Glossary

Jack

An oil well pumping unit that operates with an up-and-down, or seesawing, motion; also called a pumping jack.

Jack-up Rig

A type of mobile offshore platform with retractable legs that stand on the seabed to help support the drilling platform.

Jacket

The steel lattice structure that supports an offshore platform.

Jacket Platform

An offshore platform constructed entirely of steel. Such platforms generally are held in position by long steel piles driven deep into the seabed.

Joint Venture

An investment undertaken by a consortium of companies, usually with one member acting as operator.