Unit Area

Oil & Gas Drilling Glossary - IADCLexicon.org

Glossary

Browse the IADC Lexicon alphabetically or by category. Get comprehensive definitions of drilling industry terms.

Need help using the IADC Lexicon? The FAQ section will answer most of your questions, and you can also submit questions directly.

Become a Lexicon Contributor. Simply fill out the form, then submit new terms for approval and/or edit existing terms.

“Unit area” means the area that is subject to a unit agreement; secteur unitaire.

Source: Canada-Nova Scotia Offshore Petroleum Resources Accord Implementation Act, S.C. 1988, c. 28, Canada, current to May 26, 2013. Legislation

Source: Canada Oil and Gas Operations Act, R.S.C., 1985, c. O-7, Canada, current to April 29, 2013. Legislation

Comments are closed.