To temporarily or permanently cease production from a well or to cease further drilling operations.

The person to whom the interests are assigned.

Person who conveys interest in an assignment.

The hole created by the drilling of the well.

The lowest or deepest part of a well.

Steel pipe placed in an oil or gas well to prevent the wall of the hole from caving in, to prevent movement of fluids from one formation to another and to aid in well control.

Stub attached to a check disclosing well name, month of production, price received, total volumes produced, and net decimal interest of payee.

After the drilling of a successful well, the “completion” includes all the work required to make the well ready for commercial production.

Legal term for transferring the title of a property from one party to another, typically by deed (or bill of sale, etc.)

A naturally occurring mixture of liquid hydrocarbons as it comes out of the ground.