Oil &
Gas
Glossary
J |
|
- Jacket
Jack-up Rig
JAPEC
- Joint Association for Petroleum Exploration
Courses (UK)
JNNC
- Joint Nature Conservation Committee
Joint Operating Agreement (JOA)
- Legal authority between Operator,
who acts on behalf of a consortium, and other licensees which sets out terms and conditions for managing
each Licence.
Joint Venture
(JV)
- A consortium of companies, usually
with one member acting as Operator. share costs, revenues, assets
and liabilities in proportion to their equity interest in Licence
/ Field.
Joule (j)
Jurassic
-
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Copyright ©
1999 E&P Consultancy Associates.
Revised - - 26
August 1999