Common use of Abandonment of Xxxxx Clause in Contracts

Abandonment of Xxxxx. If a proposal to plug and abandon an Exploratory Well receives approval by Vote, the approved proposal binds all Parties. If any Participating Party fails to respond within the applicable response period for a proposal to plug and abandon an Exploratory Well, that Participating Party shall be deemed to have approved the plugging and abandonment of that Exploratory Well. If a rig is on location, a proposal to plug and abandon an Exploratory Well under either Article 10.3(a) or 10.3(b) does not receive approval by Vote, and if within twenty-four (24) hours (inclusive of Saturdays, Sundays, and federal holidays) after receipt of that proposal no other operation is proposed (and subsequently approved) for the well by a Party entitled to make a proposal, the Operator may nevertheless proceed to plug and abandon that Exploratory Well, and shall give each Participating Party notice of that fact. If the proposal to plug and abandon an Exploratory Well that has not produced Hydrocarbons (other than as a result of Production Testing) does not receive approval by Vote, but the Operator deems the well bore not to be safe or in sound enough condition for it to perform further operations, the Operator may nevertheless proceed to plug and abandon that Exploratory Well, and shall give each Participating Party notice of that fact.

Abandonment of Xxxxx. If a proposal to plug and abandon an Exploratory a Development Well receives approval by Vote, the approved proposal binds all Parties. If any Participating Party fails to respond within the applicable response period for a proposal to plug and abandon an Exploratory a Development Well, that Participating Party shall be deemed to have approved the plugging and abandonment of that Exploratory Development Well. If a rig is on location, location and a proposal to plug and abandon an Exploratory a Development Well under either Article 10.3(a13.5 (a) or 10.3(b13.5 (b) does not receive approval by Vote, and if within twenty-four (24) hours (inclusive of Saturdays, Sundays, and federal holidays) after receipt of that proposal no other operation is proposed (and subsequently approved) for the well by a Party entitled to make a proposal, the Operator may nevertheless proceed to plug and abandon that Exploratory the Development Well, and shall give each Participating Party notice of that fact. If the proposal to plug and abandon an Exploratory a Development Well that has not produced Hydrocarbons (other than as a result of Production Testing) does not receive approval by Vote, but the Operator deems the well bore not to be safe or in sound enough condition for it to perform further operations, the Operator may nevertheless proceed to plug and abandon that Exploratory Well, Development Well and shall give each Participating Party notice of that fact.

Abandonment of Xxxxx. If a proposal to plug and abandon an Exploratory Appraisal Well receives approval by Vote, the approved proposal binds all Parties. If any Participating Party fails to respond within the applicable response period for a proposal to plug and abandon an Exploratory Appraisal Well, that Participating Party shall be deemed to have approved the plugging and abandonment of that Exploratory Appraisal Well. If a rig is on location, location and a proposal to plug and abandon an Exploratory Appraisal Well under either Article 10.3(a11.4(a) or 10.3(b11.4(b) does not receive approval by Vote, and if within twenty-four (24) hours (inclusive of Saturdays, Sundays, and federal holidays) after from receipt of that proposal no other operation is proposed (and subsequently approved) for the well by a Party entitled to make a proposal, the Operator may nevertheless proceed to plug and abandon that Exploratory Appraisal Well, and shall give each Participating Party notice of that fact. If the proposal to plug and abandon an Exploratory Appraisal Well that has not produced Hydrocarbons (other than as a result of Production Testing) does not receive approval by Vote, but the Operator deems the well bore not to be safe or in sound enough condition for it to perform further operations, the Operator may nevertheless proceed to plug and abandon that Exploratory Appraisal Well, and shall give each Participating Party notice of that fact.

Abandonment of Xxxxx. If a proposal to plug and abandon an Exploratory Well receives approval by Vote, the approved proposal binds all Parties. If any Participating Party fails to respond within the applicable response period for a proposal to plug and abandon an Exploratory Well, that Participating Party shall be deemed to have approved the plugging and abandonment of that Exploratory Well. If a drilling rig is on location, a proposal to plug and abandon an Exploratory Well under either Article 10.3(a) or 10.3(b) does not receive approval by Vote, and if within twenty-four (24) hours (inclusive of Saturdays, Sundays, and federal holidays) after receipt of that proposal no other operation is proposed (and subsequently approved) for the well by a Party entitled to make a proposal, the Operator may nevertheless proceed to plug and abandon that Exploratory Well, and shall give each Participating Party notice of that fact. If the proposal to plug and abandon an Exploratory Well that has not produced Hydrocarbons (other than as a result of Production Testing) does not receive approval by Vote, but the Operator deems the well bore not to be safe or in sound enough condition for it to perform further operations, the Operator may nevertheless proceed to plug and abandon that Exploratory Well, and shall give each Participating Party notice of that fact.

