Page 257 - Pakistan Oilfields Limited - Annual Report 2021

GLOSSARY

2D Seismic Exploration method of sending energy waves or sound waves into
the earth and recording the wave reflections to indicate the type,
size, shape, and depth of subsurface rock formations. 3-D seismic
provides two dimensional information.

3D Seismic Exploration method of sending energy waves or sound waves into
the earth and recording the wave reflections to indicate the type,
size, shape, and depth of subsurface rock formations. 3-D seismic
provides three dimensional information.
BPD Barrels Per Day

BPR Business Process Re-engineering
Chorgali/Sakesar Geological Formation
Formation

Commercial Risk Potential losses arising from the trading partners or the market.
Contractual Risk Probability of loss arising from failure in contract performance.

CSR Corporate Social Responsibility
DTP Directors’ Training Program

E & P Companies Exploration and Production Companies
Exploratory well A well drilled to find and produce oil or gas in an unproved area, find
a new reservoir in a field previously found to be productive in another
reservoir, or extend a known reservoir.
G & G Geological & Geophysical

HMS Hospital Management System

Hydrocarbon An organic compound of hydrogen and carbon (i.e., oil, gas, and NGL).
ISO International Organisation for Standardisation

JVP Joint Venture Partner
KCDF Khaur Crude Oil Decanting Facility

Langrial Formation Geological Formation
Lockhart Formation Geological Formation

LPG Liquefied petroleum gas.

MMSCFD Million Standard Cubic Feet Per Day
MTD Metric Tonnes Per Day

Operational Risk Risks resulting from breakdowns in internal procedures, people and
systems

PBTE Punjab Board of Technical Education

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