Replies to This Discussion

landownerPermalink Reply by Bobi Carr ("parker") on May 7, 2010 at 17:32

Shaleeee,

Seems like I've seen something on here before or maybe I just googled to find the answer.

HBP - Held by production (as in a lease or mineral rights are held by production)
IP- Initial Production
MO - Mineral Owner
EUR- Estimated Ultimate Recovery

HK- Petrohawk
ECA- Encana
CHK- Chesapeake
HB- Haliburton

IMO (don't know - do you mean UMO - Unleased Mineral owner?)
IMHO - In my humble opinion

Hope this helps.

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Oil & Gas ProPermalink Reply by Les Bamburg on May 8, 2010 at 3:17

IMO - In My Opinion?? By the way, I think you get another gold star!!!

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landownerPermalink Reply by Shaleeee on May 8, 2010 at 3:22

Thank you Bobi - you are a valuable asset to GHS - appreciate it. I agree with Les - another gold star.
Shaleeee

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Oil & Gas ProPermalink Reply by Les Bamburg on May 8, 2010 at 3:24

Shaleeee, here are some that I tend to use:

Mcfd - Thousand cubic feet of gas per day
MMcfd - Million cubic feet of gas per day
Bcfd - Billion cubic feet of gas per day
MMBtu - Million Btu (British Thermal Unit)
BOPD - Barrels of oil per day
TD - Total (well) depth
TVD - True vertical (well) depth
MD - Measured (well) depth

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landownerPermalink Reply by little ole 1st grade teacher on May 8, 2010 at 4:09

Go to Google
Type in: Glossary of Oil and Gas Terms

Once it comes up there are several listings.
I found that the MMC (Mineral Management Consultants was a really good listing)....However, to some people one of the others may be more informative. I guess it depends on what you are looking for

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landownerPermalink Reply by Shaleeee on May 8, 2010 at 13:27

Thanks Les - that BOPD really had me confused - I am printing these out for future reference. Thank you too Teacher - I will google for info.

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landownerPermalink Reply by Bobi Carr ("parker") on May 8, 2010 at 17:32

Shaleeee,

One of my favorites:

IANAL - I am not a lawyer

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