What is RR in oil and gas?
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What is RR in oil and gas?
The reserve-replacement ratio (RRR) is the amount of oil added to a company’s reserves divided by the amount extracted for production and is a metric used by investors to judge an oil company’s operating performance. A Reserve-replacement ratio of 100% indicates that the company can sustain current production levels.
What does Mtl stand for offshore?
MTL. Marine Transport Lines. Transport, Ship, Operation.
What is the abbreviation for natural gas?
| Acronym | Definition |
|---|---|
| NG | Natural Gas |
| NG | Norwegian |
| NG | Not Going |
| NG | National Guard (US) |
What does Pip stand for in oil and gas?
Suggest new definition.
What does tar stand for offshore?
A turnaround – which is sometimes referred to as a TAR – is a highly-expensive planned period of regeneration in a plant or refinery. During this time, an entire part of the operation is offlined whilst plants are inspected and revamped.
What is Mtl stand for?
MTL
| Acronym | Definition |
|---|---|
| MTL | Montreal (Canada) |
| MTL | Montreal |
| MTL | Metal |
| MTL | Machine Translation (computing) |
What is CoP in oil and gas?
Within this guidance, CoP refers to the licensees ceasing production permanently from a field, a group of fields, an asset within a field or a field acting as a hub.
What does SPM stand for in oil and gas?
Single point mooring (SPM) is a floating buoy/jetty anchored offshore to allow handling of liquid cargo such as petroleum products for tanker ships. SPM is mainly used in areas where a dedicated facility for loading or unloading liquid cargo is not available.
What is RMS station?
Regulating and Metering Station (RMS) means a facility that receives natural gas from a high pressure transmission pipeline, Liquefied Natural Gas storage or natural gas processing plant and from where distribution of natural gas begins.
What does MLT mean?
Medical Laboratory Technicians (MLT) are vital to the healthcare team as they are often the first to produce patient results.
What does MYL stand for?
MYL
| Acronym | Definition |
|---|---|
| MYL | Miss You Loads |
| MYL | Miss You Lots |
| MYL | Made You Laugh |
| MYL | Meet You Later |
What is SPM in drilling?
-In the context of drilling, SPM is strokes per minute. A count of pump strokes times pump volume times plunger # times pump efficiency estimates volume pumped. -In the context of perforating, Spm is shots per meter.
What is SPM maintenance?
Single Point Mooring (SPM) maintenance is one of the most exciting job in oil and gas industry. In general terms, it consists of an integrated mooring and fluid transfer system to which a tanker moored by its bow (mooring hawser).
What is an M&R Station?
Metering and regulating stations (M&R) track the volume of natural gas as it is transported and distributed. M&R stations use different meters and other equipment to continuously measure the flow and, if needed, reduce the pressure of gas as it moves through the station.
