TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

PRISE INTERET [1 record]

Filter results by subject field Alphabetical list of terms

Filter results by subject field

Alphabetical list of terms

Record 1 2001-06-19

English

Subject field(s)
  • Commercial Utilization (Oil and Natural Gas)
  • Law of Contracts (common law)
DEF

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 produced.

OBS

Often farm-ins are negotiated to assist the original owner with development costs and to secure for the buyer a source of crude or natural gas.

French

Domaine(s)
  • Exploitation commerciale (Pétrole et gaz naturel)
  • Droit des contrats (common law)
DEF

Acquisition d'une participation dans une propriété pétrolifère ou gazéifère en échange de travaux exécutés sur la propriété.

OBS

Acquisition d'une part par accord d'affermage. Voir aussi «accord d'affermage», qui est le générique recouvrant les deux notions de «farm-in» et de «farm-out».

Spanish

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TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
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