05.07.2009

Platforms cannot be moved like jackups. They are immobile and are typically made from steel or cement and are used to drill new development wells

Period during which the plateau DCQ continues

The level of peak production reached by an oil or gas field; it is always followed by declining level of production.

In a depletion contract, the gas agreement will specify a fixed DCQ for the early years of the contract

Tectonics is the study of crustal deformation and structural behavior. Plate Tectonics is the deformation and structural behavior of crustal plates