initial potential

initial potential

[i′nish·əl pə′ten·chəl]
(petroleum engineering)
The early production of an oil well as recorded following testing operations and recovery of load oil; indicates the production ability of the well.
Mentioned in ?
References in periodicals archive ?
The Worrior Oil Field was discovered in 2003, the Worrior-1 well came in with an initial potential of 2800 BOPD.
As part of this effort, the Company noted that initial potential partnership discussions have already begun with some of the most powerful companies in the industry which, if successful, could enable QPC to immediately capitalize on the substantial market opportunities for its visible laser technology.
4 well was completed on January 20, 2005 with an initial potential of 1,184 MCFG/D and 46 BO/D and was placed on production on January 23, 2005.
The original contract was awarded in 1999 with an initial potential value of $400 million; it has now grown to a potential of more than $900 million.
Initial potential from the horizontal drain holes is estimated to be 25 to 50 Bopd and will depend upon how much reservoir surface area that is actually able to be achieved in the field.
Wells on the McCoy leases had initial potential of over 100 barrels of oil per day (BOPD) on the average with some wells having initial production rates exceeding 1000 BOPD.
50% since 2002) with the recent 2007 oil discoveries of wells with the initial potential capable of producing approximately 2,000 to 5,600 barrels of oil per day and reserve indications of 1 million barrels to several million barrels per well.
Our completion phase of the well will be more fully disclosed in a future press release within two weeks after we are able to run diagnostic tools as mentioned above and obtain a 24 hour initial potential gas flow.
At the same time getting involved in working with the city, as an employer, to protect participants in the project from the initial potential negative reactions from fellow employees and other potential problems with rapid termination of employment due to bad morale and job performance.
Initial potential HoPS candidates include NASA, NOAA, the Air Force Military Satellite Communications Systems directorate, and the Air Force Research Laboratory.

Full browser ?