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AFE definition

Examples of AFE in a sentence

  • The AFE or notice shall indicate that the proposal is a counterproposal to the original proposal.

  • AFE Analog Front End that converts digital signals to analog for input and output on physical interface.

  • Acceptable methods for reporting cost are: (1) percentage complete times the authorization for expenditure (AFE), budgeted, or contract amounts; and (2) actual expenditure to date.

  • That certain project related to AFE# 097100014 and AFE# 107100014 at the Amorco terminal, which provide repairs and upgrades to the wharf regarding MOTEMS standards.

  • Generally, an agreement, including one processed as an Authorization for Expenditure (AFE) with a Letter of Agreement, is covered by the CRO if it meets one of the definitions below.


More Definitions of AFE

AFE means an Authority for Expenditure prepared by a party to this agreement for the purpose of estimating the costs to be incurred in conducting an operation hereunder.
AFE shall have the meaning set forth in Section 4.13.
AFE means an authorization for expenditure representing an estimate of work to be performed for a specific drilling, completion or other operation.
AFE has the meaning set forth in Section 3.11.
AFE means any authorization for expenditure or other capital proposal to conduct operations relating to the Oil & Gas Assets.