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Definition Of:

API BID SHEETAND WELL SPECIFICATIONS

Petroleum Industry DictionaryPetroleum Industry Dictionary
A form many operators use in soliciting bids on a well to be drifted and completed. The form is submitted to drilling contractors in the area of the proposed well. The operator asking for bids fills out the part of the form giving the name and location of the well, commencement date, depth or formation to be drilled into, and other information. When a drilling contractor submits a bid, he lists the rig and equipment to be furnished by him draw works, slush pumps, derrick or mast size, make. capacity, drill-pipe, tool joints, etc. The bid sheet brings operator and contractor together. as it were; then they arrive at rates and other matters.

 

Petroleum Industry Dictionary INDEX:

List of Terms: Terms beginning with "A", Page 1

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20

A: Page 1 of 20.

A
A-FRAME
A-h
A-mast
AAODC
AAPG
Abandon
ABANDONED OIL
Abandoned Well

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