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Oil & gas

Terms concerning oil and gas as a fossil fuel and natural resource.

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Oil & gas > Oilfield

spillage

Oil & gas; Oilfield

An accidental release of oil, or another liquid.

plateau level

Oil & gas; Oilfield

The level of peak production reached by an oil or gas field, it is always followed by declining levels of production.

sector

Oil & gas; Oilfield

An area of the continental shelf in which the mineral rights belong to one particular state.

syncline

Oil & gas; Oilfield

A tectonic structure in which strata are folded so as to form a dip or bowl (i e concave on top).

salt pillow

Oil & gas; Oilfield

a mass of salt that has risen up under overlying formations, causing them to bulge upwards, but which has not actually broken through

salt column

Oil & gas; Oilfield

a column of salt which has broken through overlying formations

development phase

Oil & gas; Oilfield

the phase in which a proven oil or gas field is brought into production wells