dry hole agreement

dry-hole agreement. Oil & gas. A support agreement in which the contributing party agrees to make a cash contribution to the drilling party in exchange for geological or drilling information if the well drilled is unproductive. See SUPPORT AGREEMENT.

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词条贡献者

双语律师Jason，国内知名法学院国际贸易专业，擅长翻译各类与出口管制、经济制裁及海关相关的法律文件。