Page 272 - Pakistan Oilfield Limited - Annual Report 2022
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PAKISTAN OILFIELDS LIMITED
Glossary
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
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
VIU Value in Use
VTC Vocational Training Center
