| 释义 |
exploration cost Exploration CostThe cost an oil or gas company incurs while searching for oil or gas to drill. Exploration costs include the cost of researching appropriate places to drill and the cost of actually drilling. There is no guarantee that there will be a return on the investment of exploration costs because there is no guarantee that the company will find oil or natural gas. Exploration costs can also be quite expensive. See also: Exploration oil & gas limited partnership, Upstream.exploration cost The cost of searching for and drilling exploratory gas and oil wells. |