Gross well definition

Gross well means a well in which a working interest is owned.

Examples of Gross well in a sentence

  • ItemUS$ ('000)Cost of rig2,250Services2,050Staff720 Figure 10: TLP-103 well cost Gross well costs are estimated at ~$8m (including $1m contingency).

Related to Gross well

  • Baseline area means any intra- state area (and every part thereof) des- ignated as attainment or unclassifiable under section 107(d)(1)(A)(ii) or (iii) of the Act in which the major source or major modification establishing the minor source baseline date would con- struct or would have an air quality im- pact for the pollutant for which the baseline date is established, as follows: equal to or greater than 1 μg/m3 (an- nual average) for SO2, NO2, or PM10; or equal or greater than 0.3 μg/m3 (annual average) for PM2.5.(ii) Area redesignations under section 107(d)(1)(A)(ii) or (iii) of the Act cannot intersect or be smaller than the area of impact of any major stationary source or major modification which: