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Marianna Consultants
Oil and Gas Royalty Management Services
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Glossary
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b
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e
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r
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a
Acre
Assignee
Assignee
Assignment
Assignor
b
Barrel
Basin
Bcf
Bcfe
boe
boepd
bopd
Borehole
British thermal unit
Btu
c
Casing
Ccf
cf
Christmas tree
Compressor station
Condensate
Conveyance
Core sample
Cracker plant
Crude oil
Cubic foot
d
Decatherm
Decline curve
Delay rental
Directional drilling
Distribution line
Division order
Drill bit
Drill pipe
Drill string
Drilling rig
Dry gas
Dry hole
Dth
e
Ethane cracker
f
Flowline
Fracking
g
Gas field
Gas in place
Gathering line
h
HBP
Held By Production
Horizontal well
Hydraulic fracturing
Hydrocarbon
i
Injection well
k
Kick-off point
l
Lease bonus
Lessee
Lessor
m
Mbbl
Mboe
Mcf
Mcfe
Metering station
MMboe
MMBtu
MMcf
MMcfe
n
Natural gas
Natural gas liquids
NGLs
o
Oil and gas lease
Oil field
Oil in place
Operator
ORRI
Overriding royalty interest
p
Paid-up lease
Payzone
Permeability
Petroleum
Pipeline
Porosity
Possible reserves
Probable reserves
Processing plant
Producing well
Proven reserves
Pugh clause
r
Recoverable reserves
Refinery
Reservoir
Royalty
Royalty owner
s
Service pipeline
Shut-in well
Spudding
t
Tcf
Tcfe
Therm
Transmission line
u
Undivided interest
v
Vertical well
w
Wellhead
WI
Wildcat well
Working interest