Development Report Content Clause Samples

Development Report Content. With respect to the Dedication Area, the Development Reports shall include information as to (i) the ▇▇▇▇▇ (each, a “Planned Well”) and Separator Facilities (each, a “Planned Separator Facility”) that Producer expects to drill or install during the applicable Period of Two Years, including the expected locations, completion dates thereof (which completion dates shall not be earlier than the applicable Target On-Line Dates), the expected spud dates of such Planned ▇▇▇▇▇, and dates flow is anticipated to initiate from such ▇▇▇▇▇; (ii) the anticipated Oil Quality of the production from any Well and Separator Facility that Producer expects to produce during the applicable Period of Two Years; (iii) the Receipt Points and Delivery Points (including proposed receipt points and delivery points not yet agreed in writing among the Parties) at which Product produced from each Well is to be delivered by or redelivered to Producer during the applicable Period of Two Years; (iv) the number of Planned ▇▇▇▇▇ and Planned Separator Facilities anticipated to be producing after the Period of Two Years and before the end of the Period of Five Years, broken out by an appropriate geographic area, such as a development plan area; (v) the actual lateral length for each Well described in the Period of Two Years, the anticipated lateral length for each Planned Well described in the Period of Two Years and initial assumptions for the planned lateral length for each Planned Well anticipated to be producing after the Period of Two Years and before the end of the Period of Five Years; (vi) the number of rigs that Producer intends to operate in the Dedication Area each year during the Period of Five Years (including sufficient detail regarding the anticipated location of such rigs to allow Midstream Co to determine which Individual System would be impacted by such rig activity); (vii) with respect to the Period of Two Years, the anticipated date of each frac, the quantity of fresh water required to complete such frac and an indication of the type of frac to be performed (slick, hybrid gel, gel, etc); (viii) with respect to the Period of Two Years, the anticipated date on which Midstream Co may initiate construction or other development activities at the Well or Separator Facility in order to complete the interconnection into the Individual System; and (ix) such other information as may be reasonably requested by Midstream Co with respect to ▇▇▇▇▇ and Separator Facilities that Producer i...