Glossary
Browse the IADC Lexicon alphabetically or by category. Get comprehensive definitions of drilling industry terms.
Frontier Lands
Definition(s)
Frontier Lands
“Frontier lands” means lands that belong to Her Majesty in right of Canada, or in respect of which Her Majesty in right of Canada has the right to dispose of or exploit the natural resources, and that are situated in (a) the Northwest Territories, Nunavut or Sable Island, or (b) submarine areas, not within a province, in the internal waters of Canada, the territorial sea of Canada or the continental shelf of Canada, but does not include the adjoining area, as defined in section 2 of the Yukon Act; terres domaniales. Source: Canada-Nova Scotia Offshore Petroleum Resources Accord Implementation Act, S.C. 1988, c. 28, Canada, current to May 26, 2013. Legislation Source: Canada Petroleum Resources Act, R.S.C. 1985, c. 36 (2nd Supp.), current to April 29, 2013. LegislationFrontier Lands
“Frontier lands” has the same meaning as in the Canada Petroleum Resources Act; terres domaniales. Source: Canada-Nova Scotia Offshore Petroleum Resources Accord Implementation Act, S.C. 1988, c. 28, Canada, current to May 26, 2013. LegislationFund
Definition(s)
Fund
“Fund” means the Environmental Studies Research Fund (NR) established under subsection 76(1) or the Environmental Studies Research Fund (IAND) established under that subsection, or both, as the context requires; fonds. Source: Canada Petroleum Resources Act, R.S.C. 1985, c. 36 (2nd Supp.), current to April 29, 2013. LegislationGeological Work
Definition(s)
Geological Work
“Geological work” means work, in the field or laboratory, involving the collection, examination, processing or other analysis of lithological, paleontological or geochemical materials recovered from the surface or subsurface or the seabed or its subsoil of any frontier lands and includes the analysis and interpretation of mechanical well logs; travaux de géologie. Source: Canada-Nova Scotia Offshore Petroleum Resources Accord Implementation Act, S.C. 1988, c. 28, Canada, current to May 26, 2013. Legislation Source: Canada Petroleum Resources Act, R.S.C. 1985, c. 36 (2nd Supp.), current to April 29, 2013. LegislationGeophysical Work
Definition(s)
Geophysical Work
“Geophysical work” means work involving the indirect measurement of the physical properties of rocks in order to determine the depth, thickness, structural configuration or history of deposition thereof and includes the processing, analysis and interpretation of material or data obtained from such work; travaux de géophysique. Source: Canada-Nova Scotia Offshore Petroleum Resources Accord Implementation Act, S.C. 1988, c. 28, Canada, current to May 26, 2013. Legislation Source: Canada Petroleum Resources Act, R.S.C. 1985, c. 36 (2nd Supp.), current to April 29, 2013. LegislationGeotechnical Work
Definition(s)
Geotechnical Work
“Geotechnical work” means work, in the field or laboratory, undertaken to determine the physical properties of materials recovered from the surface or subsurface or the seabed or its subsoil of any portion of the offshore area; travaux de géotechnique. Source: Canada-Nova Scotia Offshore Petroleum Resources Accord Implementation Act, S.C. 1988, c. 28, Canada, current to May 26, 2013. LegislationGeotechnical Work
“Geotechnical work” means work, in the field or laboratory, undertaken to determine the physical properties of materials recovered from the surface or subsurface or the seabed or its subsoil of any frontier lands; travaux de géotechnique. Source: Canada-Nova Scotia Offshore Petroleum Resources Accord Implementation Act, S.C. 1988, c. 28, Canada, current to May 26, 2013. Legislation Source: Canada Petroleum Resources Act, R.S.C. 1985, c. 36 (2nd Supp.), current to April 29, 2013. LegislationHolder or Interest Holder
Definition(s)
Holder or Interest Holder
“Holder” or “interest holder” means, in respect of an interest or a share therein, the person indicated, in the register maintained pursuant to Part VIII, as the holder of the interest or the share. Source: Canada-Nova Scotia Offshore Petroleum Resources Accord Implementation Act, S.C. 1988, c. 28, Canada, current to May 26, 2013. Legislation Source: Canada Petroleum Resources Act, R.S.C. 1985, c. 36 (2nd Supp.), current to April 29, 2013. LegislationOperator’s Lien
Definition(s)
Operator’s Lien
