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A production packer [1] is a standard component of the completion hardware of oil or gas wells used to provide a seal between the outside of the production tubing and the inside of the casing, liner, or wellbore wall. Based on their primary use, packers can be divided into two main categories: production packers and service packers.
The oil and gas industry uses many acronyms and abbreviations. This list is meant for indicative purposes only and should not be relied upon for anything but general information. This list is meant for indicative purposes only and should not be relied upon for anything but general information.
Intelligent well: An oil or gas well equipped with monitoring equipment and completion components that allow for automatic or remote optimization of production. Joint: A length of pipe. Kelly: A square or hexagon pipe ( Approximately 40 ft. long ) used to turn the drill string while drilling.
With prices at the gas pump continuing to climb, you may be thinking it's a good time to invest in oil stocks. Before you call your broker or fire up your E-Trade account, here's what you need to...
Oil and natural gas are highly volatile commodities. That's probably the first lesson that investors in energy stocks learn from owning shares in companies like Chevron (NYSE: CVX) and Devon ...
Oil prices are notoriously volatile. Over the past year, crude oil has topped out around $90 a barrel and been down in the $60s. That volatility can have a big impact on the cash flows produced by ...
Solomon Robert Dresser invented a "packer", using rubber for a tight fit, and after taking out a patent on May 11, 1880, he began advertising and selling his product, the Dresser Cap Packer, from Bradford, Pennsylvania, in the heart of the oilfields. Dresser's packer was one of many available on the market, and it was another invention that saw ...
The oil and gas industry is usually divided into three major sectors: upstream (also called exploration and production or E&P), midstream and downstream. [1] [2] The upstream sector includes searching for potential underground or underwater crude oil and natural gas fields, drilling exploratory wells, and subsequently operating the wells that recover and bring the crude oil or raw natural gas ...