Glossary

 

1P

Proven reserves

2P

Proven & Probable reserves

3P

Proven, Probable & Possible reserves

bbl

Barrel Volume measurement. One Barrel = 159 litres

bcf

Billion Cubic Feet

bcpd

Barrels of Condensate Per Day

bn

Billion

boe

Barrels of Oil Equivalents. Natural gas can be converted to barrels of oil equivalent, as follows 6 mcf = 1boe. The conversion rate is approximate since the relation may vary

bopd

Barrels of Oil Per Day

cf

Cubic Feet Volume measurement. One Cubic Foot = 0.028 cubic metre

DB

Declining Balance

DDB

Double Declining Balance (Accelerated Depreciation Method)

DCQ

Daily Contract Quantity

DMO

Domestic Market Obligation

DST

Drill Stem Tests

Duri

Indonesian Duri Crude Oil Price Index

EMP

Energi Mega Persada Tbk.

FPS

Floating Production System

GIIP

Gas-Initially-In-Place

GSA

Gas Sales Agreement

HSD

High Speed Diesel Oil

ITA

PT Imbang Tata Alam, subsidiary of EMP holding 26.07% interest in the Malacca Straits PSC

JOB

Joint Operating Body

LNG

Liquefied Natural Gas

LPG

Liquefied Petroleum Gas (mixture of propane and butane)

mbo

Thousand Barrels

mboe

Thousand Barrels of Oil Equivalent

mboepd

Thousand Barrels of Oil Equivalents per Day

mbopd

Thousand Barrels of Oil Per Day

mmbtu

Million British Thermal Unit

mcf

Thousand Cubic Feet

mcfpd

Thousand Cubic Feet Per Day

mmboe

Million Barrels of Oil Equivalent

mmbbls

Million Barrels

mmcf

Million Cubic Feet

mmscf

Million Standard Cubic Feet

mmscfd

Million Standard Cubic Feet Per Day

mn

Million

natural gas

Hydrocarbon gas

OGIP

Original-Gas-in-Place, expressing the total volume of gas originally in the reservoir

OOIP

Original-Oil-In-Place, expressing the total volume of oil originally in the reservoir in stock tank barrels (STB)

POD

Plant of Development

PSC

Production Sharing Contract

RHI

RHI Corporation owner of Kondur Petroleum SA operator of the Malacca Strait PSC

RFT

Repeat Formation Test

Spud date

The commencement of drilling activities

SPE

Society of Petroleum Engineers

SPM

Single Point Mooring