[lorenzo]

Very simple question, does anyone who knows the jargon, know when you talk about a "big" oilfield, a "giant" oilfield and a "super-giant" (or "hyper"/"mega"...?) oifield?

Why do they call a field that delivers 6000bpd a "giant" field? Isn't 6000bpd very little oil? Sorry, total novice on this front.

Need the info for a small text so a source would be helpful. Thx.

[Dezakin]

I think it refers to the size of the economically recoverable reserves rather than the production rate at any one time.

[RonMN]

The field has to withstand the test of time.

The field hyped in the GOM right now (jack) is (at best) 4-5 months worth of world demand. Doesn't that hype tell you something?

The super-giant (Gahwar in saudi) wasn't called a super giant during the first or 2nd well they drilled.

[mekrob]

Very simple question, does anyone who knows the jargon, know when you talk about a "big" oilfield, a "giant" oilfield and a "super-giant" (or "hyper"/"mega"...?) oifield?

Why do they call a field that delivers 6000bpd a "giant" field? Isn't 6000bpd very little oil? Sorry, total novice on this front.

Need the info for a small text so a source would be helpful. Thx.

The definations vary from person to person in the industry. But an example would be

Big: 500 million barrels with a capacity of up to a hundred thousand barrels per day at peak production

Giant: 1-2 billion barrels or more: capacity of 100-200 kpd

Super Giant: 10 billion barrels: 1+ mpd

MegaGiant (Ghawar): 50 billion barrels; 5 mpd of capacity.

Those are just rough estimates, although I've never seen anyone say Mega or hypergiant. Ghawar is simply referred as "Goddamn, that's a big f* field".