drilling contract

drilling contract

drilling contract Oil & gas. A well-drilling agreement between a drilling contractor, who owns drilling rigs and associated equipment, and the owner or lessor of the mineral rights. ? The contract spells out the rights and duties of the parties. In general, the more control the interest-owner retains over the contractor, the more liability the […]

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DRILLING CONTRACT

DRILLING CONTRACT drilling contract. Oil & gas. A well-drilling agreement between a drilling contractor, who owns drilling rigs and associated equipment, and the owner or lessor of the mineral rights. ? The contract spells out the rights and duties of the parties. In general, the more control the interest-owner retains over the contractor, the more

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