farm out

A contractual agreement with an owner who holds a working interest in an oil and gas lease to assign all or part of that interest to another party in exchange for fulfilling contractually specified conditions. The farmout agreement often stipulates that the other party must drill a well to a certain depth, at a specified location, within a certain time frame; furthermore, the well typically must be completed as a commercial producer to earn an assignment. The assignor of the interest usually reserves a specified overriding royalty interest, with the option to convert the overriding royalty interest to a specified working interest upon payout of drilling and production expenses, otherwise known as a back-in after payout (BIAPO).

There's nothing more satisfying for middle management than being the decision maker on a farm out.

by Delhi Kedi May 5, 2009

shoned out

your a shone to the extreme;you do everything in the book && more.comes from the word shone(or action) which means hoe,trick,slut,etc.

DAMN!,that girl shoned out!

by MANDA bAYbEE. April 19, 2009

fab out

1. A person who enjoys partaking in sleeping, laying or generally acting in a fatigued manner.

2. A person who has either passed out, fallen asleep or vomitted due to vast consumption of alcoholic beverages.

3. May also be used as a verb, 'fabbing out' when referring to 1. or 2.

1. Wake up, you fab out!

2. Jill's been sick, she's missing the party, the fab out!

3. Why are you fabbing out, you fab out?

by Donna and Fran April 5, 2006

yiped out

to be so high on cocaine that you can't remember how many lines/bags you consumed. very high on cocaine.

that day when i changed the tire i was so fuckin yiped out i didn't feel a thing.

by elizh August 3, 2005

Clonk out

Being extremely tired you could sleep right then and there. Usually heard from Australian youth.

"Today was so tiring, I could clonk out right now"

"Dude I'm so ready to clonk the fuck out"
"Same bro"

by cheaux May 6, 2014

Fogging out

When you finish reading something and you completely forget what you just read.

Teacher: Did you do the reading for Turn of the Screw last night?

Student: Yeah but I was fogging out. Can you please not quiz us?

by Deoblo April 13, 2011

Type out

Verb; to type out

In professional StarCraft gaming when a player admits his defeat he types GG (Good game) as sort of a "I surrender" and then he leaves the game.

So when commentating on a StarCraft game the commentators often say that the players "type out" when they type GG and leaves.

"This is looking really bad for FBH.."
*FBH types GG and leaves*
"...And he types out! Savior takes this game. GG, good game yall! Looking forward to game 4. Nice type out."

by Etabeeta January 16, 2009