05.07.2009
A well that is currently producing and selling petroleum to the market
A well that is currently producing and selling petroleum to the market
Surplus of crude oil and/or gas due to either falling demand or additional sources. In September 2008 OPEC’s president Chakib Khelil said the group was worried about a glut in oil
The vertical height (thickness) of an oil accumulation above the oil-water contact
Mud which is obtained from an oil such as from diesel oil
Estimation of the stability of a pipeline on the sea floor