The transmission of electricity by an entity that does not own or directly use the power it is transmitting. Wholesale wheeling is the sale and delivery of energy among buyers and sellers in the wholesale market, whereas retail wheeling allows power producers direct access to retail customers
Field discovered in Australia in 2004 by Chevron (100% interest) with estimated reserves of 5-10 trillion cubic feet (142-283 billion cubic meters). Wheatstone-2 appraisal well was drilled end 2007. Chevron has said they intend developing the field as a 100% liquefaction field producing 5 mtpa of LNG
Wet scrubbers are the most widespread method to remove sulfur dioxide in the flue gas desulfursation system and can be up to 99% effective. A mixture of limestone and water is sprayed over the flue gas and this mixture reacts with the SO² to form gypsum (a calcium sulphate), which is removed and used in the construction industry. See also flue gas desulfurization system
Oil that contains basic sediments and water
A physical barrel of crude oil or refined product as opposed to a “paper barrel.”
Natural gas containing liquid hydrocarbons – commonly condensate
Reservoir rock that contains water but not hydrocarbons
BG Group is the operator of two gas-producing areas offshore the Nile Delta – the Rosetta concession and the West Delta Deep Marine (WDDM) concession comprising the producing Scarab, Saffron, Simian, Sienna and Sapphire fields, and the Serpent, Saurus, Sequoia, Solar, Sienna Up, Mina and Silva discoveries
The value at the mouth of the well. In general, the wellhead price is considered to be the sales price obtainable from a third party in an arm’s length transaction. Posted prices, requested prices, or prices as defined by lease agreements, contracts, or tax regulations should be used where applicable. Natural gas price may be measured at different stages of the supply chain and the first price is the wellhead price
