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An API well number or API number is a "unique, permanent, numeric identifier" assigned to each well drilled for oil and gas in the United States. [1] The API number is one of many industry standards established by the American Petroleum Institute. Custody of the API Number standard was transferred in 2010 to the PPDM Association.
API also defines and drafts standards for measurement for manufactured products. Crude Oil Data Exchange (CODE) is the electronic business standard as of 1978. API RP 500 and RP 505 classify the locations for electrical equipment in hazardous areas. [14] [15] API has entered petroleum industry nomenclature in a number of areas: API gravity, a ...
APD – application for permit to drill; API – American Petroleum Institute: organization which sets unit standards in the oil and gas industry °API – degrees API (gravity of oil) APPRE – appraisal report; APS – active pipe support; APWD – annular pressure while drilling (tool) [5] ARACL – array acoustic log; ARESV – analysis of ...
An automated drill rig (ADR) is an automated full-sized walking land-based drill rig that drills long lateral sections in horizontal wells for the oil and gas industry. [8] ADRs are agile rigs that can move from pad to pad to new well sites faster than other full-sized drilling rigs. Each rig costs about $25 million.
The Schramm T685 WS truck mounted drill bored a 5.5 inches (14 cm) hole that, on 22 August 2010, was the first to break through to the 33 trapped men, confirming they had survived the accident. [9] The company also manufactured the T130XD air core drilling rig owned by Geotec S.A., a Chilean-American joint venture drilling company.
The contract is a business arrangement for exploration of the oil field between the licensor, (the mineral rights owner, onshore in United States often the land owner, elsewhere often the state possesses the ownership of mineral rights including petroleum reservoirs) [citation needed] and a licensee to share investment costs, operational costs ...
Drill bit (#26) is a device attached to the end of the drill string that breaks apart the rock being drilled. It contains jets through which the drilling fluid exits. Drill floor (#21) is the area on the rig where the tools are located to make the connections of the drill pipe, bottom hole assembly, tools and bit. It is considered the main area ...
NOV Inc., formerly National Oilwell Varco, is an American multinational corporation based in Houston, Texas.It is a worldwide provider of equipment and components used in oil and gas drilling and production operations, oilfield services, and supply chain integration services to the upstream oil and gas industry.