Glossary of Terms 


A glossary of terms from the oil and gas industry.

2D Two dimensional seismic
3D Three dimensional seismic
API  American Petroleum Institute
bbls Barrels
bcf Billion cubic feet
bcfpd Billion cubic feet per day
bcm Billion cubic metres
bcma Billion cubic metres per annum
bcpd Barrels of condensate per day
boe 

Barrels of oil equivalent         

boepd  Barrels of oil equivalent per day
bopd Barrels of oil per day
bpd   Barrels per day
Btu       British thermal units
CAGR Compound Average Growth Rate
CATS Central Area Transmission System
CCGT Combined Cycle Gas Turbine
CNG Compressed Natural Gas
cm Cubic metre
CPP Central Processing Platform
DCQ Daily Contracted Quantity
DTI   Department of Trade and Industry
E&A Exploration and Appraisal
E&P Exploration and Production
ECMA East Coast Marine Area
EPC Engineering Procurement Construction
EPSA Exploration & Production Sharing Agreement
EWT Extended Well Test
F&D Finding and Development costs
FEED Front End Engineering and Design
FPSA Final Production Sharing Agreement
FPSO Floating Production Storage and Offloading
GW Gigawatts
GWh Gigawatt hours
GIIP Gas Initially In Place
GOR Gas Oil Ratio
GSA Gas Sales Agreement
HIIP Hydrocarbons initially in place
HPHT High pressure high temperature
LNG Liquefied Natural Gas
LPG Liquid Petroleum Gas
mmbbls Million barrels
mmboe Million barrels of oil equivalent
mmbopd Million barrels of oil per day
mmbtu  Million British thermal units
mmcmd Million cubic metres per day
mscfd Million standard cubic feet per day
mtpa  Million tonnes per annum
mmscm Million standard cubic metres
MoA Memorandum of Agreement
MoU Memorandum of Understanding
MW Megawatt
MWh Megawatt hours
NGL Natural Gas Liquids
NGV Natural Gas Vehicle
normal bcm Billion cubic metres of gas at zero degrees Celsius and at an absolute pressure of 1.01325 bar
NCMA North Coast Marine Area
PPA Power Purchasing Agreement
PSC/PSA Production Sharing Contract / Production Sharing Agreement
scf/stb Standard cubic feet per stock tank barrel
T&D Transmission and Distribution
tbtu Trillion British thermal units
tcf  Trillion cubic feet
tpa Tonnes per annum
WHP Well Head Platform

 

 

 

                   

                 

                   

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