| Word |
Abbreviation |
Description |
| 1C |
1C |
Low estimate of contingent resources. |
| 1P |
1P |
Proved reserves. |
| 2C |
2C |
Best estimate of contingent resources. |
| 2P |
2P |
Proved and probable reserves. |
| 3C |
3C |
High estimate of contingent resources. |
| 3P |
3P |
Proved, probable and possible/ reserves. |
| AEMC |
AEMC |
Australian Energy Market Commission. |
| AER |
AER |
Australian Energy Regulator. |
| AFE |
AFE |
Authorisation for Expenditure. |
| AMDQ |
AMDQ |
Authorised Maximum Daily Quantity. |
| ANTS |
ANTS |
Australian National Transmission Statement. |
| API |
API |
American Petroleum Institute. |
| ASIC |
ASIC |
Australian Standard Industry Code / Australian Securities and Investment Commission. |
| AVO |
AVO |
Amplitude Variation with Offset. |
| b/bbl |
b/bbl |
Barrel. |
| Bcf |
Bcf |
Billion cubic feet. |
| Bcm |
Bcm |
Billion cubic metres. |
| BOE |
BOE |
Barrels of oil equivalent. |
| BOPD |
BOPD |
Barrels of oil per day. |
| Btu |
Btu |
British Thermal Unit. |
| C & F |
C & F |
Cost and Freight. |
| CAGR |
CAGR |
Compound Average Growth Rate. |
| CAPM |
CAPM |
Capital Asset Pricing Model. |
| CBJV |
CBJV |
Cooper Basin Joint Venture. |
| CBM |
CBM |
Coal Bed Methane. |
| CCGT |
CCGT |
Combined Cycle Gas Turbine. |
| CCS |
CCS |
Carbon Capture and Storage. |
| CDD |
CDD |
Cooling Degree Days. |
| CDM |
CDM |
Clean Development Mechanism. |
| CER |
CER |
Certified Emission Reduction. |
| CGP |
CGP |
Carpentaria Gas Pipeline (also known as Mount Isa pipeline). |
| CIF |
CIF |
Cost plus Insurance plus Freight. |
| CMM |
CMM |
Coal Mine Methane. |
| CNG |
CNG |
Compressed Natural Gas. |
| CO2 |
CO2 |
Carbon Dioxide. |
| CO2-e |
CO2-e |
Carbon Dioxide Equivalent. |
| COAG |
COAG |
Council of Australian Governments. |
| CPI |
CPI |
Consumer Price Index. |
| CPRS |
CPRS |
Carbon Pollution Reduction Scheme. |
| CRF |
CRF |
Cost and Freight. |
| CSG |
CSG |
Coal Seam Gas. |
| CSM |
CSM |
Coal Seam Methane. |
| CWC |
CWC |
Completed Well Cost. |
| DCF |
DCF |
Discounted Cash Flow. |
| DCQ |
DCQ |
Daily Contract Quantity. |
| DD & A |
DD & A |
Depreciation, Depletion and Amortisation. |
| DNSP |
DNSP |
Distribution Network Service Provider. |
| DOE |
DOE |
Department of Energy (US). |
| DORC |
DORC |
Depreciation Optimised Replacment Cost. |
| DSP |
DSP |
Demand Side Participation. |
| DUOS |
DUOS |
Distribution Use of System. |
| ECBM |
ECBM |
Enhanced Coal Bed Methane. |
| EGP |
EGP |
Eastern Gas Pipeline. |
| EIA |
EIA |
Energy Information Administration. |
| EIS |
EIS |
Environmental Impact Statement. |
| EITE |
EITE |
Emissions-Intensive Trade Exposed. |
| EJ |
EJ |
Exajoule (1000PJ) |
| EOR |
EOR |
Enhanced Oil Recovery. |
| EPA |
EPA |
Environmental Protection Agency. |
| EPC |
EPC |
Engineering Procurement Construction. |
| ESCoSA |
ESCoSA |
Essential Services Commission of South Australia. |
| ESIPC |
ESIPC |
