MLchartDataset catalogue

Contract depth

Term · Oil and gas · MLC-T-OAG-000837

The total measured depth specified in the drilling contract to which a well is to be drilled. Reaching this depth signifies the completion of the drilling phase as per the agreement between the operator and the drilling contractor. Payment terms are often tied to achieving this depth.

Table 1. Record
IdentifierMLC-T-OAG-000837
FieldOil and gas
SubjectDrilling
Record as JSON 
{
  "id": "MLC-T-OAG-000837",
  "term": "Contract depth",
  "field": "Oil and gas",
  "definition": "The total measured depth specified in the drilling contract to which a well is to be drilled. Reaching this depth signifies the completion of the drilling phase as per the agreement between the operator and the drilling contractor. Payment terms are often tied to achieving this depth.",
  "subject": "Drilling",
  "url": "https://mlchart.com/terminology/oil-and-gas/contract-depth/"
}

Record 900 of 4,469 in Oil and gas terminology (MLC-0103). Request the full dataset.