The drilling of test wells for the purpose of finding petroleum, or ascertaining the size or boundaries of a petroleum field; any other operation in search for petroleum, including geological, geophysical, geochemical and like investigations and tests and drilling solely for obtaining geological information
This term applies to ground that is continuously at a temperature below 32 degrees for more than two years. Very common in Alaska and Siberia.
Used in the identification of petroleum source rocks by evaluating their textural characteristics
Natural gas from storage to supplement deliveries during times of peak periods. LNG peak shaving facilities have a regasification unit attached, but may or may not have a liquefaction unit. Facilities without a liquefaction unit depend upon tank trucks to bring LNG from nearby sources.
Brazil’s state-controlled oil company
Thailand’s only fully-integrated gas company having a leading position in the marketing and trading of various crude oil, refined petroleum products. In addition, through interests in associated companies, PTT has invested in Thailand’s petrochemicals and refining industries. Primary business activities include exploration, development and production of natural gas, condensate and crude oil through its subsidiary PTTEP (PTT Exploration and Production). At the end of 2007 PTT bought 25% of EMG’s shares for approximately $490 million
Living or growing near the surface of the ocean; Marine sediments derived from floating organic matter (e.g., plankton) that accumulates on the seafloor; Pelagic sediments are ocean sediments that accumulates far enough from land that detrital materials are a minor component. These sediments are largely composed of tiny shell debris
Means the land and all geologic formations underlying it beneath which is a known accumulation of petroleum capable of being produced in commercial quantities
