Oil Mining definition

Oil Mining means operations associated with the production of oil or gas from reservoir access holes drilled from underground shafts or tunnels.
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Examples of Oil Mining in a sentence

  • Per the agreement, the exploration period is for 5 years after which the OPL converts to an Oil Mining License for a period of 20 years.

  • Prime’s main assets are an indirect 8% interest in Oil Mining Lease (“OML”) 127 and an indirect 16% interest in OML 130; both are deep-water Nigeria concessions.

  • The primary assets of Prime are an indirect 8% interest in Oil Mining Lease ("OML") 127 and an indirect 16% interest in OML130.

  • On 8 January 2006, the Company signed a definitive agreement with South Atlantic Petroleum Limited (“SAPETRO”) to acquire a 45% working interest in the Offshore Oil Mining Lease 130 (“OML130”) in Nigeria (the “OML130 Transaction”) and the OML130 Transaction was completed on 20 April 2006.

  • Under the terms of the agreement, the Company will acquire a 47% interest in the Ogedeh Marginal Field Award on the Farmed-Out Area within the Oil Mining Licence 90 (“OML 90 Project”) in Nigeria.

  • The primary assets of Prime are an indirect 8% interest in Oil Mining Lease ("OML") 127 and an indirect 16% interest in OML 130.

  • Monitors and manages student learning and performance through data.

  • NAFCON National Fertilizer Company of Nigeria BTU British Thermal Unit NAOC Nigeria Agip Oil Company NEPA National Electric Power Authority NGC Nigerian Gas Company NGL Natural Gas Liquids NNPC Nigerian National Petroleum Corporation NPDC Nigerian Petroleum Development Company OML Oil Mining Lease OPL Oil Prospecting Licence Petrochem.

  • Millenium is the owner of the Oza Field located onshore in the northern part of Oil Mining License 11 in the Eastern Niger Delta of Nigeria.

  • Ecotel’s primary mission is to design, deploy and operate highly secured private LTE cellular networks targeted to mission critical and specialized industrial applications for the Oil, Mining and Utilities markets.

Related to Oil Mining

  • Surface mining means mining by removing the overburden lying above the natural deposits and excavating directly from the natural deposits exposed, or by excavating directly from deposits lying exposed in their natural state and shall include dredge operations conducted in or on natural waterways or artificially created waterways within the state.

  • Mining means the mining, extracting, producing, handling, milling or other processing of Products.

  • Oil shale means a group of fine black to dark brown shales containing kerogen material that yields petroleum upon heating and distillation.

  • Oil and gas means petroleum, natural gas and other related hydrocarbons or minerals or any of them and all other substances produced or extracted in association therewith.

  • Exploration means all activities directed toward ascertaining the existence, location, quantity, quality or commercial value of deposits of Products.

  • Oil fuel means any oil used as fuel in connection with the propulsion and auxiliary machinery of the ship in which such oil is carried.

  • Natural uranium means uranium with the naturally occurring distribution of uranium isotopes, which is approximately 0.711 weight percent uranium-235, and the remainder by weight essentially uranium-238.

  • Underground mining means all methods of mining other than surface mining.

  • Oil sands means impregnated bituminous sands that:

  • Transportation Company means any organization which provides its own or its leased vehicles for transportation or which provides freight forwarding or air express services.

  • Refining means removing or separating a desirable product from raw or contaminated materials by distillation or physical, mechanical, or chemical processes.

  • Pipeline means any pipe, pipes, or pipelines used for the intrastate transportation or transmission of any solid, liquid, or gaseous substance, except water.

  • Coal means non-coking as well as coking coal, produced domestically and categorized into different classes, grades and sizes, as per the notification/order issued for such purpose by Government of India(GoI)/CIL/ Seller; and shall where the context so requires, include Imported Coal.

  • Ocean transportation means any transportation aboard a ship, vessel, boat, barge, or ferry through international waters.

  • Oil means petroleum in any form including crude oil, fuel oil, sludge, oil refuse and refined products (other than petrochemicals which are subject to the provisions of Annex II of the present Convention) and, without limiting the generality of the foregoing, includes the substances listed in Appendix I to this Annex.

  • Fossil fuel means natural gas, petroleum, coal, or any form of solid, liquid, or gaseous fuel derived from such material.

  • Shellfish means those species of marine and freshwater

  • Mineral means gas, oil, and coal; other gaseous, liquid, and solid hydrocarbons; oil shale; cement material; sand and gravel; road material; building stone; chemical raw material; gemstone; fissionable and nonfissionable ores; colloidal and other clays; steam and other geothermal resources; and any other substance defined as a mineral by a law of this state.

  • cogeneration means the simultaneous generation in one process of thermal energy and electrical or mechanical energy;

  • Watercourse means a channel in which a flow of water occurs, either continuously or intermittently.

  • Bedrock means continuous rock that underlies the soil or is exposed at the surface. Bedrock is generally considered impervious, but if fractured or deteriorated, it may allow effluent to pass through without adequate treatment.

  • Mine means to carry on an operation with a view to, or for the purpose of—

  • Hydroelectric energy means water used as the sole source of energy to produce electricity.

  • Minerals means any and all ores (and concentrates derived therefrom) and minerals, precious and base, metallic and nonmetallic, in, on or under the Property which may lawfully be explored for, mined and sold.

  • Oil and Gas Business means the business of exploiting, exploring for, developing, acquiring, operating, producing, processing, gathering, marketing, storing, selling, hedging, treating, swapping, refining and transporting hydrocarbons and carbon dioxide and other related energy businesses, including contract drilling and other oilfield services.

  • Geothermal fluid means water in any form at temperatures greater than 120