دیکشنری تخصصی مهندسی نفت - نسخه آنلاین

American Association of Oilwell Drilling Contractors.

agreement between a host and a contract lease holder under which the host pays the contractor an agreed price for all or part of the produced hydrocarbons.

n: (CAODC) a trade association that represents virtually 100% of the rotary drilling contractors and the majority of well service rig operators in western Canada. The relations, and other matters of interest to members. Address: 540 5th Avenue SW, Suite 800;Calgary, Alberta, Canada T2P OM2;(403) 264-4311;fax (403) 263-3796.

n: A commercial association. Its headquarters is located at Calgary, Albert, Canada. This association practically stands for rotary drilling contractors and oil well operator in the west of Canada.

abbr: Canadian Association of Oilwell Drilling Contractors.

n: a written agreement that can be enforced by law and that lists the terms under which the acts required are to be performed. A drilling contract covers such factors as the cost of drilling the well (whether by the foot or by the day),the distribution of expenses between operator and contractor, and the type of equipment to be used.

n: The contractor contracts building according to the drilling design in the drilling contract made by the two parties.

n: see drilling contractor:

n pi: the basis for payment on drilling contracts when footage rates are suspended (as when the drilling rig is used in taking extra cores. logging. or other activities that delay actual drilling) or when the contract daywork rates. In effect, daywork rates pay the drilling contractor by the hour rather than by the foot.

n: See day rate charge.

n: The time curve of well depth obtained by contractor with simulated drilling condition and average drill rig time curve provided by operator.