP – casing hanger pressure (pressure in an, CHOTO – Commissioning, Handover & Takeover, CITHP – closed-in tubing head pressure (tubing head pressure when the well is shut in), CNFDP – CNFD true vertical-depth playback log, CNCF – field-normalised compensated neutron porosity, CO – change out (ex. Buildings, Vehicles, Plant, Machinery, Software, Hardware, Furniture etc. Proved property costs are generally depleted using the UOP method. ), boed – barrel(s) of oil equivalent per day, boepd – barrel(s) of oil equivalent per day, BOTTO – bottom hole pressure/temperature report, BPV – back pressure valve (goes on the end of coiled tubing a drill pipe tool strings to prevent fluid flow in the wrong direction), BRT – below rotary table (used as a datum for depths in a well), BSEE – US: Bureau of Safety and Environmental Enforcement, BTEX – benzene, toluene, ethyl-benzene and xylene, BTO/C – break to open/close (valve torque), bwd – barrels of water per day (often used in reference to, CAAF – Contract Authorization Approval Form, CAODC – Canadian Association of Oilwell Drilling Contractors, CART – cam-actuated running tool (housing running tool), CCL – casing collar locator (in perforation or completion operations, the tool provides depths by correlation of the casing string's magnetic anomaly with known casing features), CCLBD – Construction / Commissioning Logic Block Diagram, CCLTP – casing collar locator through tubing plug, CDRCL – compensated dual resistivity cal. M or m – prefix designating a number in thousands (not to be confused with SI prefix M for, MAASP – Maximum Acceptable [or Allowable] Annular Surface Pressure, MAOP – Maximum Allowable Operating Pressure, MAWP – Maximum Allowable Working Pressure, Mboe – thousand barrels of oil equivalent, Mboed – thousand barrels of oil equivalent per day, Mcfe – thousand cubic feet of natural gas equivalent, MDRT – Measured Depth referenced to Rotary Table zero datum, MDSS – Measured Depth referenced to Mean Sea Level zero datum - "Sub Sea" level, MDR – Mud Damage Removal (acid bullheading), MEIC – Mechanical Electrical Instrumentation Commission, MERG – Merge FDC/CNL/Gamma Ray/Dual Laterolog/Micro SFL Log. Energy. This list is meant for indicative purposes only and should not be relied upon for anything but general information. For example, if a widget factory produces 30,000 widgets in April and is open seven days a week, its output may be measured as 1,000 widgets per day. Note that these three sectors also correspond to the three major categories of activities of the oil and gas industry value chain. In an oil field, oil is almost always associated with a certain quantity of natural gas: newer oil wells are equipped for the recovery of both oil well gas and crude oil and hence the gas is an additional resource of the oilfield. There are many uses for NGLs, spanning nearly all sectors of the economy. The K factor is also referred to as the UOP K factor or just UOPK. Obviously, this list is not anywhere near exhaustive or definitive, but this should be the most comprehensive list anywhere. Depreciation is actually a reduction in the value of an asset with the passage of time, particularly due to wear and tear. A company that has either upstream or downstream operations, but not both. Or Gauge Ring (measure hole size), HAZOP – Hazard and Operability Study (meeting), HCAL – HRCC Calliper (in Logs)(in Inches), HCCS – Horizontal Clamp Connection System, HCM – Horizontal Connection Module. To connect the Xmas Tree to the Manifold, HiPAP – High Precision Acoustic Positioning, HIPPS – High Integrity Pressure Protection System, HIRA – Hazard Identification and Risk Assessment, HNGS – flasked Hostile Natural Gamma-ray Spectrometry tool, HPAM - Partially Hydrolyzed Polyacrylamide, HPHT – High-Pressure High Temperature (same as HTHP), HRLA – High-Resolution Laterolog Array (resistivity logging tool), HTHP – High-Temperature High Pressure (same as HPHT), HWDP – Heavy-Weight Drill Pipe (sometimes spelled Hevi-Wate), HUET – Helicopter Underwater Escape Training, HVAC – Heating, Ventilation and Air-Conditioning, ICoTA – Intervention and Coiled Tubing Association, ICC – Isolation Confirmation (or Control) Certificate, ICEX;IECEx – International Electrotechnical Commission System for Certification to Standards relating to equipment for use in Explosive Atmospheres (EEHA), ICSS – Integrated Controls and Safety System, ICSU – Integrated Commissioning and Start-Up, ICV – Integrated Cement Volume (of Borehole)(in Cubic Metres), ID – Inner or Internal Diameter (of a tubular component such as a, IHEC – Isolation of Hazardous Energy Certificate, IHUC – Installation, Hook-Up and Commissioning, IHV – Integrated Hole Volume (of Borehole) (in Cubic Metres), IMPP – Injection Molded Polypropylene Coating System, IOM – Installation, Operation and Maintenance Manual, ISFP – ISF Sonic True Vertical Depth Playback Log, ISFPB – ISF True Vertical Depth Playback Log. MSI – Mechanical and Structural Inspection, MSIP – Modular Sonic Imaging Platform (Sonic Scanner), MT – Motor Temperature; DMT Parameter for ESP motor, NASA – Non Active Side Arm (term used in the, NEFE – Non Emulsifying Iron Inhibitor (usually used with hydrochloric acid), NFG – 'No Fucking Good' used for marking damaged equipment, not to be confused with NG being natural gas, NGDC – National Geoscience Data Centre (United Kingdom), NGRC – National Geological Records Centre (United Kingdom), NHDA – National Hydrocarbons Data Archive (United Kingdom), NMVOC – Non-Methane Volatile Organic Compounds, NORM – Naturally Occurring Radioactive Material, NP – Non Producing well (as opposed to P – Producing well), NPSH(R) – Net Positive Suction Head (Required), NUBOP - Nipple (ed),(ing) Up Blow Out Preventer, NUMAR – Nuclear and Magnetic Resonance - Image Log see also NMR, OCTG – Oil Country Tubular Goods (oil well casing, tubing, and drill pipe), OD – Outer Diameter (of a tubular component such as, OFIC – Offshore Interim Completion Certificate, ONAN – Oil Natural Air Natural cooled transformer, ONNR – Office of Natural Resources Revenue (formerly MMS), OOE – Offshore Operation Engineer (senior technical authority on an offshore, OPITO – Offshore Petroleum Industry Training Organization, ORM – Operability Reliability Maintainability, OTIP – Operational Testing Implementation Plan, OVID – Offshore Vessel Inspection Database, P – Producing well (as opposed to NP – Non Producing), PA – Producing Asset with Exploration Potential, PACO – Process, Automation, Control And Optimisation, PADPRT – Pressure Assisted Drillpipe Running Tool, PBR – Polished Bore Receptacle (component of a, PBU – Pressure Build Up (applies to integrity testing on valves), PCCC – Pressure Containing anti‐Corrosion Caps, PCCL – Perforation Casing Collar Locator Log, PCDC – Pressure Cased Directional (Geometry i.e. MST or FMS). Proved property costs are generally depleted using the UOP method. Learn more. Economic Output The quantity of a product that a company, sector, or economy can produce over a limited period of time. What is a Gas lift? (See also Annular- APWD. Normal/Regular assets that are used i.e. Gas lifts use the artificial lift method by injecting gas into the production tubing to raise water or oil. A petroleum reservoir or oil and gas reservoir is a subsurface pool of hydrocarbons contained in porous or fractured rock formations. In that case "hook up" refers to making the connections from the well to the oil and gas separator and from the separator to either the storage tanks or … The terms upstream and downstream oil and gas production refer to an oil or gas company's location in the supply chain. A comprehensive glossary of oil and natural gas industry terms and definitions. (For BOP test). The oil & gas industry is broken down into three segments: upstream, midstream, and downstream. In some cases, especially in the measurement of oil and gas, petroleum refers only to oil—a liquid hydrocarbon—and does not include natural gas or gas liquids such as propane and butane. IWOCS – Installation / Workover Control System, JVP – Joint Venture Partners/Participants, KBE – Kelly Bushing Elevation (in meters above sea level, or meters above Ground Level), KBUG – Kelly Bushing under ground (drilling up in coal mines, West Virginia, Baker & Taylor Drilling), KBG – Kelly Bushing Height above Ground Level, LDS – Leak Detection System (pipeline monitoring), LINCO – Liner and Completion Progress Report, LOA – Letter of Authorisation/Agreement/Authority, LOGGS – Lincolnshire Offshore Gas Gathering System, LOLER – Lifting Operations and Lifting Equipment Regulations, LTI(FR) – Lost Time Incident (Frequency Rate). Depletion means reduction in the