Namely a company that is considering investing in developing an LNG project will base his economic feasibility study on his belief that he will be doing this in a scenario where oil cost $90 a barrel (and thus he will be able to sell his liquefied natural gas at a price based on this price)
To complete a well and put it on producing status
A vessel used to bury pipeline beneath the seafloor. The barge moves itself forward by means of anchors. A jet sled is lowered over the pipeline, and as the barge pulls it over the pipe, high-pressure jets of water remove soil from beneath the pipe, allowing the pipe to fall into the jetted-out trench.
The theoretic production capacity of a gas field per day
The term refers to an oil or gas accumulation that has matured to a production plateau or even progressed to a stage of declining production.
A pipe fitting on which the external thread is larger than the internal thread to allow two pipes of different sizes to be connected. (2) A removable lining or sleeve inserted or screwed into an opening to limit its size, resist wear or corrosion, or serve as a guide.
Calorific value (CV) is a measure of heating power and is dependent upon the composition of the gas. The CV refers to the amount of energy released when a known volume of gas is completely combusted under specified conditions. The CV of gas, which is dry, gross and measured at standard conditions of temperature and pressure, is usually quoted in megajoules per cubic meter (MJ/m3). Knowledge of the CV of natural gas is an essential part of a transmission system’s activities as this information is used to determine the amount of energy transported and thus CV information is usually provided daily to gas shippers and suppliers, which is then used to bill gas consumers. The data is also used to determine transportation charges for gas shippers and suppliers. The CV of natural gas is measured continually using process gas chromatographs. Process gas chromatographs separate natural gas into its constituent compounds (i.e. methane, ethane, carbon dioxide, etc.) and measure the amount of each in the gas.
System that utilizes electromagnetic waves during pipelaying to signal collapse of or deformations to pipeline laid
A crust of coarse sediments or weathered soil rich in calcium carbonate. It forms when lime-rich groundwater rises to the surface by capillary action and evaporates into a crumbly powder, forming a tough, indurated sheet called calcrete. Caliche typically occurs in desert or semi-arid areas. Of particular concern to geophysicists is the difficulty in acquiring good seismic data when shooting through a layer of caliche
The process of adjusting a measurement to a certain standard so that copies of the same type of logging tool will read the same
