D&L Energy Group is an independent natural gas and oil exploration, production and marketing group that develops and produces oil and natural gas wells in Ohio and Pennsylvania. Barrel- 42 U.S. gallons of crude oil. BCF-one billion cubic feet of natural gas. Caliper Readings-measure the diameter of the well bore. Electric Logging-measures characteristics of rock around the well bore. Electrical Resistivity Readings-identify fluids during drilling. Gamma Ray Measurements-reveals gas during drilling. Lifting and Operating Expense (L.O.E.)-costs of operating wells. MCF-one thousand cubic feet of natural gas. Mercaptan-a substance added to natural gas to create an odor for safety detection. Mineral Lease-lease authorizing exploration and production of oil and gas. Mud Logging-a type of sampling performed during drilling used to precisely identify the location of oil and gas. Natural Gas-a mix of hydrocarbon gases and vapors found in certain geologic formations. Net Revenue Interest-interest in an oil and gas well entitling owner to a portion of the well's production. Reservoir-a rock formation where oil and or natural gas is found. Royalty Interest (R.I.)-interest in an oil and natural gas well entitling owner to a share of gross proceeds with neither the expense of nor any control over drilling, completion and production of the well.
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