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GLOSSARY

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Basin

a dip in the earth’s crust usually filled or being filled with sediment. It is a basic concept in petroleum geology

Bentonite

a type of clay often added to drilling fluid because of its swelling properties when added to water.

Bit

the Bit is the part of the drilling equipment that cuts the rock in order to drill a hole

Bscf or Bcf (gas volume)

billions of standard cubic feet of gas. Equivalent to 1,000,000,000 standard cubic feet (nine zeros)

BTU

British Thermal Unit. The amount of heat required to raise the temperature of 1 pound of water by 1 degree Fahrenheit.