The specific reservoir interval(s) that is (are) open to the borehole and connected to the surface facilities for production or injection.
The date on which the installation of permanent equipment has been completed as reported to the appropriate regulatory agency. The date of completion of a dry hole is the date of abandonment as reported to the appropriate agency. The date of completion of a service well is the date on which the well is equipped to perform the service for which it was intended
Completion of a well. The process by which a well is brought to its final classification – basically dry hole, producer, or injector. It is also a generic term used to describe the assembly of downhole tubulars and equipment required to enable safe and efficient production from an oil or gas well. Completion can also be described as an operation intended to complete a well through the Christmas tree as a producer of Petroleum in one or more Zones, including the setting of production casing, perforating, stimulating the well and production testing conducted in such operation. The point at which the completion process begins may depend on the type and design of well.
To finish work on a well and bring it to productive status
IEC may be compensate by an additional increase in tariff if a previous update was delayed for any reason
Restructuring plan for IEC
