Effective 1 March 2016, Drillsearch Energy Limited is a wholly owned subsidiary of Beach Energy Limited. For latest information regarding the combined operations, please visit Beach’s web site at www.beachenergy.com.au. Please note the existing Drillsearch web site will close in due course.
Effective 1 March 2016, Drillsearch Energy Limited is a wholly owned subsidiary of Beach Energy Limited. For latest information regarding the combined operations, please visit Beach’s web site at www.beachenergy.com.au. Please note the existing Drillsearch web site will close in due course.

Glossary

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There are 18 names in this directory beginning with the letter B.
Barrels of Oil
See Crude Oil Equivalent
BBbls
Billion barrels
bbls
Barrels
Bcpd
Barrels of condensate per day
Behind-pipe Reserves
Behind-pipe reserves are expected to be recovered from zones in existing wells, which will require additional completion work or future recompletion prior to the start of production.
Bitumen
See Natural Bitumen
Blpd
Barrels of liquid per day
Boe
Barrels of oil equivalent @xxx mcf/bbl
Boepd
Barrels of oil equivalent per day @xxx mcf/bbl
BOP
Blow Out Preventer
Bopd
Barrels of oil per day
Bottom Hole Pressure (BHP)
The pressure at the bottom of the well. In a producing well the BHP may be the bottom hole flowing pressure or the bottom hole shut-in pressure. In a drilling or workover environment, the BHP is exerted by the column of fluid in the hole.
Bpd
Barrels per day
Bscf
Billion standard cubic feet
Bscfd
Billion standard cubic feet per day
BTU
A measure of heat energy required to raise the temperature of one pound of water by one degree Fahrenheit.
Buy Back Agreement
An agreement between a host government and a contractor under which the host pays the contractor an agreed price for all volumes of hydrocarbons produced by the contractor. Pricing mechanisms typically provide the contractor with an opportunity to recover investment at an agreed level of profit. These agreements may include financial incentives for more efficient, lower cost developments and production levels higher than the minimum level agreed. These agreements may give rights to oil volumes and generally carry a risk for the contractor. They may allow booking of reserves.
Bwpd
Barrels of water per day