Oil and Natural Gas Price Data - GASearch Energy Intelligence

ULCC	Ultra Large Crude Carrier; has capacity for 320,000 to 600,000 dwt.

Umm Shaiff Crude Oil	Crude oil from Abu Dhabi with API gravity of * and * % sulfur.

Unbundled Service	A service enabling end users to buy their own gas, pay all costs to have it delivered to the City Gate and pay the Local Utility for transportation service from the City Gate to the facility. Separating pipeline transmission, sales and storage services into separate transactions or transaction prices.

Underground Hydrocarbon Storage	The use of sub-surface geologic formations for storing liquid, liquefied or gaseous hydrocarbons, such as natural gasoline, propane and natural gas.

Underproduction	Production that is less than the allowable assigned to a proration unit.

Unitization	Joint operations to maximize recovery among separate operators within a common reservoir.

Unitization Tract	Land subject to a unitization agreement.

Updip	A term used in a hydrocarbon reservoir that is not flat, i.e a dipping formation. In such a formation, gas is found updip from the oil.

Urals Crude Oil	Russia crude oil with gravity of ***

Urals ex-Baltic Sea	Baltic Sea load ports reflected in its FOB assessment in the north to include Ventspils, Butinge and Tallinn. The API is approximately * degrees, with a sulfur content of * %.

Urals ex-Novorossiisk	Cargoes traded at the Black Sea port of Novorossiisk. The API gravity is approximately * degrees, with a sulfur content of * %.

Urals Med (CIF Augusta)	Cargoes loading from Black Sea ports of Novorossiisk, Odessa, Theodosia, Kavkaz, Yuzhny and Kerch for delivery into the Mediterranean. Gravity is approximately * degrees, with a sulfur content of * %.

Urals Rotterdam (CIF Rotterdam)	This daily spot assessment takes into account cargoes loading from Baltic Sea ports of Ventspils and Butinge, Russia, Primorsk, Estonia, Tallinn, Germany, Rostock and Poland, Gdansk. The API gravity is approximately * degrees, with a sulfur content of * %.