Commercial Field (Oil and Gas) Law and Legal Definition
Commercial field is an oil field judged to be capable of producing sufficient net income. It is considered to be worth developing.
Whereas, Marginal Field refers to an oil field that may not produce enough net income to make it worth developing at a given time. However; should technical or economic conditions change, such a field may become commercial field.
Legal Definition list
- Commercial Field (Oil and Gas)
- Commercial Establishment
- Commercial Entry
- Commercial Electronic Mail Message
- Commercial Electric or Hybrid Vehicle
- Commercial Fishing [Wildlife and Fisheries]
- Commercial Fishing Operation
- Commercial Fishing Operation ( Bankruptcy)
- Commercial Forest Land
- Commercial Frustration and Temporary Frustration
- Commercial General Liability Coverage
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- A Commercial Trade
- Abandon
- Abandon [Shipping]
- Abandoned Infant
- Abandoned Mark