“Operator’s lien” means any charge on or right in relation to an interest or a share in an interest 1. that arises under a contract- to which the interest owner or holder of the interest or share is a party,
- that provides for the operator appointed thereunder to carry out any work or activity related to the exploration for or the development or production of petroleum in the frontier lands to which the interest or share applies, and
- that requires the interest owner or holder to make payments to the operator to cover all or part of the advances made by the operator in respect of the costs and expenses of such work or activity, and
Postponement
Definition(s)
Postponement
“Postponement” means a document evidencing the postponement of a security notice or operator’s lien; cession de priorité. Source: Canada-Nova Scotia Offshore Petroleum Resources Accord Implementation Act, S.C. 1988, c. 28, Canada, current to May 26, 2013. Legislation Source: Canada Petroleum Resources Act, R.S.C. 1985, c. 36 (2nd Supp.), current to April 29, 2013. LegislationRegistrar
Definition(s)
Registrar
“Registrar” means such person as the Board may designate as the Registrar for the purposes of this Division; directeur. Source: Canada-Nova Scotia Offshore Petroleum Resources Accord Implementation Act, S.C. 1988, c. 28, Canada, current to May 26, 2013. LegislationRegistrar
“Registrar” means- in relation to any area in respect of which the Minister of Natural Resources has administrative responsibility for the natural resources therein, such person as that Minister may designate, and
- in relation to any area in respect of which the Minister of Indian Affairs and Northern Development has administrative responsibility for the natural resources therein, such person as that Minister may designate; directeur.
Secured Party
Definition(s)
Secured Party
“Secured party” means the person claiming a security interest under a security notice; partie garantie. Source: Canada-Nova Scotia Offshore Petroleum Resources Accord Implementation Act, S.C. 1988, c. 28, Canada, current to May 26, 2013. Legislation Source: Canada Petroleum Resources Act, R.S.C. 1985, c. 36 (2nd Supp.), current to April 29, 2013. LegislationSecurity Interest
Definition(s)
Security Interest
“Security interest” means any charge on or right in relation to an interest or a share in an interest that secures- the payment of an indebtedness arising from an existing or future loan or advance of money,
- a bond, debenture or other security of a corporation, or
- the performance of the obligations of a guarantor under a guarantee given in respect of all or any part of an indebtedness referred to in paragraph (a) or all or any part of a bond, debenture or other security of a corporation, and includes a security given under section 426 of the Bank Act, but does not include an operator’s lien; sûreté.
Security Notice
Definition(s)
Security Notice
“Security notice” means a notice of a security interest. Source: Canada-Nova Scotia Offshore Petroleum Resources Accord Implementation Act, S.C. 1988, c. 28, Canada, current to May 26, 2013. Legislation Source: Canada Petroleum Resources Act, R.S.C. 1985, c. 36 (2nd Supp.), current to April 29, 2013. LegislationShare
Definition(s)
Share
“Share” means, with respect to an interest, an undivided share in the interest or a share in the interest held in accordance with section 69; fraction. Source: Canada-Nova Scotia Offshore Petroleum Resources Accord Implementation Act, S.C. 1988, c. 28, Canada, current to May 26, 2013. LegislationShare
“Share” means, with respect to an interest, an undivided share in the interest or a share in the interest held in accordance with section 23; fraction. Source: Canada Petroleum Resources Act, R.S.C. 1985, c. 36 (2nd Supp.), current to April 29, 2013. LegislationSignificant Discovery
Definition(s)
Significant Discovery
“Significant discovery” means a discovery indicated by the first well on a geological feature that demonstrates by flow testing the existence of hydrocarbons in that feature and, having regard to geological and engineering factors, suggests the existence of an accumulation of hydrocarbons that has potential for sustained production; découverte importante. Source: Canada-Nova Scotia Offshore Petroleum Resources Accord Implementation Act, S.C. 1988, c. 28, Canada, current to May 26, 2013. Legislation Source: Canada Petroleum Resources Act, R.S.C. 1985, c. 36 (2nd Supp.), current to April 29, 2013. LegislationSignificant Discovery Area
