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Terms in Glossary

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Tutorials & Guides

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Present Value

Present Value: A Cornerstone of Oil & Gas Investment Decisions

In the world of oil and gas, where projects involve substantial investments and long-term returns, understanding the concept of Present…

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Strip Gun

The Strip Gun: A Workhorse in Oil & Gas Perforating

In the world of oil and gas extraction, maximizing production from a well is crucial. Perforating, the process of creating holes in casing and c…

Matrix

Deciphering the Matrix: A Look at Clastic Rock Structure

The term "matrix" in geology might sound like something straight out of the sci-fi film "The Matrix," but it actually refers to a fundamental…

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HPG

HPG: The Versatile Workhorse in Oil & Gas Operations

In the world of oil and gas, specialized terms are abundant, each with a crucial role in the intricate processes of extraction and production. O…

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Monte Carlo Method

The Monte Carlo Method: A Powerful Tool in Oil & Gas Exploration and Production

The oil and gas industry thrives on navigating uncertainty. From estimating reservoir size and production rates to ass…

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derrick floor

The Derrick Floor: The Heart of a Drilling Rig

The derrick floor, also known as the rig floor, is the bustling center of activity on any drilling rig. This critical platform serves as the foundati…

On The Wire


May 10, 2023

What Is a Work Breakdown Structure?

ccess the management of any type of project you need to use the right planning techniques :

April 9, 2023

Documentation Administration Procedure

This Project Documentation Administration Procedure or also known as Document Control Procedure sys…

Dec. 13, 2023

Electrical Formulas And Calculations

Electrical Formulas And Calculations according to National Electrical Code - Nfpa 70

July 10, 2024

Regulation and Control Loops

The operation and control of any processing or production method require mastery of the parameters …

May 5, 2023

Automatic Valves

The third essential function of a control loop is measurement correction by a device called the Cor…

April 10, 2023

Terminologies

This guide describes the commonly recommended lists of standard definitions of terms used in proce…

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