Glossary > Production Definitions
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Producing Zone
(Prod Zone) |
The geological horizon from which the well event is producing. See Well and Production Data for a review of how Canadian Discovery assigns producing zones. |
| Average Initial Production (IP) BOE |
Overall initial production is calculated in BOE using the first three months on stream (2,160 hours), or as close to that number as possible. See Well and Production Data for a review of how Canadian Discovery determines initial production. |
| Average Initial Production (IP) Gas |
Overall initial gas production is calculated using the first three months on stream (2,160 hours), or as close to that number as possible. See Well and Production Data for a review of how Canadian Discovery determines initial production. |
| Average Initial Production (IP) Oil |
Overall initial oil production is calculated using the first three months on stream (2,160 hours), or as close to that number as possible. See Well and Production Data for a review of how Canadian Discovery determines initial production. |
| BOE |
The total oil and gas produced converted to barrels of oil equivalent. A 6:1 gas to oil ratio is the default; however, a 10:1 ratio can also be selected. |
| Cumulative (Cum) Gas |
The cumulative gas production expressed in mmcf. |
| Cumulative (Cum) Oil |
The cumulative oil production expressed in mbls. |
| Producing Days |
The total producing hours converted to days. |
| Producing Hours |
The total producing hours of a completion. |
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