دیکشنری تخصصی مهندسی نفت - نسخه آنلاین

n: a tract of land granted by a government to an individual or company for exploration and exploitation of minerals.

A grant of access for a defined area and time period that transfers certain rights to hydrocarbons that may be discovered from the host country to an enterprise. The enterprise is generally responsible for exploration, development, production and sale of

a strip of land or water through which a concession is obtained to run pipelines, electrical power, etc.

n: an agreement identical to a farmout, with the operator as the third party. The operator takes the farm-in. See farmout.

an outside party paying a concession owner all or a percentage of the drilling costs of a well in order to obtain a working interest in the land or well.

a concession owner selling a percentage of a lease to an outside operator for drilling a well.