A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Federal Emergency Management Agency - FEMA is the federal agency in charge of disaster recovery in locations declared 'official' disaster areas.

Federal Energy Regulatory Commission - FERC is an independent regulatory commission within the U.S. DOE and has jurisdiction over energy producers that sell or transport fuel for resale in interstate commerce.

Field - An area consisting of a single reservoir or multiple reservoirs all grouped on or related to the same individual geological structural feature and/or stratigraphic condition. There may be two or more reservoirs in a field, which are separated vertically by intervening impervious strata, or laterally by local geologic barriers, or by both.

Firm Energy - Supply guaranteed to be delivered under terms defined by contract.

Fluorescent Lamp - Tubular electric lamp that is coated on the inside surface with a phosphor and that also contains mercury vapor. When inundated by electrons from the cathode, it provides ultraviolet light that causes the phosphor to emit visible light.

Footage Drilled - Total footage for wells in various categories, as reported for any specified period. Includes: (1) the deepest total depth (length of well bores) of all wells drilled from the surface, (2) the total of all bypassed footage drilled in connection with reported wells, and (3) all new footage drilled for directional 'sidetrack' wells. Footage reported for directional 'sidetrack' wells do not include footage in the common bore; reported as footage for the original well. In the case of old wells drilled deeper, the reported footage is that which was drilled below the total depth of the old well. Deepest Total Depth. The deepest total depth of a given well is the distance from a surface reference point (usually the Kelly bushing) to the point of deepest penetration measured along the well bore. If a well is drilled from a platform or barge over water, the depth of the water is included in the total length of the well bore. Sidetrack Drilling. This is a remedial operation that results in the creation of a new section of well bore for the purpose of (1) detouring around junk, (2) re-drilling lost hole, or (3) straightening key seats and crooked holes. Directional 'sidetrack' wells do not include footage in the common bore that is reported as footage for the original well.

Foreign Access - Refers to proved reserves of crude (including lease-condensate) and natural gas liquids applicable to long-term supply agreements with foreign governments or authorities in which the company acts as producer.

Foreign Operations - These are operations that are located outside the United States. Determination of whether an enterprise's mobile assets, such as offshore drilling rigs or ocean-going vessels, constitute foreign operations should depend on whether such assets are normally identified with operations located outside the United States. Foreign operations are segregated into the following areas for FRS reporting purposes: OECD Europe. Includes Austria, Belgium, Denmark, Finland, France, the Federal Republic of Germany, Greece, Iceland, Ireland, Italy, Luxembourg, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Turkey, and the United Kingdom. Former Soviet Union (FSU) and East Europe. The Baltic States of Estonia, Latvia, and Lithuania, as well as Armenia, Azerbaijan, Belarus, Georgia, Kazakhstan, Kyrgystan, Moldova, Russia, Tajikstan, Turkmenistan, Ukraine, Uzbekistan, Albania, Bulgaria, Czech Republic, Hungary, Poland, Romania, Slovakia, and Yugoslavia. Middle East. Includes Saudi Arabia, the United Arab Emirates, Iraq, Iran, Kuwait, the Iraq- Saudi Arabia Neutral Zone, Qatar, Dubai, Bahrain, Oman, Yemen, Syria, Jordan, and Israel. Canada. Africa (the African continent). Other Eastern Hemisphere. Areas eastward of the Greenwich prime meridian to 180 degrees longitude and not included in other specified domestic or foreign classifications. Other Western Hemisphere. Areas westward of the Greenwich prime meridian to 180 degrees longitude not included in other domestic or foreign classifications.

Fuel - A substance used to produce heat.

Fuel Cell - A device that converts the chemical energy of a fuel and an oxidant directly into electricity. The principal components of a fuel cell include electrodes catalytically activated for the fuel (anode) and the oxidant (cathode), and an electrolyte to conduct ions between two electrodes; thereby producing electricity.

Funds From Operations - Calculated by adding non-cash charges back to net income or contribution to net income. Deferred taxes and depreciation, depletion, and amortization (DD&A) are the largest non-cash charges.

Funds, Total Sources of - The total source of funds including net income plus non-cash charges such as DD&A and deferred taxes, issuance of stocks and bonds, and proceeds from the sale or property, plant, and equipment. The concept is similar to cash flow generated, but does not attempt to account for changes in working capital items. Thus, for example, an inventory buildup or drawdown would not be accounted for under the 'funds' concept since both cash and inventory are items of working capital.