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Oilfield
Oilfield refers to a region with an abundance of oil wells extracting petroleum from below the ground.
Industry: Oil & gas
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Oilfield
conservation
Oil & gas; Oilfield
Regulation of oil and/or gas production from a reservoir in order to prolong its life and hopefully recover a larger quantity of the oil or gas in place, reinjection of associated gas for future use.
depletion control
Oil & gas; Oilfield
A restriction imposed on the rate at which oil and gas reserves can be depleted, i e from reservoir.
rotliegendes
Oil & gas; Oilfield
Formations laid down during the first part of the Permian Period in which natural gas fields are sometimes found.
license block
Oil & gas; Oilfield
A section of continental shelf area in a particular national sector bounded by latitude and longitude lines, generally at one-degree intervals, a license block is usually sub-divided into smaller ...
exploration license
Oil & gas; Oilfield
A license to explore for oil or gas in a particular area issued to a company by the governing state.
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