Definition(s)
Significant Discovery Area
“Significant discovery area” means, in relation to a declaration of significant discovery made pursuant to subsection 74(1) or (2), those portions of the offshore area described in the declaration; périmètre de découverte importante. Source: Canada-Nova Scotia Offshore Petroleum Resources Accord Implementation Act, S.C. 1988, c. 28, Canada, current to May 26, 2013. LegislationSignificant Discovery Area
“Significant discovery area” means, in relation to a declaration of significant discovery made pursuant to subsection 28(1) or (2), those frontier lands described in the declaration. périmètre de découverte importante. Source: Canada Petroleum Resources Act, R.S.C. 1985, c. 36 (2nd Supp.), current to April 29, 2013. LegislationTransfer
Definition(s)
Transfer
“Transfer” means a transfer of an interest or a share in an interest; transfert. Source: Canada-Nova Scotia Offshore Petroleum Resources Accord Implementation Act, S.C. 1988, c. 28, Canada, current to May 26, 2013. Legislation Source: Canada Petroleum Resources Act, R.S.C. 1985, c. 36 (2nd Supp.), current to April 29, 2013. LegislationWell Termination Date
Definition(s)
Well Termination Date
For the purposes of subsection (3), “well termination date” means the date on which a well has been abandoned, completed or suspended in accordance with any applicable drilling regulations. Source: Canada-Nova Scotia Offshore Petroleum Resources Accord Implementation Act, S.C. 1988, c. 28, Canada, current to May 26, 2013. Legislation Source: Canada Petroleum Resources Act, R.S.C. 1985, c. 36 (2nd Supp.), current to April 29, 2013. LegislationWell Termination Date
“Well termination date” means the date on which a well or test hole has been abandoned, completed or suspended in accordance with any applicable regulations respecting the drilling for petroleum made under Part III; date d’abandon du forage. Source: Canada-Nova Scotia Offshore Petroleum Resources Accord Implementation Act, S.C. 1988, c. 28, Canada, current to May 26, 2013. LegislationWell Termination Date
“Well termination date” means the date on which a well or test hole has been abandoned, completed or suspended in accordance with any applicable regulations respecting the drilling for petroleum made under the Canada Oil and Gas Operations Act; date d’abandon du forage. Source: Canada Petroleum Resources Act, R.S.C. 1985, c. 36 (2nd Supp.), current to April 29, 2013. LegislationAssignment of Security Interest
Definition(s)
Assignment of Security Interest
“Assignment of security interest” means a notice of the assignment of a security interest or any part thereof in respect of which a security notice has been registered under this Part; cession de sûreté. Source: Canada Petroleum Resources Act, R.S.C. 1985, c. 36 (2nd Supp.), current to April 29, 2013. Legislation Source: Canada-Nova Scotia Offshore Petroleum Resources Accord Implementation Act, S.C. 1988, c. 28, Canada, current to May 26, 2013. LegislationMSDP
Definition(s)
MSDP
Maximum section design pressure. Source: NORSOK D-010, Well integrity in drilling and well operations, Rev. 3, August 2004. Global StandardsChief Safety Officer
Definition(s)
Chief Safety Officer
“Chief Safety Officer” means the person designated as the Chief Safety Officer under section 3.1; délégué à la sécurité. Source: Canada Oil and Gas Operations Act, R.S.C., 1985, c. O-7, Canada, current to April 29, 2013. LegislationChief Safety Officer
“Chief Safety Officer” means the person designated as the Chief Safety Officer pursuant to section 144; délégué à la sécurité Source: Canada-Nova Scotia Offshore Petroleum Resources Accord Implementation Act, S.C. 1988, c. 28, Canada, current to May 26, 2013. LegislationChief Safety Officer
“Chief Safety Officer” means the person designated by the Board as the Chief Safety Officer pursuant to the Accord Acts. Source: Nova Scotia Offshore Petroleum Occupational Health & Safety Requirements, Canada-Nova Scotia Offshore Petroleum Board, Canada, December 2000. RegulationsAccord Acts
Definition(s)
Accord Acts
“Accord Acts” means- the Canada-Newfoundland Atlantic Accord Implementation Act, and
- the Canada-Nova Scotia Offshore Petroleum Resources Accord Implementation Act; lois de mise en oeuvre.