Drilling Industry Glossary
offset
offset well
oil
oil and gas software
oil-based mud
oilfield
oil/water ratio
open hole
operator
Oil
Oil (%) is the fraction of oil in the mud. In a water-based mud, water is the continuous phase of the mud. Oil can also be presented in a small amount, but will typically not exceed the amount of the water, so that the mud will retain its character as a water-continuous-phase material.
You may also be interested in: