05.07.2009

An annualized measure of the fluctuation in the price of a futures contract

A general term replacing hydrocarbons when referring, for example, to discharges into the atmosphere, since some organic compounds being emitted may contain elements in addition to hydrogen and carbon. Most originate from transport operations and solvent use.

(Carry out a detailed head space of volatile organic compounds)

A measure of the resistance of a fluid to flow.  Resistance is brought about by the internal friction resulting from the combined effects of cohesion and adhesion.  The viscosity of petroleum products is commonly expressed in terms of the time required for a specific volume of the liquid to flow through a capillary tube of a specific size at a given temperature.

An instrument used for measuring the viscosity and flow properties of fluids

Visualization of seismic surveys have been taken to a new level with the advent of virtual reality rooms, allowing 3D subsurface images to be displayed on large screens and to be viewed from almost any angle. Different development options, such as the impact of various drilling targets, can be simulated. Much of the benefit of this approach stems from the fact that communication and understanding are greatly enhanced when multi-discipline teams meet whilst “immersed” in such an environment.