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GLOSSARY OF OILPATCH TERMS

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

 
Seasonal Diversity
The diversity between electrical loads that reach their maximum values at different seasons of the year. For example, most Canadian power systems experience their annual peaks in the winter, whereas many U.S. systems have their annual peaks in the summer because of air-conditioning. Systems that differ in this way can effect the economies in their operation by exchanging energy on a seasonal basis, transmitting it northwards in the winter and southwards on the summer.
 
 
Secondary Energy Demand
Energy used by final customers for residential, commercial, industrial and transportation purposes, and hydrocarbons used for such non-energy purposes as petrochemical feedstock.
 
 
Sedimentary Basin
A geographical area where much of the rock is sedimentary and likely to contain hydrocarbons.
 
 
Semi-Submersible Drilling Rig
A rig with a platform deck supported by columns which are connected to large underwater displacement hulls or large vertical caissons or some combination of the two. The columns, displacement hulls, or caissons are flooded on site.
 
 
Set Casing
This is done to install a steel pipe in a well bore. This is normally cemented in place by surrounding it with a wall of cement that extends for all or part of the depth of the well.
 
 
Shareholders' Equity
Book value for common and preferred equity.
 
 
Shutdown
A production hiatus during which the platform ceases to produce while essential maintenance work is undertaken.
 
 
Sludge
In discussions of environmental controls, the mud-like residue that results from the cleaning process of scrubbers or certain other devices, designed to prevent solid particulates from entering the environment. Also used to refer to organic waste. Some types of sludge can be used to produce fuel.
 
 
Solar Energy - Active System
Solar energy collection system which transfer heat captured from solar radiation through mechanical devices.
 
 
Solution Gas
Natural gas in solution with crude oil under original reservoir conditions, normally produced with the crude oil.
 
 
Solvent Refined Coal (SRC)
A coal extract derived through the use of solvents. Crushed coal is mixed in a solvent at high temperature and pressure in the presence of hydrogen. The process produces an ash - and sulfur - free solid or liquid. After processing, the ash is separated from the solvent and the solvent recycled.
 
 
Specific Gravity
The weight of a particular volume of any substance, compared with the weight of an equal volume of water. Since these weights will vary differently with the temperature, it is necessary to specify both temperatures involved, except for rough values.
 
 
Spud
The act of beginning to drill an oil or gas well, as in "the well was spudded in June".
 
 
Steam Stimulation
An enhanced oil recovery technique in which high-pressure live steam in fed through "injection" wells to force oil up through "producing" wells. The method can increase heavy crude yields to 20-40% of the original oil in place by reducing the viscosity and forcing greater volumes from the geological network into the producing wells. Steam stimulation is at the commercial threshold as a tertiary, in situ recovery technique for heavy crude oils in western Canada. Also referred to as steam flooding.
 
 
Stocks
Widely used in the petroleum industry to designate inventories of crude oil or petroleum products at refineries, bulk terminals and in pipelines.
 
 
Supply Capability
The deliverability that could be achieved from a gas reservoir or group of reservoirs when restricted only by reservoir performance, well density and well capacity, field processing capacity, and contract rates.
 
 
Supply Tracking
A supply forecasting procedure utilized during a period when supply capability exceeds demand, whereby deliverability is restricted to (or "tracks") that demand, until such time as supply capability falls below the demand level.
 
 
Suspended Well
A well that has been capped off temporarily.
 
 
Synthetic Crude Oil
The oil product obtained by upgrading oil sands bitumen or heavy crude oil. Existing commercial-scale upgrading facilities employ coking and hydrotreating to eliminate sulfur and reduce the viscosity of the bitumen. The resulting synthetic crude is shipped via pipeline to petroleum refineries for the production of gasoline and other light petroleum products.
 
 
Synthetic Natural Gas (SNG)
A fuel, consisting primarily of methane, producible from naphtha, coal or biomass. Also known as substitute natural gas.
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