Mbbl / Mmbbl / G(b)bl
oil barrel (bbl)
roughneck
discovery
chance of success
combined probability of the presence of key elements of a petroleum accumulation
discovery
roughneck
Mbbl / Mmbbl / G(b)bl
wildcat well
oil barrel (bbl)
a unit of volume measurement used for petroleum and its products, ≈159 liters
wildcat well
oil barrel
chance of success
discovery
roughneck
drill crew members who work on the derrick floor
patient capital
animal spirits
neobank
datafication
the overall trend towards using data to make decisions
Xmas tree
roughneck
oil barrel (bbl)
discovery
wildcat well
a well drilled in an area where no current oil or gas production exists
chance of success
discovery
roughneck
wildcat well
Mbbl/Mmbbl/G(b)bl
thousand barrels / millions of barrels / billions of barrels
roughneck
discovery
oil barrel (bbl)
wildcat well
Xmas tree
an assembly of fittings and valves on the top of the casing which control the production rate of oil