Common use of Drilling Contracts Clause in Contracts

Drilling Contracts. All ▇▇▇▇▇ drilled on the Contract Area shall be drilled on a competitive contract basis at the usual rates prevailing in the area. If it so desires, Operator may employ its own tools and equipment in the drilling of ▇▇▇▇▇, but its charges therefore shall not exceed the prevailing rates in the area and the rates of such charges shall be agreed upon by the parties in writing before drilling operations are commenced, and such work shall be performed by Operator under the same terms and conditions as are customary and usual in the area in contracts of independent contracts who are doing work of similar nature.

Drilling Contracts. All ▇▇▇▇▇ The well to be drilled on the Contract Area shall be drilled on a competitive contract basis at the usual rates prevailing in the area. If it so desires, Operator may employ its own tools and equipment in the drilling of ▇▇▇▇▇, but its charges therefore shall not exceed the prevailing rates in the area and the rates rate of such charges shall be agreed upon on by the parties in writing before drilling operations are commenced, and such the work shall be performed by Operator under the same terms and conditions as are customary and usual in the area in contracts of independent contracts contractors who are doing work of a similar nature.

Drilling Contracts. All ▇▇▇▇▇ drilled on the Contract Area shall be drilled on a competitive contract basis at the usual rates prevailing in the area. If it so desires, Operator may employ its own tools and equipment in the drilling of ▇▇▇▇▇, but its charges therefore therefor shall not exceed the prevailing rates in the area and the rates rate of such charges shall be agreed upon by the parties in writing before drilling operations are commenced, and such work shall be performed by Operator under the same terms and conditions as are customary and usual in the area in contracts of independent contracts contractors who are doing work of a similar nature.

Drilling Contracts. All ▇w▇▇▇▇ drilled on the Contract Area shall be drilled on a competitive contract pricing basis at the usual rates prevailing in the area. If it so desires, Operator may employ its own or Affiliates’ tools and equipment in the drilling of ▇w▇▇▇▇, but its provided that the charges therefore therefor shall not exceed the prevailing rates in the area and the rates of such charges shall be agreed upon by the parties in writing before drilling operations are commenced, and such work shall be performed by Operator under the same terms and conditions as are customary and usual in the area in contracts of independent contracts who are doing work of similar naturearea.