05.07.2009

A pipeline that receives natural gas or oil from another pipeline at some specific connection point

Downhole is used to describe tools, equipment and instrumentation which are used in the wellbore. Downhole can also be applied to the conditions or techniques applying to the well

A valve fitted into the production tubing of a well some distance below the surface. The valve can be closed in an emergency to stop the flow of oil and gas.

A term used to describe tools, equipment, and instruments which are run into the borehole. Also pertains to techniques, processes, and conditions which apply to the wellbore and its environment

Located down the slope of a dipping plane or surface. In a dipping (not flat-lying) hydrocarbon reservoir that contains gas, oil and water, the gas is updip, the gas-oil contact is downdip from the gas and the oil-water contact is still further downdip

Two lengths of pipe being welded together prior to being lowered into the firing line

Refers to the notion that environmental taxes can both reduce pollution (the first dividend) and reduce the overall economic costs associated with the tax system by using the revenue generated to displace other more distortionary taxes that slow economic growth at the same time (the second dividend).

Two lengths or joints of pipe joined together

Fourth largest LPG company in Israel that controls 30% of the industrial market and 5% of the household market