There are many acronyms, technical terms and strange units of measurement in the oil and gas industry. Below is a glossary to help de-mystify some of the terms used by Australian energy companies.
A - C
ATP - Authority to Prospect
Australia Pacific LNG/ APLNG - Australia Pacific LNG Pty Limited. Australia Pacific LNG is a joint venture between Origin Energy (42.5%), ConocoPhillips (42.5%) and Sinopec (15%), to develop Australia's largest 2P coal seam gas reserves. The Project includes the development of Australia Pacific LNG's coal seam gas resources in the Surat and Bowen basins in central south west Queensland, a 530km transmission pipeline, and a multi-train LNG facility on Curtis Island, near Gladstone. The Australia Pacific LNG Project will become a supplier of low emissions fuel to growing international energy markets as well as continuing to contribute cleaner energy through its domestic gas production equivalent to more than 40 per cent of Queensland's current gas requirements.
Bbl - barrel
Bcf - billion cubic feet of gas
Bcm - billion cubic metres
BOE - barrels of oil equivalent
Bowen Basin - an area of over 60,000 km2 in Central Queensland in which Australia Pacific LNG has CSG interests.
BTEX - benzene, toluene, ethyl benzene, and xylene.
Conventional Gas - gas extracted from conventional petroleum reservoirs. Compared with CSG and other forms of gas which are derived from other forms of reservoirs. These are referred to as Unconventional Gas.
CSG - coal seam gas (gas extracted from underground coal seams)
D - F
G - K
L - P
Q - S
T - Z
Factors used by Origin to convert to PJe (Petajoules equivalent)