Abandonment of Xxxxx. If a proposal to plug and abandon an Exploratory Appraisal Well receives approval by Vote, the approved proposal binds all Parties. If any Participating Party fails to respond within the applicable response period for a proposal to plug and abandon an Exploratory Appraisal Well, that Participating Party shall be deemed to have approved the plugging and abandonment of that Exploratory Appraisal Well. If a drilling rig is on location, location and a proposal to plug and abandon an Exploratory Appraisal Well under either Article 10.3(a11.4(a) or 10.3(b11.4(b) does not receive approval by Vote, and if within twenty-four (24) hours (inclusive of Saturdays, Sundays, and federal holidays) after from receipt of that proposal no other operation is proposed (and subsequently approved) for the well by a Party entitled to make a proposal, the Operator may nevertheless proceed to plug and abandon that Exploratory Appraisal Well, and shall give each Participating Party notice of that fact. If the proposal to plug and abandon an Exploratory Appraisal Well that has not produced Hydrocarbons (other than as a result of Production Testing) does not receive approval by Vote, but the Operator deems the well bore not to be safe or in sound enough condition for it to perform further operations, the Operator may nevertheless proceed to plug and abandon that Exploratory Appraisal Well, and shall give each Participating Party notice of that fact.

Abandonment of Xxxxx. If a proposal to plug and abandon an Exploratory a Development Well receives approval by Vote, the approved proposal binds all Parties. If any Participating Party fails to respond within the applicable response period for a proposal to plug and abandon an Exploratory a Development Well, that Participating Party shall be deemed to have approved the plugging and abandonment of that Exploratory Development Well. If a drilling rig is on location, location and a proposal to plug and abandon an Exploratory a Development Well under either Article 10.3(a13.5 (a) or 10.3(b13.5 (b) does not receive approval by Vote, and if within twenty-four (24) hours (inclusive of Saturdays, Sundays, and federal holidays) after receipt of that proposal no other operation is proposed (and subsequently approved) for the well by a Party entitled to make a proposal, the Operator may nevertheless proceed to plug and abandon that Exploratory the Development Well, and shall give each Participating Party notice of that fact. If the proposal to plug and abandon an Exploratory a Development Well that has not produced Hydrocarbons (other than as a result of Production Testing) does not receive approval by Vote, but the Operator deems the well bore not to be safe or in sound enough condition for it to perform further operations, the Operator may nevertheless proceed to plug and abandon that Exploratory Well, Development Well and shall give each Participating Party notice of that fact.

Abandonment of Xxxxx. If a proposal to plug and abandon an Exploratory a Development Well receives approval by Vote, the approved proposal binds all Parties. If any Participating Party fails to respond within the applicable response period for a proposal to plug and abandon an Exploratory a Development Well, that Participating Party shall be deemed to have approved the plugging and abandonment of that Exploratory Development Well. If a rig is on location, location and a proposal to plug and abandon an Exploratory a Development Well under either Article 10.3(a13.5 (a) or 10.3(b13.5 (b) does not receive approval by Vote, and if within twenty-four (24) hours (inclusive of Saturdays, Sundays, and federal holidays) after receipt of that proposal no other operation is proposed (and subsequently approved) for the well by a Party entitled to make a proposal, the Operator may nevertheless proceed to plug and abandon that Exploratory the Development Well, and shall give each Participating Party notice of that fact. If the proposal to plug and abandon an Exploratory a Development Well that has not produced Hydrocarbons (other than as a result of Production Testing) does not receive approval by Vote, but the Operator deems the well bore not to be safe or in sound enough condition for it to perform further operations, the Operator may nevertheless proceed to plug and abandon that Exploratory Well, Development Well and shall give each Participating Party notice of that fact.. The Participating Parties in a Development Well proposal shall pay all Costs of plugging and abandoning that Development Well, except all increased plugging