Common use of Development drilling Clause in Contracts

Development drilling. Labor, goods/ materials and services used for drilling and equipping development w▇▇▇▇, development-type stratigraphic test w▇▇▇▇ and service w▇▇▇▇, whether the welllheads directly or indirectly towards production including well pads, access roads, bridges and jetty to drilled-w▇▇▇▇ from related fields. Only intangible costs are included herein.

Appears in 3 contracts

Sources: Production Sharing Contract (Indonesia Energy Corp LTD), Production Sharing Contract (Indonesia Energy Corp LTD), Production Sharing Contract (Indonesia Energy Corp LTD)