What is the definition of Bottom hole contract? | Dictionary.net

BOTTOM HOLE CONTRACT

\bˈɒtəm hˈə͡ʊl kˈɒntɹakt], \bˈɒtəm hˈə‍ʊl kˈɒntɹakt], \b_ˈɒ_t_ə_m h_ˈəʊ_l k_ˈɒ_n_t_ɹ_a_k_t]\

Definitions of BOTTOM HOLE CONTRACT

1910 - Black's Law Dictionary (2nd edition)

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an agreement where the owners contract to pay the well drillers a set some of money when they reach a certain depth.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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