• IADC
    International Association of Drilling Contractors : A trade association that represents the interests of members of the drilling segment of the oil and gas industry. It offers publications regarding recommended industry practices and training materials.

  • IEA
    International Energy Agency

  • Imported crude oil burned as fuel
    The amount of foreign crude oil burned as a fuel oil, usually as residual fuel oil, without being processed as such. Imported crude oil burned as fuel includes lease condensate and liquid hydrocarbons produced from tar sands, gilsonite, and oil shale.

  • Impoundment
    Spill control for tank content designed to limit the liquid travel in case of release. May also refer to spill control for LNG piping or transfer operations.

  • Improved recovery
    Extraction of crude oil or natural gas by any method other than those that rely primarily on natural reservoir pressure, gas lift, or a system of pumps.

  • Indirect-injection engine
    An older model of diesel engine in which fuel is injected into a pre-chamber, partly combusted, and then sent to the fuel-injection chamber.

  • Injections
    Natural gas injected into storage reservoirs.

  • Integrated
    When applied to an oil company, it indicates a firm that operates in both the upstream and downstream sectors (from exploration through to refining and marketing)

  • Intermediate grade gasoline
    A grade of unleaded gasoline with an octane rating intermediate between "regular" and "premium." Octane boosters are added to gasolines to control engine pre-ignition or "knocking" by slowing combustion rates.

  • International bunker fuels
    Fuel supplied to ships and aircraft, both domestic and foreign, consisting primarily of residual and distillate fuel oil for ships and kerosene-based jet fuel for aircraft. The term "international bunker fuels" is used to denote the consumption of fuel for international transport activities. Note: For the purposes of greenhouse gas emissions inventories, data on emissions from combustion of international bunker fuels are subtracted from national emissions totals. Historically, bunker fuels have meant only ship fuel.

  • Interruptible gas
    Gas sold to customers with a provision that permits curtailment or cessation of service at the discretion of the distributing company under certain circumstances, as specified in the service contract.

  • Interstate pipeline
    Any person engaged in natural gas transportation subject to the jurisdiction of Federal Energy Regulatory Commission (FERC) under the Natural Gas Act.

  • Interstate pipeline purchase
    Any gas supply contracted from and volumes purchased from other interstate pipelines, overland natural gas import purchases, and LNG, SNG, or coal gas purchases from domestic or foreign sources. Purchases from intrastate pipelines to section 311 (b) of the NGPA of 1978 and from independent producers are not included with interstate pipelines purchase.

  • IRAC
    Imported Refiners' Acquisition Cost : The average price for imported oil paid by U.S. refiners.

  • Isobutane (C4H10)
    A normally gaseous branch-chain hydrocarbon. It is a colorless paraffinic gas that boils at a temperature of 10.9 degrees Fahrenheit. It is extracted from natural gas or refinery gas streams.

  • Isobutylene (C4H8)
    An olefinic hydrocarbon recovered from refinery processes or petrochemical processes.