Definitions

from Wiktionary, Creative Commons Attribution/Share-Alike License.

  • noun The office of an operator
  • noun The right to operate an oil well

Etymologies

from Wiktionary, Creative Commons Attribution/Share-Alike License

operator +‎ -ship

Support

Help support Wordnik (and make this page ad-free) by adopting the word operatorship.

Examples

  • BP, the oil company that leased the Deepwater Horizon rig, ceded its operatorship in Tubular Bells to Hess last year as it raised money to pay for spill-related costs.

    Hess Plans Development of Gulf Deep-Water Project Angel Gonzalez 2011

  • Shell is still in the process of selling stakes in its other onshore licenses in Nigeria, though delays have reportedly arisen because some potential buyers have expressed concern about whether they will be able to take full operatorship of the blocks.

    Shell Sells Oil Stakes in Nigeria Alexis Flynn 2011

  • "Government is also close to deciding on the operatorship of the three blocks," he said, adding that these decisions would be fast-tracked to ensure the production timetable remains on track.

    Tullow Boosts Uganda Drilling After Closing Deal James Herron 2011

  • Citing two people aware of the matter, the newspaper said that, along with acquiring a minority stake, Kideco is also seeking the mine development operatorship of the project.

    GVK Group in Talks with Indonesia's Kideco For Stake Sale Dow Jones Newswires 2011

  • Two of the three blocks will shift to BP's operatorship following Brazilian regulatory approval, Maersk said.

    Oil Unit of Maersk Gets Deal in Brazil Sven Grundberg 2010

  • "One of the considerations may be that it is better to split these assets up and have a single operator on operatorship and development, rather than the current partnering structure," Mr. Lothian says.

    Oil Production Gets Tougher Oliver Klaus 2010

  • "One of the considerations may be that it is better to split these assets up and have a single operator on operatorship and development, rather than the current partnering structure," Mr. Lothian says.

    Oil Production Gets Tougher Oliver Klaus 2010

  • "One of the considerations may be that it is better to split these assets up and have a single operator on operatorship and development, rather than the current partnering structure," Mr. Lothian says.

    Oil Production Gets Tougher Oliver Klaus 2010

  • A dispute between BG and ONGC (which owns a 40 percent interest in the fields) over which firm would operate them was resolved in February 2003 with a "joint operatorship agreement."

    Energy profile of India 2008

  • Deepwater, gas-prone blocks attracted the most attention and, as was the case in the sixth round, most foreign companies preferred to take minority stakes in Petrobras-operated projects, rather than taking operatorship themselves.

    Energy profile of Brazil 2008

Comments

Log in or sign up to get involved in the conversation. It's quick and easy.