Oilfield

Oilfield

Oilfield refers to a region with an abundance of oil wells extracting petroleum from below the ground.

Contributors in Oilfield

Oilfield

The dynamic simulation of fluids through a reservoir model over time. When the simulation correctly recreates the past reservoir performance, it is said to be "history matched," and a higher degree ...

Counterbalance weight

Oil & gas; Oilfield

Part of rod pumping unit. The counterbalance weight is installed on the end of the walking beam, opposite to the end over the well, and counterbalances the weight of the sucker rods and the fluid ...

Steam-oil ratio

Oil & gas; Oilfield

Parameter used to monitor the efficiency of oil production processes based on steam injection. Commonly abbreviated as SOR, it measures the volume of steam required to produce one unit volume of oil. ...

Conformable

Oil & gas; Oilfield

Parallel strata that have undergone a similar geologic history, deposited in succession without interruption.

Elastic

Oil & gas; Oilfield

Pertaining to a material that can undergo stress, deform, and then recover and return to its original shape after the stress ceases. Once stress exceeds the yield stress or elastic limit of a ...