Oilfield Glossary
Oilfield Glossary
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carried working interest

1. n. [Oil and Gas Business]
A working interest generally paid in consideration for work related to the prospect. This interest is paid, or carried, for the drilling and or completion costs as specified in the contract between the parties, by another working interest owner typically until casing point is reached, or through the tanks, meaning through completion of the well, as agreed upon contractually.