Meaning authority for expenditure
What does authority for expenditure mean? Here you find 3 meanings of the word authority for expenditure. You can also add a definition of authority for expenditure yourself
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authority for expenditureA budgetary document, usually prepared by the operator, to list estimated expenses of drilling a well to a specified depth, casing point or geological objective, and then either completing or abandoni [..]
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authority for expenditure("AFE") A formal document requesting the expenditure of capital funds on a defined business objective. Authorized by senior management or participants, depending on the funding level [..]
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authority for expenditureAn estimate of costs prepared by a lease operator and sent to non-operators for their approval before work begins. This estimate is normally used in connection with well drilling operations.
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| << AOF | alkaline flooding >> |
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