Farm-in is an arrangement whereby one oil operator "buys in" or acquires an interest in a lease or concession owned by another operator on which oil or gas has been discovered or is being pr [..]

An outside party paying a land owner all or a percentage of the drilling costs of a well in order to obtain a working interest in the land or well.

The process whereby a company joins another company or joint venture participating in a block or field. The company farming in is granted a working interest in the field or block in return for cash an [..]

fahrm-in The process whereby a company joins another company or joint venture participating in a block or field. The company farming in is granted a working interest in the field or block in return for cash and/or a carry through an exploration programme.

where one company acquires an interest in an exploration or production licence by paying some of the past or future costs of another company which is relinquishing (farming out) part of its interest.

An arrangement whereby one oil operator buys in or acquires an interest in a lease or concession owned by another operator on which oil or natural gas has been discovered or is being produced. Often f [..]

When a company acquires an interest in a licence by taking over all or part of the financial commitment for drilling an exploration well. Fault block

The process whereby a company joins another company or joint venture participating in a block or field. The company farming in is granted a working interest in the field or block in return for cash and/or a carry through an exploration programme.

To acquire an interest in a licence from another party with conditions