daywork drilling contract

Oil & gas. A contract under which the lease operator hires a drilling rig and oilfield workers, pays an amount based on the time spent in drilling operations, and retains the right to direct drilling operations.

• This type of contract gives the lease operator broad control over the drilling contractor, so courts in turn impose broad liability on the lease operator for any damages that result from the drilling. Cf. footage drilling contract; turnkey drilling contract.

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词条贡献者

译员张宏，知名法学院法律翻译专业，专注翻译各种与调查与白领犯罪辩护有关的法律文件。