Target Energy - Australian petroleum exploration and production company.

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Glossary

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UPDIP
An area of a structure where the top of the formation is higher than the point under consideration.

UPSTREAM
The exploration and production portions of the oil and gas industry.

US$ or USD
US dollars.


VISCOSITY/VISCOUS
The resistance of a fluid to flow, due to the mutual adherence of its molecules.


WAITING ON CEMENT (W.O.C.)  
Time period that drilling is suspended while the cement used to hold casing in the well bore hardens.

WATER SATURATION
The proportion of water in the pore spaces of a reservoir. See Porosity.

WEIGHT ON BIT (WOB)  
The amount of downward force placed on a bit by the weight of the drill stem.

WELLHEAD
"Wellhead" is descriptive of a location or function rather than a specific item of equipment. See Production Wellhead.

WELL LOGGING
Recording information about subsurface geologic formations; methods include records kept by the driller, mud and cutting analysis, core analysis, drill stem tests, electric and radioactivity procedures.
 
WELL TESTING
Testing in an exploration or appraisal well is directed at estimation of reserves in communication with that well, in addition to well productivity.

WILDCAT WELL
An exploration well in an unproved area.

WIRELINE
A slender rod-like or threadlike small-diameter piece of metal used to lower tools, such as logging tools, perforating guns, valves, and fishing tools into a well. May include electrical conductors to power and control instruments and to convey data to the surface.

WORKOVER
A maintenance job on a well usually to replace equipment or to stimulate production.






ZONE
The interval between two depths in a well containing a reservoir or other distinctive characteristics.

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Contact Details

Principal Place of Business
Suite 5, 6 Richardson Street
West Perth WA  6005

P: +618 9476 9000
F: +618 9476 9099
US Office
1900 St James Place, Suite 425
Houston, Texas, 77056
United States of America

P: +1 713 275 9800
F: +1 713 275 0999
Email To: admin@targetenergy.com.au
ABN: 73 119 160 360
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