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Glossary

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Termen Descriere
Barite

A sulphate of barium used to add weight to drilling fluids.

Barrel

Unit of measurement consisting of 42 gallons of oil or other fluid.

Bentonite

A type of clay often added to drilling fluid because of its swelling properties when added to water.

Bit

The cutting part of the drilling equipment.

Blowout

When downhole pressure overcomes the weight of drilling fluid and rises in a well to the surface out of control. An underground blowout is where the overpressuring enters another formation higher in the well, but before it reaches the surface.

Blowout preventer

A system of valves and rams set in a well which can be closed successively to counteract the uncontrolled rise of oil or gas from a reservoir below.

BOE

Barrels of oil equivalent. A figure used when expressing the combined volume of oil and gas reserves.

INTERNATIONAL NEWS

Argentina: President...

AIM-listed President Energy has provided an update on its frac operations at the Puesto Flores field, Rio Negro Province, Argentina.

Australia: APPEA...

The release of the Western Australian Government’s implementation plan for WA’s hydraulic fracturing inquiry is a step in the right direction and...

Seabed Geosolutions...

Seabed Geosolutions has been awarded a 4D ocean bottom node (OBN) monitor survey in West Africa for a major oil company.
LOCAL NEWS

Project of National...

Romanian Government has passed a decision under which the Pojorata-Vatra Dornei gas transmission...

Energy companies must...

Expansion of IT and digitalization systems incite more and more cyber security risks, says...

GFR Extends the...

GFR announces the issuance of the first electronic consignment notes for the OMV Petrom railway...
OIL & GAS CHARTS