Category: Oil and Gas business

Compression is utilized to enhance production from low pressure gas reservoirs. Compression is also used extensively in gas processing operations to aid in the recovery of natural gas liquids

Typically, in an LNG contract this is a period of twelve consecutive months beginning on the first day of October and ending on the thirty-first day of September. The October-September year allows buyers to avoid the risk of supply disruption that would follow from a supply contract expiring in the middle of winter in the northern hemisphere. Nevertheless, “contract year” in some new LNG contracts has also been specified as running from the first day of January until the thirty first day of December

The second producing well in a new field under production to confirm the presence of hydrocarbons. A well drilled to “prove” the formation encountered by an exploratory well. >

The representative of the oil company or operator on a drilling location.

Since gases are compressible, this is a mechanical device that increases the pressure of gas by reducing its volume and thus helping its transmission through a pipe

Conformity refers to parallel strata that have undergone a similar geologic history, deposited in succession without interruption

Oil that contains less than 1% sediments and is clean enough to transmit in the pipeline

In Egypt a commercial gas well is one that is defined as capable of flowing at 30,000,000 scfd (30 million standard cubic feet of gas per day) (does not have to flow). If EGPC agree flow rate, developer can declare Commercial Discovery within 30 months.

Remove sand, scale and other deposits from the producing section of the well to restore or increase production.