What is CRP in oil and gas?

CRP – control riser platform.

What is PSL in oil and gas?

Product specification level. Source: API Standard 2CCU, Offshore Cargo Carrying Units, First Edition, August 2017.

What is the abbreviation for petroleum?

PET

Acronym	Definition
PET	Petroleum
PET	Physical Education Teacher (various schools)
PET	Paraffin-Embedded Tissue
PET	Polyethylene Terephthalate (more common than PETE)

What is the gravity of premium synthetic crude?

around 30
Typically, it is low in sulfur and has an API gravity of around 30. It is also known as “upgraded crude”. Synthetic crude is an intermediate product produced when a extra-heavy or unconventional oil source is upgraded into a transportable form.

What is PSL stand for?

PSL is short for Pumpkin Spice Latte, a coffee-based drink sold at and popularized by Starbucks in the fall.

What does drill to LD mean?

laid(laying) down drill collars. Details. LDDP. laid(laying) down drillpipe. Details.

What do tar sands make?

Tar sands (also known as oil sands) are a mixture of mostly sand, clay, water, and a thick, molasses-like substance called bitumen. Bitumen is made of hydrocarbons—the same molecules in liquid oil—and is used to produce gasoline and other petroleum products.

What is the difference between WTI and WCS?

Since the oil in WCS is much heavier than WTI (which is a light oil), and further away from main markets, WCS is priced at a further discount to WTI. Other oil streams produced from the oil sands are also priced at a discount to WTI or WCS.

What is onshore well?

Onshore drilling is done on land and not over water. The rigs are moved in by ground transportation and many times multiple wells are being drilled from at the same site in very close proximity to each other by shifting the rig slightly. Onshore drilling profiles vary from: Shallow to deep wells.