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  2. Gas/oil ratio - Wikipedia

    en.wikipedia.org/wiki/Gas/oil_ratio

    When oil is produced to surface temperature and pressure it is usual for some natural gas to come out of solution. The gas/oil ratio (GOR) is the ratio of the volume of gas ("scf") that comes out of solution to the volume of oil — at standard conditions. In reservoir simulation gas/oil ratio is usually abbreviated .

  3. List of abbreviations in oil and gas exploration and production

    en.wikipedia.org/wiki/List_of_abbreviations_in...

    TGOR – total gas oil ratio (GOR uncorrected for gas lift gas present in the production fluid [citation needed]) TH – tubing hanger; THCP – tubing hanger crown plug; Thr/Th# – thruster ('#'- means identification letter/number of the equipment, e.g. thr3 or thr#3 means "thruster no. 3" [citation needed]) THD – tubing head; THERM ...

  4. Oil and gas reserves and resource quantification - Wikipedia

    en.wikipedia.org/wiki/Oil_and_gas_reserves_and...

    Flaring a flow test, the first outward indication of a new oil or gas discovery, which has the potential to qualify for reserves assessment. Oil and gas reserves denote discovered quantities of crude oil and natural gas (oil or gas fields) that can be profitably produced/recovered from an approved development. Oil and gas reserves tied to ...

  5. Reserves-to-production ratio - Wikipedia

    en.wikipedia.org/wiki/Reserves-to-production_ratio

    The reserves-to-production ratio is the most widely quoted of the key indicators used in the oil and gas industry. It has a certain strategic significance for companies, which try to keep the value reasonably constant at approximately 10 years. A ratio which falls too low indicates a company in poor health.

  6. List of countries by oil production - Wikipedia

    en.wikipedia.org/wiki/List_of_countries_by_oil...

    The volumes in the table represent crude oil and lease condensate, the hydrocarbon liquids collected at or near the wellhead. The volumes in this table does not include biofuel, refinery gain (the increase in liquid volumes during oil refining), or liquids separated from natural gas in gas processing plants (natural gas liquids). [1]

  7. Energy return on investment - Wikipedia

    en.wikipedia.org/wiki/Energy_return_on_investment

    The issue is still subject of numerous studies, and prompting academic argument. That's mainly because the "energy invested" critically depends on technology, methodology, and system boundary assumptions, resulting in a range from a maximum of 2000 kWh/m 2 of module area down to a minimum of 300 kWh/m 2 with a median value of 585 kWh/m 2 according to a meta-study from 2013.

  8. Can the 8 Worst-Performing Dow Jones Stocks in 2024 Beat the ...

    www.aol.com/8-worst-performing-dow-jones...

    Despite operating in the cyclical and sometimes volatile oil and gas industry, Chevron has 37 consecutive years of dividend increases and a sizable yield of 4.1%. So right off the bat, it stands ...

  9. Black-oil equations - Wikipedia

    en.wikipedia.org/wiki/Black-oil_equations

    The term black-oil refers to the fluid model, in which water is modeled explicitly together with two hydrocarbon components, one (pseudo) oil phase and one (pseudo-)gas phase. This is in contrast with a compositional formulation, in which each hydrocarbon component (arbitrary number) is handled separately.