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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
unconformity trap
Oil & gas; Oilfield
A trap in which the escape of hydrocarbons is prevented by impervious rocks unconformably overlying the reservoir.
salt pillow trap
Oil & gas; Oilfield
A form of anticlinal trap produced by a pillow of salt forcing the overlying rocks upwards into a dome.
fault trap
Oil & gas; Oilfield
A trap where a reservoir layer is faulted and brought against an impervious formation.
landed price
Oil & gas; Oilfield
The actual cost of oil to a refiner, taking into account all costs from the place of production or purchase to the refinery.
exploration phase
Oil & gas; Oilfield
The phase of operations in which a company searches for oil or gas by carrying out detailed geological and geophysical surveys followed up where appropriate by exploratory drilling in the most ...
stratigraphic trap
Oil & gas; Oilfield
A trap formed at the time the sediments containing it were actually laid down rather than by subsequent tectonic processes.
