Week 8 - Chapter 14 Flashcards

1
Q
  • crude oil
A
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2
Q
  • hydrocarbons
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3
Q
  • petroleum
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4
Q
  • source rock
A
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5
Q
  • reservoir
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6
Q
  • API gravity
A
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7
Q
  • sulfur content
A
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8
Q
  • associated gas
A
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9
Q
  • condensates
A
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10
Q
  • natural gas liquids (NGLs)
A
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11
Q
  • benchmarks
A
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12
Q
  • cartel
A
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13
Q
  • upstream
A
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14
Q
  • concession
A
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15
Q
  • production sharing contract
A
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16
Q
  • fugitive resources
A
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17
Q
  • exploratory wells
18
Q
  • flow rates
19
Q
  • directional drilling
20
Q
  • hydraulic fracturing
21
Q
  • recovery rate
22
Q
  • production profile
23
Q
  • unconventional oil
24
Q
  • midstream
25
Q
  • downstream
26
Q
  • resources
27
Q
  • technically recoverable resources
28
Q
  • reserves
29
Q
  • proven reserves (1P/P90)
30
Q
  • reserve-to-production ratio
31
Q
  • initial production (IP) rate
32
Q
  • spare oil capacity
33
Q
  • undulating plateau
34
Q
  • oil dependence
35
Q
  • oil chokepoints
36
Q
  • futures contracts
37
Q
  • options
38
Q
  • swaps
39
Q
  • spot prices
40
Q
  • forward prices