Meaning Abandonment Costs
What does Abandonment Costs mean? Here you find 3 meanings of the word Abandonment Costs. You can also add a definition of Abandonment Costs yourself
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Abandonment CostsCosts associated with the abandonment of facilities or services, including costs for the removal of facilities and restoration of the land.
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Abandonment CostsThe costs associated with abandoning a well or production facility. Such costs are specified in the authority for expenditure (AFE ), and typically cover the plugging of wells; removal of well equipme [..]
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Abandonment CostsThe money spent to abandon a well or production facility, including plugging a well, removing well equipment and surface remediation.
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