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Glossary
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Glossary
Acronyms
 
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Alias An alternative by which something is known by. Applies to some UK well names, and seismic lines, which are used by some companies instead of the official DTI approved name.
Appraisal Well A well drilled as part of an appraisal drilling programme which is carried out to determine the physical extent, reserves and likely production rate of a field.
Archive Endowment A one-time payment by Licensees sufficient to allow the BGS to incorporate a specified set of Licence Data into the National Archive
Asset Exchange see Asset Transaction
Asset Transaction Any transaction in relation to the transfer of equity in a Block including but not limited to sale and purchases, swaps, farm-ins, farm-outs and all of which may include the transfer of Ownership Rights to data.
Authorised Signatures Signatures from Participants required by the Prime Contractor before certain levels of access can be granted.