- 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.
One of several reservoir drive methods including volumetric, depletion, gravity, gas cap, solution gas expansion, water drive, etc.
Industry:Oil & gas
One of several steel compositions for tubing that uses chromium for increased resistance to CO2.
Industry:Oil & gas
One of several strings of steel pipe in a well design that, together with cement, forms a barrier to fluid movement along the drilled hole. It is commonly at least partly cemented in the wellbore.
Industry:Oil & gas
One of several techniques used to break the rock in the near well area. It was an early stimulation method. Fractures formed in this method are short. Although still used, its best application is in perf breakdown and overcoming some near well damage.
Industry:Oil & gas
One of several tubing configurations designed to reduce heat loss from the produced fluids.
Industry:Oil & gas
One of the artificial lift methods that uses gas injected down the annulus and interspersed into the flowing fluids in the tubing to lessen the density and to assist in vertical flow by gas expansion.
Industry:Oil & gas
One of the hydraulically actuated rams in a blow out preventer (blind, shear, pipe or slip).
Industry:Oil & gas
One of the liberalized methods of computing depreciation (normally used for tax purposes). Under this method, the depreciation rate is stated as a fixed percentage per year and the annual charge is derived by applying the rate to the net plant balance, which is determined by subtracting the accumulated depreciation reserve (From AGA).
Industry:Oil & gas
One of the liberalized methods of computing depreciation, normally used for tax purposes. Under this method, the annual deduction is derived by multiplying the cost of the property less estimated net salvage, by the estimated number of years of service life remaining, and dividing the resultant product by the sum of all the digits would be 25+24+23+22+ etc. +5+4+3+2+1 or 325. A simple way to compute this figure would be to multiply the number of years by the number of years plus one and divide by 2, i.e., (25 X 26): 2 = 325. The first year's full depreciation deduction would be 25/325ths; the second year's would be 24/325ths, etc., of the cost of the property.
Industry:Oil & gas
One of the many forms of the barium sulfate mineral. The BaSO4 material is used in drilling mud as a weighting agent and can produce a slurry of over 20 lb/gal in water.
Industry:Oil & gas
