Home / Oil & Gas Terms Oil & Gas Terms A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Oil & Gas Terms - A Abandoned Well Acre Feet Aggregate Pay Laws Allowable Oil Allowable Gas Allowable Api Number Assignment Associate Reservoir Back to top ^ Oil & Gas Terms - B Bank Draft Barrel Bbl Basic Sediment And Water Bs And W Bcf Blowout Preventor Bp Bopd Bottom Hole Pressure Bhp Brine British Thermal Unit Btu Btu Factor Back to top ^ Oil & Gas Terms - C Casing Casinghead Gas Check Meter Christmas Tree Wellhead Co2 Commercial Well Aka Producing Well Commodities Commodity Prices Completion Compression Condensate Lease Condensate Contiguous Tract Cost Depletion Crude Oil Cubic Foot Of Gas Standard Cubic Foot Of Gas Curative Back to top ^ Oil & Gas Terms - D D And A Decline Curve Decline Rate Defects In Title Dehydration Delay Rental Depletion Depletion Allowance Developmental Well Direct Participation Discovery Well Dissolved Gas Division Order Division Order Title Opinion Downstream Drill Bit Drill String Drilling Mud Drilling Fluid Drilling Rig Dry Gas Dry Hole Back to top ^ Oil & Gas Terms - E Easement Electric Log Escheated Executive Rights To Minerals Exploratory Well Exponential Decline Extraction Loss Back to top ^ Oil & Gas Terms - F Farm In Farmout Field Rules Field Run Ticket Field Wide Unit First Purchaser First Right Of Refusal Flush Production Forced Pooling Or Force Pooled Formation Fracking Hydraulic Fracturing Fracture Fracing Frac Job Free Water Knockout Fresh Water Fuel And Shrinkage Back to top ^ Oil & Gas Terms - G Gas Lift Gas Oil Ratio Gor Gatherer Gathering Line Geophone Grantee Gun Barrel Separator Back to top ^ Oil & Gas Terms - H Harmonic Decline Held By Production Hbp Henry Hub Horizontal Drilling Horizontal Pugh Clause Hydraulic Fracturing Fracture Fracing Fracking Frac Job Hydrocarbon Hyperbolic Decline Back to top ^ Oil & Gas Terms - I Independent Producer Infill Drilling Initial Production Ip Injection Well Intangible Drilling Costs Idc Interest Intestate Death Back to top ^ Oil & Gas Terms - L Land Brokerage Company Land Department Landman Petroleum Landman Lease Lease Automatic Custody Transfer Unit Lact Unit Lease Bonus Lessee Lessor Back to top ^ Oil & Gas Terms - M Mcf Mcfe Mineral Lease Mineral Owner Mineral Rights Mineral Title Mmbtu Mmcf Back to top ^ Oil & Gas Terms - N Natural Gas Liquids Ngl Net Revenue Interest Nri Non Participating Royalty Interest Non Producing Mineral Owner Back to top ^ Oil & Gas Terms - O Oil & Gas Abbreviations Oil And Gas Field Oil And Gas Mineral Lease Oil Gravity Oil Well Operating Expense Operator Overriding Royalty Interest Orri Back to top ^ Oil & Gas Terms - P P And A Or Plug And Abandon Paid Up Lease Participating Royalty Interest Percentage Depletion Perforations Permeability Play Pooled Unit Porosity Possible Reserves Pounds Per Square Inch Psi Primary Term Probable Reserves Processing Plant Producer Producing Mineral Interests Producing Mineral Owner Progressing Or Progressive Cavity Pump Proration Unit Proven Reserves Pugh Clause Pumper Lease Operator Gauger Back to top ^ Oil & Gas Terms - Q Qualified Intermediary Back to top ^ Oil & Gas Terms - R Ratification Recompletion Regulatory Agency Reserve Pit Mud Pit Reservoir Reservoir Engineering Residue Gas Revenue Statement Royalty Royalty Interest Royalty Percentage Royalty Statement Back to top ^ Oil & Gas Terms - S Salt Water Disposal Well Swd Secondary Recovery Sedimentary Rock Separator Severance Severance Tax Severed Minerals Shut In Royalty Sight Draft Sour Gas H2s Spot Market Stripper Well Structural Trap Substandard Acreage Surface Casing Surface Estate Surface Owner Surface Rights Suspended Funds Swab Swabbing Sweet Gas Back to top ^ Oil & Gas Terms - T Three 3 D Seismic Three Dimensional Seismic Three Phase Separator Title Abstract Title Curative Top Lease Transporter Tubing Back to top ^ Oil & Gas Terms - U Underproduction Undeveloped Acreage Unitization Unitization Agreement Unit Agreement Upstream Back to top ^ Oil & Gas Terms - V Vertical Pugh Clause Viscosity Back to top ^ Oil & Gas Terms - W W 9 Waterflood Waterflooding Well Site Wildcat Working Interest Wi Workover Back to top ^