Examples of Dry hole in a sentence
Dry hole wells shall be backfilled with cement grout, concrete or other approved material.
The main consideration was to ensure the coverage of the all questions and to select as representative a sub-sample as possible.
Acquisition costs include amounts paid for the acquisition of exploration and development licenses.Exploration and evaluation assets include:• Costs of topographical, geological, and geophysical studies and rights of access to properties to conduct those studies;• Costs of carrying and retaining undeveloped properties;• Bottom hole contribution;• Dry hole contribution; and• Costs of drilling and equipping exploratory wells.
Dry hole" means an open borehole or cased borehole that does not produce water in sufficient quantity and that can not be modified with a low yield pump and storage reservoir, or combined with another water source to produce water for the intended use.
Dry hole and lease impairment expenses totaled $67 million pre-tax for the quarter, primarily for the Kamunsu East Field in Malaysia that is no longer in our development plans, as well as a dry hole in Norway.