Explore the new Oilfield Glossary

Look up terms beginning with:

production

1. n. [Geology]

The phase that occurs after successful exploration and development and during which hydrocarbons are drained from an oil or gas field.

See: appraisaldevelopmentexplorationlicensing roundretrograde condensationscoutscout ticketsubsalttime-lapse seismic dataunderpressurevirgin pressure

2. n. [Geophysics]

A measure of the efficiency of seismic acquisition. Production can be expressed in terms of the number of lines, shots or lengths (km or miles) of data acquired in a given time.

Share This