Page 258 - Pakistan Oilfields Limited - Annual Report 2021
P. 258

GLOSSARY







           PSDF                         Punjab Skills Development Fund

           PSI                          Pounds per square inch
           Reservoir                    Porous and permeable underground formation that contains a natural
                                        accumulation of producible oil or gas. The formation is confined by
                                        impermeable rock or water barriers and is individual and separate
                                        from other reservoirs.

           SECP                         Securities & Exchange Commission of Pakistan
           Seismic interpretation       To interpret  the extent and geometry of rocks in the subsurface from
                                        2D or 3D seismic data

           Spud                         Commencement of actual drilling operations.
           TEVTA                        Technical Education of Vocational Training Authority

           TRS                          Transfer Request System
           VTC                          Vocational Training Center
























































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