Electricity Supply Industry Planning Council. |
| ESP |
ESP |
Electric Submersible Pump |
| EU |
EU |
European Union. |
| EU-ETS |
EU-ETS |
European Union Emissions Trading Scheme. |
| EUR |
EUR |
Estimated Ultimate Recovery. |
| F & D Cost |
F & D Cost |
Finding and Development Cost. |
| FCAS |
FCAS |
Frequency Controlled Ancillary Services. |
| FEED |
FEED |
Front End Engineering Design. |
| FID |
FID |
Final Investment Decision |
| FLNG |
FLNG |
Floating LNG Facility. |
| FOB |
FOB |
Free On Board. |
| FPSO |
FPSO |
Floating Production Storage and Offloading. |
| FRC |
FRC |
Full Retail Contestability. |
| GBJV |
GBJV |
Gippsland Basin Joint Venture. |
| GEC |
GEC |
Gas Electricity Certificates (Queensland State Government). |
| GGAS |
GGAS |
Greenhouse Gas Reduction Scheme. |
| GGT |
GGT |
Goldfields Gas Transmission Pipeline. |
| GHG |
GHG |
Greenhouse Gas. |
| GIP |
GIP |
Gas in Place |
| GJ |
GJ |
Gigajoule. |
| GW |
GW |
Gigawatt. |
| GWC |
GWC |
Gas Water Contact. |
| GWh |
GWh |
Gigawatt hour. |
| HAZOP |
HAZOP |
Hazard and Operability |
| HDD |
HDD |
Heating Degree Days. |
| HOA |
HOA |
Heads of Agreement. |
| HVAC |
HVAC |
Heating, Ventilating and Air Conditioning. |
| HVDC |
HVDC |
High Voltage Direct Current. |
| IEA |
IEA |
International Energy Agency. |
| IMOWA |
IMOWA |
Independent Market Operator of Western Australia. |
| IP |
IP |
Initial Production Rate. |
| IPART |
IPART |
Independant Pricing and Regulatory Tribunal. |
| IPCC |
IPCC |
Intergovermental Panel on Climate Change. |
| IPM |
IPM |
Intergrated Project management. |
| IPP |
IPP |
Independent Power Producer. |
| IRR |
IRR |
Internal Rate of Return. |
| J |
J |
Joule. |
| JCC |
JCC |
Japanese Crude Cocktail / Japanese Customs Cleared Crude. |
| JV |
JV |
Joint Venture. |
| KBOE |
KBOE |
Thousand BOE. |
| Kh |
|
The product of permeability and formation thickness. |
| KL |
KL |
Kilolitres. |
| KPa |
KPa |
Kilopascals. |
| KW |
KW |
Kilowatt. |
| KWh |
KWh |
Kilowatt hour. |
| L |
L |
Litres. |
| LNG |
LNG |
Liquefied Natural Gas. |
| LPG |
LPG |
Liquefied Petroleum Gas. |
| LWD |
LWD |
Logging While Drilling. |
| MAP |
MAP |
Moomba-Adelaide Pipeline. |
| MCE |
MCE |
Ministerial Council on Energy. |
| MCF |
MCF |
One thousand cubic feet. |
| MDQ |
MDQ |
Maximum Daily Quantity. |
| MJ |
MJ |
Megajoule. |
| MLF |
MLF |
Marginal loss factor. |
| MMBTU |
MMBTU |
One million Btu. |
| MMCF |
MMCF |
One million cubic feet. |
| MMCM |
MMCM |
One million cubic metres. |
| MNSP |
MNSP |
Market Network Service Provider. |
| MOU |
MOU |
Memorandum of Understanding. |
| MRET |
MRET |
Mandated Renewable Energy Target. |
| MSP |
MSP |
Moomba Sydney Pipeline. |
| Mtpa |
Mtpa |
Million tonnes per annum |
| MW |
MW |
Megawatt |
| MWD |
MWD |
Measure While Drilling |
| MWh |
MWh |
Megawatt hour |
| NCAS |
NCAS |
Network Control Ancillary Service |
| NEM |
NEM |
National Electicity Market |
