View Question & Answer
Categories
ContractDate Posted: 2009-08-18 13:08:12
Do work units apply to exploration only? What is the definition of work unit?
Answer
Date Answered: 2009-08-18 13:08:51
Work Units are monetary values to compare bids and determine the amount of performance guarantees. One Work Unit is deemed to be the equivalent of USD 10,000 worth of Hydrocarbon Operations.