Newfield Exploration's Glossary

  • API: American Petroleum Institute.
  • AXPC:American Exploration & Prodcution Council.
  • DART: Days Away Restricted/Transferred in regard to injuries.
  • DOT: Department of Transportation.
  • Emissions: A substance discharged into the air.
  • Gulf Coast Region: Newfield and the Gulf of Mexico operating region that includes all of our operations onshore Texas with regional headquarters in Houston.
  • GOM: Gulf of Mexico where Newfield has operations with a primary focus on deepwater exploration and development.
  • HITS: Hazardous Identification Tracking System.
  • IADC: International Association of Drilling Contractors.
  • International: Newfield has production operations offshore Malaysia and prospective licenses offshore China.
  • LTI: Lost Time Incident.
  • Mid-Continent: Operating region that primarily includes Oklahoma and the Texas Panhandle. The regions most active producing basins include the Anadarko and Arkoma. Regional headquarters is in Tulsa, Okla.
  • NFX: The ticker symbol for Newfield Exploration Company's common stock, which is listed on the New York Stock Exchange.
  • OSHA: Occupational Safety & Health Administration.
  • Recommended Practices: Guideline in regards to controlling environmental impact.
  • Recordable Incident: This is an injury that meets OSHA's definition for recordability.
  • Rocky Mountain Region: Newfield operating area of Monument Butte, Utah; Green River Basin (Pinedale and Jonah Fields), Wyo.; Williston Basin, Mont., & N.D.; & Powder River Basin, Wyo. - with regional headquarters in Denver, Colo.
  • SAFE Award: Presented by the Minerals Management Service (MMS), the SAFE Program recognizes exemplary performance by Outer Continental Shelf (OCS) oil and gas operators and contractors. It also highlights to the public that companies can conduct offshore oil and gas activities safely and in a pollution-free manner, even though such activities are complex and carry a significant element of risk.
  • SEMP: Safety and Environmental Management Program.
  • SPCC: Spill Prevention, Control & Countermeasure.
  • Stop Work Authority Policy: This policy gives authority to anyone on location to stop a job for safety reasons.
  • Zero Incident Rate: No injuries during a fixed period, a common goal that Newfield and the industry strive to obtain.