turnkey drilling contract

Oil & gas. A drilling contract under which the drilling contractor promises to perform specified functions for an agreed price.

• The lease operator has little or no discretion to control the drilling contractor, and so assumes little or no liability for damages that the drilling may cause. Cf. daywork drilling contract; footage drilling contract.

---

词条贡献者

资深译员Kevin，毕业于亚洲顶尖的高级翻译学院，擅长翻译涉及能源和电力领域的法律文件。