number of registered quantity or its equivalent measure for a particular & identifiable thing. The term DD & A stands for Depreciation, Depletion & Amortization. ), PWV – Production Wing Valve (also known as a flow wing valve on a, RACI – Responsible / Accountable / Consulted / Informed, RAM – Reliability, Availability, and Maintainability, RCI – Reservoir Characterization Instrument (for downhole fluid measurements e.g. ), CSI – Combinable Seismic Imager (VSP) log (Schlumberger), CST – Chronological Sample Taker log (Schlumberger), D&I – direction and inclination (MWD borehole deviation survey), DDM – Derrick drilling machine (a.k.a. American Association of Petroleum Geologists, Canadian Association of Petroleum Producers, European Association of Geoscientists & Engineers, FMI – formation micro imaging log (azimuthal microresistivity), FMS – formation multi-scan log; formation micro-scan log, International Association of Drilling Contractors, International Marine Contractors Association, Independent Petroleum Association of America, National Association of Corrosion Engineers, Organization of Petroleum Exporting Countries, Petroleum Exploration Society of Great Britain, Provision and Use of Work Equipment Regulations, Surface Controlled Subsurface Safety Valve, Society of Petrophysicists and Well Log Analysts, Tubing Retrievable Surface Controlled Sub-Surface Valve, Tubing Retrievable Surface Controlled Sub-Surface Safety Valve, United Kingdom Offshore Operators Association, Wireline Retrievable Surface Controlled Sub-Surface Valve, International Association of Oil & Gas Producers, "BP names VP of offshore activities in AGT region", http://www.standard.no/PageFiles/1315/D-010r3.pdf, Bureau of Safety and Environmental Enforcement, http://www.slb.com/services/characterization/geophysics/wireline/vertical_seismic_imager.aspx, Oiltrashgear Oilfield Acronyms & Terminology, SPWLA Petrophysical Curve Names and Mnemonics, https://en.wikipedia.org/w/index.php?title=List_of_abbreviations_in_oil_and_gas_exploration_and_production&oldid=998032747, Short description is different from Wikidata, Creative Commons Attribution-ShareAlike License, 1oo2 – One out of two voting (instrumentation), 2C – Proved and probable Contingent Resources, 2oo2 – Two out of two voting (instrumentation), 2oo3 – Two out of three voting (instrumentation), 3C – three components seismic acquisition (x,y and z), 3C – Proved, probable and possible Contingent Resources, 3P – proved, probable and possible reserves, 4D – multiple 3Ds acquired over time (the 4th D) over the same area with the same parameters (, 8rd – eight round (describes the number of revolutions per inch of pipe thread), AADE – American Association of Drilling Engineers, AAPL – American Association of Professional Landmen, AAODC – American Association of Oilwell Drilling Contractors (obsolete; superseded by, ABAN – Abandonment, (also as AB and ABD and ABND), ABSA – Alberta Boilers Safety Association, ADE – Advanced Decision Making Environment, ADEP – Awaiting Development with Exploration Potential, referring to an asset, ADT – Applied Drilling Technology, ADT log, ADM – Advanced Diagnostics Module (Fieldbus), AFE – Authorization For Expenditure, a process of submitting a business proposal to investors, AGT – (2) Authorised Gas Tester (certified by OPITTO), AIPSM – Asset Integrity and Process Safety Management, AL – appraisal license (United Kingdom), a type of onshore licence issued before 1996, ALAP – as low as possible (used along with density of mud), ALC – aertical seismic profile acoustic log calibration report, ALLMS – Anchor Leg Load Monitoring System, AMS – auxiliary measurement service log; Auxiliary Measurement Sonde (temperature), APWD – annular pressure while drilling (tool), ASOG – Activity Specific Operating Guidelines, ASTM – American Society for Testing and Materials, ASCSSV – annulus surface controlled sub-surface valve, AV – annular velocity or apparent viscosity, AVGMS – Annulus Vent Gas Monitoring System, B or b – prefix denoting a number in billions, Bcf – billion cubic feet (of natural gas), Bcfe – billion cubic feet (of natural gas equivalent), BGL – below ground level (used as a datum for depths in a well), BHA – bottom hole assembly (toolstring on, BHCT – bottomhole circulating temperature, BIVDL – BI/DK/WF/Casing collar locator/gamma ray