The IADC Lexicon is an oil and gas dictionary of upstream-related terms, which, unlike conventional glossaries, are official definitions drawn from legislation, regulation and regulatory guidance, standards (global, national and regional), IADC guidelines, and Well Control Institute. Terms often have multiple definitions from different sources.
This month’s Featured Term is:
“Standard Conditions” ( Source: Oil and Gas and Sulphur Operations in the Outer Continental Shelf, 30 CFR 250 (2013):
Atmospheric pressure of 14.73 pounds per square inch absolute (psia) and 60 °F.