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AACQ: See Actual annual contract quantity.
AB: See Able-bodied seaman.
Abandon: (1) The proper plugging and abandoning of a well in compliance
with all applicable regulations and the cleaning up of the wellsite to the sat-
isfaction of any governmental body having jurisdiction with respect thereto
and to the reasonable satisfaction of the operator. (2) To cease efforts to nd
or produce from a well or eld. (3) To plug a well completion and salvage
material and equipment.
Abandoned Well: A well (oil, natural gas, or water injection) not in use
because it was a dry hole originally or because it has ceased to produce ...