Glossary
Term | Definition |
---|---|
Barrel (BBL) | A unit of measurement commonly used in quoting liquid hydrocarbon volumes.
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Basin | A depression in the earth's surface containing relatively thick deposits of sedimentary rocks. |
BCF | Billion cubic feet, or 28.317 cubic meters. A unit commonly used in quoting volumes of natural gas. |
BCFG | Billion cubic feet of gas. |
Behind pipe | A productive reservoir which is isolated from the well bore by the casing. |
BHL | Bottom hole location. |
BO | Barrel of oil. |
BOE | Barrel of oil equivalent. Used when converting oil and gas into an equivalent unit of volume. Typically, a figure of 6000 CFG per BBLO is used. |
BOPD | Barrels of oil per day, a unit commonly used to describe daily rates of liquids production from a flowing well. |
BTU | British Thermal Unit. A unit index of energy content in gas. |