10 ENGLISH BOOKS RELATING TO «DRY HOLE»
Discover the use of
dry hole in the following bibliographical selection. Books relating to
dry hole and brief extracts from same to provide context of its use in English literature.
1
Fundamentals of Oil & Gas Accounting
A company with a large exploratory drilling program and a normal unsuccessful
drilling rate would, under successful efforts, have a significant amount of dry- hole
expense. Those dry-hole costs would adversely affect the net income of a ...
Charlotte J. Wright, Rebecca A. Gallun, 2008
2
Dictionary of Petroleum Exploration, Drilling & Production, ...
[Cf. bottomhole agreement] dry hole budget future monies that will be spent
drilling dry holes based on exploration success statistics dry hole capacity see
allowable dry holes dry hole clause an oil and gas lease provision that defines
what a ...
59(e)(1), (6)).262 If the operator has elected to capitalize intangible drilling and
development costs, and the well later proves to be nonproductive (a dry hole), the
operator may elect to deduct those costs as an ordinary loss. The election, once ...
4
Handbook of Oil Industry Terms and Phrases
DRY HOLE An unsuccessful well; a well drilled to a certain depth without finding
oil; a duster. DRY-HOLE LETTER A document similar to a bottom-hole letter
except that a dry-hole letter creates an obligation to pay the operator a specified ...
5
Project Economics and Decision Analysis: Probabilistic Models
This is a simple case of two acts (drill or farmout) and two events (dry hole or
producer). The objective is to determine the dry hole probability when the
decision maker will be indifferent to the alternatives. If p is the probability of dry
hole and (1 ...
6
The Greatest Gamblers: The Epic of American Oil Exploration
experienced driller who had earned the unlucky nickname of Dry Hole Charlie by
never bringing in a producer. Drilling was continued on and off down to 2,200
feet, at which point work was stopped, awaiting the services of the next spare
crew ...
Ruth Sheldon Knowles, 1980
7
Computing Risk for Oil Prospects: Principles and Programs: ...
(k) Incorporate dry hole probability and rescale probabilities for field size classes
by adding the dry hole probability to other probabilities in (a) and dividing by the
total so that the rescaled probabilities sum to 1.0. The set of probabilities is now ...
J.W. Harbaugh, J.C. Davis, J. Wendebourg, 1995
8
Handbook of Oil Industry Terms & Phrases, 6th Edition:
DRY HOLE An unsuccessful well; a well drilled to a certain depth without finding
oil; a duster. DRY-HOLE LETTER A document similar to a bottom-hole letter,
except that a dry-hole letter creates an obligation to pay the operator a specified ...
9
Drilling: The Manual of Methods, Applications, and Management
Procedures for cementing plastic casing Dry hole method In the dry hole method,
the casing cannot collapse, as it forms a sealed cylinder full of incompressible
liquid. Assume hole is 50 m ( 1 60 ft) deep. S.G. of cement = 1.7 S.G. of water =
1.0 ...
The Australian Drilling, 1997
10
Project Economics and Decision Analysis: Probabilistic models
Volume II: Probabilistic Models The decision maker would be indifferent between
the two alternatives if the two expected values are equal. The question is, at what
dry hole probability the expected value of the two alternatives will be equal.
M. A. Mian, Mohammed A. Mian, 2002
10 NEWS ITEMS WHICH INCLUDE THE TERM «DRY HOLE»
Find out what the national and international press are talking about and how the term
dry hole is used in the context of the following news items.
Fastnet Oil & Gas conserves its cash and cuts costs as it looks for …
There is no point in denying that the dry hole that AIM-listed Fastnet Oil & Gas (LON:FAST) experienced over year ago now, offshore Morocco, ... «Proactive Investors UK, Jul 15»
The Lowdown on Fracking
If you missed, you made a dry hole. Conversely, if a shale region is found to be abundant with gas, you could drill anywhere the rock formation ... «Laboratory Equipment, Jul 15»
Citation Resources drill program on track at North Chapman Ranch
Citation has already pre-paid in full its share of the dry hole AFE costs (US$613,000) to the Operator for the Russel Bevly #2 appraisal well on ... «OilVoice, Jul 15»
Water Returns To Palmer Lake
"We were out here four months ago, looking at a dry hole; now there's water in the lake," Hulsmann said. The victory changed the water rights ... «KKTV 11 News, Jul 15»
Galilee Energy progresses testing at Hoffer B1 well, Texas
... Midcox unit are able to be carried out under turnkey contracts and are expected to cost less than US$2.0M ($640k GLL share) dry hole cost. «OilVoice, Jul 15»
All hail to Haley, Republicans say with great relief
They've been leading their GOP herd into one dry hole after another – dry holes of unadapting social agendas and unimaginative (see also: ... «SaukValley.com, Jul 15»
GOP may have just been rescued by an unlikely hero
They've been leading their GOP herd into one dry hole after another – dry holes of unadapting social agendas and unimaginative (see also: ... «The Herald, Jul 15»
Concerned Shareholder of Terra Nova Energy Ltd. Urges …
Terra Nova would be in a good position to raise the necessary capital to drill at least 5 wells, which would reduce the risk of a dry hole. If Terra ... «Stockhouse, Jul 15»
Martin Schram: GOP may have just been rescued by an unlikely hero
They've been leading their GOP herd into one dry hole after another - dry holes of unadapting social agendas and unimaginative (see also: ... «Hilton Head Island Packet, Jul 15»
Tullow Oil plc: Trading statement and operational update
... well and moved to the Tullow operated Zumba prospect which completed drilling in June and was plugged and abandoned as a dry hole. «Your Oil and Gas News, Jul 15»
