(vt.) Geology. The act of acquiring acreage for exploration or production activity. See: licensing round. (2) (n.) Geology. An area of surface land on which exploration or production activity occurs
Schlumberger Ltd. (The World's Leading Supplier Of Technology, Integrated Project Management And Information Solutions to Customers Working in The Oil and Gas Industry Worldwide), Schlumberger Oilfield Glossary Cedex, France 2014. http://www.glossary.oilfield.slb.com/en/Terms/sym/ a.aspx, (Ergo - Brit) {766}