KILT meaning in oil and gas
Definition
Known Invisible Lost Time
KILT means Known Invisible Lost Time. Known Invisible Lost Time is the portion of Invisible Lost Time that has been identified (and therefore no longer invisible) as part of the Continuous Improvement process. Note…
Known Invisible Lost Time is the portion of Invisible Lost Time that has been identified (and therefore no longer invisible) as part of the Continuous Improvement process. Note: Invisible Lost Time is the peformance gap between Productive Time recorded and a Technical Limit or Best Composite Well Time.
✓ Verified term