Drilling Rig definition

Drilling Rig means any drilling rig (or the stock or indebtedness of any Subsidiary owning a drilling rig) that the Company leases or owns, either entirely or in part; provided that no drilling rig that has a gross book value of less than 1% of the Company’s Consolidated Net Tangible Assets will be deemed to be a “Drilling Rig” for purposes of Section 4.03 hereof.
Drilling Rig means the onshore drilling rig and associated equipment;
Drilling Rig means the complete structure and machinery required for drilling purposes at the bore hole site;

Examples of Drilling Rig in a sentence

  • This account shall include the amount of cash and securities (at cost) deposited to any restricted fund, in- cluding but not limited to Title XI Re- serve or Restricted Fund, Capital Con- struction Fund, Construction Reserve Fund, Title XI Escrow Fund, Title XI Construction Fund, Drilling Rig Re- serve Fund, Insurance Fund, Debt Re- tirement Fund, special and guarantee deposits.

  • The mobilization of the Drilling Rig package, its equipment/accessories, personnel etc.

  • Source: China’s Global Power Data, Boston University Global Development Policy Center GCI@GDPCenterPardee School of Global Studies/Boston UniversityAmong the currently operating power plants, Chinese policy banks have been financing overseas projects that lead to approximately 211 Mt of CO2 emissions per year, with more potentially to come in the projects under construction or planning.

  • LFG composition, landfill pressures near the extraction well, and volumetric flow rate of LFG extracted from the wells aremeasured and the landfill gas production flow rate is calculated.2. Apparatus2.1 Well Drilling Rig.

  • This account shall include the amount of cash and securities (at cost) deposited to any restricted fund, in- cluding but not limited to Title XI Re- serve or Restricted Fund, Capital Con- struction Fund, Construction Reserve Fund, Title XI Escrow Fund, Title XI Construction Fund, Drilling Rig Re- serve Fund, Insurance Fund, Debt Re- 54 tirement Fund, special and guarantee deposits.


More Definitions of Drilling Rig

Drilling Rig means machinery and ancillary equipment used for drilling wells and/or for working over wells;
Drilling Rig means the plant used to make a Well by boring or other means and includes a derrick, draw works, rotary table, mud pump, Blowout preventer, accumulator, choke manifold and other associated equipment including power, control and monitoring systems;
Drilling Rig means the derrick and all equipment directly involved with drilling a well. (« appareil de forage »)
Drilling Rig means any drilling vessel or offshore rig owned by the Company or a Subsidiary thereof.
Drilling Rig means the Drilling Rig to be utilized by CONTRACTOR in the performance of its obligations under this Contract and as listed.
Drilling Rig means the plant and associated support equipment used to make a hole or well by boring or other means for geophysical, exploration or production purposes;
Drilling Rig means the equipment used to make a well by either boring or other methods and includes a derrick, drawworks, rotary table, mud pump, blowout preventer, accumulator, choke manifold and other associated equipment including power, control and monitoring systems;