Common use of Completed Well Clause in Contracts

Completed Well. (a) A well ready for and capable of producing hydrocarbons in commercial quantities regardless of whether the necessary equipment and machinery is installed to permit continuous production and marketing of hydrocarbons or (b) a dry hole.

Appears in 6 contracts

Samples: Agreement, Wexpro Ii Agreement (Questar Pipeline Co), Wexpro Ii Agreement

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