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

法律翻译Virginia，毕业于一所旨在培养高级翻译专业人才的翻译院校，专注翻译各类与国际贸易与投资监管有关的法律文件。