log, BLD - Bailed (refers to the practice of removing debris from the hole with a cylindrical container on a wireline. Companies in the oil … Oil and gas leases contain a royalty clause. oil phrase. Well Equipment – UOP (Unit of Production) depreciation method using the Proved Developed Reserve portion, IDC – UOP depreciation method using the Proved Developed Reserve portion, Platforms – UOP depreciation method using the Proved Developed Reserve portion, Field Facilities – UOP depreciation method using the Proved Developed Reserve portion, ARO Assets – UOP depreciation method using the Proved Developed Reserve portion, Gas Plants – Straight Line Method based on committed field of production life or particular number of years or UOP Method using the Proved Developed Reserve portion, Support Facilites – Straight Line Method based on committed field of production life or particular number of years or UOP Method using the Proved Developed Reserve portion, Deferred Tax – Respective Amortized method can be followed, Undeveloped Leasehold – Straight-line amortization method can be used over the lease term that is applicable for particular cases. In: Chalk Geoscience Workshop. This acts to lower the hydrostatic pressure at the bottom of the tubing, reducing its density. Amortization is the process of decreasing, or accounting for, an amount over a period i.e. UOP, a subsidiary of Honeywell, plans to launch a comprehensive test program for renewable jet fuel. 1. Lease Amortization, Amortization of proved reserve etc. There are five main types of fixed platform, ranging from the conventional fixed platform used at depths of up to 150m, to the tension leg platform that can be used at depths of 2000m. The gas injected is high-pressure gas by adding bubbles of compressed air and vapor. We all know by regular definitions the terms are as follows: Now we all probably agree that the meaning of all these three terms indicate similar pattern i.e. It is probably the most important part of the lease to the landowner. borehole survey) MWD tool, PCDM – Power and Control Distribution Module, PCO – Pre-commission Preparations (pipeline), PDC – Polycrystalline Diamond Compact (a type of drilling bit), PDMS – Permanent Downhole Monitoring System, PDP – Proved Developed Producing (Reserves), PDPM – Power Distribution Protection Module, PEDL – Petroleum Exploration and Development Licence (United Kingdom), introduced in the 8th Onshore Licensing Round, PEFS – Process Engineering Flow Scheme (a confusing name for P&ID), PERC – Powered Emergency Release Coupling, PEX – Platform Express toolstring (resistivity, porosity, imaging), PON – Petroleum Operations Notice (United Kingdom), PP&A - Permanent Plug & Abandon (also P&A), PPC – Powered Positioning Caliper (Schlumberger dual-axis wireline caliper tool), PPI – Post Production Inspection/Intervention, pptf – Pounds (per square inch) Per Thousand Feet (of depth) – a unit of fluid density/pressure, PSIA – Pounds Per Square Inch Atmospheric, PSSR – Pressure Systems Safety Regulations (UK), PTA/S – Pipeline Termination Assembly/Structure, PTRO – Test rack opening pressure (For a gas lift valve), PTTC – Petroleum Technology Transfer Council, United States, PU – Pick Up (tubing, rods, power swivel, etc. Let’s look at some typical example of assets involved in the Exploration & Production (E&P) Companies: How the DD&A come into application for the related assets: Generally upstream majors utilize the DD & A for their respective assets or things in a way according to their prescribed guidelines, procedures and policies. CPI – CPI log (computer-processed interpretation), CRP – common/central reference point (subsea survey), CsF – Caesium formate (coincidentally also an acronym of the sole large-scale supplier of caesium formate brine, cabot specialty fluids. What does oil expression mean? Put abbreviations that you do not know in this section. World ... (API) gravity scale. 