DRILLING OPERATIONS. The term "Drilling Operations" means the actual drilling of an oil or gas well, together with work in the hole necessary to properly complete or abandon the oil or gas well, conducted with due diligence and in a good and workmanlike manner. Drilling Operations will be deemed to have commenced when a ▇▇▇▇▇▇▇, a rig, and machinery capable of drilling an oil or gas well to a depth sufficient to test a permitted objective have been erected, and when such well has been spudded-in and the rotary bit is rotating under power. Sidetracking, re-entering, reworking, recompletion, plugging back, or repairing an existing oil or gas well will not constitute Drilling Operations. Drilling Operations will be deemed to have been completed (whether as a dry hole or as a producing oil or gas well) on the earliest of the following dates:
Appears in 3 contracts
Sources: Oil and Gas Lease, Oil and Gas Lease, Oil and Gas Lease