Petroleum Acronyms
OIL & GAS GLOSSARY
HomeGlossarySubmitAbout
Home/Glossary/PG1
Category
General Industry Term
In This Category
PFPEPFRPFSPGPG2PG3PG4PG5
General Industry Term

PG1

Definition

Peer Group 1

PG1 means Peer Group 1. Exploration & Access (Upstream)

✓ Verified term
Suggest a correction

You might also be looking for

PV10
Present Value Discounted at Ten Percent
UPB
Upper Packer Bore
UPT
Upper Production Tubing
1G
One Thousand
1H
First Half (?)
Petroleum Acronyms

The comprehensive reference for oil and gas acronyms, abbreviations, and petroleum industry terminology. Used by engineers, geologists, and industry professionals worldwide.

Quick Links

  • Browse Glossary
  • Submit a Term
  • About
  • Contact
  • Privacy Policy
  • Terms of Use

Guides

  • Acronyms 101
  • Drilling Acronyms
  • HSE Terminology
  • Reservoir Engineering
  • Upstream / Midstream / Downstream

Categories

  • Drilling & Wells
  • HSE & Risk
  • Production & Operations
  • Reservoir & Subsurface
  • Marine & Logistics
© 2026 Petroleum Acronyms. All rights reserved.This website is an independent reference resource for oil and gas terminology. Company names and trademarks mentioned belong to their respective owners and are used solely for identification and informational purposes. No affiliation or endorsement is implied.