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TeachMeFinance.com - explain Uncompleted wells, equipment, and facilities costs Uncompleted wells, equipment, and facilities costs The term 'Uncompleted wells, equipment, and facilities costs' as it applies to the area of energy can be defined as ' The costs incurred to (1) drill and equip wells that are not yet completed, and (2) acquire or construct equipment and facilities that are not yet completed and installed'. Previous 5 Terms: Uncertainty range uncial unciform Unclassified excavation Uncompacted backfill Next 5 Terms: Unconfined aquifer Unconformity unconsolidated Unconsolidated entity Unconventional oil and natural gas production About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.