Home > Term: Dry hole contribution
Dry hole contribution
A payment (either incash or acreage) that is required by agreement only if a test well is unsuccessful and that is made in exchange for well test and evaluation data.
- Part of Speech: noun
- Industry/Domain: Energy
- Category: Coal; Natural gas; Petrol
- Company: EIA
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Creator
- Harry8L
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(V.I.P) 574128 points - 100% positive feedback
(London, United Kingdom)
