DCHP-1 Online
farmout 
n. a sub-lease granted by an oil company, permitting a person or group to drill in a prescribed area.
- 1955 Both the indicated oil strikes are on farmout from Canadian Superior Oil of California Ltd. and are shared by Dome and the private group, the farmout acreage is shared 50 percent by Dome et al and 50 percent by Canadian Superior.
- 1958 The drilling group also holds an Alberta government drilling reservation and lands in that tract are all in close proximity to the farmout half-section and scheduled "deep test" well.
- 1955 Both the indicated oil strikes are on farmout from Canadian Superior Oil of California Ltd. and are shared by Dome and the private group, the farmout acreage is shared 50 percent by Dome et al and 50 percent by Canadian Superior.