Definition(s)


Purchaser

Entity that has purchased directly from the manufacturer the new OCTG being inspected. NOTE The purchaser might be the owner.

Source: API RP 5A5, Field Inspection of New Casing, Tubing, and Plain-end Drill Pipe, Reaffirmed August 2010. Global Standards

Purchaser

Flexible pipe system provider who is purchaser to ancillary equipment manufacturer.

Source: API RP 17L2, Recommended Practice for Flexible Pipe Ancillary Equipment, First Edition, March 2013. Global Standards

 

Purchaser

Organization that buys the riser system on behalf of the user and/or operator or for its own use.

Source: API Standard 2RD, Dynamic Risers for Floating Production Systems, Second Edition, September 2013. Global Standards

Purchaser

Organization that buys the C/WO riser system on behalf of the user and/or operator or for its own use.

Source: API RP 17G, Recommended Practice for Completion/Workover Risers, Second Edition, July 2006 (Reaffirmed April 2011). Global Standards

 

Purchaser

Party responsible for both the definition of requirements for a product order and for payment for that order.

Source: API SPEC 5CT, Specification for Casing and Tubing, Upstream Segment, Ninth Edition, July 2011 (Errata September 2012). Global Standards

 

Purchaser

Party responsible for both the definition of requirements for a product order and for payment for that order. [ISO 11960:2004, definition 4.1.35].

Source: API SPEC 5DP, Specification for Drill Pipe, First Edition, August 2009. Global Standards

 

Purchaser

“Purchaser” or “transporter” means any person who acting alone or jointly with any person or persons, via his own, affiliated or designated carrier, transporter, or taker, shall directly or indirectly purchase, take, or transport by any means whatsoever or otherwise remove from any lease, oil or gas, and/or other hydrocarbons produced from any common source of supply in this State, excepting royalty portions from leases owned by that person.

Source: Corporation Commission, Oil and Gas Conservation, Oklahoma Administrative Code 165:10, February 2013. Regulations

 

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