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Contract

A written agreement that can be enforced by law and that lists the terms under which the acts required are to be performed. A drilling contract may cover such factors as the cost of drilling the well (whether by the foot or by the day), the distribution of expenses between operator and contractor, and the type of equipment to be used.

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  • ส่วนหนึ่งของคำพูด: noun
  • อุตสาหกรรม/ขอบเขต: Oil & gas
  • Category: Drilling
  • Company: PETEX

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