Assertion: farmout agreement | /r/HasProperty | another company
Facets:
value: in the oil and gas industry
type: LOCATION
Source sentences:
text: In the oil and gas industry, a farmout agreement is an agreement entered into by the owner of one or more mineral leases, called the "farmor", and another company who wishes to obtain a percentage of ownership of that lease or leases in exchange for providing services, called the "farmee.