Prospective Unit

Oil & Gas Drilling Glossary - IADCLexicon.org

Glossary

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

FAQ

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

Contribute

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

Definition(s)

Prospective Unit

“Prospective spacing unit” means a hypothetical spacing unit that does not yet have a producing well.

Source: Oil and Gas, New Mexico Administrative Code Title 19, Chapter 15, January 2013. Regulations

Comments are closed.