05.07.2009
The balancing between the amount of gas that is used by consumers and the amount of gas that is put into the system by the gas producers. The safety of the system depends upon its consistent balancing.
Baker Hughes provides the worldwide oil and natural gas industry products and services for drilling, formation evaluation, completion and production. BH creates value for oil and gas producers by providing practical and reliable technology to find, develop, produce and manage oil and gas reservoirs. Baker Hughes operates in over 90 countries worldwide providing products and services to international oil companies, independent oil and gas companies and national oil companies
A long, cylindrical container fitted with a valve at its lower end, used to remove water, sand, mud, drilling cuttings, or oil from a well in cable-tool drilling.
Power that the utility energy provider can, and often must, make available to consumers when their primary source of energy is not available. Without back-up service from the utility providing power, retail customers would either need to maintain their own energy generation facilities or be at the mercy of a limited and possibly uncertain supply of energy
The person who holds one length of pipe while another length is being screwed into or out of it.
Secondary type of fuel used in a power station if for any reason the primary source of fuel is not available.
An interest in a well that becomes effective at a specified time in the future, or on the occurrence of a specified event in the future
Backhaul voyages occur when cargo is moved on the return leg of a journey. As charter rates incorporate the return ballast leg of a journey, backhaul opportunities represent an opportunity for supplementary income for tanker owners. For example, a vessel could load in West Africa and head East on its return from a laden voyage from the Arabian Gulf to Europe or the US