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  2. Firm service - Wikipedia

    en.wikipedia.org/wiki/Firm_service

    Firm services, also called uninterruptible services, are services, such as electricity (firm power [1]) and natural gas supplies, that are intended to be available at all times during a period covered by an agreement. Also, the service is not subject to a prior claim from another customer and receives the same priority as any other firm service.

  3. Oil and gas agreement - Wikipedia

    en.wikipedia.org/wiki/Oil_and_gas_agreement

    The oil and gas industry operates in countries throughout the world in accordance with a number of different types of agreements. These agreements generally fall into one of four categories (or a combination of the categories): risk agreements, concessions, production sharing agreements (PSAs, also known as production sharing contracts, PSCs) and service contracts.

  4. Farmout agreement - Wikipedia

    en.wikipedia.org/wiki/Farmout_agreement

    The typical service described in farmout agreements is the drilling of one or more oil and/or gas wells. A farmout agreement differs from a conventional transaction between two oil and gas lessees, because the primary consideration is the rendering of services, rather than the simple exchange of money. [1]

  5. List of abbreviations in oil and gas exploration and production

    en.wikipedia.org/wiki/List_of_abbreviations_in...

    TGOR – total gas oil ratio (GOR uncorrected for gas lift gas present in the production fluid [citation needed]) TH – tubing hanger; THCP – tubing hanger crown plug; Thr/Th# – thruster ('#'- means identification letter/number of the equipment, e.g. thr3 or thr#3 means "thruster no. 3" [citation needed]) THD – tubing head; THERM ...

  6. Heating oil - Wikipedia

    en.wikipedia.org/wiki/Heating_oil

    The heating oil futures contract trades in units of 1,000 barrels (160 m 3) with a minimum fluctuation of $0.0001 per gallon and (for the USA) is based on delivery in New York Harbor. [5] The Department of Energy tracks the prices homeowners pay for home heating fuel (oil and propane).

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