| NEMMCO |
NEMMCO |
National Electricity Market Management Company Limited |
| NGL |
NGL |
Natural Gas Liquids |
| NSAI |
NSAI |
Netherland Sewell and Associates Inc. |
| NSP |
NSP |
Network Service Provider |
| NSW |
NSW |
New South Wales |
| NYMEX |
NYMEX |
New York Mercantile Exchange |
| O & M |
O & M |
Operating and Maintenance |
| OCGT |
OCGT |
Open Cycle Gas Turbine |
| OGIP |
OGIP |
Original Gas in Place |
| OOIP |
OOIP |
Original Oil in Place |
| OPEC |
OPEC |
Organisation of Petroleum Exporting Countries |
| p.a. |
p.a. |
Per annum |
| PASA |
PASA |
Projected Assessment of System Adequacy |
| PD |
PD |
Proved Developed Reserves |
| PDP |
PDP |
Proved, Developed and Producing Reserves |
| PJ |
PJ |
Petajoule |
| PL |
PL |
Pipeline Licence or Petroleum Licence |
| PNG |
PNG |
Papua New Guinea |
| PPA |
PPA |
Power Purchasing Agreement |
| PPL |
PPL |
Petroleum Prospecting Licence |
| PPM |
PPM |
Parts Per Million |
| PRRT |
PRRT |
Petroleum Resource Rent Tax |
| PSC |
PSC |
Production Sharing Contract |
| PSI |
PSI |
Pounds per Square Inch |
| PSIA |
PSIA |
Pounds per Square Inch Absolute |
| PTS |
PTS |
The Principal Transmission System (Victoria) |
| PUD |
PUD |
Proved, Undeveloped Reserve |
| PV |
PV |
Photovoltaic |
| QGP |
QGP |
Queensland Gas Pipeline |
| QHGP |
QHGP |
Queensland Hunter Gas Pipeline |
| QLD |
QLD |
Queensland |
| R/P |
R/P |
Reserves to Production Ratio |
| RBP |
RBP |
Roma - Brisbane Pipeline |
| REC |
REC |
Renewable Energy Certificate |
| RET |
RET |
Renewable Energy Target |
| ROM |
ROM |
Run of Mine |
| ROV |
ROV |
Remotely Operated Vehicle |
| RRR |
RRR |
Reserves Replacement Ratio |
| SA |
SA |
South Australia |
| SCADA |
SCADA |
Supervisory Control and Data Acquisition |
| SEAGas |
SEAGas |
The SEAGas Pipeline |
| SEC |
SEC |
Securities Exchange Commission |
| SOO |
SOO |
Statement of Opportunities (AEMO) |
| SOX |
SOX |
Sulphur Oxides |
| SPA |
SPA |
Sale and Purchase Agreement |
| SSA |
SSA |
Share Sale Agreement |
| SWIS |
SWIS |
The South-Western Interconnected System |
| SWQ |
SWQ |
South West Queensland. Can also reference the South West Queensland pipeline. |
| SWQP |
SWQP |
South West Queensland Pipeline |
| Tcf |
Tcf |
Trillion Cubic Feet |
| TD |
TD |
True Depth or Total Depth |
| TGP |
TGP |
Tasmanian Gas Pipeline |
| TJ |
TJ |
Terajoule |
| TNSP |
TNSP |
Transmission Network Service Provider |
| TOP/ToP |
TOP/ToP |
Take or Pay |
| TRD |
TRD |
Tight Radius Drilling |
| TUOS |
TUOS |
Transmission Use of System |
| UAFG |
UAFG |
Unaccounted for Gas |
| UCCI |
UCCI |
Upstream Capital Cost Index |
| VIC |
VIC |
Victoria |
| VoLL |
VoLL |
Value of Lost Load |
| VRET |
VRET |
Victorian Renewable Energy Target |
| WA |
WA |
Western Australia |
| WEM |
WEM |
Wholesale Electricity Market (Western Australia) |
| WI |
WI |
Working Interest |
| WTI |
WTI |
West Texas Intermediate (crude oil) |