Oil and Gas Glossary: V Terms
2 oil and gas terms start with the letter V. Each one is defined below, in alphabetical order.
Vertical Pugh Clause
Limits an operators ability to hold all depths of minerals with producing formations. Deals with depths of the minerals instead of areal extent addressed in a traditional Pugh Clause.
Viscosity
The resistance of fluid to flow. A high viscosity fluid does not flow as easily as a low viscosity fluid.