Examples of Horizontal well in a sentence
For the purposes of the preceding sentence, the completion of drilling operations of two (2) Short-Lateral Horizontal Xxxxx shall be considered the completion of drilling operations on one (1) Horizontal Well.
XxxxXxxxx shall notify the Trustee of any well, prior to spudding such well, that it elects to drill or cause to be drilled in the Target Formation in the greater Xxxxxx-Xxxxxx field area that constitutes an Initial Horizontal Well; provided that such notification shall not be effective if such well is incapable of commencing production of Minerals.
Following the drilling of the initial Horizontal Well, initial Short-Lateral Horizontal, and initial Vertical, SWD or Pilot Well, respectively, the prepayment due with respect to the second and subsequent of each such xxxxx shall be based on the actual cost of the applicable immediately preceding well.
Unless (a) otherwise consented to in writing by Liberty, or (b) pursuant to Section 2.5(a), Nytis shall drill each Well as a Horizontal Well running through the Berea Sandstone Geologic Interval.
In the event that Assignor commences the drilling of a Development Well, but fails to drill beyond the midpoint of the curve, such Development Well will have an Adjusted Horizontal Well Factor of zero (0).