Definitions of oil and gas terms
- Barrel
- a standard measure of liquid hydrocarbons equal to 42 gallons
- Field
- an area of producing oil or gas wells related by various geologic conditions that contains one or more pools. Used interchangably with pool in Kentucky
- Permeability
- a measure of how well connected are the pore spaces in a given volume of rock, related to how easily oil, gas, or water may move through the rock
- Play
- a group of geologically similar prospects that have the same source-reservoir-trap controls and share common elements of risk
- Pool
- an underground reservoir or trap for oil or gas with a unique combination of geologic characteristics that isolate it from other reservoirs
- Porosity
- the void space in a rock usually expressed as a percent of the total volume of the rock, the space within a rock that contains any oil, natural gas, or water