Volatility; Price volatility of oil or gas; Crude oil prices were extremely volatile as the options contract expired; Fuel price shocks

There has been an increase volatility in oil and gas prices (namely prices moving up and down). In theory, after periods of volatility, commodity markets should eventually revert to a price that reflects fundamentals of supply and demand because they are underpinned by raw materials. If buyers do not emerge when prices are high, a …

Washover pipe

An accessory used in fishing operations to go over the outside of tubing or drill pipe stuck in the hole because of cuttings, mud, and so forth, that have collected in the annulus. The washover pipe cleans the annular space and permits recovery of the pipe. It is sometimes called washpipe.

Water quality

An assessment of the physical, chemical and biological characteristics of water, especially how they relate to the suitability of that water for a particular use. Power stations, especially coal stations require a lot of water for cooling purposes

Water vapor dewpoint; Water dew-pointing; Water dewpointing in natural gas

Dew point is defined as the temperature at which vapor begins to condense. Dewpointing removes the liquid vapors from the gas to prevent the formation of slug in the pipeline Water dew-point is to prevent the condensation and accumulation of water at low points in the pipelines. The water dew-point specification is usually achieved by …

Wave power, wave energy, wave power devices

Wave power devices extract energy directly from the surface motion of ocean waves or from pressure fluctuations below the surface. Wave power varies considerably in different parts of the world, but wave energy can not yet be harnessed effectively everywhere. Wave-power rich areas of the world include the western coasts of Scotland, northern Canada, southern …