Meaning Secondary Term
What does Secondary Term mean? Here you find 4 meanings of the word Secondary Term. You can also add a definition of Secondary Term yourself
1 |
0
0
Secondary TermThe term of an oil and gas lease in which the lease is held in force after expiration of the primary term. Production, operations, continuous drilling and/or shut-in royalty payments are often used to [..]
|
2 |
0
0
Secondary TermIndefinite period of time after the primary term.
|
3 |
0
0
Secondary TermThe period of time that a lease is automatically extended beyond the primary term, as long as there is active drilling or production. See primary term
|
4 |
0
0
Secondary Term
|
| << Rule of Capture | Separator >> |
Dictionary.university is a dictionary written by people like you and me.
Please help and add a word. All sort of words are welcome!
Add meaning
Please help and add a word. All sort of words are welcome!