Examples of Development Wells in a sentence
Table 2-6 Crude Oil and Natural Gas Exploratory and Development Wells and Average Depth, 1990-2010Wells Drilled Source: U.S. Energy Information Administration* Average Depth values for 2009-2010 are estimates.
Development Wells; Effect on Profitability of Windfall Profits Tax “Tiers” 51 33.
United States CanadaDevelopment Wells Exploratory Wells Development Wells Exploratory WellsCategory of Well Gross Net Gross Net Gross Net Gross NetCrude oil wells4228 For a description of the Corporation’s 2018 development plans and the anticipated sources of funding these plans, see "Capital Expenditures and Costs Incurred", above.
Development Wells (Net) During the years ended December 31, 2015, 2014 and 2013 we drilled 132.8, 180.3 and 139.8 net development wells, respectively.
United States Canada Development Wells Exploratory Wells Development Wells Exploratory Wells Category of Well Gross Net Gross Net Gross Net Gross NetCrude oil wells5622.0 For a description of the Corporation's 2022 development plans and the anticipated sources of funding these plans, see "Capital Expenditures and Costs Incurred", above.
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M/s Selan Exploration Technology Limited have proposed for the drilling of additional 14 Appraisal cum Development Wells in Lohar Oil & Gas field Block, Cambay Basin (On-shore), District-Mehsana, Gujarat.
The Parties agree for purposes of settlement that in no event shall this shared savings amount result in Wexpro earning a rate of return on post-2015 Development Wells greater than the Base Rate of Return (Base ROR) + 8% (Settlement Stipulation Exhibit 2, line 28).
Issuers that drill Development Wells generally have a higher degree of information about the quality of the prospect being drilled (as compared to Exploration Wells) which leads to a higher likelihood that the drilling will be economically successful.
An expenditure being made by an issuer that qualifies for a CDE expense is making an oilfield investment (for example, drilling Development Wells) with an outcome that is typically more certain.