In petroleum: a well drilled on water depths beyond 200 meters, whether within or without a deepwater contract [Section 3(x), Oil Exploration and Development Act of 1972, as amended by Presidential Decree No. 1857]
In petroleum: a well drilled on water depths beyond 200 meters, whether within or without a deepwater contract [Section 3(x), Oil Exploration and Development Act of 1972, as amended by Presidential Decree No. 1857]
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