3, Springer-Verlag, Heidelberg, 267–280. In the United States it has significantly boosted domestic oil production and driven down gas prices. UOP. In: Spencer, A.M. Oil and gas operations can be divided into upstream, midstream, and downstream operations, with the refining process taking place either midstream or downstream and the ... Oil Refinery Definition. Usually a combination of labor, equipment, and/or other support services. Landowners can have problems understanding how the royalty is determined. Definition of oil in the Idioms Dictionary. Though it differs from organization to organization however the general practice noticed in this regard are enumerated below: Let’s look at how to achieve that in SAP: Standard SAP Asset Depreciation configurations are useful (some of the important transaction codes are highlighted below) to set up the system so that DD & A can be executed as required: The configuration menu path for the UOP is as follows: Period/Year wise number of units will be entered here for respective Company Code & Depreciation Key combination. For example: Depreciation for a building or plant or machinery, vehicle etc. Let me throw some light on DD & A in this blog. SPE paper 50570, Europec; European Petroleum Conference, Vol.1, 31–43. Mostly coming from user contributions, it is contextual and is meant for indicative purposes only. Butane occurs naturally in crude oil and natural gas and is the product of a variety of refinery processes. ITT – Internal Testing Tool. RHD – Rectangular Heavy Duty - usually screens used for shaking. spectrometry, density, etc. The oil and gas industry uses many acronyms and abbreviations. However, the recovery of this gas presumes that there are the transportation […] Honeywell UOP, formerly known as UOP LLC or Universal Oil Products, is a multi-national company developing and delivering technology to the petroleum refining, gas processing, petrochemical production, and major manufacturing industries. The company's roots date back to 1914, when the revolutionary Dubbs thermal cracking process created the technological foundation for today's modern … oil definition: 1. petroleum (= the black oil obtained from under the earth's surface from which petrol comes): 2…. DG3 or DG#3 means Diesel Generator Nr 3), DGP – dynamic geohistory plot (3D technique), DHPTT – downhole pressure/temperature transducer, DL – development license (United Kingdom), a type of onshore license issued before 1996, DLL – dual laterolog (deep and shallow resistivity), DLS – dog-leg severity (directional drilling), DMRP – Density - Magnetic Resonance Porosity (wireline tool), DPDV – dynamically positioned drilling vessel, DPLD – differential pressure levitated device (or vehicle), DRLPR – drilling proposal/progress report, DSTND – dual-space thermal neutron density log, DSTPB – drill-stem test true vertical depth playback log, DTPB – CNT true vertical-depth playback log, DVT – Differential Valve Tool (for cementing multiple stages), DWOP – drilling well on paper (a theoretical exercise conducted involving the service-provider managers), ECMS – Electrical Control and Monitoring System, ECMWF – European Centre for Medium-Range Weather Forecasts, ECRD – Electrically Controlled Release Device (for abandoning stuck wireline tool from cable), EDP – Exploration Drilling Program Report, EDPHOT – Emergency Drill Pipe Hang Off Toool, EEHA – Electrical Equipment for Hazardous Areas (IECEx), ELEC TECH – Electronics Technician (See also: ETech), EMCS - Energy Management and Control Systems, EMS – Environment measurement sonde (wireline multi-caliper), ENMCS – Electrical Network Monitoring and Control System, EPCM/I – Engineering Procurement Construction & Management/Installation, EPCU – Electrical Power Conditioning Unit, EPIDORIS – Exploration and Production Integrated Drilling Operations and Reservoir Information System, ESHIA – Environmental, Social and Health Impact Assessment, ESIA – Environmental and Social Impact Assessment, ETECH – Electronics Technician (See also: Elec Tech), EUE – External-upset-end (tubing connection), EWMP – Earthworks/Electrical Works/Excavation Works Management Plan, EXL – or XL, Exploration Licence (United Kingdom), a type of onshore licence issued between the First Onshore Licensing Round (1986) and the Sixth (1992), EZSV – Easy Sliding Valve (drillable packer plug), FEWD – formation evaluation while drilling, aFLET – Actuated Flowline End Termination, FMECA – failure modes, effects, and criticality analysis, FOET – Further Offshore Emergency Training, FOSA – Field Operating Services Agreement, FPDM – fracture potential and domain modelling/mapping, FPLP-Freshman Petroleum Learning Program(Penn State). 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