Glossary of Industry Terms
Pig
A device used for cleaning a pipeline or separating two liquids being moved down the pipeline. An 'intelligent pig' is fitted with sensors which an check for corrosion or defects in the pipeline.
Pooling
Pooling is the consolidation and combining of leased land with adjoining leased tracts. The area is called a pool or a unit. Pooling has the benefit to the production company of uniting all landowners' leases into a common pool under one drilling production company and utilizing one common underground geological reservoir.
PP (Producing Property)
Pressure Relieving System
An arrangement of a pressure-relieving device, piping, and means of disposal intended for the safe relief, conveyance, and disposal of fluids in a vapour, liquid, or gaseous phase. A relieving system may consist of only one pressure relief valve or ruptur
Produced Water
Water that is produced from a well along with oil and gas.
