|
|
|
 Main Report Index
|
|
Next Section  |
Appendices - B) Glossary of Terms and Abbreviations
| bbl |
barrel (6.3 barrel = 1m3) |
| bcm |
billion cubic metres (1 metre3 = 35.3 cubic feet) |
|
One thousand million |
| boe |
barrel of oil equivalent - including oil, gas and gas / hydrocarbon liquids.
(1 boe= 164 m3 gas = 5.8 thousand cubic feet) |
| bpd |
barrels per day |
| boepd |
barrel of oil equivalent per day |
| Capex |
Capital expenditure |
| CNS |
Central North Sea |
| CT |
Corporation Tax |
| DTI |
Department of Trade and Industry |
| EU |
European Union |
| FYA |
First Year Allowances |
| kboepd |
thousand barrels of oil equivalent per day |
| kbopd |
thousand barrels of oil per day |
| kWhr |
Kilowatts per hour |
| m3/d |
cubic metres per day (gas) |
| Mtoe |
Million tonnes of oil equivalent |
| MW |
Mega Watts |
| NBP |
National Balancing Point |
| NGT |
National Grid Transco |
| NNS |
Northern North Sea |
| NTS |
National Transmission System |
| Opex |
Operating Expenditure |
| OSPAR |
Oslo and Paris Convention for the Protection of the Marine Environment of the North East Atlantic |
| PILOT |
Joint Oil and Gas Industry/Government Task Force chaired by the DTI |
| PRT |
Petroleum Revenue Tax |
| p/therm |
Pence per therm |
| SCT |
Supplementary charge to Corporation Tax |
| SNS |
Southern North Sea |
| UKCS |
United Kingdom Continental Shelf |
| UKOOA |
UK Offshore Operators Association |
| WoS |
West of Shetlands |
|
|
Main Report Index
|
|
Next Section
|
|