Category: Oil and Gas business

Part of hazard analysis for LNG terminals and shipping. Federal siting standards in the US require the computer modeling of such hazards to help decide upon issues such as remote siting and other LNG site standards.

French petroleum company. One of the world’s largest integrated oil companies, it explores for, develops, and produces crude oil and natural gas; refines and markets oil; and trades and transports both crude and finished products. Operating in more than 130 countries, the company has reserves of 11.1 billion barrels of oil equivalent. The company operates in three segments: Upstream, Downstream, and Chemicals. The Upstream segment engages in the exploration, development, and production of oil and natural gas. It also involves in the marketing, trading, transport, and storage of natural gas and liquefied natural gas (LNG), LNG re-gasification, and the maritime transport and trading of liquefied petroleum gas. This segment also engages in power generation from gas-fired combined-cycle plants and renewable energies; trading and marketing of electricity; and production and marketing of coal. >

A technique used by geophysicists to measure and display the three-dimensional distribution of velocity or reflectivity of a volume of the Earth by using numerous sources and receivers. Variations in velocity can be attributed to changes in properties of rocks. Tomographic techniques have been used to construct maps of the Earth’s interior, deep in the mantle, as well as for mapping the shallow subsurface by borehole tomography

Second-in-command of a drilling crew under the drilling superintendent. Responsible for the day-to-day running of the rig and for ensuring that all the necessary equipment is available

To target depth to drill the well

A well that has been temporarily shut in but not plugged, thus with the intention of re-working it some day. The act of isolating the completed interval or intervals within a wellbore from the surface by means of a cement retainer, cast iron bridge plug, cement plug, tubing and packer with tubing plug, or any combination thereof

The third stage of hydrocarbon production during which more sophisticated techniques are used. Tertiary oil recovery can begin after a secondary recovery process or at any time during the productive life of an oil reservoir. Its purpose is to restore formation pressure and to improve oil displacement or fluid flow in the reservoir

Gas used to fuel the transmission system itself

LNG maximum volume to be unloaded and vaporized on a given terminal, expressed in TWh/year or TWh/month over a given period, under the conditions described in a terminal access contract. The reservation of this access capacity includes the providing of the following services: reception of the tankers sent by the shipper at the terminal’s berth; unloading of cargoes; storage of unloaded LNG; vaporization of unloaded LNG; send-out of vaporized LNG.