Definition of operatorship in English:

Share this entry


Pronunciation: /ˈɒpəreɪtəˌʃɪp/


(In the oil and gas industries) the right to operate a well, field, or other oil source.
Example sentences
  • Originally discovered by Chevron (NYSE: CVX) in 1946, operatorship of the field was turned over to PDVSA following nationalization.
  • Energy Africa has informed the Namibian authorities that they intend to assume 100% interest and operatorship of the field.
  • I think the Government should consider encouraging growth in the local sector by participating in more farm-outs and more operatorships.

For editors and proofreaders

Line breaks: op¦er¦ator|ship

Share this entry

What do you find interesting about this word or phrase?

Comments that don't adhere to our Community Guidelines may be moderated or removed.